What is GoBolt?
Founded in 2017, GoBolt operates as a technology-driven logistics provider, offering a comprehensive end-to-end supply chain solution for merchants. By functioning as an extension of their clients' teams, GoBolt delivers reliable warehousing, pick-and-pack services, shipping, and last-mile delivery. The company leverages a growing network of warehouses across North America and proprietary software developed by an in-house engineering team to enhance transparency and control for its partners. GoBolt's commitment to sustainability is a core tenet of its operations, evidenced by its investment in an electric vehicle fleet and strategic sustainability partnerships, aiming to provide carbon-neutral deliveries.
How much funding has GoBolt raised?
GoBolt has raised a total of $171M across 2 funding rounds:
Series B
$115M
Series C
$56M
Series B (2021): $115M with participation from Ingka Investments and Yaletown Partners
Series C (2022): $56M led by Export Development Canada, Whitecap Venture Partners, BDC Capital Management, Northleaf Capital, BMO Capital Markets, and Yaletown Venture Partners
Key Investors in GoBolt
Export Development Canada
Export Development Canada, established in 1944, provides risk management, secure financing, and working capital services, headquartered in Ottawa, Ontario, Canada.
Whitecap Venture Partners
Whitecap Venture Partners is a Toronto-based early-stage venture capital fund that invests in high-growth companies across ICT, MedTech, and Food/FoodTech, offering operational and strategic value to entrepreneurs.
BDC Capital Management
BDC Capital Management is an independent investment advisory firm specializing in comprehensive financial planning and values-based investing, with a focus on aligning financial strategies with personal beliefs.
What's next for GoBolt?
The recent major strategic investment in GoBolt signals a pivotal phase for the company, likely enabling further expansion of its sustainable supply chain infrastructure and technological capabilities. This capital infusion is expected to fuel GoBolt's mission to scale its operations across North America, enhance its electric vehicle fleet, and deepen its proprietary technology stack. The company's focus on providing a vertically integrated, carbon-neutral logistics solution positions it to capture a significant share of the growing e-commerce market, particularly among merchants prioritizing environmental responsibility and efficient delivery.
See full GoBolt company page
