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GoFor Raises Nearly $20M in Series A Funding


GoFor Industries, an Ottawa, Ontario-based last-mile, on-demand and same-day delivery company, closed a $20m (CAD) Series A growth funding round.
The round, which has now raised a total of nearly $30m (CAD), was led by Builders VC with participation from MetaProp, GroundBreak Ventures, Plug & Play Ventures and Panache Ventures. In conjunction with the funding, Mark Blackwell, Partner at Builders VC, will be joining the GoFor Board of Directors.
The company intends to use the funds to continue its ongoing expansion into the U.S. (into 11 new cities, including Atlanta, Baltimore, Washington DC, San Francisco, Memphis, Detroit, Chicago, Boston, Philadelphia, Miami and Phoenix beyond Dallas/Fort Worth, Houston, San Antonio, Charlotte and all across Canada). ....

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Ottawa logistics platform GoFor gears up for U.S. expansion push with $20M series-A round


After a breakout year in which it delivered on all its market promise and then some, Ottawa last-mile logistics startup GoFor is keeping its foot firmly on the gas pedal as it revs up for an even bigger 2021.
The four-year-old company said Monday it’s closed a $20-million series-A funding round to fuel its ongoing expansion into the U.S. San Francisco-based Builders VC led the round, which also included participation from existing investors Panache Ventures and Plug & Play Ventures as well as newcomers GroundBreak Ventures and MetaProp.
It’s the second major VC raise of the year for GoFor, which landed $9.8 million in seed funding back in June. The company has been riding a massive wave of growth as demand for same-day delivery service has skyrocketed during the pandemic.  ....

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