Bolt
Fintech (checkout/payments)USA
βοΈ Markdown
PeakΒ $11 BillionToday
~-97%
from peak
- π¦Became a unicorn2021
- πPeak valuation$11 Billion β22
- πBecame a Unitard~2024
- πΈLast valuation~$330M
Current status
~$300M implied (secondary/buyback 2024)
How it happened
Bolt is a U.S. fintech offering one-click checkout and payments technology for online merchants, peaking at a ~$11B valuation in 2022. Slowing growth, leadership turmoil, and investor disputes eroded its standing. Secondary-market transactions and a 2024 share buyback implied a valuation of only around $300M, roughly 97% below peak. (Distinct from the Estonian ride-hailing firm Bolt.)
Source: Wikipedia/Crunchbase; distinct from Estonian Bolt