Bolt - About the company
Bolt is a series F company based in Tallinn (Estonia), founded in 2013 by Markus Villig, Martin Villig, Martin Willing 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 931 active competitors, including 27 funded and 34 that have exited. Its top competitors include companies like Zomato, Swiggy and Grab.
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/
- Social
- 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 OPERATIONS OÜ CIN: 825149422 , Norway, Active | Jul 24, 2018 | - | - | |
Bolt Technology OÜ CIN: 12417834 , Estonia, Active | $2.16B (As on Dec 31, 2024) | 513 (As on Sep 30, 2024) | ||
Bolt Services EE OÜ CIN: 14339972 , Estonia, Active | Sep 25, 2017 | $14.4M (As on Dec 31, 2023) | - | |
Bolt Services LV CIN: 40203175392 , Latvia, Active | Oct 16, 2018 | $27.3M (As on Dec 31, 2024) | 104 (As on Dec 31, 2022) | - |
Bolt Operations OÜ CIN: 14532901 , Estonia, Active | Jul 24, 2018 | $1.05B (As on Dec 31, 2023) | 808 (As on Sep 30, 2024) | |
Bolt Store EE OÜ CIN: 16240752 , Estonia, Active | May 27, 2021 | $12.6M (As on Dec 31, 2023) | - | |
BOLT SERVICES HR D.O.O. CIN: 74038800776 , Croatia, Active | Dec 02, 2018 | $4.78M (As on Dec 31, 2022) | - |
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Bolt's funding and investors
Bolt has raised a total funding of $1.98B over 14 rounds. Its latest funding round was a Conventional Debt round on May 03, 2024 for $236M. 8 investors participated in its latest round. Bolt has 111 institutional investors and 21 angel investors.
Here is the list of recent funding rounds of Bolt:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 03, 2024 | $236M | Conventional Debt | - | - | - | |
Jan 10, 2022 | $711M | Series F | $8.38B | 11.7x | ||
Aug 02, 2021 | $714M | Series E | $4.75B | 8.4x |
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Bolt's founders and board of directors
Founder? Claim ProfileThe founders of Bolt are Markus Villig, Martin Villig, Martin Willing 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 12 startups and serve on the board of 1 company.Contact Info: 1 email address
- Martin Villig: Co-Founder & Chairman of Bolt and founder of 2 other companies, Heateo Sihtasutus and Zero Media. They are also an angel investor in 15 startups.Contact Info: 1 email address
- Martin Willing Villig: Co-Founder of Bolt and founder of 3 other companies, Kood Tech, Estonian Founders Society and Heateo Sihtasutus.
- 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 2m | |
Independent board member | - | Current | 4y 8m |
View details of Bolt's Founder profiles and Board Members
Bolt's employee count trend
Bolt has 15,076 employees as of Mar 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 Zomato, Swiggy and Grab. 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 | Provider of online food ordering, delivery, and restaurant discovery platform and application | $1.66B | 89/100 | ||
2nd | Operator of an online platform for ordering food and groceries | $3.62B | 89/100 | ||
3rd | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
4th |  Deliveroo 2013, London (United Kingdom), Acquired | Platform offering food and grocery delivery services | $2.95B | 86/100 | |
5th | Operator of an online platform for on-demand delivery services | $1.16B | 86/100 | ||
6th |  Grubhub 2004, Chicago (United States), Acquired | Online platform offering food ordering and delivery services | $284M | 86/100 | |
7th | Online food ordering and delivery platform | $318M | 84/100 | ||
8th | Delivery Hero 2010, Berlin (Germany), Public | Platform offering food ordering and delivery services | $1.8B | 82/100 | |
9th | Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services | $1.98B | 82/100 | ||
10th | Operator of a platform facilitating delivery of food and other items | $860M | 82/100 |
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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
Filter this listMedia has covered Bolt for a total of 29 events in the last 1 year, 13 of them have been about company updates and 12 about partnerships.
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Solidgate Partners with Bolt to Support Payment ProcessingGlobeNewswire•Apr 15, 2026•SolidGate, Bolt
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Bolt awards GHS 50,000 grants to women entrepreneurs through “She Moves to Win” campaignBusiness and Financial Times•Apr 10, 2026•Bolt
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Bolt Faces Backlash in Kenya Over Earnings Claims & Driver Welfare ConcernsTechMoran•Mar 19, 2026•Bolt
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DTC integrates 1,823 National taxis onto Bolt platformGulf Business•Feb 19, 2026•Dubai Taxi Corporation, Bolt
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MAX & Bolt Partner to Boost Electric Mobility & Vehicle Ownership in GhanaBusiness and Financial Times•Dec 19, 2025•Bolt, MaxMobility
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Stellantis, agreement with Bolt for the development of autonomous driving on commercial vehiclesla Repubblica•Dec 09, 2025•Bolt.new, Stellantis, Bolt
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Bolt partners with Pony.ai for driverless cars in EuropeThe Star Online•Nov 25, 2025•Bolt, Pony.ai, Bolt.new, Stellantis
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El Corte Inglés partners with Bolt Food, offering rapid delivery in Portugal; more retailers to join Bolt platformRetail Technology Innovation Hub•Oct 14, 2025•Bolt, El Corte Inglés group
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