Bolt is a technology company that provides platforms for mobility services such as ride-hailing, electric scooters, e-bikes, food delivery, and car sharing. The company was founded in 2013 in Estonia and has since expanded to operate in over 600 cities worldwide, with a user base of more than 200 million customers. Bolt's mission is to create fast, affordable, and environmentally friendly transportation solutions for both individuals and communities. Through its app, Bolt connects users with drivers and other transport options to simplify urban travel.
Bolt’s platform enables users to book various types of transportation and delivery services through a single app. The service offering includes ride-hailing, rental of electric scooters and cars, as well as food and grocery delivery. Bolt partners with drivers and couriers to provide these services and aims to offer a cost-effective and environmentally friendly alternative to private car ownership.
Bolt’s business model is based on providing a platform that connects users with drivers and couriers. The company generates revenue by charging a commission on each transaction made through the platform. By offering multiple mobility services within one app, Bolt aims to increase user engagement and streamline transportation solutions in urban areas.
Since its inception, Bolt has expanded to over 45 countries and diversified its range of services. The company has completed several funding rounds to support its growth and the development of new offerings. Bolt’s expansion has targeted both established and emerging markets, with a particular focus on delivering locally tailored solutions to meet varying mobility needs.
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