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San Francisco California based Bolt is raising $393,000,000.00 in New Equity Investment.

San Francisco California based Bolt is raising $393,000,000.00 in New Equity Investment.

October 27, 2021 Craig Etkin

San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Bolt is raising $393,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ryan Breslow played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Bolt
Retailers use Bolts lightning-fast, one-click checkout to convert, retain, and delight more shoppers. Developer of a checkout experience platform designed to drive e-commerce businesses with newfound revenue. The companys platform offers shoppers to breeze through the checkout with a one-click experience that gets higher conversions without the use of passwords, usernames or having to use personal or payment data again, enabling e-commerce businesses to convert, retain, and delight more shoppers. Our team has grown nearly 200% year-over-year, and well continue to recruit top talent with a specific focus on scaling our product and engineering organizations. By living out our Conscious Culture on a daily basis, were setting the example of what it means to bridge humanity with execution to deliver 20X the impact. This new chapter is a significant step forward for Bolt and a paradigm shift for commerce.

To learn more about Bolt, visit http://www.bolt.com/

Contact:
Ryan Breslow, Chief Executive Officer
415-226-9630
https://www.linkedin.com/in/ryantakesoff/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
7360, Bolt, California, San Francisco, Venture Capital

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