Stord Secures $400 Million Credit Facility Led by Citi to Scale Its Network, Robotics, and AI Investment, Expands Leadership Team

Oversubscribed at nearly double the company’s original target and joined by Morgan Stanley, JPMorgan, and others. The financing arrives alongside two executive appointments: Bill Zerella as Chief Financial Officer and Mark Wayland as Chief Revenue Officer. ATLANTA – October 8, 2026 — Stord , the physical intelligence layer for independent commerce, today announced a $400 million credit facility led by Citi and joined by Morgan Stanley and JPMorgan, alongside First Citizens, Citizens, and KeyBank.