GoBolt Asset Profile

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Year established

2017

Location

Toronto ON Canada

Primary Industry

Consumer Services

About

Founded in 2017 by Mark Ang, Jonathan Rosemberg and Adam Long and based in Ontario, Canada, Bolt Technologies Incorporated, trading under the name GoBolt operates as a pay-per-item storage company that offers courier and storage services for its customers. In March 2021, Second Closet, Inc. raised CAD 20 million in venture funding co-led by returning investor Whitecap Venture Partners and new investor Intact Ventures. In November 2021, Bolt Technologies Incorporated raised CAD 75 million in venture funding led by new investor Yaletown Partners. The round was a part of a larger CAD 115 million series B debt and equity funding round. Bolt Technologies provides a courier and delivery service to pick up the items of its customers and store them in their facilities. The company also has an online platform that addresses its customer's needs and concerns. The company provides technology-enabled logistics and delivery services intended for businesses of all sizes, from small local e-commerce shops to large national retailers. The company provides services including warehousing, pick and pack, shipping, and last-mile delivery services, thereby enabling businesses to increase delivery accuracy and efficiency. Bolt Technologies Incorporated plans to use the funding to penetrate operations in existing markets, identify new opportunities to expand its partner pool to best serve current and prospective clients, and expand the number of employees by the end of 2021.

Current Investors

MIG Group, Whitecap Venture Partners, Dream Maker Ventures

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Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services, Warehouses, Web Applications

Website

www.gobolt.com

Verticals

Mobile Apps

Company Stage

Series C

Total Amount Raised

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