Bolt Financial
FinTech
Founded: 2014
Last Round Valuation: $11B
Bolt Financial provides a seamless checkout solution through an API, designed for verified customers. To improve conversion rates, Bolt offers customized checkout experiences for both large and medium-sized businesses. The company was established in 2014 by Ryan Breslow and Eric Feldman, with its main office located in San Francisco, California.
Bolt Financial Overview:
Bolt Financial is a financial technology company that provides an advanced one-click checkout solution for e-commerce businesses. Founded in 2014 by Ryan Breslow and Eric Feldman, Bolt aims to revolutionize the online shopping experience by optimizing the checkout process and increasing conversion rates for retailers.
At the core of Bolt's offering is its API-based platform, which seamlessly integrates with online stores, enabling a frictionless and secure checkout experience for customers. By implementing Bolt's solution, businesses can reduce cart abandonment rates and improve overall customer satisfaction.
Bolt's checkout process is designed with recognized shoppers in mind, allowing for faster transactions and reducing the need for repetitive data entry. Through advanced fraud detection mechanisms and risk assessment algorithms, Bolt ensures a secure environment for both merchants and customers.
To further enhance conversion rates, Bolt offers native checkout experiences tailored to the specific needs of enterprise and mid-market clients. These customized solutions enable businesses to maintain their brand identity and provide a seamless and consistent user experience throughout the entire purchasing journey.
In terms of financial backing, Bolt has received significant investments from reputable firms. Key investors include BlackRock, Schonfeld, Invus Opportunities, WestCap, General Atlantic, Activant Capital, Tribe Capital, and other notable venture capital firms.
Headquartered in San Francisco, California, Bolt continues to innovate in the e-commerce space, helping businesses optimize their checkout processes and unlock growth opportunities. With its focus on simplicity, security, and conversion optimization, Bolt Financial has positioned itself as a leading provider of advanced checkout solutions in the industry.
Founders:
Ryan Breslow
Eric Feldman
Top Investors:
General Atlantic
Activant Capital
Tribe Capital
WestCap
BlackRock
Schonfeld
Invus Opportunities
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Jan 2022 | Series E | $113.67MM | $751.66MM | $50.11 | $11B | BlackRock, Schonfeld, Invus Opportunities |
Jan 2022 | Series E1 | $197.54MM | $835.53MM | $28.22 | $11B | BlackRock, Schonfeld, Invus Opportunities |
Oct 2021 | Series D | $368.33MM | $637.99MM | $20.19 | $4.5B | Untitled Investments, Willoughby Capital, Soma Capital |
Dec 2020 | Series C2 | $13.33MM | $154.15MM | $4.79 | $1.03B | WestCap, General Atlantic |
Dec 2020 | Series C1 | $115.5MM | $256.32MM | $7.18 | $1.03B | WestCap, General Atlantic |
Jun 2020 | Series C | $50MM | $140.82MM | $3.36 | $475.34MM | WestCap, Activant Capital, Tribe Capital |
Jun 2019 | Series B3 | $29.01MM | $90.82MM | $3.06 | $331.63MM | Tribe Capital, Streamlined Ventures |
Nov 2018 | Series B | $35.88MM | $55.55MM | $2.33 | $228.47MM | Activant Capital, Tribe Capital |
Nov 2018 | Series B1 | $2.61MM | $22.29MM | $1.83 | $228.47MM | Activant Capital, Tribe Capital |
Oct 2016 | Series A1 | $19.67MM | $19.67MM | $0.95 | $98.36MM | Blockchain Capital, Floodgate Fund, Founder.org |
In the News:
Interested in Bolt?
Please fill out the form below and a member of our team will contact you to discuss next steps.