Online checkout firm Bolt valued at $11b after raising $355m from BlackRock

Stockphoto via MBT

Online checkout platform Bolt raised $355 million in a late-stage funding round led by fund manager BlackRock Inc at a valuation of $11 billion, according to people familiar with the matter.

Other investors who participated in the series E funding round include Schonfeld, Invus Opportunities, H.I.G. Growth and CE Innovation Capital, along with existing investors Activant Capital and Moore Strategic Ventures.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter