Bolt is a payments platform offering online checkout technology to retailers.

Bolt solves the complicated technological challenges involved in checkout, fraud detection, and digital wallets making the online checkout process fast, safe, and easy on any device.

Bolt was founded in 2014 by Eric Feldman and Ryan Breslow. The company is headquartered in San Francisco, California, with an office in Salt Lake City, Utah. 

 

The Bolt network allows any shopper with a registered account to benefit from One-Click checkout across any Bolt merchant site, regardless of whether the shopper has purchased from that merchant before, resulting in a conversion rate that is 50% higher than guest checkout.

 

Bolt also has the ability to cover 100% of fraudulent chargebacks, highlighting the confidence level in its fraud detection technology.

 

Bolt partners with hundreds of retailers, with thousands more coming on-line, and has just crossed the milestone of 10 million registered shoppers. Customers include BadgleyMischka.com, Cariloha, Dita, Hyperice, PuppySpot and POLYWOOD.

 

Bolt is backed by General Atlantic, WestCap, Tribe Capital, Activant Capital, Moore Strategic Venture, Untitled Investments, Willoughby Capital, Soma Capital, and others. The company raised $393M in new financing on Oct 12, 2021, which includes a $333M Series D and $60m in follow-on capital capital. This brings Bolt's total funding to $608M to date. The latest round valued the company at $6B post-money.

 

 

  • Year founded: 2014
  • Funding Info: $608M over 6 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $6B as of Oct 12, 2021
  • City/Town: San Francisco
  • State: California
  • Country: United States
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