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What they do'One-click' checkout platform that brings together millions of shoppers with hundreds of brands for an easier, more secure shopping experience
Once a shopper has registered on the Bolt platform, his/her information is securely saved, which allows for future online purchases to be made from any Bolt retail partner.
Leading retailers on the platform include:
Investment ThesisProven ability to deliver higher sales conversion rates & reduced fraud
What they do
'One-click' checkout platform that brings together millions of shoppers with hundreds of brands for an easier, more secure shopping experience
Once a shopper has registered on the Bolt platform, his/her information is securely saved, which allows for future online purchases to be made from any Bolt retail partner.
Leading retailers on the platform include:
- Revolve
- Fanatics
- Lids
- Casper Sleep Inc.
- Kids Warehouse
- Lucky Brand
- Forever 21
Key Partnerships in place with:
- Adobe
- BigCommerce
- SAP Store (Bolt is an endorsed app)
- Authentic Brands Group (ABG)
Investment Thesis
Proven ability to deliver higher sales conversion rates & reduced fraud
- 75% check-out rate - no more guest check-outs / reduced 'cart abandonment'
- 96% of Bolt Retailers have benefited from cross-network purchases
- 82% of registered shoppers prefer the 'One-Click' checkout
- Bolt's platform has been specifically designed to:
- better detect payment fraud
- identify high-risk transactions
- reduce the number of false positives
Business is at an inflection point for growth
- Over 10 million registered shoppers on the platform
- Growth capital will be used to:
- increase the number of retailers & customers on the platform
- introduce innovative features (check-out ability from any page; check-out links)