How Bolt is riding its way to decacorn status (INFOGRAPHIC)
The mobility company operates in over 500 cities in more than 50 countries worldwide.
Bolt, the European tech unicorn, is rapidly accelerating towards decacorn status.
Currently valued at over $8 billion, after raising €628 million euros in January 2022, its largest funding to date, led by Sequoia Capital and Fidelity Management, the mobility company as hit €2 million euros ($2.1 billion USD) in annual revenue in 2024, with an IPO target for 2025.
By offering a suite of mobility services including ride-hailing, food delivery, and micromobility, the Uber-rival, which operates in over 500 cities in more than 50 countries in Europe, Africa, Western Asia and Latin America has indeed captured a significant market share across Europe and Africa.
Key to its success is its innovative approach, competitive pricing, and strategic expansion into new markets. As it continues to scale operations, secure substantial funding rounds, and enhance its user experience, Bolt is poised to become one of Europe's most valuable tech companies.
This Techloy infographic shows the company's key numbers and highlights its efforts towards decacorn status.
