What is GoExpedi?
Founded in 2017 and headquartered in Texas, GoExpedi is redefining the industrial supply landscape by integrating a robust e-commerce platform with a sophisticated supply chain infrastructure. The company aims to streamline procurement processes for industrial goods, offering a more efficient and accessible alternative to traditional methods. Its innovative approach targets a market ripe for digital transformation, positioning GoExpedi as a key player in the modernization of industrial commerce.
How much funding has GoExpedi raised?
GoExpedi has raised a total of $37.8M across 4 funding rounds:
Angel/Seed
$2.3M
Series A
$8M
Series B
$25M
Series C
$2.5M
Angel/Seed (2018): $2.3M, investors not publicly disclosed
Series A (2019): $8M led by Blue Bear Capital, SaaS Ventures, Crosslink Capital, and Bowery Capital
Series B (2019): $25M supported by Crosslink Capital, Bowery Capital, CSL Ventures, Blue Bear Capital, and Top Tier Capital Partners
Series C (2020): $2.5M featuring Top Tier Capital Partners LLC, San Jose Pension Fund, Hack VC, Bowery Capital, CSL Ventures, and Crosslink Capital Inc
Key Investors in GoExpedi
Crosslink Capital
Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies. With a focus on seed and Series A investments ranging from $1M to $9M, the firm has a diverse portfolio across North America, boasting over 50 exits including 17 IPOs.
Bowery Capital
Bowery Capital focuses exclusively on supporting startups that disrupt and upgrade legacy marketing and IT products and services across all organizations. The firm believes that the key ingredient to early success is MRR and ARR growth, and as such provides various sales tools that portfolio companies can leverage to develop a strong early customer base.
Blue Bear Capital
Blue Bear Capital is a venture capital and early growth equity firm that focuses on AI-powered solutions for energy, infrastructure, and climate challenges. The company invests in digital technology companies within critical industries such as sustainable energy production, electric grid infrastructure, and climate industries.
What's next for GoExpedi?
The recent strategic investment signals a new phase of accelerated growth for GoExpedi. With substantial capital backing, the company is poised to enhance its technological capabilities, expand its market reach, and further optimize its supply chain operations. This infusion of capital will likely support strategic initiatives aimed at capturing greater market share and solidifying its position as a leader in the industrial e-commerce space. Future developments may include expanding product offerings, forging new partnerships, and investing in advanced analytics to better serve its industrial clientele.
See full GoExpedi company page
