Bolt - About the company
Bolt is a series F company based in Tallinn (Estonia), founded in 2013 by Markus Villig, Martin Villig and Oliver Leisalu. It operates as a Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services. Bolt has raised $1.98B in funding from investors like Sequoia Capital, Naya Capital Management UK and Fidelity Investments, with a current valuation of $300M. The company has 956 active competitors, including 27 funded and 36 that have exited. Its top competitors include companies like Swiggy, Grab and Deliveroo.
Sectors and market segments that Bolt operate in
Bolt serves in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech, Food and Agriculture Tech market segments.The primary business model of Bolt are:Company Details
Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services. The company offers options for transportation, food delivery, and grocery services through its application. It provides opportunities for drivers, couriers, and merchants to generate revenue. The company also supports city planning with data insights.
- Website
- bolt.eu/en/
- Email ID
- *****@bolt.eu
- Registered Address
- Vana-Lõuna tn 15
Legal entities associated with Bolt
Bolt is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Bolt Services LV CIN: 40203175392 , Latvia, Active | Oct 16, 2018 | €10M - €50M (As on Dec 31, 2024) | 104 (As on Dec 31, 2022) | - |
BOLT OPERATIONS OÜ CIN: 825149422 , Norway, Active | Jul 24, 2018 | - | - | |
BOLT SERVICES HR D.O.O. CIN: 74038800776 , Croatia, Active | Dec 02, 2018 | $1M - $10M (As on Dec 31, 2022) | - | |
Bolt Store EE OÜ CIN: 16240752 , Estonia, Active | May 27, 2021 | €10M - €50M (As on Dec 31, 2023) | - | |
Bolt Services EE OÜ CIN: 14339972 , Estonia, Active | Sep 25, 2017 | €10M - €50M (As on Dec 31, 2023) | - | |
Bolt Operations OÜ CIN: 14532901 , Estonia, Active | Jul 24, 2018 | €500M - €1B (As on Dec 31, 2023) | 808 (As on Sep 30, 2024) | |
Bolt Technology OÜ CIN: 12417834 , Estonia, Active | €1B+ (As on Dec 31, 2024) | 513 (As on Sep 30, 2024) |
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Bolt's funding and investors
Bolt has raised a total funding of $1.98B over 16 rounds. Bolt has 115 institutional investors and 21 angel investors.
Here is the list of recent funding rounds of Bolt:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 27, 2026 | $22.6M | Conventional Debt | - | - | - | - |
May 2025 | Undisclosed | Series F | - | - | - | |
May 03, 2024 | $236M | Conventional Debt | - | - | - |
View details of Bolt's funding rounds and investors
Bolt's founders and board of directors
Founder? Claim ProfileThe founders of Bolt are Markus Villig, Martin Villig and Oliver Leisalu. Markus Villig is the CEO of Bolt.
Here are the details of Bolt's key team members:
- Markus Villig: Co-Founder & CEO of Bolt and founder of 1 other company. They are also an angel investor in 15 startups and serve on the board of 1 company.Contact Info: 1 email address
- Martin Villig: Co-Founder of Bolt and founder of 3 other companies, Kood Tech, Estonian Founders Society and Heateo Sihtasutus. Contact Info: 1 email address
- Oliver Leisalu: Co-Founder & CTO of Bolt. Contact Info: 1 email address
Bolt's Board of Directors
Bolt's board has 2 active members. Markus Villig is part of team and Ahto Kink is independent board member.Here is the list of Bolt's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 5m | |
Independent board member | - | Current | 4y 11m |
View details of Bolt's Founder profiles and Board Members
Bolt's employee count trend
Bolt has 16,172 employees as of Aug 26. Here is Bolt's employee count trend over the years:
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Bolt's Competitors and alternates
Top competitors of Bolt include Swiggy, Grab and Deliveroo. Here is the list of Top 10 competitors of Bolt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of digital platforms facilitating food and grocery delivery services | $3.62B | 89/100 | ||
2nd | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
3rd | Deliveroo 2013, London (United Kingdom), Acquired | Operator of an online marketplace connecting consumers with local merchants | $2.95B | 86/100 | |
4th | Operator of an online platform for on-demand delivery services | $1.16B | 85/100 | ||
5th | Online food ordering and delivery platform | $318M | 84/100 | ||
6th | Grubhub 2004, Chicago (United States), Acquired | Online platform offering food ordering and delivery services | $284M | 84/100 | |
7th | Delivery Hero 2010, Berlin (Germany), Public | Platform offering food ordering and delivery services | $1.8B | 83/100 | |
8th | inDrive 2012, Mountain View (United States), Series C | App-based platform for booking multiple categories of services | $237M | 81/100 | |
9th | Operator of a platform facilitating delivery of food and other items | $860M | 80/100 | ||
10th | Provider of a platform providing deals, discounts, and rewards across multiple categories | $106M | 80/100 | ||
11th | Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services | $1.98B | 79/100 |
Looking for more details on Bolt's competitors? Click here to see the top ones
Bolt's Investments and acquisitions
Bolt has made 1 investment in FYTO and acquired Viggo.Reports related to Bolt
Here is the latest report on Bolt's sector:
News related to Bolt
Media has covered Bolt for a total of 31 events in the last 1 year, 15 of them have been about company updates and 12 about partnerships.
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Bolt Reaffirms Commitment to Nigeria Amidst Uber's Exit, Signaling Deeper InvestmentBusinessDay•Sep 03, 2026•Bolt
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FAAN Clears Bolt to Resume Airport Operations After Passenger Outcryhallmarknews.com•Aug 27, 2026•Bolt
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Concur adds expense integration with mobility provider BoltBusiness Travel News Europe•Aug 01, 2026•Bolt, Concur
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Bolt Drive will allocate over PLN 150 million for fleet development and services in PolandInwestycje.pl•Jul 27, 2026•Bolt
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Bolt Highlights Gig Economy's Growing Role in Nigeria Amidst Cost-of-Living CrisisBusinessDay•Jul 24, 2026•Bolt
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Bolt and MapUp Partner for Transparent Toll Pricing Across Global MarketsPR Newswire•Jul 23, 2026•Bolt, MapUp
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