GoFor Industries raises $20 million Series A for last-mile delivery solution
Ottawa-based startup GoFor Industries has raised a $20 million CAD Series A round to further its expansion into the United States.
GoFor provides last-mile, on-demand and same-day delivery through its logistics solutions and delivery services for the home improvement and construction industries. Last-mile is a term used in supply chain management to describe the movement of goods from a transportation hub to a final destination.
The round was led by Builders VC, with participation from MetaProp, GroundBreak Ventures, and return investors Plug & Play Ventures and Panache Ventures. The financing is the second GoFor has raised in the last six months. In July, the startup announced a $9.8 million CAD seed round, also led by San Francisco-based Builders VC. GoFor’s total capital raised to date now totals almost $30 million CAD.