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GoBolt

From Wikipedia, the free encyclopedia
GoBolt
TypePrivate
IndustryLogistics, third-party logistics
Founded2017
FounderMark 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

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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][2][3] The company gradually transitioned to third-party logistics, rebranding as Bolt Logistics in 2021[4] and as GoBolt in 2022.[5] The company is based in Toronto, Ontario.[5]

The company began operating in the U.S. in 2022.[6] During the same year, GoBolt acquired BoxKnight, a same-day delivery logistics company.[7]

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.[8][9]

GoBolt provide logistics services, including warehousing, order fulfillment, and last-mile delivery services, catering to e-commerce businesses.[10] The company provides same-day and next-day delivery in selected regions.[11]

The company uses electric vehicles for deliveries as part of its sustainability initiatives.[12]

References

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  1. ↑ "Toronto startup Second Closet aims to 'Uber-ize' self-storage". The Globe and Mail. 2018-09-10. Retrieved 2026-08-11.
  2. ↑ "Valet Self-Storage Startup Second Closet Raises $500K in Seed Money in a Single Day". Inside Self-Storage. July 2017. Retrieved 2026-08-11.
  3. ↑ "U of T grads aim to electrify – and simplify – the package delivery business". University of Toronto Entrepreneurship. 2024-03-25. Retrieved 2026-08-11.
  4. ↑ "Second Closet Rebrands to Bolt, Reflecting Company's Growth as a Leading and Sustainable Fulfillment and Logistics Provider" (Press release). 2021-07-20. Retrieved 2026-08-11 – via Business Wire.
  5. 1 2 "Bolt Logistics rebrands to GoBolt, expands supply chain network to US". BetaKit. 2022-05-13. Retrieved 2026-08-11.
  6. ↑ "Co-Founded by Mark Ang (BCom 2017), GoBolt expands to U.S." Centre for Entrepreneurship. 2022-05-04. Retrieved 2024-10-17.
  7. ↑ "GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space". 2022-06-14. Retrieved 2024-10-17.
  8. ↑ Daleo, Jack (2022-12-07). "GoBolt raises $55M to support US growth". FreightWaves. Retrieved 2024-10-17.
  9. ↑ "GoBolt Secures $75 Million in Series C Financing". Yaletown Partners. Retrieved 2024-10-17.
  10. ↑ "GoBolt: About". www.linkedin.com.
  11. ↑ Mooney, Michelle (2022-09-15). "GoBolt launches same day and next day delivery". Logistics Manager. Retrieved 2024-10-17.
  12. ↑ "GoBolt makes the EV investment". www.fleetequipmentmag.com. 2023-12-20. Retrieved 2024-10-17.