Accomplishment in Top 10 Growth category recognizes Bolt’s ability to drive growth through a challenging year, reinforcing the company’s position as a leading logistics and fulfillment provider
TORONTO, September 23, 2021 – Bolt Logistics (“Bolt”), a leading Canadian technology-enabled logistics and last-mile delivery provider, is proud to announce it has been named as one of Canada’s top startups in the 2021 CIX Awards. Bolt Logistics is recognized in the Top 10 Growth category, standing out among hundreds of applicants as a result of its strong growth. Bolt attributes this growth to delivering best-in-class fulfillment services and delivery options that are both cost-effective and innovative.
The CIX Awards have recognized Canada’s emerging and most innovative tech startups for more than 14 years, with this year’s recipients recognized for their efforts in adapting to change and driving success throughout the pandemic. Leveraging advanced technology and with a focus on sustainable operations, Bolt Logistics has rapidly scaled, seeing 268% growth in its merchant customer base and 391% employee growth over the last year alone. The company has also made significant progress towards its sustainability objective of becoming the world’s first carbon-negative logistics company by the end of 2023.
The awards also recognize startups championing meaningful change for underrepresented communities, a priority that remains at the forefront of Bolt’s business. The company is committed to meaningful and diverse representation and has pledged to be an equal opportunity employer from its front-line employees through to its management team. Today, more than half of Bolt’s employee base and several members of the management team self-identify as being from an underrepresented ethnic or cultural group.
“Bolt’s recognition as a top Canadian startup is a reflection of our team’s commitment to disrupting the logistics industry — be it the way in which we build and deploy our technology to how we evaluate and empower our talent,” said Mark Ang, CEO of Bolt Logistics. “Keeping up with supply chain demands is an ever-evolving challenge, but one that we have risen to through our team’s dedication to our merchants, adoption of technology, and commitment to sustainability. It’s an honour to receive this recognition and to put Bolt on the map as an industry leader.”
CIX’s recognition of Bolt as one of Canada’s top innovative startups is a testament to the company’s endurance and adaptability to the ecommerce boom caused by the pandemic. The recognition and credibility gained through this achievement strengthens Bolt’s reputation as a leading company in the logistics and fulfillment sector and furthers its mission of being the most recognized provider of customer-centric and sustainable fulfillment services in the country.
About Bolt Logistics
Founded in 2017, Bolt Logistics (“Bolt”) is a leading Canadian technology-enabled logistics and last-mile delivery provider for businesses of all sizes – from local ecommerce shops to national retailers. Bolt provides a customer-centric and sustainable approach to fulfillment, including reliable warehousing, pick and pack, shipping, and last-mile delivery. By operating as an extension of every customer’s team, Bolt delivers best-in-class services every step of the way, ensuring faster, more cost-effective, and complete customer deliveries. Bolt also strives to be carbon negative by 2023 and is building Canada’s largest electric vehicle fleet. For more information on why Canada’s largest box mattress companies, furniture businesses, and ecommerce entrepreneurs trust Bolt as their fulfillment partner, visit gobolt.com.
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Kaiser & Partners