How Much Did The BOLT Raise?
Funding & Key Investors

The BOLT has successfully secured a significant infusion of capital, bringing its total funding to $12K. This latest round, which provided $12K in moderate growth capital, underscores the firm's commitment to expanding its footprint within the Sacramento hospitality sector. By maintaining a consistent operational model that prioritizes accessibility and community engagement, the organization has positioned itself as a resilient player in the regional nightlife economy.

What is The BOLT?

The BOLT
HospitalityRestaurant Reservations

The BOLT operates as a specialized venue within the Sacramento market, distinguishing itself as a premier leather-cowboy-bear bar tailored to the LGBTQ+ community. Unlike many competitors in the nightlife space, the company maintains a no-cover entry policy, a strategic decision that fosters high foot traffic and deepens brand loyalty among its core demographic. With daily operations spanning from 2:00 PM to 2:00 AM, the establishment serves as a vital social hub, balancing inclusive atmosphere design with a sustainable business model that has proven effective in the competitive bar and entertainment industry.

How much funding has The BOLT raised?

The BOLT has raised a total of $12K across 1 funding round:

2021

Debt

$12K

Debt (2021): $12K with participation from PPP

Key Investors in The BOLT

PPP

Public-Private Partnership

What's next for The BOLT?

With the recent injection of $12K, The BOLT is well-positioned to transition into its next phase of development. The current Series A/B growth stage suggests a focus on operational scaling and potential facility enhancements to further solidify its market dominance. Future strategic initiatives will likely involve optimizing the guest experience and leveraging its unique brand identity to capture a larger share of the regional market. As the company continues to navigate the complexities of the hospitality landscape, this financial backing provides the necessary runway to explore new revenue streams while maintaining the inclusive, community-centric values that define its brand.

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Frequently Asked Questions Regarding The BOLT Financial Insights

What are the most recent funding rounds that The BOLT has completed, and what were the funding rounds?
The BOLT has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding The BOLT has raised to date?
The BOLT has raised a total of $12K in funding to date.
How many funding rounds has The BOLT completed?
The BOLT has completed 1 funding rounds.
How much funding did The BOLT raise in its most recent funding round?
The BOLT raised $12K in its most recent funding round.
Who are the lead investors in The BOLT's latest funding round?
The lead investor in The BOLT's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in The BOLT's history?
The largest funding round in The BOLT's history was $12K.
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