Bolt Financial

  • 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)

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