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Jean Wars: Millennials vs. Gen Z - The Washington Post

Jean Wars: Millennials vs. Gen Z - The Washington Post
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Bolt Raises $75M, Reinforcing its Position as the Best and Fastest Way to Checkout Online


Posted Dec 21, 2020
Bolt, the fastest, easiest, and most secure checkout platform, is announcing $75M in new funding, for a total of $215M raised to-date. This latest round is co-led by General Atlantic and WestCap, two leading growth equity firms, with participation from existing investors Activant Capital and Tribe Capital. Angel investors in Bolt include founders and retail executives at Allbirds, Athleta, Crocs, Jet.com, and REVOLVE, as well as technology executives from Venmo, PayPal, and Magento. 
Bolt processed over $1B in retail transactions this year, experienced a 10x increase in the size of its Bolt One Click shopper network, and is adding more than 250,000 shoppers every month. Bolt One Click is fueling this growth by exponentially increasing the number of fast checkouts among shoppers. Shoppers with an account are 60% more likely to complete a purchase when visiting a retail site that leverages Bolt.   ....

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