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26 October 20213 minute read

DLA Piper advises GoShare in seed financing round

DLA Piper represented cloud-based logistics startup GoShare in a seed financing round led by Mark IV Capital, Cove Fund, Jason Calacanis’s LAUNCH Fund and The Syndicate. Existing investors Adasel Global Partners, Keshif Ventures and Eric Di Benedetto also participated, bringing the total amount of funding to US$8 million.

GoShare is a marketplace for truck and van owners, with a network of more than 10,000 delivery professionals who provide on-demand last mile and middle mile delivery services. As an economic empowerment platform, GoShare enables thousands of entrepreneurs to manage their delivery businesses and provide critical delivery services to regional communities.

“It was a pleasure bringing our experience in advising emerging tech companies to assist GoShare in obtaining this funding, which will enhance its product development and geographic expansion plans,” said Patrick Anding, the DLA Piper partner who led the firm’s deal team.

In addition to Anding (Los Angeles), the DLA Piper team representing GoShare included Arnold MacEbong (Los Angeles).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers in the US who provide strategic counsel to emerging companies in high-growth industries, including healthcare, insurance, biotech, fintech, manufacturing, communications, security, software and semiconductors. Over the last three years, DLA Piper has completed more than 2,100 financings totaling over US$31 billion.

DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.