How Much Did Bolt Raise?
Funding & Key Investors

Bolt, the Tallinn-based mobility giant, has successfully secured a significant capital injection, bringing its total funding to $2.1B. This latest major strategic investment of $709M underscores the company's robust trajectory within the competitive global ride-sharing and logistics landscape. By consistently attracting high-caliber institutional backing, Bolt continues to solidify its market position as a primary challenger in the urban transportation sector.

The company's financial journey, which began with modest seed backing in 2014, has evolved into a series of sophisticated financing rounds. This progression reflects a deliberate strategy to scale operations across diverse international markets, moving from a localized ride-hailing service to a comprehensive multi-modal platform encompassing food delivery and electric vehicle infrastructure.

What is Bolt?

Bolt
TransportationRail, Bus & TaxiMobile App Development

Founded in 2013, Bolt operates as a multifaceted mobility platform that integrates ride-hailing, micro-mobility solutions, and food delivery services. Headquartered in Estonia, the firm has effectively leveraged its mobile-first architecture to disrupt traditional transportation models. By prioritizing operational efficiency and user-centric design, Bolt has established a formidable presence in Europe and beyond, positioning itself as a critical player in the global push toward sustainable and on-demand urban mobility.

How much funding has Bolt raised?

Bolt has raised a total of $2.1B across 10 funding rounds:

2014

Angel/Seed

$1.7M

2018

Unspecified

$175M

2019

Series C

$67M

Series B

$68M

2020

Multiple Rounds

$377.3M

2021

Unspecified

$713M

2022

Unspecified

$709M

Angel/Seed (2014): $1.7M with participation from TMT Investments, Rubylight Technology Ltd, and Adcash

Unspecified (2018): $175M, investors not publicly disclosed

Series C (2019): $67M supported by Naya Capital, Creandum, Superangel, Invenfin, G Squared, and Nordic Ninja

Series B (2019): $68M featuring Tribe Capital Growth Corp I and Activant Capital Group

Debt (2020): $55.7M backed by European Investment Bank

Series A (2020): $30M, investors not publicly disclosed

Debt (2020): $109M led by Naya Capital Management UK Limited

Other Financing Round (2020): $182.6M supported by Darsana Capital Partners and D1 Capital Partners

Unspecified (2021): $713M featuring Sequoia and Tekne and Ghisallo

Unspecified (2022): $709M backed by Whale Rock, Tekne Capital Management, Fidelity Management Services, Owl Rock Capital, D1 Capital Partners, G Squared, Sequoia Capital, and Ghisallo

Key Investors in Bolt

G Squared

G Squared is a global venture capital investment firm focused on providing growth-stage technology companies with flexible capital solutions through primary and secondary investments.

Creandum

Creandum is a leading European venture capital firm, supporting some of the most successful European technology companies such as Spotify, Klarna, and Bolt.

Activant Capital Group

Activant is a research-led growth firm that invests in relentless founders, focusing on innovative solutions across various industries including enterprise workflow automation.

What's next for Bolt?

With the infusion of $709M, Bolt is well-positioned to accelerate its expansion into new geographic territories and deepen its investment in proprietary technology. The company's focus is expected to shift toward enhancing its logistics network and refining its multi-service ecosystem to drive long-term profitability. As the firm matures, the strategic deployment of this capital will likely center on scaling its electric scooter fleet and optimizing its food delivery infrastructure to maintain its competitive edge against global incumbents.

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Frequently Asked Questions Regarding Bolt Financial Insights

What are the most recent funding rounds that Bolt has completed, and what were the funding rounds?
Bolt has recently completed 3 funding rounds: Unspecified on Jan 10, 2022, Unspecified on Aug 2, 2021, Other Financing Round on Dec 16, 2020.
What is the total amount of funding Bolt has raised to date?
Bolt has raised a total of $2.1B in funding to date.
How many funding rounds has Bolt completed?
Bolt has completed 3 funding rounds.
How much funding did Bolt raise in its most recent funding round?
Bolt raised $709M in its most recent funding round.
Who are the lead investors in Bolt's latest funding round?
The lead investor in Bolt's latest funding round was Whale Rock. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Bolt's history?
The largest funding round in Bolt's history was $713M.
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