Bolt Raises $355 Million In Series E Funding Round

Bolt
Image Credits: Google

Checkout Technology platform, Bolt, announced $355 Million of Funding from their recent Series-E round with a valuation of $11 billion.

This investment comes right after three months of Bolt’s series D funding round sizeable of $393 million. This makes the total funding to date around $1 billion. 

Ryan Breslow, Founder & CEO, said the company’s valuation almost doubled as what it was in series D. "Our company operates in space with competitors making hundreds of billions of dollars," he said.

Purpose of the Fund         

"It may sound like Bolt has raised a lot of money but this is capital for us to be competitive. We want to be better compared to competitors but don’t want to be on par. The capital will help us bring the best t...

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