Bolt closes €600M funding round

Aug 2, 2021

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We’re very happy to announce that we’ve closed a €600M funding round, increasing Bolt’s valuation to more than €4B. The funds will be used to boost our new grocery delivery service, Bolt Market, and accelerate our expansion of existing mobility and delivery products.

The funds were raised from a range of investors including Sequoia, Tekne, and Ghisallo, G Squared, D1 Capital, and Naya.

75 million customers globally

If there’s one word that best describes our past year, it’s hypergrowth.

In addition to our core ride-hailing product, we now offer a car-sharing service, Bolt Drive, and scooter and e-bike sharing. Our delivery services include Bolt Food, which enables customers to order meals from restaurants, and the most recent addition to Bolt’s ecosystem is a grocery delivery service, Bolt Market.

Bolt Market will be launched in 10 European countries over the next few months, including the Baltics and Central Europe, Sweden, Portugal, Croatia, and Romania.

Affordable and sustainable mobility

“Bolt’s mission is to make urban travel affordable and sustainable. We are building a future where people are not forced to buy cars that cause traffic and pollution, but use on-demand transport when they need it.” 

“After seven years of relentless execution, Bolt’s mobility and delivery products offer a better alternative to almost every use case a car serves. I’m thrilled to bring these products to millions of customers around Europe and Africa, taking the emphasis off cars and giving cities back to the people.”

Markus Villig, CEO at Bolt

Join the ride!

If you want to join us on our journey, download the Bolt app and get going!

Or if you’re feeling inspired and wish to raise the bar for urban mobility and delivery in 2021 and beyond, now is the perfect time! Check out our Careers page — we’re hiring!

download the bolt app

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