• GoBolt

  Participated · Series C · Dec 2022

  GoBolt operates an integrated supply-chain network and partners with merchants to deliver an end-to-end customer experience by providing warehousing, pick-and-pack, shipping and last-mile delivery. The company runs a growing network of warehouses across North America and offers a suite of proprietary apps developed by an in-house engineering team to enhance merchant transparency and control. Led by CEO Mark Ang, GoBolt positions itself as a technology-driven, vertically integrated logistics provider focused on sustainability. The company intends to use its new funding to expand its electric fleet and charging infrastructure and to invest in robotics and warehouse automation. As of this round, GoBolt has raised more than CAD$222.5M to date. The business combines physical logistics operations with software to operate as an extension of each merchant’s team. Bolt Logistics provides warehousing, pick-and-pack, shipping, and last-mile delivery services as a technology-enabled fulfillment partner. Founded in 2017, Bolt scaled from a consumer storage business into a B2B offering serving Toronto, Ottawa, Montreal, and Vancouver. The company emphasizes a customer-centric, simplified, and sustainable approach and handles everything from small parcels to heavy-and-hard-to-handle deliveries. Bolt aims to be carbon negative by 2023 and is building what it calls Canada’s largest electric vehicle fleet. Using recent financing, Bolt plans to deepen penetration in existing markets, expand its partner pool, grow its talent pipeline, and pursue expansion into the United States. The company projected a headcount of 1,000 employees by the end of 2021, up from about 200 earlier in the year.

• Second Closet

  Participated · Series A · Dec 2019

  Second Closet is a tech-enabled logistics company that partners with businesses of all sizes—from small e-commerce merchants to large national retailers—offering customer-centric fulfillment services including storage, pick-and-pack, shipping, and last-mile delivery. Founded in 2017 by CEO Mark Ang, the company is based in Toronto and operates nine facilities across Toronto, Vancouver, Ottawa, and Montreal. Over the past year it has focused on expanding operations and building out a business-to-business (B2B) offering. The company raised CAD$20m in equity financing to accelerate its B2B market development, expand its product development team, add executive hires, and grow staff in other parts of the business. To date it has raised a total of $35.2m in funding. Second Closet plans to use the new capital to scale its team and product capabilities to better serve merchants and retailers. Second Closet is a Toronto-based self-storage company that facilitates pickup, storage and drop-off of customers' items from secure, temperature-controlled warehousing facilities. Customers pay only for the space they use, receive storage boxes when required, and benefit from item pickup and return within a pre-scheduled three-hour window. The service is used by thousands of consumers. The company operates in Toronto and Vancouver. Founded in 2017 by Mark Ang (CEO), David Ang (COO) and Heindrik Bernabe (CTO), Second Closet combines logistics and a technology platform to manage customer inventories. The company plans to expand reach, accelerate development of its technology platform, and further build out operations and customer experience.

No current team members are available.