Bolt Technology OÜ
Transportation Networks
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
Markus Villig CEO, Co-founder |
Johan Bergqvist CFO |
Rain Johanson CTO |
Oliver Leisalu Co-founder, Chief Architect |
Martin Villig Co-founder, VP of Sustainability |
Nov 14 (Reuters) - Estonian ride-hailing and food delivery startup Bolt said on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue, as the European rival of U.S.-based Uber opens new tab grows its global presence and prepares to go public.
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.
Bolt said it raised 100 million euros from Naya Capital, lifting the ride-hailing app's valuation to 1.7 billion euros.
Bolt has launched a brand-new product, Bolt Business Delivery! Offering fast, affordable and easy B2C delivery.
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.
BOLT, THE ESTONIAN ride-hailing company, is drawing up plans to launch its taxi app services in Dublin.
Bolt taxi service (formerly Taxify) launches a new service for animal transportation.
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, 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.
Bolt is entering an already-crowded field of competitors in the European food delivery market.
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.