Bolt is headquartered in Tallinn, Estonia and operates in over 150 cities in 35 countries in Europe, Africa, Western Asia and North America. [20], In September 2019, Bolt announced its "Green Plan", an initiative to reduce the ecological footprint of the transportation industry and Bolt as a company.

This page was last edited on 22 October 2020, at 20:25. [17] The company also said it planned to release scooters in several other European and Australian cities where the app was already established, but would also launch in new markets where vehicle for hire services face significant regulatory roadblocks, including Germany and Spain. [21], In March 2020, Bolt was ranked third in the FT 1000: Europe's Fastest Growing Companies 2020 published by the Financial Times. Bolt has a zero-tolerance policy against alcohol and drug use. [3] [4][5][6][7][8][9], Bolt (then called Taxify) was founded by Markus Villig (then only 19 years old, a high-school student) in 2013, with a vision to aggregate all Tallinn and Riga taxis into one platform. The Green Plan goals include offsetting Bolt's contribution to the CO₂ emissions of the European transportation sector by at least 5 million tonnes by 2025 and adding more green ride-types for passengers to choose from. Bolt is headquartered in Tallinn, Estonia and operates in over 150 cities in 35 countries[2] in Europe, Africa, Western Asia and North America. [34][35], Bolt has stressed the importance of customer safety. [22], Prior to announcing a strategic partnership with Didi Chuxing, Taxify had raised over €2 million in investment capital from Estonian and Finnish angel investors. [19], In August 2019, the company rolled out its food delivery service, Bolt Food. Expanded into electric scooters in September 2018. After the ride is completed both driver and the rider can rate each other. All Bolt rides in Europe are 100% carbon-neutral. [23] In August 2017, Didi Chuxing invested an undisclosed amount believed to be an "eight-figure U.S. dollar sum". was established in 2018 and has an office in Madrid. [25], In January 2020, the European Investment Bank (EIB) signed a EUR 50 million venture debt facility with Bolt. [36] In Nigeria, Bolt has included an SOS button for drivers that sends real time emergency alerts to the Lagos State Emergency Response Agency. As of 2020, Boult Wade Tennant has 7 offices in 3 countries across Europe. [33] The customer requests a ride and confirms their pick-up location. Reached 10 million customers in May 2018. The financing, supported by the European Fund for Strategic Investments (EFSI), is to boost Bolt's product development in areas where technology can improve the safety, reliability and sustainability of its services. This includes investment in existing services such as vehicle for hire and food delivery, as well as the development of new products. [37] In London, an in-app SOS button links riders and drivers with the emergency services.[38]. [15][16], In September 2018, the company announced expanding into dockless electric scooters and launched them in Paris under the new Bolt brand. It may require cleanup to comply with Wikipedia's, "Bolt's 2018 revenue grew fourfold, losses totaled €61 million", "European Uber rival Bolt says it's seeing signs of profitability in most markets", "Taxify rebrands as Bolt to expand its transport options beyond private cars", "New Ride-Hailing App Taxify to Launch in Egypt and Compete with Uber, Careem, and Ousta", "Estonian taxi-hailing app Taxify expands to Baku, Malta", "Estonia's Taxify expands ride-hailing platform to Paris", "Taxify aims for 10-fold Africa growth, to overtake Uber in Europe", "How Bolt bounced back from a spectacular public London failure", "Taxi startup forces countries to change Transport Law by offering new business model | EU-Startups", "Taxify launches in London, acquiring a cab firm to scale and discounting prices – TechCrunch", "Uber-Rival Taxify Suspended in London Amid License Investigation", "Uber rival Taxify plots London comeback", "After London setback, Taxify trails Uber into Paris market", "Uber rival Taxify launches in Lisbon as London wait continues", "The scooter war explodes in Europe as Taxify brings dockless scooters to Paris", "Uber's European rival Bolt launches in London", "Uber rival Bolt launches food delivery service in Europe", "Bolt launches environmental impact fund in UK", "FT 1000: the fourth annual list of Europe's fastest-growing companies", "The Estonian taxibooking app Taxify raises $100K", "China's Didi invests in Taxify, an Uber rival operating in Europe and Africa", "Uber's European Rival Taxify Wins Unicorn Status Raising Funds", "European Investment Bank backs Uber rival Bolt with €50m", "Taxify steadily gaining ground in Africa as Uber falls victim of its pricing – TechMoran", "Taxify Beats Uber In Africa | PYMNTS.com", "Taxify Rides Motorbikes to Lead Over Uber in Africa", "Ride-hailing app Taxify to launch electric scooters in Paris", "Estonian Taxify first in the world to launch mobile billing for cabs – ArcticStartup", "We used Taxify in Lagos and this is how it went | TechCabal", "Ride hailing services: how safe are you? Riders must choose a payment method: cash, credit card or mobile carrier billing before they can use the service. BOULT LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Became the #2 travel app in South Africa, and #1 travel app in Kenya and Nigeria in 2017. The company has 30 million customers globally and more than 1 million drivers use Bolt platform to offer rides. Drivers are also required to be at least 21 years old and have had a driver's license for at least 3 years. The application is available for Android, iOS, Windows Phone and AppGallery for Huawei phones. | IOL", "Taxify introduces SOS button for real time alerts to Lagos State Emergency Response Agency", "Uber's new London rival has one huge advantage: it's much cheaper", https://en.wikipedia.org/w/index.php?title=Bolt_(company)&oldid=984907911, Wikipedia articles with undisclosed paid content from June 2020, Creative Commons Attribution-ShareAlike License, 35 countries in Europe, Africa, Middle East and North America, Became the first transportation app in the world to allow customers to pay for their trips via.

[14], Following the setback in London, Taxify launched its services in Paris and Lisbon. Bolt offers vehicle for hire, micromobility, and food delivery services.

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