Bolttech 180M Series

Fund Raised$180M                    
InvestorActivant Capital Group  
Co-Founder/CEORob Schimek
Valuation Approx. $1B+ 

bolttech 180M 1B LeeReuters

Insurtech company, bolt tech raised $180 million led by Activant Capital Group in a series A fundraising round. The round was held on a $1 Billion valuation co-participated by Tony Fadell, Alpha Leonis Partners, and Riley Venture Capital.

CEO Rob Schimek said that bolt tech offers a complete solution for digital capabilities for power distribution between customers, distributors, and insurers. Moreover, bolt tech raised funds for the R&D of our software so they accelerated growth.

Also, read Indian INDmoney 75M Series

Bolt tech offers insurance that transacts $5 billion, providing a safe gateway. Also, they have built a platform that serves 7.7 million customers across the globe.

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