About GLS Canada
GLS Canada is a company based in Kriens (Switzerland) founded in 1997 was acquired by GLS in September 2018. It operates as a Managed Services, and Pay-per-Use / Usage-Based. GLS Canada has completed 4 acquisitions, including Advanced Distributing, Advanced Distribution Services and Modern Forwarding. GLS Canada offers products and services including Parcel Shipping, Freight Solutions, and Warehousing.
- Headquarter Kriens, Switzerland
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gls Canada
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$7.25 M (USD), Debt – Conventional
Dec 19, 2017
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Investors
GLS
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Advanced Distributing
& 3 more
- Acquired by
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Products & Services of GLS Canada
GLS Canada offers a comprehensive portfolio of products and services, including Parcel Shipping, Freight Solutions, and Warehousing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Parcel shipping services are provided for various destinations.
Freight solutions are offered for larger cargo shipments.
Warehousing services are available for storage and distribution.
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Funding Insights of GLS Canada
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $7.2M
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First Round
First Round
(19 Dec 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Debt – Conventional - GLS Canada | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GLS Canada
GLS Canada has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include GLS, Systhen and Capx Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward growth-stage companies.
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Founded Year | Domain | Location | |
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A private equity firm focused on middle market businesses.
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Founded Year | Domain | Location | |
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International parcel delivery services are facilitated across multiple countries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GLS Canada
GLS Canada has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Advanced Distributing, Advanced Distribution Services and Modern Forwarding. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Delivery and warehousing services are provided across the United States.
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2006 | ||||
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Web-enabled solutions for freight forwarding and trucking operations are provided.
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2003 | ||||
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Limited information available
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GLS Canada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gls Canada Comparisons
Competitors of GLS Canada
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about GLS Canada
When was GLS Canada founded?
GLS Canada was founded in 1997 and raised its 1st funding round 20 years after it was founded.
Where is GLS Canada located?
GLS Canada is headquartered in Kriens, Switzerland. It is registered at Kriens, Lucerne, Switzerland.
What does GLS Canada do?
GLS Canada is involved in providing comprehensive logistics solutions across Canada. Services offered include parcel shipping, freight transportation, and warehousing. The company operates in the transportation sector, focusing on efficient delivery and supply chain management. Expansion efforts are seen in North America through acquisitions like AltiMax Courier. Sustainability initiatives are prioritized with steps towards zero emissions by 2045. Over 65 locations are maintained in Canada, supporting a wide network for parcel and freight services.
What products or services does GLS Canada offer?
GLS Canada offers Parcel Shipping, Freight Solutions, and Warehousing.
How many acquisitions has GLS Canada made?
GLS Canada has made 4 acquisitions, including Advanced Distributing, Advanced Distribution Services, and Modern Forwarding.
Who are GLS Canada's investors?
GLS Canada has 4 investors. Key investors include GLS, Systhen, Capx Partners, and Wind Point Partners.