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New Deal


Announced

Completed

Sequoia Capital and Fidelity Management led a $709m funding round in Bolt.

Financials

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Transaction Value£521m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

software development

technology services

Estonia

Friendly

Acquisition

Private Equity

Minority

Completed

Venture Capital

Cross Border

Private

Synopsis

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Investment firms Sequoia Capital and Fidelity Management led a $709m funding round in Bolt, an Estonian mobility company. Additional investors include Whale Rock, Owl Rock, D1, G Squared, Tekne and Ghisallo. “We’ve developed products that offer better and more affordable alternatives for almost every purpose a private car serves. We’re committed to working with cities to help people make the switch towards shared mobility options like ride-hailing and light vehicles to transform urban areas into sustainable, people-friendly spaces,” Markus Villig, Bolt Founder and CEO.

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