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Bolt Labs - About the company

Bolt Labs is a series A company based in United States, founded in 2018 by J Akinyele and Colleen Swanson. It operates as an Online platform offering anonymous payment channels. Bolt Labs has raised $10.5M in funding from Forte and Dekrypt Capital. The company has 12 active competitors, including 1 that is funded. Its top competitors include companies like Elegro, Jibrel and UPCX.

Company Details

Online platform offering anonymous payment channels. Offers channels for Zcash, Bitcoin, Ethereum and other digital currencies. It enables payment channels that hold funds in escrow until one or more parties are ready to cash out. Payments within these channels are off-chain and unlimited, and users remain anonymous. Leverages zero-knowledge proofs technology to facilitate anonymous & private transactions.
Social
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Email ID
*****@boltlabs.io
Key Metrics
Founded Year
2018
Location
Stage
Series A
Total Funding
$10.5M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
4 as on May 31, 2026
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Bolt Labs's funding and investors

Bolt Labs has raised a total funding of $10.5M over 2 rounds. Its first funding round was on May 01, 2019. Its latest funding round was a Series A round on May 02, 2022 for $*****. 1 investor participated in its latest round. Bolt Labs has 9 institutional investors.

Here is the list of recent funding rounds of Bolt Labs:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 02, 2022
1942502
Series A
7458629
9249384
9068569
6097374
May 01, 2019
7126388
Seed
5306055
1316818
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Bolt Labs' founders and board of directors

Founder? Claim Profile
The founders of Bolt Labs are J Akinyele and Colleen Swanson.
Here are the details of Bolt Labs' key team members:

Bolt Labs' employee count trend

Bolt Labs has 4 employees as of May 26. Here is Bolt Labs's employee count trend over the years:
Employee count trend for Bolt Labs
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Bolt Labs's Competitors and alternates

Top competitors of Bolt Labs include Elegro, Jibrel and UPCX. Here is the list of Top 10 competitors of Bolt Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bolt Labs
Bolt Labs
2018, United States, Series A
Online platform offering anonymous payment channels
$10.5M
42/100
2nd
Logo for Elegro
Elegro
2018, Tallinn (Estonia), Unfunded
Blockchain-based fintech and banking management platform
-
-
38/100
3rd
Logo for Jibrel
Jibrel
2017, Zug (Switzerland), Funding Raised
Tokenizing real-world assets
-
31/100
4th
Logo for UPCX
UPCX
2023, Singapore, Funding Raised
Open-source smart-contract enabled decentralized payment network
-
-
20/100
5th
Logo for TCC Coin
TCC Coin
San Jose (United States), Unfunded
Developer of a decentralised blockchain platform for advertising and marketing
-
-
16/100
6th
Logo for Tachibtc
Tachibtc
Unfunded
Developer of infrastructure for executing smart contracts on native Bitcoin
-
-
16/100
7th
Logo for Bitcos Pro
Bitcos Pro
Unfunded
Developer of decentralized finance utility tokens on blockchain network infrastructure
-
-
16/100
8th
Logo for Ironrev
Ironrev
2005, San Francisco (United States), Unfunded
Developer of blockchain protocols for automated revenue sharing and transactions
-
-
16/100
9th
Logo for MAMRE
MAMRE
Mexico, Unfunded
Developer of blockchain solutions, smart contracts, and frontend user interfaces
-
-
16/100
10th
Logo for Sunpig
Sunpig
2025, Funding Raised
Developer of a blockchain contract for digital asset transactions
-
-
16/100
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Bolt Labs's Investments and acquisitions

Bolt Labs has made no investments or acquisitions yet.

Reports related to Bolt Labs

Here is the latest report on Bolt Labs's sector:

News related to Bolt Labs

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FAQs about Bolt Labs

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