What is GoShare?
GoShare operates as a dynamic marketplace designed to optimize last-mile and middle-mile logistics. By harnessing the power of APIs, mobile applications, and artificial intelligence, the company has established a robust nationwide network comprising more than 20,000 trucks, vans, and cars. Initially founded to bring order to the vast number of underutilized commercial vehicles on the road, GoShare aims to enhance supply chain efficiencies for its clients while simultaneously empowering drivers to manage and grow their delivery businesses. This strategic positioning allows GoShare to address critical gaps in the logistics ecosystem.
How much funding has GoShare raised?
GoShare has raised a total of $10M across 4 funding rounds:
Debt
$822K
Angel/Seed
$1M
Debt
$150K
Angel/Seed
$8M
Debt (2016): $822K, investors not publicly disclosed
Angel/Seed (2016): $1M, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Angel/Seed (2021): $8M featuring LAUNCH Fund, Mark IV Capital, Cove Fund II, and The Syndicate
Key Investors in GoShare
Mark IV Capital
Mark IV Capital is a privately held investment platform specializing in commercial real estate and private equity. The company develops, acquires, and manages high-quality properties while also investing in innovative companies across various sectors. With a long-term investment approach, Mark IV Capital has a history of creating lasting value and operates a family office to support its shareholders. The firm has developed hundreds of millions of square feet of land and continues to expand its portfolio with a focus on strategic growth.
Cove Fund II
Cove Financial Group Inc. (www.covefinancial.com) has created the Mortgage Alternative Program for would-be home buyers who have a down payment, but do not qualify today for a mortgage. MAP Is Simple - You get pre-qualified, then choose the home you want to buy with your real estate agent. Cove buys the home and you enter into escrow to buy the home from Cove. You move in right away and while you are in escrow (for up to 6 years) you lease the home from Cove. When you obtain mortgage financing, you close escrow and you own the home. Cove is committed to transforming home ownership and helping families realize the dream of owning a home. Cove believes Americans deserve to have stability and certainty in where they are going to live and raise their families. The core values they pledge to bring to every transaction and customer interaction are: respect, customer-focus, integrity, honesty and transparency.
The Syndicate
The Syndicate is an angel investing club led by Jason Calacanis that has invested in over 300 startups in the past decade. It provides a platform for investors to receive deal memos and attend webinars, while startups can submit their companies for potential investment. The Syndicate targets both individual investors looking to engage in startup financing and founders seeking funding opportunities. Notable investments have included startups such as Uber, Calm, and Robinhood.
What's next for GoShare?
The recent major strategic investment in GoShare signals a pivotal phase for the company, likely focused on scaling its operations, expanding its technological capabilities, and further solidifying its market presence. With a foundation built on a substantial network and advanced technology, GoShare is poised to capitalize on the increasing demand for efficient and flexible delivery solutions. Future developments may include enhanced AI-driven route optimization, broader geographic coverage, and deeper integration with enterprise supply chain systems, all aimed at reinforcing its competitive advantage in the logistics technology space.
See full GoShare company page
