GoBolt is a Canadian logistics company focused on third-party logistics solutions. 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.
| Company type | Private |
|---|---|
| Industry | Logistics, third-party logistics |
| Founded | 2017 |
| Founder | Mark Ang, Heindrik Bernabe |
| Headquarters | |
Area served | Canada, United States |
Overview
editGoBolt was founded in 2017 by Mark Ang and Heindrik Bernabe, originally under the name Second Closet, a valet storage service for university students.[1][2][3][4][5][6] 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.[7][8][9]
The company began operating in the U.S. in 2022.[10][11] During the same year, GoBolt acquired BoxKnight, a same-day delivery logistics company.[12][13]
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.[14][15][16][17][18]
GoBolt provide logistics services, including warehousing, order fulfillment, and last-mile delivery services, catering to e-commerce businesses.[19] The company provides same-day and next-day delivery in selected regions.[20]
The company uses electric vehicles for deliveries as part of its sustainability initiatives.[21][22][23][24][25][26][27][excessive citations]
References
edit- ^ "Electrifying the shipping industry with A&S alum Mark Ang and GoBolt". Faculty of Arts & Science. 2024-02-21. Retrieved 2024-10-17.
- ^ "GoBolt". www.collierscanada.com.
- ^ "GoBolt's Mark Ang is on a mission to disrupt logistics". renx.ca. Retrieved 2024-10-17.
- ^ "The Story of GoBolt: A Leading Company in Logistics". www.gobolt.com. Retrieved 2024-10-17.
- ^ GoBolt. "GoBolt Achieves 484% Year-Over-Year Growth in EV Deliveries". www.newswire.ca. Retrieved 2024-10-17.
- ^ Noll, Doug (2023-10-30). "Heindrik Bernabe of GoBolt: 5 Things I Wish Someone Told Me Before I Became A Founder". Authority Magazine. Retrieved 2024-10-17.
- ^ "GoBolt Company Profile: Overview and Full News Analysis". www.ourcrowd.com. Retrieved 2024-10-17.
- ^ "GOBOLT – THE FUTURE OF SUSTAINABLE, TECH-ENABLED FULFILLMENT AND LAST-MILE DELIVERY – Innovations of the World". Retrieved 2024-10-17.
- ^ "GoBolt | Company Overview & News". Forbes. 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.
- ^ "3PL GoBolt expands to U.S." Commercial Carrier Journal. 2022-05-17. 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.
- ^ "GoBolt acquires e-commerce logistics provider BoxKnight". gowlingwlg.com. 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 closes $75 million Series C round to double down on EVs, North American expansion". 2022-12-07. Retrieved 2024-10-17.
- ^ "Toronto EV delivery startup GoBolt raises $75-million in second round of venture financing". The Globe and Mail. 2022-12-07. Retrieved 2024-10-17.
- ^ Rafieyan, Darius. "Exclusive: Green logistics company GoBolt raises $55 million to build out a fleet of electric trucks". Business Insider. 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.
- ^ "GoBolt balances rapid growth with sustainability goals". renx.ca. Retrieved 2024-10-17.
- ^ Toneguzzi, Mario (2022-01-19). "IKEA Partnership Launching One of the Largest Zero Emission Vehicle Fleets in Canada for Deliveries: Interview". Retail Insider. Retrieved 2024-10-17.
- ^ Gregory, Donna (2024-07-18). "GoBolt Exponential Growth in EV Deliveries in First Half of 2024". Environment+Energy Leader. Retrieved 2024-10-17.
- ^ Bennett, Dan (2022-08-31). "GoBolt and Lightning eMotors Form Strategic Partnership to Deploy All-Electric Vans and Trucks across North America". Lightning eMotors. Retrieved 2024-10-17.
- ^ GoBolt. "GoBolt Achieves 484% Year-Over-Year Growth in EV Deliveries". www.prnewswire.com. Retrieved 2024-10-17.
- ^ Jarratt, Emma (2022-09-27). "GoBolt offering small package, last-mile delivery with electric fleet". Electric Autonomy Canada. Retrieved 2024-10-17.