GoBolt
| Company type | Private |
|---|---|
| Industry | Logistics, third-party logistics |
| Founded | 2017 |
| Founder | Mark Ang, Heindrik Bernabe |
| Headquarters | |
Area served | Canada, United States |
GoBolt is a Canadian logistics company focused on third-party logistics. The company provides warehousing, fulfillment, shipping, and last-mile delivery services in Canada and the United States, with operations in several major metropolitan areas across seven U.S. states.
Overview
GoBolt was founded in 2017 by Mark Ang and Heindrik Bernabe, originally under the name Second Closet, a valet storage service for university students.[1] The company gradually transitioned to third-party logistics, rebranding as Bolt Logistics in 2021 and later as GoBolt in 2022. The company is based in Toronto, Ontario.[2]
The company began operating in the U.S. in 2022.[3] During the same year, GoBolt acquired BoxKnight, a same-day delivery logistics company.[4]
In December 2022, GoBolt secured $75 million CAD in its Series C round bringing the total funding received by the company to $222.5 million CAD, including previous rounds such as a $115 million CAD Series B in 2021 and a $33.2 million CAD Series A raised across two rounds.[5][6]
GoBolt provide logistics services, including warehousing, order fulfillment, and last-mile delivery services, catering to e-commerce businesses.[7] The company provides same-day and next-day delivery in selected regions.[8]
The company uses electric vehicles for deliveries as part of its sustainability initiatives.[9]
References
- ^ "Electrifying the shipping industry with A&S alum Mark Ang and GoBolt". Faculty of Arts & Science. 2024-02-21. Retrieved 2024-10-17.
- ^ "GoBolt Company Profile: Overview and Full News Analysis". www.ourcrowd.com. Retrieved 2024-10-17.
- ^ "Co-Founded by Mark Ang (BCom 2017), GoBolt expands to U.S." Centre for Entrepreneurship. 2022-05-04. Retrieved 2024-10-17.
- ^ "GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space". 2022-06-14. Retrieved 2024-10-17.
- ^ Daleo, Jack (2022-12-07). "GoBolt raises $55M to support US growth". FreightWaves. Retrieved 2024-10-17.
- ^ "GoBolt Secures $75 Million in Series C Financing". Yaletown Partners. Retrieved 2024-10-17.
- ^ "GoBolt: About". www.linkedin.com.
- ^ Mooney, Michelle (2022-09-15). "GoBolt launches same day and next day delivery". Logistics Manager. Retrieved 2024-10-17.
- ^ "GoBolt makes the EV investment". www.fleetequipmentmag.com. 2023-12-20. Retrieved 2024-10-17.