Bolt revenue 2014-2023

Bolt, a mobility company from Estonia, reported a revenue of 1.7 billion euros in 2023, an increase of 37 percent from the previous year. The figure constantly expanded over the observed period. Bolt was founded and is headed by Markus Villig.

A European rival to Uber and Lyft

Similarly to Uber, Bolt operates in both the shared mobility and food delivery segments. Even though the revenue of Bolt remains significantly below Uber's, which was close to 44 billion U.S. dollars in 2024, Bolt has been expanding its services and presence in numerous countries. Having entered the U.S. and Canadian markets with its Hopp app, Bolt has also become a competitor to Lyft, whose revenue exceeded four billion U.S. dollars in 2023.

Bolt's valuation

In 2018, Bolt became a unicorn company, meaning that its valuation reached one billion U.S. dollars. As of 2023, with a valuation of 8.4 billion U.S. dollars, Bolt was the highest-valued micromobility unicorn startup worldwide, followed by G7 from China and Tier Mobility from Germany.