USA – Bolt, a San Francisco, CA-based checkout experience platform, raised $50m in Series C funding.
The round, which brings the company’s total funding to nearly $140m, was led by Laurence Tosi at WestCap, with participation from existing investors Activant Capital, Tribe Capital, Glynn Capital, and Human Capital, alongside new investments from a collection of current and former executives and board members from Magento, Venmo, PayPal, Lyft, Tommy Hilfiger, Tesla, and Lululemon. The company intends to use the funds to expand operations and its business reach. Led by Ryan Breslow, CEO and Co-founder, Bolt provides a product that offers a checkout experience frontend, along with all the full stack of features and integrations that checkout touches. It integrates with ecommerce tools, shopping carts, and payments processors including BigCommerce, Magento, WooCommerce, Salesforce Commerce Cloud, PayPal, Apple Pay, AfterPay, Stripe, and Braintree with more coming this year. Customers include BadgleyMischka.com, Cariloha, Dita, Hyperice, PuppySpot and POLYWOOD. 16/07/2020
