Fundz

Bolt Financial, Inc. reported raising $288 Million in an initial SEC Form D filing, from an offering of $333 Million

Oct 08, 2021$288.3M of $333.3M raised

Amount Raised

$288 Million

$288 Million sold, per SEC Form D (first sale Oct 8, 2021)

Round Type

Venture

TallinnOtherSoftwareTransportationTravel

Who to call at Bolt, and when

A new round usually means Bolt is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bolt raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Bolt

Location

268 Bush Street #4214

Tallinn, Harju Maakond, Estonia

About

As a measure of its growth, in August, when the company announced that previous round, it had 75 million customers. Bolt now has more than 100 million customers in 45 countries and 400+ cities using its services. Bolt was founded eight years ago in Tallinn, Estonia (originally as Taxify), with a mission to bring ride hailing to emerging markets and countries where others like Uber had yet to gain a strong foothold, a strategy that it used to expand modestly across regions like Central and Eastern Europe and Africa, in the process attracting investors like China’s Didi — itself having built a massive business in its own home emerging market. (Didi quietly divested its stake in Bolt last year.)Over time, the focus has remained on Europe and Africa, but Bolt found that a lot of its learnings from those first launches could just as easily be applied in more developed countries, with more lucrative payoffs. “We started off in Eastern Europe and Africa because those markets had a bigger need.

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Fundz sees it the moment Bolt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contacts17 people are listed at Bolt. We don't have their email yet.See plans and pricing
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ML-powered predictions for Bolt's next move

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Bolt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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