2,116% growth from 2019 to 2022 earned GoBolt the 8th position on the Deloitte Technology Fast 50 and was ranked 74th on the Deloitte Technology Fast 500
TORONTO – Nov. 8, 2023 – GoBolt, a technology company building the world’s largest sustainable supply chain network, today announced it ranked No. 8 on the Deloitte Technology Fast 50™ and No. 74 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. GoBolt grew 2,116% between 2019 to 2022.
“Once again securing recognition from Deloitte as one of Canada’s most rapidly expanding technology companies underscores our team’s unwavering commitment and tireless efforts to deliver sustainable, technology-driven solutions to global leaders in retail,” said Mark Ang, the Co-Founder and Chief Executive Officer of GoBolt. “We’ve heard, and answered, the clear demand from our partners for a more integrated and sustainable logistics approach. Meeting their calls has accelerated our company’s continued innovation and growth in the tech space.”
GoBolt is committed to reshaping the legacy logistics landscape by providing sustainable, all-encompassing logistics solutions driven by its innovative, proprietary technology. From its Warehouse and Transportation Management Systems, to its Order Management and Routing Software, GoBolt is streamlining end-to-end logistics services for brands and their customers alike. At every juncture, the company’s decisions and continued growth are driven by its commitment to simplifying its customers’ supply chains, increasing transparency for its retail partners and eliminating its carbon footprint for the betterment of the planet.
“It’s inspiring how this year’s exceptional cohort of Technology Fast 50 winners have delivered outstanding revenue growth even in the face of prevailing uncertainties,” said Anders McKenzie, partner and national leader of Deloitte Canada’s Technology Fast 50 program. “Fueled by exemplary innovation, creativity, resilience, adaptability, along with superior business leadership, these companies are paving the way as catalysts in their respective sectors and delivering growth and value to the Canadian economy both at home and beyond.”
To qualify for Deloitte’s Technology Fast 50 ranking, GoBolt had to meet specific criteria including being in business for at least four years, revenues of over $50,000 in 2019 and $5 million in 2022, headquarters in Canada, ownership of proprietary technology, research and development activities in Canada and at least 5% of gross revenues invested into its R&D.
GoBolt was also recognized on Deloitte’s Technology Fast 500™ list for the third consecutive year. Now in its 29th year, this annual program ranks the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies across North America.
“It’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP, an industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500 we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract.”
To be eligible for Technology Fast 500 recognition, GoBolt had to own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. GoBolt also had to have base-year operating revenues of at least $50,000, and current-year operating revenues of at least $5 million. Additionally, GoBolt had to be in business for a minimum of four years and be headquartered in North America.
Founded in 2017, GoBolt has grown exponentially from its roots as a small-scale consumer storage business to an expansive international business-to-business (B2B) logistics operation offering sustainable, technology-driven solutions to global retail leaders. Today, GoBolt serves major brands and their customers across major metropolitan areas in the U.S. and Canada.
For more information on GoBolt, visit www.gobolt.com.
Founded in 2017, GoBolt is a technology company building the largest sustainable supply chain network that partners with merchants to deliver a complete end-to-end customer experience. By operating as an extension of each merchant’s team, GoBolt provides reliable warehousing, pick and pack, shipping, and last-mile delivery solutions. With a growing network of warehouses across North America and a suite of proprietary apps designed and supported by an in-house engineering team, GoBolt unlocks enhanced transparency and control for merchants. The company’s focus on customer-centricity is further driven by a deep commitment to sustainability. GoBolt is proud to offer carbon-neutral deliveries by prioritizing delivery in an electric vehicle and sequestering equivalent carbon emissions when that is not possible. For more information, visit GoBolt.com.
About the Deloitte Technology Fast 50™ program
The Deloitte Technology Fast 50 program is Canada’s preeminent technology awards program. Celebrating its 26th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise—Industry leaders, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2023 program sponsors include Deloitte, RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For further information, visit www.fast50.ca.