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- GoBolt
GoBolt Funding, Investors & Competitors
GoBolt has raised $146M across 6 funding rounds, most recently a $55M Series C in December 2022.
Last GoBolt funding round
$55M
Series C · Dec 2022
Cumulative funding GoBolt raised
$146M
across 6 funding rounds
Key investors in GoBolt
Whitecap Venture Partners
Micheal Hyatt
MIG Capital
Yaletown Partners
Intact Financial Corp.
Northleaf Capital Partners
Dream Maker Ventures (DMV)
Cowie Capital Partners
GoBolt Overview
About GoBolt
GoBolt is a Toronto-headquartered supply chain network offering warehousing, pick-and-pack, shipping, and last-mile delivery integrated with merchant operations. The company maintains warehouses across North America and deploys proprietary apps for transparency. GoBolt invests in electric vehicle fleets for carbon-neutral deliveries through sustainability partnerships. Established in 2017, the platform extends merchant capabilities with technology-driven logistics.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services, Subscription
GoBolt Funding History
GoBolt has raised a total of $146M across 6 funding rounds.
GoBolt's first fundraising round was a $400K seed round in July 2017. The most recent completed round was a $55M Series C in December 2022.
GoBolt funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2022 | Series C | Export Development Canada (lead); Yaletown Partners (lead); MIG Group; Ingka Investments; Northleaf Capital Partners; Whitecap Venture Partners; BDC Capital; BMO Capital Markets | $55M | GoBolt is a Toronto-based logistics company providing end-to-end services including warehousing, pick-and-pack, shipping, and last-mile delivery using proprietary technology for real-time tracking and an all-electric fleet aimed at sustainability and carbon negativity. The Series C round on December 9, 2022, raised $55.12 million (CAD converted to USD in reports), led by Yaletown Venture Partners and Export Development Canada, with participation from BDC Capital, BMO Capital Partners, Ingka Investments, MIG Group, Northleaf Capital Partners, and Whitecap Venture Partners, bringing total funding to approximately $162-176 million. Funds will expand electric vehicle infrastructure, fleet, US market growth, and Canadian operations in cities like Toronto, Montreal, Ottawa, Calgary, and Vancouver. GoBolt differentiates with in-house staffing, EV focus having invested over $40 million in charging stations, and plans for warehouse automation and carbon capture projects. Customers include direct-to-consumer brands like Frank and Oak, competing against Amazon's Rivian EVs and DHL's electric vans. The company positions itself uniquely in logistics through network scale, technology, and sustainability, resonating with North American brands seeking carbon-negative solutions. |
| Nov 2021 | Series B | Yaletown Partners (lead); Bank of Montreal; Micheal Hyatt; Northleaf Capital Partners; MIG Capital; Whitecap Venture Partners; Mark Cowie; Silicon Valley Bank; Dream Maker Ventures (DMV); Mike Cowie; Intact Financial Corp.; Kensington Capital Partners Limited; Ingka Group | $60M | GoBolt is a tech-enabled logistics company that secured a C$75 million Series C financing round led by Yaletown Partners, with Export Development Canada (EDC) also participating. This followed a prior C$115 million round, also led by Yaletown. The investors in the queried round include Bank of Montreal, Dream Maker Ventures, Ingka Group, Intact Ventures, Kensington Capital Partners, Mark Cowie, Michael Hyatt, MIG Capital, Mike Cowie, Northleaf Capital Partners, Silicon Valley Bank, and Whitecap Venture Partners, with Yaletown Partners as lead. |
| Mar 2021 | Undisclosed stage | Intact Financial Corp. (lead); Whitecap Venture Partners (lead); Cowie Capital Partners; Micheal Hyatt; MIG Capital | $16M | - |
| Dec 2019 | Series A | Whitecap Venture Partners (lead); Cowie Capital Partners; Micheal Hyatt; Dream Maker Ventures (DMV) | $13M | - |
| Jun 2018 | Seed | - | $2M | - |
| Jul 2017 | Seed | Micheal Hyatt (lead); Richard Hyatt (lead) | $400K | - |
Who has invested in GoBolt?
20 investors have backed GoBolt across its funding rounds, including Whitecap Venture Partners, Micheal Hyatt, MIG Capital, Yaletown Partners, Intact Financial Corp. and Northleaf Capital Partners.
Lead investors include Export Development Canada, Yaletown Partners, Intact Financial Corp., Whitecap Venture Partners, Micheal Hyatt and 1 other investor.
GoBolt Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jul 2017 | ||
| 4 | Lead | Dec 2019 | ||
| 2 | Participant | Dec 2019 | ||
| 2 | Participant | Nov 2021 | ||
| 2 | Participant | Mar 2021 | ||
| 2 | Lead | Nov 2021 | ||
| 2 | Participant | Dec 2019 | ||
| 2 | Lead | Mar 2021 | ||
| 1 | Participant | Dec 2022 | ||
| 1 | Lead | Dec 2022 | ||
| 1 | Participant | Dec 2022 | ||
| 1 | Lead | Jul 2017 | ||
| 1 | Participant | Nov 2021 | ||
This data is available for Pro users. Sign up to see all 20 GoBolt investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by GoBolt
GoBolt has acquired 1 company to date.
Last acquisition by GoBolt was on June 14th 2022. GoBolt acquired BoxKnight for undisclosed valuation.
Latest Acquisitions by GoBolt
| Description | BoxKnight is a Miami-headquartered same-day delivery service tailored for e-commerce retailers in the southeastern U.S. The platform connects merchants with a network of drivers for rapid fulfillment from warehouses to doorsteps. Features include real-time tracking and API integrations with Shopify and WooCommerce. Launched in 2020, BoxKnight covers Florida cities like Orlando and Tampa. |
| HQ Country | |
| HQ City | Montreal |
| Deal Date | 14 Jun 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all GoBolt acquisitions and their M&A valuation multiples. Start Free Trial | |
GoBolt Competitors
GoBolt competitors include listed companies like Xiamen Xiangyu Co and Shopify, and private ones like Olist, Route, Flexe and Redo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $61B | $523M | $2.5B | 0.1x | ||
| Private | - | - | $1.3B | - | ||
| Publicly listed | $12B | $1.2B | $165B | 11.3x |
GoBolt Public Comps
GoBolt is still privately-owned, but its public comps include Shopify, UPS, Canadian National Railway, FedEx, Deutsche Post, Maersk, DSV, Adani Ports & Special, Poste Italiane and Old Dominion Freight Line.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $1.2B | 13.9x | 11.3x | 132.9x | 61.9x | |||
| $89B | $12B | 1.2x | 1.2x | 9.2x | 8.8x | |||
| $12B | $6.5B | 7.2x | 6.8x | 13.6x | 13.9x | |||
| $95B | $11B | 1.1x | 1.1x | 9.5x | 9.9x | |||
| $95B | $13B | 1.0x | 1.0x | 7.8x | 7.4x | |||
| $54B | $10B | 1.1x | 1.0x | 5.9x | 5.4x | |||
| $38B | $3.6B | 1.6x | 1.3x | 16.4x | 11.5x | |||
| $4B | $2.4B | 11.8x | 11.0x | 20.2x | 18.7x | |||
This data is available for Pro users. Sign up to see all GoBolt competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GoBolt
| When was GoBolt founded? | GoBolt was founded in 2017. |
| Where is GoBolt headquartered? | GoBolt is headquartered in Toronto, Canada. |
| Is GoBolt publicly listed? | No, GoBolt is a private, VC-backed company. |
| How much funding has GoBolt raised? | GoBolt has raised $146M across 6 funding rounds. |
| What was GoBolt's last funding round? | GoBolt's last funding round was a $55M Series C in December 2022, led by Export Development Canada and Yaletown Partners. |
| Who are GoBolt's investors? | GoBolt's investors include Micheal Hyatt, Whitecap Venture Partners, Cowie Capital Partners, Northleaf Capital Partners, MIG Capital, Yaletown Partners, Dream Maker Ventures (DMV), Intact Financial Corp., MIG Group, Export Development Canada and 10 others. |
| Which companies are comparable to GoBolt? | Companies comparable to GoBolt include Olist, Route, Flexe, Xiamen Xiangyu Co, Redo and Shopify. |
| How many companies has GoBolt acquired? | GoBolt has acquired 1 company, including BoxKnight. |
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