GoBolt

GoBolt
TypePrivate
IndustryLogistics, third-party logistics
Founded2017
FounderMark Ang, Heindrik Bernabe
Headquarters
Toronto, Ontario, Canada
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

GoBolt was founded in 2017 by Mark Ang and Heindrik Bernabe, originally under the name Second Closet, a valet storage service for university students. The company gradually transitioned to third-party logistics, rebranding as Bolt Logistics in 2021 and as GoBolt in 2022. The company is based in Toronto, Ontario.

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

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.

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

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

References

  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.