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Bolt Newsroom

Browse recent press releases and media coverage.

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Authentic Brands Group Partners with Bolt to Power Forever 21’s Online Checkout Experience

In the News

[Retail Dive] Bolt, the world’s first leading Checkout Experience Platform, today announced a strategic partnership with Authentic Brands Group (ABG), one of the largest brand owners in the United States that generates more than $14 billion in annual retail sales. ABG’s massive global portfolio includes Lucky Brand, Brooks Brothers, Aéropostale, Juicy Couture, Nautica, and Sports Illustrated. Through the partnership, Bolt’s seamless checkout, payments, and fraud protection technology will be available to ABG’s global ecommerce network, starting with Forever 21’s website and app.

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Authentic Brands Group Partners with Bolt to Power Forever 21’s Online Checkout Experience

Press Release

[Press Release] Bolt, the world’s first leading Checkout Experience Platform, today announced a strategic partnership with Authentic Brands Group (ABG), one of the largest brand owners in the United States that generates more than $14 billion in annual retail sales. ABG’s massive global portfolio includes Lucky Brand, Brooks Brothers, Aéropostale, Juicy Couture, Nautica, and Sports Illustrated. Through the partnership, Bolt’s seamless checkout, payments, and fraud protection technology will be available to ABG’s global ecommerce network, starting with Forever 21’s website and app.

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Bolt’s Checkout Experience Platform Named BigCommerce Elite Partner

Press Release

[Press Release] Bolt, the world’s first Checkout Experience Platform, today announced it has been named a BigCommerce Elite Technology Partner, providing more than 60,000 BigCommerce customers access to one holistic platform to easily manage and improve checkout, payments, and fraud protection. BigCommerce customers can integrate Bolt’s technology through the BigCommerce App Marketplace. Since 2018, Bolt has provided its checkout solution to over 80 enterprise BigCommerce customer stores, helping these businesses increase lifetime value through single-click return checkout, faster guest checkout, better approval rates, reduced fraud, and improved overall customer satisfaction scores.

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Bolt Raises $50M Series C and Creates First Checkout Experience Platform

Press Release

[Press Release] Bolt, the world’s first checkout experience platform, today announces a $50 million Series C round, led by Laurence Tosi at WestCap, who notably scaled Airbnb’s payments platform to span 181 countries and served as CFO at Blackstone for seven years. He joins existing investors Activant Capital; Tribe Capital; Glynn Capital; and Human Capital, alongside new investments from a collection of current and former executives and board members* from Magento, Venmo, PayPal, Lyft, Tommy Hilfiger, Tesla, and Lululemon. This new raise brings the company’s total funding to just shy of $140 million, and with it, Bolt unveils the world’s first checkout experience platform to give retailers and consumers more choice, control, and flexibility over their transactions.

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Software Dominates Deloitte’s 2020 Tech Fast 500 With 71% Of All Companies

In the News

[Forbes] 353 of the 500 fastest-growing companies in North America are in the software industry according to Deloitte’s 2020 Tech Fast 500, the most ever in the history of their rankings and a 3% increase over last year. Notable software companies ranked in Deloitte’s 2020 Tech Fast 500 include Bolt, Illumio, LogicMonitor and Seeq. Retailers need e-commerce software to drive sales online. Bolt’s success with its Checkout Experience Platform and it now being the platform of choice for Authentic Brands Group’s Forever 21 e-commerce relaunch are a case in point.

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Forever 21 Updates Digital Checkout, Outlines Subscription Program

In the News

[Digital] Authentic Brands Group, the parent company of Forever 21, has partnered with Bolt for a new online checkout experience. Bolt will offer single-click online checkout for Forever 21 customers, as well as the opportunity to save their information across ABG’s other e-commerce platforms. ABG and Bolt will also introduce a subscription-based program that features exclusive perks and rewards in Q1 2021. ABG plans to expand the partnership to its other brands, which include Lucky Brand, Brooks Brothers, Aéropostale, Juicy Couture, and Nautica.

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2020 Technology Fast 500 winners — Bolt Ranked #22 Overall

Awards and Culture
In the News

[Deloite] For the past 26 years, Deloitte has been honoring the most innovative public and private technology companies that hail from cities across North America.  The ranking is compiled based on submitted applications and public company database research, with winners selected based on percentage fiscal-year growth over a three-year period. Bolt was ranked #22 overall, #3 in the Bay Area and #1 in Fintech!

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How single-click checkout is underpinning Authentic Brands’ revamped retail strategy

In the News

[Glossy] The new checkout experience, the product of a partnership with fintech startup Bolt, will be rolled out on Forever 21’s e-commerce site this week. It will eventually make its way to all of ABG’s brands, and act as a foundation for a cross-brand loyalty program that will launch in the future, Adam Kronengold, ABG’s chief digital officer, told Glossy. “Solving an issue like checkout and payment is first on our list, in terms of our digital transformation,” he said. “It’s a massive opportunity for us to increase convenience for the customer and drive affinity and conversion across our portfolio of brands.”

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Forever 21 streamlines, safens online checkout

In the News

[Chain Store Age] Authentic Brands Group (ABG), parent company of the fast-fashion retailer, is partnering with the Bolt checkout experience platform. ABG will begin implementing Bolt’s seamless checkout, payments, and fraud protection technology on the Forever 21 e-commerce site and app, with plans to expand it to other banners in its portfolio including Lucky Brand, Brooks Brothers, Aéropostale, Juicy Couture, and Nautica. In addition to single-click checkout, online customers at Forever 21 will also be able to save their information once and use it across all of ABG’s branded e-commerce platforms; as well as have a more accurate checkout experience with speeds up to twice as fast across all devices.

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Optimizing The Online Checkout Experience: The Next E-Commerce Frontier

In the News

[Forbes] Bolt’s one-click checkout functionality will be made available to ABG’s global network, beginning with fashion retailer Forever 21. ABG acquired Forever 21 earlier this year with the goal of positioning the retailer for sustainable growth. As part of this effort, the company is focusing on building out the brand’s e-commerce abilities and experience to align with modern online shopping preferences. A pillar of these efforts includes enabling a single-click checkout experience that’s optimized for any device.

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Bolt’s Machine Learning Checkout Platform Will Make Forever 21 More Competitive Online

In the News

[Forbes] Authentic Brands Group, the most extensive portfolio brand group in the United States that generates more than $14B in annual retail sales, announced today they are standardizing on Bolt’s Checkout Experience Platform. Through the collaboration, Bolt’s modern checkout, payments and fraud technology will be made available to ABG’s global e-commerce network, including well-known retailers such as Aeropostale, Brooks Brothers, Forever 21, Juicy Couture, Lucky Jeans, Nautica and Volcom. Having started with Forever 21 in late October, Bolt provides a hyper-optimized, dynamic, single-click checkout that will transform the retailer’s online shopping experience for its millions of customers.”

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Bolt Nominated to "The Wishlist" by VC Guide

Awards and Culture

These are the Deal Breakers, the companies we’d “quit our jobs for” and “leave our 4-year vesting schedules early for”. This is a resource intended to showcase the best startups (nominated by the best founders) to the most ambitious builders as they consider joining the startup world. To make this list, these startups must be: 1) 🚀 High-growth and/or high-momentum 2) ❤️ Highly praised, nominated & voted on by founders 3)🔬 Researched thoroughly by our team

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Bolt Wins Innovative Integration Award from BigCommerce

In the News

“BigCommerce’s partner-first philosophy is not only what differentiates our platform from other industry leaders, it also makes our annual Partner Awards especially meaningful — both for the company and our global ecosystem of world-class partners,” said Russell Klein, chief commercial officer at BigCommerce. “On behalf of BigCommerce employees around the world, I’m proud to congratulate this year’s Partner Awards winners, and we thank them for their ongoing commitment to accelerating our merchants’ growth.”

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CSA Exclusive: Tyler’s cuts fraud, wait time via single-click checkout

In the News

[Chain Store Age] Seeking an online and mobile checkout solution that would save time for staff and provide customers with a safe, secure, and pleasant experience, TYLER’S wound up selecting and implementing the Bolt checkout experience platform… “Bolt really stuck out to us because it addresses checkout and fraud together, meaning we could address our fraud issue while also improving the experience shoppers have at checkout,” said Dermit. “One of the key features for us was how easy Bolt made it for customers to place orders by offering a smooth, fast, mobile-optimized experience that includes a single-click checkout for returning shoppers.”

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New Partnership Makes One-Click Checkout a Reality for BigCommerce’s 60,000 Merchants

In the News

A newly expanded partnership between BigCommerce and checkout platform Bolt is aiming to make easy purchasing processes more accessible. BigCommerce customers will now be able to leverage Bolt’s fraud and checkout products in a fully integrated workflow, accelerating time to market and letting smaller retailers compete on the e-commerce stage. Prior to this announcement, Bolt had been the preferred checkout partner of over 80 of BigCommerce’s enterprise customer stores; now as one of its Elite Technology Partners, Bolt will be made available to the full 60,000 merchants who currently utilize BigCommerce.

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Bolt’s Checkout Experience Platform Named BigCommerce Elite Partner

In the News

Bolt, the world’s first Checkout Experience Platform, today announced it has been named a BigCommerce Elite Technology Partner, providing more than 60,000 BigCommerce customers access to one holistic platform to easily manage and improve checkout, payments, and fraud protection. BigCommerce customers can integrate Bolt’s technology through the BigCommerce App Marketplace. Since 2018, Bolt has provided its checkout solution to over 80 enterprise BigCommerce customer stores, helping these businesses increase lifetime value through single-click return checkout, faster guest checkout, better approval rates, reduced fraud, and improved overall customer satisfaction scores.

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Bolt and Adobe Join Forces to Power Independent Commerce

In the News

Bolt, the world’s first Checkout Experience Platform, today announced that it has joined the Adobe Exchange program as a Premier partner. The Adobe Exchange Premier-level partnership recognizes best-in-class technology solutions that help drive innovation, and Bolt joins as one of 24 Premier technology partners. Bolt will provide Magento Commerce merchants with a hyper-optimized, dynamic checkout experience that scales as they grow, creating a durable and future-proof experience for shoppers during their buying experience.

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Bolt Raises $50M to Expand E-Commerce Checkout Platform

In the News

[Built in SF] San Francisco-based fintech startup Bolt announced it raised $50 million in a Series C funding round on Thursday. Bolt manages the back-end of the checkout process for online retailers in order to provide a more seamless front-end experience for online shoppers. According to the company, over 70 percent of online shoppers abandon their orders prior to checking out. Bolt’s mission is to help solve that problem.

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Bolt Secures $50M in Series C Funding To Unveil Checkout Experience Platform

In the News

[Crunchbase] San Francisco-based Bolt unveiled what Breslow says is the world’s first checkout experience platform, powered by a $50 million Series C round of funding led by WestCap’s Laurence Tosi. Bolt, founded in 2014, gives retailers and consumers more choice, control and flexibility over their transactions by managing the back end of the checkout—presenting payment options, securely processing payments, and mitigating fraud—while providing a seamless front end experience.

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Armed With $50 Million In Fresh Funding, Bolt Helps Retailers Shift To ECommerce

In the News

[Forbes] With eCommerce taking off amid the COVID-19 pandemic, Bolt the checkout technology platform company is raising $50 million in a new round of venture funding. The Series C financing was led by Laurence Tosi at WestCap and included participation from existing investors Activant Capital, Tribe Capital, Glynn Capital, and Human Capital.

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The Fintech 250: The Top Fintech Companies Of 2020

Awards and Culture

[CBInsights] CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. Bolt was selected by CB Insights’ Intelligence Unit from a pool of 16,000 companies, including applicants and nominees.

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Bolt and Adobe Join Forces to Power Independent Commerce

Press Release

[Press Release] Bolt, the world’s first Checkout Experience Platform, today announced that it has joined the Adobe Exchange program as a Premier partner. The Adobe Exchange Premier-level partnership recognizes best-in-class technology solutions that help drive innovation, and Bolt joins as one of 24 Premier technology partners.

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Startup Bolt Looks to Help Retailers Transition To ECommerce

In the News

[cheddar] ECommerce tech startup Bolt raises $50 million in fresh funding. Ryan Breslow, CEO of Bolt, joins Cheddar to talk about the company’s checkout experience platform.

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Bolt is a Certified Great Place to Work (2020)

Awards and Culture

[GeatPlaceToWork] Over 93% of employees at Bolt say it is a great place to work. Learn more about the company culture and benefits of working at Bolt from our profile on Great Place to Work.

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COVID-19 Shut Down Stores: Here’s How Bolt is Helping Retailers Fight Back

Press Release

[Press Release] Bolt, the checkout platform giving Amazon a run for its money, today launches Retailers Give Back- its latest initiative to support retailers negatively impacted by COVID-19. Backed by Bolt’s Retail Coalition, Retailers Give Back highlights the many ways in which retailers are serving their communities by donating their time, money, products, and services to fight the crisis.

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Bolt Launches Index Highlighting the Way Retailers Are Giving Back

In the News

[Daily Mail] As a way to raise consumer awareness for online retailers that are doing their part to give back during the coronavirus pandemic, Bolt has launched Retailers Give Back. Retailers Give Back is a comprehensive index on the web highlighting the ways retailers are contributing to the fight against COVID-19.

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COVID-19 Shut Down Stores: Here's How Bolt is Helping Retailers Fight Back

In the News

[Business Insider]  Bolt launches Retailers Give Back – its latest initiative to support retailers negatively impacted by COVID-19. Backed by Bolt’s Retail Coalition, Retailers Give Back highlights the many ways in which retailers are serving their communities by donating their time, money, products, and services to fight the crisis.

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Bolt Launches Index Highlighting the Way Retailers Are Giving Back

In the News

[Daily Mail] Bolt has launched Retailers Give Back as a way to raise consumer awareness for online retailers that are doing their part to give back during the coronavirus pandemic.

 

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Best Workplaces in the Bay Area for 2020: Bolt

Awards and Culture

[Fortune] We’re excited to share that Fortune included Bolt on their list of Best Workplaces in the Bay Area for 2020. One of our top priorities at Bolt is cultivating a culture of openness and excellence, which is why we’re excited to see our hard work recognized on this year’s list.

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Bolt raises $68 million to simplify ecommerce

In the News

[VentureBeat] Bolt — not to be confused with blockchain startup Bolt Labs, hardware investor Bolt, or the ride-sharing firm formerly known as Taxify — aims to accomplish no less than reinventing the ecommerce payments stack top to bottom. The San Francisco-based company, which was founded in 2014 by Eric Feldman and Ryan Breslow, provides a suite of tools designed to streamline transactions across web platforms. And to gear up for its next stage of growth, it’s raising substantial venture capital.

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This CEO dropped out of Stanford to help companies take on Amazon

In the News

[Business Insider] This CEO dropped out of Stanford, but secretly started his company in his old dorm. Now, he’s raised $90 million to help companies challenge Amazon with better payments technology.

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Bolt is one of Fortune's 50 Best Small Workplaces

Awards and Culture

[Fortune] Today, Bolt was announced as one of Fortune’s 50 Best Small Workplaces for 2020. About us: Bolt is creating a better-than-Amazon checkout experience for any ecommerce business. Uniting checkout, payments, and fraud detection under one hood allows us to maximize performance on each individual piece.

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Bolt is one of Inc.'s "Best Workplaces"

Awards and Culture

[Inc.] Today, Inc. Magazine included Bolt on their selective list of Best Workplaces for 2019. One of our top priorities at Bolt is cultivating a workplace that eliminates politics and fear. Every voice is heard, and decisions are made based on reason and data. We work hard every day to maintain a culture of openness and excellence, which is why we’re excited to see it hasn’t gone unnoticed.

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The Forbes Fintech 50: Bolt

Awards and Culture

[Forbes] Its mobile-ready checkout software for ecommerce sites incorporates sales analysis and fraud prevention, topped by a guarantee to cover any fraud losses. Bolt claims the integrated functions can cut checkout times from more than one minute to 30 seconds.

 

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The race to become the next PayPal or Square heats up

In the News

[Bloomberg] For several years, PayPal, Square, Adyen and Stripe have dominated the lucrative payments market. Now hundreds of upstarts with names like Bolt, Toast and Due are muscling into the market with their own twist on facilitating commerce between merchants and shoppers.

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Bolt raises $68M for the “perfect” online checkout

In the News

[Crunchbase] San Francisco-based Bolt is hoping to fill [the] gap between browsing and buying. After launching in January 2018, the company recently raised a $68 million in a Series B to “perfect the online check out process.” Its total funding is at $90 million. The latest round was led by Activant Capital and Tribe Capital. Executives from Allbirds, REVOLVE, Jet.com, and Bombas also participated in the round.

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Checkout Startup Bolt Raises $68 Million to Help Smaller Retailers Take On Amazon

In the News

[Fortune] Bolt, an online checkout startup that publicly debuted in January of 2018, announced today that it has successfully raised $68 million in new funding, at an undisclosed valuation. The new round is co-led by Activant Capital (Boxed, Forter) and Tribe Capital, and includes personal investments from current and former leaders at retailers including Allbirds, Bombas, and Jet.com. The investments bring Bolt’s total funding to $90 million.

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Ecommerce checkout platform Bolt raises $68 million in funding

In the News

[Forbes] Bolt, the San Francisco-based startup that operates an eCommerce checkout platform in the cloud, raised $68 million in venture funding bringing its total capital raised to date to $90 million. The Series B round of funding was led by Activant Capital and Tribe Capital and included personal investments from current and former retail and brand executives from REVOLVE, Crocs, Forever 21 and Jet.com among others.

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Forbes 30 Under 30: Bolt

Awards and Culture

[Forbes] Bolt cofounders Ryan Breslow and Eric Feldman designed a software that gives small and large businesses a seamless, “Amazon-like” checkout system, with built-in fraud detection. The Stanford dropouts believe that the less fields an online shopper has to fill during checkout, the less likely they will abandon their cart.

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Bolt: An end-to-end payments stack with zero fraud

Press Release

[HackerNews] Bolt gives you full control over false positives: First, we put transactions through several layers to ensure the highest rates of order approvals. If our algorithm is about to reject, it goes through a human review process to ensure we’re approving as much as possible. – If we reject, you have a force approve time window to approve transactions if you disagree with our decision. You have final decision-making.

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Bolt launches an Amazon-like checkout for the rest of retail

Press Release

[TechCrunch] A startup called Bolt wants to give e-commerce retailers a better shot at competing with Amazon. Operating in stealth for a year, the payments platform has grown to 100 online merchants who are now in various phases of roll out with its end-to-end solution for managing customer checkout, payment processing, and fraud detection.

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