Bolt’s $68 Million Series B Funding

Fenwick & West represented Bolt in the transaction.

Founded in 2014, Bolt is an online checkout startup. It provides the industry’s fastest checkout that is optimized for any device and coupled with a unique approach to fraud detection that approves more good orders.

Activant Capital and Tribe Capital co-led the round, bringing the total amount raised to $90 million.

Bolt will use the capital to significantly scale their engineering team, invest in additional enterprise functionality for large retailers, partner with best in-breed ecommerce tools, shopping carts, and payments platforms, build advanced features, functionality and optimizations around the shopping experience, and expand global functionality.

The Fenwick team was led by corporate partner Michael Brown (Picture) and associates Lara Foster, Alex Petersen and Shajee Rizvi.

Involved fees earner: Michael Brown – Fenwick & West LLP; Lara Foster – Fenwick & West LLP; Alex Petersen – Fenwick & West LLP; Shajee Rizvi – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Bolt;

Author: Ambrogio Visconti