GoShare Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

GoShare Inc. - overview

Established

2014

Location

San Diego, CA, US

Primary Industry

Consumer Services

About

GoShare Inc. is a technology-driven platform that provides on-demand delivery and moving services, seamlessly connecting customers with delivery professionals for various logistics needs across the United States. Founded in 2014 in San Diego, US, GoShare Inc. offers an innovative logistics solution.


The company was co-founded by Joel Ng, Shaun Savage, and Tshegofatso Masenya, with Shaun Savage currently serving as CEO. In October 2021, GoShare raised USD 8. 00 mn in Seed funding, co-led by Mark IV Capital and The Cove Fund, with participation from Adasel Global Partners and Keshif Ventures. This funding brings the total amount raised by the company to USD 8.


00 mn, with three deals completed to date. GoShare operates a technology-driven platform that specializes in on-demand delivery and moving services across various geographical markets, particularly in the United States. Its core product is a mobile application that connects users with a network of vetted delivery professionals for services including last-mile delivery and middle-mile logistics. The platform facilitates transportation of large items, like furniture and appliances, as well as smaller parcels and documents, catering to both individual consumers and businesses.


Customers can schedule same-day pickups or plan deliveries in advance, addressing the needs for quick and reliable logistics solutions. GoShare generates revenue through a transactional model that charges users for delivery services arranged via its platform. Customers receive price estimates through the app, which provides transparency based on their specific service requests. The revenue structure includes fees for same-day deliveries and scheduled services for both consumer and business markets, with costs determined by factors such as distance, size of items, and vehicle type.


This pricing strategy is designed to remain competitive against traditional moving and delivery options, appealing to a broad customer base seeking efficient logistics solutions. In October 2021, GoShare Inc. raised USD 8. 00 mn in Seed funding to support its growth strategy.


The funding will be allocated towards hiring key executives, enhancing product development, and expanding into new geographic markets across the US. The company aims to broaden its service offerings and reach by launching new products and entering additional regions.


Current Investors

Tech Coast Angels, Keshif Ventures, Mark IV Capital

Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services, Web Applications, Search Engines, Logistics Software

Website

www.goshare.co

Verticals

Cloud Computing, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.