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Bolt offers a product that provides 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, Stripe, AfterPay, and Braintree with more coming this year
Fremont, CA: Bolt, a San Francisco, CA-based leading checkout experience platform, raised $50 million in Series C round of financing.
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The company has raised total funding to nearly $140m to date. The funding round was led by Laurence Tosi at WestCap, with active participation from existing investors Activant Capital, Glynn Capital, Tribe Capital, and Human Capital, alongside new investments from a collection of current and former executives and board members from Venmo, Magento, Lyft, PayPal, Tommy Hilfiger, Tesla, and Lululemon.
The company intends to use the newly raised capital to expand operations and its business reach.
Led by Ryan Breslow, CEO and Co-founder, Bolt offers a product that provides 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, Stripe, AfterPay, and Braintree with more coming this year. Customers include BadgleyMischka.com, Dita, Cariloha, PuppySpotHyperice, and POLYWOOD.
“We’re in the midst of an ecommerce revolution, which presents us with a now-or-never opportunity to redefine how people buy things online. At Bolt, our mission is to democratize commerce by giving all businesses the tools they need to succeed, and checkout in particular is where retailers lose more customers than anywhere else in the ecommerce funnel. That’s why we’ve designed Bolt to handle all the components of checkout so that retailers can convert customers, grow their business, and be competitive against goliaths like Amazon, said Ryan Breslow, CEO and Co-founder of Bolt.
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