GoFor Raises Nearly $20M in Series A Funding

GoFor Industries

GoFor Industries, an Ottawa, Ontario-based last-mile, on-demand and same-day delivery company, closed a $20m (CAD) Series A growth funding round.

The round, which has now raised a total of nearly $30m (CAD), was led by Builders VC with participation from MetaProp, GroundBreak Ventures, Plug & Play Ventures and Panache Ventures. In conjunction with the funding, Mark Blackwell, Partner at Builders VC, will be joining the GoFor Board of Directors.

The company intends to use the funds to continue its ongoing expansion into the U.S. (into 11 new cities, including Atlanta, Baltimore, Washington DC, San Francisco, Memphis, Detroit, Chicago, Boston, Philadelphia, Miami and Phoenix beyond Dallas/Fort Worth, Houston, San Antonio, Charlotte and all across Canada).

Led by Brad Rollo, CEO, GoFor Industries is a last-mile logistics solutions provider. Its on-demand platform matches retailers’ and suppliers’ complex needs with a marketplace inventory of fleet operators and drivers — providing delivery to customers. The streamlined SaaS platform encompasses a full suite of logistics capabilities, including eCommerce integration, dispatching, and reporting.

The company has made over 200,000 deliveries. Its hundreds of customers include some of the biggest retail names, including one of the largest home improvement stores in the U.S. and Canada.

FinSMEs

14/12/2020

Join the discussion