GOFO Express raises $100M to scale last-mile delivery in the US
What's the deal? GOFO ExpressDealroom has a profile for this one. Try Dealroom →, a US last-mile parcel delivery provider founded in 2023, has raised $100 million in an early-stage round. Freshwave Fund, HH Hawthorn Fund, Gaorong Ventures, and Hillhouse InvestmentDealroom has a profile for this one. Try Dealroom → backed the deal.
What's the endgame? The company focuses on the "last mile" — the final leg of the logistics chain that delivers parcels to customers' doors. The fresh capital is set to support its expansion across the US.
Why now? GOFO Express is barely two years old, making a nine-figure early-stage raise an unusually large bet on a young company. The round lands as e-commerce continues to push demand for faster, cheaper last-mile delivery.
The signal: At $100 million, this round sits in the 99th percentile of all-time early-stage venture deals in US transportation, across a sample of 967 rounds. That scale signals investor conviction that last-mile logistics remains a contested, capital-hungry market worth backing early.
Read more: itjuzi.com
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