Just three years ago the entrepreneur Yaiza Canosa founded GOI, the first logistics operator focuses exclusively on the transportation, assembly and installation of bulky products in Spain. Now the company has secured €17m funding, the private equity investment firm which will now take about 50% of GOI.
GOI plans to use this investment to finance its ambitious business plan, mainly focused on strengthening its human team and increasing its income.
This is GOI, the first logistics, assembly and installation operator for large-volume products in Spain
GOI’s objective is clear: to offer a renewed vision of logistics management in the country, by not only offering transportation services, but also introducing services that give its customers a competitive advantage.
GOI invests in processes that improve the speed of deliveries, communications as well as the experience of your service, while managing to reduce costs in part by reducing failed deliveries. For this, it has 3 different business areas:
- Last mile deliveries for high volume products
- GOI Installations
- GOI Tech Services
The company currently shows significant growth: during the last year has reached 4.8 million euros in sales, has a team of 70 people made up of expert professionals in logistics, technology and finance.
Its business model is based on the creation of a national network of collaborators in all phases of the logistics value chain, as well as the use of its own technology that allows real-time tracking of shipments, monitoring of deliveries and optimization of the route network to reduce these delivery times.
Some of GOI’s clients include companies such as Amazon or Leroy Merlin, among other. The forecast is that this industry will show exponential growth over the next few years, of course driven even more after the increase that eCommerce has shown due to the pandemic.
After the investment, the company will strengthen its growth and sales volume
After this injection of capital, that the company is “in a very special moment, in which logistics is the key to how we consume and we at GOI want to be leaders in this growing market with a unique service offering.”
Despite the fact that she is only 27 years old, Canosa has a long history as an entrepreneur, among which she stands out with projects such as Glue, a consulting firm specialized in technology and marketing which led to GlueWork, manager of coworking spaces in Madrid.
According to the same company, GOI’s strategy for the next 6 months will focus on strengthening its growth through an increase in the volume of orders from its current clientswhich will achieve more income, since it expects to bill 12 million this year, while benefiting from an economy of scale that makes it possible to reduce costs.
Today, the GOI network covers the entire Spanish peninsular territory, while planning to extend its reach to the rest of the Iberian Peninsula with an opening towards the Portuguese market.
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