GoodGood Secures $6.5 Million in Funding for Toronto Expansion


TORONTO — GoodGood, a Toronto-based commerce company that brings local coffee, specialty beverages and snacks to customers via instant delivery and retail, has secured $6.5 million in funding from Golden Ventures, BKCM, Tet Ventures, Maple VC, as well as Farhan Thawar, vice-president of Engineering at Shopify and Chris Rickett, co-founder of Digital Main Street.

Founded by Robert Kim and Kris Linney, GoodGood has opened its pop-up café in the King West neighbourhood, with plans to open a series of café and wine bars in early 2022. Canadian makers and artisans include: City Seltzer, Honey’s Ice Cream, Mid-Day Squares, Heartbeat Hot Sauce, Smart Sweets and more.

“We want to bring these innovative products that makers have poured their heart and soul into directly to local neighbourhoods that otherwise might never have heard of them,” says Robert Kim, co-founder and CEO of GoodGood. “Torontonians shouldn’t have to resort to Amazon or scouring multiple locations across the city to get great products. Canada, and more locally, Toronto, has a huge amount of entrepreneurs making incredible items, and we can’t wait to showcase them.”

“Globally, we’ve seen the concept of localized quick commerce and instant delivery take off,” says Ameet Shah, general partner, Golden Ventures. “Rob and Kris are, without question, the best team to bring this concept to Canada. They have a demonstrated passion for local commerce, and are on a mission to bring a truly curated retail experience to Toronto.”

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