The One Click Network Effect and Bolt’s C1 Round with General Atlantic

We’re excited to announce the close of our $75M Series C1 round lead by Westcap and General Atlantic.

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Fraud Protection

Payments

Accounts

Stay protected against fraud while approving more good orders.

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Fraud prevention should fuel your growth, not impede it. Using a multilayered approach of machine learning, rules, and manual review from our in-house risk team, Bolt ensures that fraud never impacts your business. With a 99% order approval rate and 100% fraud chargeback guarantee, you never have to worry about the cost of fraud again.

Bolt came along, and really took the risk out of the equation. We’re not rejecting good orders any more, we are rejecting the bad ones, and it’s saving us a ton of time.”

Sarah Kim

Director of Ecommerce, Akira

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I was like, ‘you actually indemnify us against fraud? Wait no.’ I didn’t believe it. I had to look into it further because I had never found anything like that.”

Heather Lott

CFO, MonsterGardens

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All of the touchpoints of having a fast, simple checkout and not having to sit there for hours on end looking at manual reviews...I think it has been an absolute game changer for tylerstx.com”

Justin Dermit,

Director of eCommerce & Marketing, TYLER’S

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Approve more orders

Over 200 real-time behavioral signals are analyzed for each transaction—resulting in 4x more data than leading fraud solutions. These invaluable customer insights enrich our supervised machine learning models to approve the bulk of transactions instantly. However, we don’t just stop looking for approvals there. Bolt uses Dynamic Verification to request authorization from shoppers based on an order’s specific risk level to drive additional order approvals. Lastly, our Expert Review Team closely reviews orders that need a layer of qualitative research before approving even more orders.

Prioritize your customers

Declining fraudulent orders is critical to any fraud solution, but never at the expense of a great customer experience. Ensuring your good customers don’t experience false positives, or false declines, is just as crucial. We know that even one false decline can turn away a good customer for life, which is why we’ve designed a suite of features that specifically target this problem. Understand why orders were declined and send declined orders back to Bolt for a second review to turn rejections into approvals and significantly improve the customer experience.

Do you know the hidden cost of fraud for your business? Use the calculator to find out today

Fuel operational efficiency

Offload time consuming fraud reviews to Bolt and trust that orders will be approved for shipment within seconds, 365 days a year. Bolt scales with your business to ensure that orders reach fulfillment faster any week of the year. Our fraud solution works with your business—taking on the heavy-lifting of fraud detection or equipping you with tools like Rejected Order Insights, explanations to fraud scores, so your team can focus on more meaningful tasks like customer requests or order fulfillment.

Never worry about fraud again

At Bolt, we’re so confident in our ability to stop fraud that we will cover 100% of the cost associated with any fraudulent chargebacks that do occur. With automated reimbursements and indemnification protection, you’re able to confidently fulfill more orders without worrying about any potential losses or liability.Looking to reduce chargebacks? Get our eBook