# GoFor Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gofor-industries

- Industry: Consumer Services
- Headquarters: Ottawa, Canada
- Website: www.gofordelivers.com
- Total disclosed funding: $26M
- Latest round: Series A (Dec 14, 2020)
- Investors on record: 9

## About

GoFor Industries Inc. is a Canadian company specializing in web hosting and digital infrastructure solutions, designed to optimize online presence for various businesses.Founded in 2016 and headquartered in Ottawa, Canada, GoFor Industries Inc. focuses on delivering web hosting services. The firm has successfully completed four deals, with the most recent funding round occurring on December 14, 2020. This Series A funding raised CAD 20.00 mn and was led by Builders VC, with participation from investors such as GroundBreak Ventures, MetaProp, Panache Ventures, and Plug and Play Ventures. The founders of the company include Basavaraj Halli, Brad Rollo, and Lukas Bimba, while Christopher Paris and Lukas Bimba currently serve as co-CEOs.GoFor Industries Inc. offers a variety of web hosting and digital infrastructure solutions aimed at improving the online operations of businesses. Their services are tailored to help clients manage their websites with high reliability and security, addressing common issues such as downtime and slow loading times. Their diverse clientele includes both small to medium-sized enterprises (SMEs) and larger corporations across North America, Europe, and parts of Asia, where the demand for dependable digital services continues to grow.GoFor Industries Inc.'s revenue model is based on subscription services, allowing clients to access hosting solutions on a recurring basis through flexible contracts. The company operates primarily on a B2B model, providing services directly to businesses. Their pricing plans are tiered to accommodate different service levels, ensuring clients can select options that align with their operational needs. The company's flagship services include enhanced security features and performance optimization tailored for optimal website functionality, contributing to client retention.Following the Series A funding round on December 14, 2020, in which GoFor Industries Inc. raised CAD 20.00 mn, the company plans to leverage these funds to develop new products designed to amplify their service offerings. They are exploring opportunities for expansion into additional markets, particularly in Europe and Asia, by the end of 2022. The recent funding will support these growth initiatives, helping to enhance their digital infrastructure and web hosting capabilities.

## Funding rounds

- Series A, Dec 14, 2020, $16M — Plug and Play, MetaProp, Builders VC, Panache Ventures, GroundBreak Ventures
- Seed, Jun 17, 2020, $9.8M — I2BF, Plug and Play, Mucker Capital, Builders VC, CEMEX Ventures, Panache Ventures, Capital Angels Network
- Seed, Sep 12, 2019 — CEMEX Ventures
- Seed, Jun 13, 2019, $0.5M — Panache Ventures, Capital Angels Network

## Investors

- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed, Series A
- Capital Angels Network — Seed
- CEMEX Ventures (https://capitalatlas.ai/funds/cemex-ventures) — Seed
- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed, Series A
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed
- Builders VC (https://capitalatlas.ai/funds/builders-vc) — Seed, Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Series A
- GroundBreak Ventures (https://capitalatlas.ai/funds/groundbreak-ventures) — Series A