Bolt Raises $711 million Growth Round

Bolt raised $711M in Growth Round financing led by Various, with participation from Sequoia, Various. European ride-hailing and micro-mobility superapp. The new capital is framed around Launch Bolt Market grocery delivery and expand across Africa.

What it does

European ride-hailing and micro-mobility superapp. The business sits in Enterprise Software & SaaS, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

100M+ customers across 45 countries; AI ETA accuracy 95%. Management framed the new capital around Launch Bolt Market grocery delivery and expand across Africa.

Trend impact

Ride-hailing competing with Uber and Lyft across Europe and Africa. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• April 1, 2021 · Growth Round · $711 million · Sequoia, Various
• January 1, 2022 · Series E · $393 million · Black Rock, alongside BlackRock, Various

Products & services

• Enterprise Software & SaaS workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for enterprise software & saas teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round