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Bolt Technology OÜ

Transportation Networks

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Bolt is a versatile mobility super-app offering integrated transport solutions. Services include ride-hailing, food and grocery delivery, micromobility options like scooters, and car sharing, all aimed at enhancing urban mobility. Bolt supports this with a robust platform designed for drivers, couriers, and businesses, facilitating a smooth logistical operation. As a leading provider in Europe, Bolt is dedicated to transforming urban spaces into more sustainable, efficient, and user-focused environments.

Founded: 2013

Bolt Website

Bolt Company Overview

Founded as the first European super-app for mobility, Bolt has expanded its offerings to cater to over 150 million customers across 45 countries on 5 continents. The platform facilitates more than just ride-hailing; it includes options for shared cars, scooters, and a quick delivery service for food and groceries. This breadth of services makes Bolt a central figure in urban transportation. The company employs over 3.1 million drivers and couriers, who benefit from a flexible work schedule and weekly earnings, enhancing their ability to earn based on personal availability. For businesses, Bolt offers significant advantages by broadening customer reach and handling logistics, thereby boosting sales and efficiency. The app is designed with features varying by country but generally provides a one-stop solution for multiple transportation needs. Bolt's commitment to sustainability is evident in its efforts to reduce urban congestion and emissions through shared transport solutions. By leveraging real-time data and industry insights, Bolt collaborates with local authorities to promote more connected and livable cities. Their innovative approach to urban mobility emphasizes safety, convenience, and environmental responsibility, aiming to replace private car usage with more sustainable alternatives.

Management Team

Markus Villig CEO, Co-founder
Johan Bergqvist CFO
Rain Johanson CTO
Oliver Leisalu Co-founder, Chief Architect
Martin Villig Co-founder, VP of Sustainability

Funding Information

News

Bolt Plans to Commence Food Delivery Service in Kenya

Bolt is planning to launch its food delivery business in Kenya, Africa's largest food delivery market in Africa to boost post-Covid-19 sales.

European Uber rival Bolt valued at $1.9 billion as it plans for post-coronavirus recovery

Bolt said it raised 100 million euros from Naya Capital, lifting the ride-hailing app's valuation to 1.7 billion euros.

Bolt launches Business Delivery service

Bolt has launched a brand-new product, Bolt Business Delivery! Offering fast, affordable and easy B2C delivery.

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business – TechCrunch

Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in the world of on-demand transportation.

Uber rival Bolt set to join the race to get to the top of Dublin's taxi app market

BOLT, THE ESTONIAN ride-hailing company, is drawing up plans to launch its taxi app services in Dublin.

Bolt launches Pets animal transportation service | KyivPost - Ukraine's Global Voice

Bolt taxi service (formerly Taxify) launches a new service for animal transportation.

European Uber rival Bolt says it's seeing signs of profitability in most markets

The company is now profitable — or close to being profitable — in two thirds of its markets, Markus Villig said in an interview Monday.

Bolt Bikes launches e-bike subscription platform for gig delivery workers in US, UK

Bolt Bikes, the Sydney, Australia-based startup founded in 2017, is taking to the U.S. and U.K. its electric bike platform designed for gig economy delivery workers.

Uber rival Bolt launches food delivery service in Europe

Bolt is entering an already-crowded field of competitors in the European food delivery market.

Uber rival Bolt has closed about $67M in funding at a $1B+ valuation

Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space.