GoBolt Raises CAD$75M in Series C Financing


GoBolt, a Toronto, Canada-based technology company building an integrated supply chain network, raised CAD$75M in Series C funding.

The round, which brought total funds raised to date to more than $222.5M CAD, was led by Yaletown Venture Partners and Export Development Canada, with participation from BDC Capital, Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ingka Investments,

The company intends to use the funds to further investments in sustainability, including increasing its electric fleet and charging infrastructure, and enhancements to robotics and warehouse automation.  

Led by CEO Mark Ang, GoBolt is a technology company building sustainable and vertically integrated supply chain network that partners with merchants to deliver an end-to-end customer experience. By operating as an extension of each merchant’s team, the company provides reliable warehousing, pick and pack, shipping, and last-mile delivery. GoBolt operates a growing network of warehouses across North America and a suite of proprietary apps designed and supported by an in-house engineering team, to enhance transparency and control for merchants.