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. 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
- Founders Jonathan Richards, Sanjay Mandava
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website golorry.com
- Social LinkedIn X
- Legal Name Go Lorry Private Limited
- Date of Incorporation 24 May, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.17 Cr
FY 2023 · -95% YoY
- Net Loss-₹86.6 Lakh
FY 2023 · -74% margin
- EBITDA-₹57.7 Lakh
FY 2023 · -49% margin
- Total Equity Funding$295K (USD)
in 2 rounds
- Latest Funding Round$175K (USD), Seed
Aug 2018
- Investors
- Employee Count4
Associated legal entities of GoLorry
GoLorry operates through Go Lorry Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Go Lorry Private Limited CIN U63000TN2016PTC110543 | Active | 24 May 2016 | Chennai, Tamil Nadu | ₹1.2 Cr | 4 | 2 | View details |
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 $294,998
- Total Rounds 2
- Last Round Seed — $174,998
- First Round $120,000
(Mar 2016)
- Investors Count 1
All 2 funding rounds of GoLorry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $174,998 | Seed | – | – | – |
| Mar 2016 | $120,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for GoLorry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Go Lorry Private Limited (GoLorry)
Go Lorry Private Limited is the primary company behind GoLorry. The board of Go Lorry Private Limited currently have 2 directors; the longest-serving is Nitisha Rastogi, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitisha Rastogi DIN 07694755 | Director | 24 Aug 2021 | 5 yrs 1 mo | Go Lorry Private Limited |
| Jalajakshi Dasari DIN 09640515 | Director | 17 Jun 2022 | 4 yrs 3 mo | Go Lorry Private Limited |
People of GoLorry
8 people are tracked at GoLorry (3 in leadership, 5 in team); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
ZJ Lin | Co-Founder | Leadership |
Syed Hussain | Legal And Business Counsel | Team |
Kumar Hemant | Lead Supply Executive | Team |
Jirra Anandkumar | Support Services Manager | Team |
Sai Teja | Senior Accountant | Team |
Nagaraju Kundeti | Senior Accountant | Team |
Complete people profiles for GoLorry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of GoLorry
Figures of Go Lorry Private Limited, the primary company behind GoLorry, for FY 2023. Revenue was ₹1.17 Cr (-95% year on year). Net loss was -₹86.6 Lakh (-74% margin). EBITDA was -₹57.7 Lakh (-49% margin). Revenue has grown at a compounded annual rate of -64% over three years and -36% over five years.
- ₹1.17 CrRevenue · FY 2023 · -95% YoY
- -₹86.6 LakhNet loss · -74% margin
- -₹57.7 LakhEBITDA · -49% margin
- ₹1 LakhPaid-up capital
- 4Employees (provident fund records)
- -64%Revenue CAGR, 3 years
- -36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Go Lorry Private Limited are on its company page.
Detailed financial statements for GoLorry
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of GoLorry
3 dated milestones of GoLorry across 3 years, from founding to its latest funding, stage changes and deals.
- Founded GoLorry is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed, of $175K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| rivigo.com | 2014 | Gurugram, India | $314.28M | 36 | Online platform offering B2B logistics and trucking services | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| transin.in | 2015 | Hyderabad, India | – | 50 | Online marketplace that connects truck owners with load owners | |
| lobb.in | 2015 | Bengaluru, India | $4.56M | 120 | Provider of a digital freight brokerage platform connecting transporters and truckers | |
| wheelseye.com | 2017 | Gurugram, India | $2.01M | 1,695 | Businesses are connected with truck transportation services across India. | |
| celcius.in | 2020 | Navi Mumbai, India | $54.49M | 256 | Cold chain logistics solutions are booked through an online platform. | |
| onmove.in | 2016 | Gurugram, India | $17.53M | 245 | Technology-enabled platform for transportation management services | |
| cogoport.com | 2016 | Mumbai, India | $80.74M | 186 | Freight shipments are booked and managed via a digital platform. |
Detailed competitors of GoLorry
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to GoLorry
10 companies that operate in the same segment as GoLorry (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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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 2016.
GoLorry has 4 employees.
The primary company behind GoLorry, Go Lorry Private Limited, reported revenue of ₹1.17 Cr for FY 2023, down 95% year on year.
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.
GoLorry operates through Go Lorry Private Limited.
The legal entities of GoLorry currently have 2 directors, including Jalajakshi Dasari, Nitisha Rastogi.