GoBolt
{{Infobox company
| name = GoBolt
| type = Private
| industry = Logistics, third-party logistics
| founded = 2017
| founder = Mark Ang, Heindrik Bernabe
| hq_location_city = Toronto, Ontario, Canada
| area_served = Canada, United States
}}
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.
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.{{Cite web |date=2024-02-21 |title=Electrifying the shipping industry with A&S alum Mark Ang and GoBolt |url=https://www.artsci.utoronto.ca/news/electrifying-shipping-industry-alum-mark-ang-and-gobolt |access-date=2024-10-17 |website=Faculty of Arts & Science |language=en}}{{Cite web |url=https://www.collierscanada.com/en-ca/news/gobolt |website=www.collierscanada.com |title=Marc Kirshenbaum, Executive Vice President, Colliers connects with Mark Ang, CEO & Co-Founder of GoBolt | date=2023-07-31 | access-date=2025-03-08}}{{Cite web |title=GoBolt's Mark Ang is on a mission to disrupt logistics |url=https://renx.ca/gobolts-mark-ang-is-on-a-mission-to-disrupt-logistics |access-date=2024-10-17 |website=renx.ca |language=en}}{{Cite web |title=The Story of GoBolt: A Leading Company in Logistics |url=https://www.gobolt.com/company/ |access-date=2024-10-17 |website=www.gobolt.com |language=en-US}}{{Cite web |last=GoBolt |title=GoBolt Achieves 484% Year-Over-Year Growth in EV Deliveries |url=https://www.newswire.ca/news-releases/gobolt-achieves-484-year-over-year-growth-in-ev-deliveries-853007028.html |access-date=2024-10-17 |website=www.newswire.ca |language=en}} 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.{{Cite web |title=GoBolt Company Profile: Overview and Full News Analysis |url=https://www.ourcrowd.com/startup/gobolt |access-date=2024-10-17 |website=www.ourcrowd.com |language=en-US}}{{Cite web |title=GOBOLT – THE FUTURE OF SUSTAINABLE, TECH-ENABLED FULFILLMENT AND LAST-MILE DELIVERY – Innovations of the World |url=https://innovationsoftheworld.com/gobolt-the-future-of-sustainable-tech-enabled-fulfillment-and-last-mile-delivery/ |access-date=2024-10-17 |language=en-US}}{{Cite web |title=GoBolt {{!}} Company Overview & News |url=https://www.forbes.com/companies/gobolt/ |access-date=2024-10-17 |website=Forbes |language=en}}
The company began operating in the U.S. in 2022.{{Cite web |date=2022-05-04 |title=Co-Founded by Mark Ang (BCom 2017), GoBolt expands to U.S. |url=https://www.entrepreneurship.artsci.utoronto.ca/news/co-founded-mark-ang-bcom-2017-gobolt-expands-us |access-date=2024-10-17 |website=Centre for Entrepreneurship |language=en}}{{Cite web |date=2022-05-17 |title=3PL GoBolt expands to U.S. |url=https://www.ccjdigital.com/ecommerce-urban-delivery/ecommerce/article/15291935/3pl-gobolt-expands-to-us |access-date=2024-10-17 |website=Commercial Carrier Journal |language=en-us}} During the same year, GoBolt acquired BoxKnight, a same-day delivery logistics company.{{Cite web |date=2022-06-14 |title=GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space |url=https://betakit.com/gobolt-buys-same-day-delivery-startup-boxknight-to-accelerate-move-into-small-parcel-space/ |access-date=2024-10-17 |language=en-CA}}{{Cite web |title=GoBolt acquires e-commerce logistics provider BoxKnight |url=https://gowlingwlg.com/en/insights-resources/client-work/2022/gobolt-acquires-boxknight |access-date=2024-10-17 |website=gowlingwlg.com |language=en}}
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.{{Cite web |last=Daleo |first=Jack |date=2022-12-07 |title=GoBolt raises $55M to support US growth |url=https://www.freightwaves.com/news/sustainable-last-mile-firm-gobolt-raises-55m-to-support-us-growth |access-date=2024-10-17 |website=FreightWaves |language=en-US}}{{Cite web |title=GoBolt Secures $75 Million in Series C Financing |url=https://yaletown.com/news/gobolt-secures-75-million-in-series-c-financing/ |access-date=2024-10-17 |website=Yaletown Partners |language=en-CA}}{{Cite web |date=2022-12-07 |title=GoBolt closes $75 million Series C round to double down on EVs, North American expansion |url=https://betakit.com/gobolt-closes-75-million-series-c-round-to-double-down-on-evs-north-american-expansion/ |access-date=2024-10-17 |language=en-CA}}{{Cite news |date=2022-12-07 |title=Toronto EV delivery startup GoBolt raises $75-million in second round of venture financing |url=https://www.theglobeandmail.com/business/article-gobolt-toronto-delivery-startup-venture-financing/ |access-date=2024-10-17 |work=The Globe and Mail |language=en-CA}}{{Cite web |last=Rafieyan |first=Darius |title=Exclusive: Green logistics company GoBolt raises $55 million to build out a fleet of electric trucks |url=https://www.businessinsider.com/green-logistics-company-gobolt-raises-55-million-series-c-2022-12 |access-date=2024-10-17 |website=Business Insider |language=en-US}}
GoBolt provide logistics services, including warehousing, order fulfillment, and last-mile delivery services, catering to e-commerce businesses.{{Cite web |title=GoBolt: About |url=https://www.linkedin.com/company/go-bolt/about/ |website=www.linkedin.com}} The company provides same-day and next-day delivery in selected regions.{{Cite web |last=Mooney |first=Michelle |date=2022-09-15 |title=GoBolt launches same day and next day delivery |url=https://www.logisticsmanager.com/gobolt-launches-same-day-and-next-day-delivery/ |access-date=2024-10-17 |website=Logistics Manager |language=en-GB}}
The company uses electric vehicles for deliveries as part of its sustainability initiatives.{{Cite web |date=2023-12-20 |title=GoBolt makes the EV investment |url=https://www.fleetequipmentmag.com/gobolt-makes-the-ev-investment/ |access-date=2024-10-17 |website=www.fleetequipmentmag.com |language=en-US}}{{Cite web |title=GoBolt balances rapid growth with sustainability goals |url=https://renx.ca/bolt-logistics-balances-rapid-growth-sustainability-goals |access-date=2024-10-17 |website=renx.ca |language=en}}{{Cite web |last=Toneguzzi |first=Mario |date=2022-01-19 |title=IKEA Partnership Launching One of the Largest Zero Emission Vehicle Fleets in Canada for Deliveries: Interview |url=https://retail-insider.com/retail-insider/2022/01/ikea-partnership-launching-one-of-the-largest-zero-emission-vehicle-fleets-in-canada-for-deliveries-interview/ |access-date=2024-10-17 |website=Retail Insider |language=en-US}}{{Cite web |last=Gregory |first=Donna |date=2024-07-18 |title=GoBolt Exponential Growth in EV Deliveries in First Half of 2024 |url=https://www.environmentenergyleader.com/stories/gobolt-exponential-growth-in-ev-deliveries-in-first-half-of-2024,44876 |access-date=2024-10-17 |website=Environment+Energy Leader |language=en}}{{Cite web |last=Bennett |first=Dan |date=2022-08-31 |title=GoBolt and Lightning eMotors Form Strategic Partnership to Deploy All-Electric Vans and Trucks across North America |url=https://lightningemotors.com/gobolt-and-lightning-emotors-form-strategic-partnership-to-deploy-all-electric-vans-and-trucks-across-north-america/ |access-date=2024-10-17 |website=Lightning eMotors |language=en-US}}{{Cite press release |last=GoBolt |title=GoBolt Achieves 484% Year-Over-Year Growth in EV Deliveries |url=https://www.prnewswire.com/news-releases/gobolt-achieves-484-year-over-year-growth-in-ev-deliveries-302198787.html |access-date=2024-10-17 |website=www.prnewswire.com |language=en}}{{Cite web |last=Jarratt |first=Emma |date=2022-09-27 |title=GoBolt offering small package, last-mile delivery with electric fleet |url=https://electricautonomy.ca/fleets/2022-09-27/gobolt-canada-last-mile-delivery-electric-fleet/ |access-date=2024-10-17 |website=Electric Autonomy Canada |language=en-CA}}{{Over-citation|date=November 2024}}