Nov 14, 11:20 AM

Bolt Achieves €2B Annual Revenue, Plans €10M ARR in 2025 IPO Amid $8B Valuation

Estonian ride-hailing and food delivery startup Bolt has achieved significant growth, reaching €2 billion in annual revenue. The company, which was founded just 18 months ago, has ambitious plans to increase its revenue to €10 million in the next 18 months, €100 million within two years, and ultimately €2 billion in the following years. Despite its current valuation of over $8 billion, Bolt faced rejection from every European venture capital firm during its early stages. The company is also preparing for a potential IPO in 2025, marking a significant milestone in its rapid expansion.

#Estonian #Bolt #European

Written with ChatGPT (GPT-4o mini).

Sources

News24 🇿🇦@News24
2 years ago
Business brief | UK's Assura to get a secondary JSE listing; Bolt hits €2bn in revenue https://t.co/lyVyjccLR4
Reuters@Reuters
2 years ago
Uber rival Bolt's annual revenue hits 2 billion euros https://t.co/S55P3654UO https://t.co/VsWRHlQuTr
Techmeme@Techmeme
2 years ago
Estonian ride-hailing and food delivery startup Bolt says it hit €2B in annual revenue and plans a 2025 IPO; Bolt had an $8B+ valuation in January 2022 (@alessandrop360 / Reuters) https://t.co/ROSqR2zswD 📫 Subscribe: https://t.co/OyWeKSQRTe https://t.co/CSbk0R9TTd

Additional media

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