How Bolt Technology CEO Markus Villig grew to $4.5B revenue and 50M customers in 2025.
Bolt Technology OU is an Estonian-based transportation platform. Bolt offers a range of ride-hailing, micromobility, and food delivery services in over 45 countries across Europe, Africa, and other parts of the world. The company was founded in 2013 by Markus Villig and has since become one of the fastest-growing transportation companies in the world, with over 75 million customers and more than 2 million drivers using the platform. Bolt's mission is to make urban transportation more affordable, convenient, and sustainable through the use of technology.
Last updated
Bolt Technology Revenue
In 2025, Bolt Technology's revenue reached $4.5B. The company previously reported $2B in 2024. Since its launch in 2013, Bolt Technology has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Bolt Technology Hit $4.5b revenue in November 2025 | Estimated |
| 2024 | Bolt Technology Hit $2b revenue in November 2024 | reuters.com |
| 2023 | Bolt Technology Hit $1.7b revenue in June 2023 | |
| 2019 | Bolt Technology Hit $176.4m revenue in July 2019 | |
| 2013 | Launched with $0 revenue |
Bolt Technology Valuation, Funding Rounds
Bolt Technology reached a $8.4B valuation in 2022, set during its Venture Round round.
Bolt Technology has raised $1.6B in total funding across 6 rounds, most recently a $628M Venture Round round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Venture Round | $628M | $8.4B | 7% | cnbc.com |
| 2021 | Series E | $600M | - | - | tech.eu |
| 2020 | Venture Round | $150M | - | - | cnbc.com |
| 2020 | Venture Round | $50M | - | - | techcrunch.com |
| 2018 | Series A | $175M | - | - | en.wikipedia.org |
| 2013 | Seed Round | $1M | - | - | en.wikipedia.org |
Founders
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Bolt Technology serves 50M customers.
Bolt Technology Employees & Team Size
Bolt Technology employs approximately 14.2K people as of 2026, up from 11.1K in 2024. It serves 50M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 14.2K employees (November 2025) | |
| 2024 | Reached 11.1K employees (October 2024) | |
| 2023 | Reached 9.2K employees (December 2023) | |
| 2022 | Reached 7.3K employees (December 2022) | |
| 2021 | Reached 5.1K employees (December 2021) | |
| 2021 | Reached 2.3K employees (March 2021) | |
| 2019 | Reached 1.4K employees (July 2019) |
Frequently Asked Questions about Bolt Technology
What is Bolt Technology's revenue?
Bolt Technology generates an estimated $4.5B in annual revenue.
Who is the CEO of Bolt Technology?
The CEO of Bolt Technology is Markus Villig.
How much funding does Bolt Technology have?
Bolt Technology raised $1.6B across 6 rounds.
How many employees does Bolt Technology have?
Bolt Technology has 14.2K employees.
Where is Bolt Technology headquarters?
Bolt Technology is headquartered in Tallinn, Estonia.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Databricks
Databricks is a cloud-based data engineering, data science, and machine learning platform that provides tools for managing and processing large-scale data. The platform offers features such as data integration, automated data engineering, and collaborative notebook-based development, enabling businesses to streamline their data processing workflows and accelerate their time-to-insights. With Databricks, businesses can leverage machine learning and artificial intelligence to drive business outcomes and make data-driven decisions. The platform also offers integrations with popular data sources and visualization tools, enabling businesses to gain insights from their data and create custom reports and dashboards.
Canva
Canva Pty Ltd is the company that owns canva.com. It is a privately-held graphic design and visual communication platform based in Sydney, Australia, that provides a wide range of design tools and templates for creating various types of content such as presentations, social media graphics, posters, and more. The company was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams and has since grown to over 50 million users across 190 countries. Canva has raised over $500 million in funding from investors including Blackbird Ventures, Sequoia Capital, and General Catalyst. Canva is used by individuals, small businesses, and large organizations alike to create professional-looking designs quickly and easily.
Judi Health
Judi Health is a health technology company providing a comprehensive suite of solutions for employers and health plans, including pharmacy benefit management solutions.
Xiaohongshu
Xiaohongshu is a lifestyle platform that allows users to share shopping experiences through text, images, and videos. It operates in the social media and e-commerce sectors.
REEF Technology
REEF transforms urban real estate such as parking facilities into thriving mobility and logistical hubs. It is an ecosystem of digital solutions that brings goods, services, and experiences from around the world to your block.
Anthropic
We're an AI research company that builds reliable, interpretable, and steerable AI systems. Our first product is Claude, an AI assistant for tasks at any scale. Our research interests span multiple areas including natural language, human feedback, scaling laws, reinforcement learning, code generation, and interpretability.
