Browse recent press releases and media coverage.
Bolt raises $68 million to simplify ecommerce
[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.
This CEO dropped out of Stanford to help companies take on Amazon
[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.
The race to become the next PayPal or Square heats up
[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.
Bolt raises $68M for the “perfect” online checkout
[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.
Checkout Startup Bolt Raises $68 Million to Help Smaller Retailers Take On Amazon
[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.
Ecommerce checkout platform Bolt raises $68 million in funding
[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.