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One Entrepreneur's Journey From Summer Storage To Building An Enterprise Logistics Company

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December 2, 2023

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Delivery trucks spew a lot of CO2. Ang wants to clean up the logistics industry with his Toronto-based startup, GoBolt. To do so, Ang and his cofounder, Heindrik Bernabe, offer sustainable delivery and warehousing services for commercial customers such as IKEA. The company already has more than 100 electric trucks in operation and wants to have 90% of its deliveries made by EVs by the end of 2024. GoBolt’s proprietary AI-powered software manages the fleet, keeping tabs on when trucks need to be charged and which vehicles are best for specific routes. Revenue should top $100 million this year, with more than $200 million in funding. “We are not grappling with retiring an old fleet,” Ang says. “We are building from scratch—and have the software needed to support it.”

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One Entrepreneur's Journey From Summer Storage To Building An Enterprise Logistics Company · Forbes · Sentinel