Bolt Raises $709M At An $8.4B Valuation To Expand Its Transportation And Food Delivery Super App
Amount Raised
$709 Million
Round Type
Funding Round
TallinnOtherSoftwareTransportationTravelDescription
Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app of the same name that operates on-demand ride hailing, shared cars and scooters; and restaurant and grocery delivery — has raised €628 million ($709 million at current rates), at a valuation of €7.4 billion ($8.4 billion). It will be using the funds to continue expanding to new geographies and to bring more consumers and partners to its “super app”; and newer business lines, such as its 15-minute grocery delivery option Bolt Market, will be building out ‘dark stores’ in more cities to expand the service beyond the 10 where its active today.
Quick answer
Bolt raised $709 Million in a Funding Round round, dated January 11, 2022. Bolt is based in Tallinn, Harju Maakond, Estonia.
- How much did Bolt raise?
- Bolt raised $709 Million in a Funding Round round on January 11, 2022.
- What does Bolt do?
- As a measure of its growth, in August, when the company announced that previous round, it had 75 million customers.
- Where is Bolt based and how big is it?
- Bolt is based in Tallinn, Harju Maakond, Estonia. Fundz records about 290 employees.
- Who are the decision-makers at Bolt?
- Fundz holds 1 contact at Bolt. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as Bolt that raised within 45 days of this round, from Fundz verified event records.
- CLEAR Secure raised an undisclosed amount (Funding Round) on January 13, 2022.
- Point.me raised $2M (Seed) on February 23, 2022.
- Morai raised $21M (Series B) on February 8, 2022.
- RideNow Group, Inc. raised an undisclosed amount (Funding Round) on February 7, 2022.
- HERE Technologies raised an undisclosed amount (Series B) on January 27, 2022.
- Smartcar raised $24M (Series B) on January 19, 2022.
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
- The decision-makers there, with verified emails
- Who you already know at Bolt, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Bolt. With Fundz connected, it knows.
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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
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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