202215 Jan

Bolt Raises $355M in Series E Funding


Bolt, a San Francisco, CA-based checkout and shopper network company, secured $355m in the first part of its Series E funding. Lead investors in this round are funds & accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Led by Ryan Breslow, founder and CEO, Bolt strengthens retailers’ relationships with their customers by enabling secure, logged-in, lightning-fast checkouts. The company, which has offices in New York City, Salt Lake City, Seattle, Toronto, Stockholm, Wrocław, and Barcelona, launched new products like SSO Commerce™, which redefines customer logins and unites store accounts with Bolt accounts; expanded into Europe; added new customers like Benefit Cosmetics and launched new strategic partnerships with Adobe Commerce and PrestaShop; and acquired Sweden-based Tipser, a startup that enables shopping on any digital surface. In 2021, Bolt also launched a number of forward-thinking workplace experiences that are helping reshape the industry.

Source: Finsmes


May 27 2022