In September 2021, Bolt Financial raised a $288M Series D round at $20.19 per share, valuing the company at $3.6B.
On January 25, 2022, Bolt raised a $259M Series E round at $50.11 PPS, raising its valuation to $9.2B
By Mid-2022, share prices slid over 50% in the secondary markets to $27.50 after Bolt is sued by one of its biggest clients
In Early 2024, Bolt is rumored to be buying back shares from its investors at a 97% markdown to its Series D price
In March 2024, Bolt was marked down 87.6% to $3.40 following consecutive drops in 409a valuations, as evidenced by Employee Plan Exemption Notices (EPENs)