Bolt
OperatingMobility and delivery platform connecting riders, drivers and merchants. Founded by Martin Villig and Markus Villig.
- Transportation
- Kenya
- Expansion
- Funding Round
- bolt.eu ↗
- Total raised
- $711M
- disclosed
- Last round
- $711M
- Funding Round · Jan 2022
- Rounds
- 1
- Investors
- 2
- listed
About Bolt
Bolt is an international technology venture offering ride-hailing and delivery services, including Bolt Food. Its global headquarters are in Estonia, while its substantial African operations include Kenya and South Africa. In September 2026, the company reported more than eight million riders and income opportunities for over 170,000 drivers and couriers since entering Kenya in 2016. In October 2026, TechMoran reported that Bolt marked a 10-year milestone in South Africa, where it is expanding its electric ride-hailing category to Johannesburg with BYD and partners. Bolt Food is a service of Bolt, not a separate startup.
Bolt funding1 round
Bolt has raised $711M across 1 round. The latest is a $711M Funding Round announced 11 Jan 2022, led by Sequoia Capital.
Who has invested in Bolt
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 11 Jan 2022 | Bolt Funding Round11 Jan 2022 Led by Sequoia Capital +1 | $711M |
Bolt founders & team
- Martin VilligCo-Founder
- Markus VilligFounder & CEO
Showing 2 team members. A free account shows up to 4 team members; Pro shows all of them. Create free account
Bolt competitorsshared sectors
Compare all →More Transportation startups in Kenya
- Riderentals
Car rental platform in Kenya for self-drive hire, corporate travel and vehicle owners listing cars to earn. · Kenya
- Otto Rentals
Otto Rentals is reimagining mobility to connect people to rental fleets. · Kenya
- Trans Boda Limited
Trans Boda Limited is an electric motorcycle company at the forefront of the transition into sustainable transportation in Kenya. · Kenya
- Data Integrated Limited
Data Integrated Limited (DIL) is a Kenyan mobility startup that helps bus operators and matatu cooperatives run bus management systems. · Kenya
- CABI
Ride-hailing platform in Kenya for passengers, drivers and organisations. · Kenya
- Lypisher
Car rental marketplace in Kenya with instant booking of verified cars from hosts and dealers, plus corporate fleet service. · Kenya
Frequently asked about Bolt
- Where is Bolt based?
- Bolt is headquartered in Kenya.
- Who founded Bolt?
- Founders listed for Bolt include Martin Villig (Co-Founder) and Markus Villig (Founder & CEO).
- Who is the CEO of Bolt?
- Markus Villig is Bolt's Founder & CEO.
- How much funding has Bolt raised?
- Bolt has raised $711M across 1 funding round. Its latest, a $711M Funding Round, was announced on 11 Jan 2022.
- Who has invested in Bolt?
- Backers include Sequoia Capital and Fidelity Management and Research Company.
- What sector is Bolt in?
- Bolt operates in Transportation.
- Who are Bolt's competitors?
- Companies working in the same market as Bolt include Grindrod, Swvl, Spiro and Glovo.
