Who are the lead investors in the bolt funding round?

Lead investors in this round are funds & accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Growth, and CE Innovation Capital. This new raise brings Bolt's total funding to nearly $1 billion.

Who invested in bolt?

Founders Fund, an investment firm run by Peter Thiel, a co-founder of PayPal and Palantir Technologies, put money into Bolt. Marco Bello/Getty Images The story of Bolt’s swift ascent and its current troubles echoes a familiar Silicon Valley narrative.

Does bolt have a business strategy?

Bolt’s business tactics raised questions from at least one big potential investor. As part of its due diligence, Tiger Global, a fund known for investing in hundreds of young start-ups, had talked to clients that Bolt said it had signed on.

How much did bolt raise?

, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to , bringing the financing to a total of $125 million. WestCap and General Atlantic led the new tranche, which Bolt CEO told TechCrunch was raised at around twice its Series C valuation.