About GoLorry
GoLorry is a company based in San Mateo (United States) founded in 2015 by Jonathan Richards and Sanjay Mandava. GoLorry has raised $295 thousand across 2 funding rounds from investors including Y Combinator. The company has 4 employees as of April 08, 2024. GoLorry operates in a competitive market with competitors including BlackBuck, Rivigo, Vahak, Trans India and Lobb, among others.
- Headquarter San Mateo, United States
- Employees 4 as on 08 Apr, 2024
- Founders Jonathan Richards, Sanjay Mandava
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Go Lorry Private Limited
- Date of Incorporation 24 May, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$2.95 M (USD)-27.97as on Mar 31, 2022
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Net Profit
$12.53 K (USD)-28.12as on Mar 31, 2022
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EBITDA
$113.67 K (USD)102.07as on Mar 31, 2022
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Total Equity Funding
$295 K (USD)
in 2 rounds
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Latest Funding Round
$175 K (USD), Seed
Aug 21, 2018
- Investors
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Employee Count
4
as on Apr 08, 2024
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People of GoLorry
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Senior Team
2 people
Legal and Compliance
1 people
Leadership Team
1 people
Support Team
1 people
Co Team
1 people
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Funding Insights of GoLorry
GoLorry has successfully raised a total of $295K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $175 thousand completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $174,998
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First Round
First Round
(23 Mar 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - GoLorry | Valuation |
investors |
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| Mar, 2016 | Amount | Seed - GoLorry | Valuation | Y Combinator |
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Investors in GoLorry
GoLorry has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
Investments & Acquisitions by GoLorry
Financial Statements - GoLorry
Golorry Comparisons
Competitors of GoLorry
GoLorry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BlackBuck, Rivigo, Vahak, Trans India and Lobb, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
Online platform offering B2B logistics and trucking services
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| domain | founded_year | HQ Location |
An app-based marketplace is operated for cargo transportation bookings.
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Businesses are connected with truck transportation services across India.
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Latest news on Golorry
Frequently Asked Questions about GoLorry
GoLorry was founded in 2015 and raised its 1st funding round 1 year after it was founded.
GoLorry is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Sanjay Mandava is the current CEO of GoLorry. They have also founded this company.
GoLorry is a funded company, having raised a total of $295K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 23, 2016.
As of Apr 08, 2024, the latest employee count at GoLorry is 4.
Annual revenue of GoLorry is $2.95M as on Mar 31, 2022.
GoLorry was established in 2015 in San Mateo, United States, as an online marketplace within the logistics sector. Truckers and load providers are connected through the platform, which supports truck booking, shipment tracking, and future order management. Digital payments are facilitated, along with on-demand pricing and reporting tools, to streamline operations across the trucking industry.
GoLorry has 1 investor. Key investors include Y Combinator.