Bolt

About

Bolt (formerly Taxify) is a leading European mobility platform offering ride-hailing, scooter and bike sharing, food delivery, and car-sharing services across Europe, Africa, and other markets with a focus on affordable, sustainable transportation. Founded in 2013 in Tallinn, Estonia, with over $2 billion in funding and 5,000+ employees, Bolt has grown to serve over 100 million customers across 45+ countries and 500+ cities. The company differentiates itself through lower commission rates for drivers (typically 15% versus competitors' 20-25%), enabling more competitive pricing for riders while providing better earnings for drivers. Bolt's ride-hailing service offers multiple options from economy to business class, with particular strength in European and African markets where it competes effectively against Uber. The platform's micro-mobility services include electric scooters and bikes deployed across European cities, providing sustainable last-mile transportation options. Bolt Food has expanded into food delivery in multiple European markets, leveraging the existing driver network and platform infrastructure. Bolt Drive offers car-sharing services allowing users to rent vehicles by the hour or day from convenient locations. The company emphasizes sustainability with commitments to electric and zero-emission vehicles, carbon-neutral delivery, and green mobility options. Bolt's driver-focused approach includes transparent earnings, flexible schedules, and lower commission rates that have helped build loyalty and competitive supply. The platform's rapid expansion has been fueled by aggressive market entry strategies, localized operations, and efficient capital deployment. With a strong position in Eastern Europe, Scandinavia, and Africa, Bolt represents a significant European mobility alternative to U.S.-based platforms, demonstrating that regional players can compete effectively through differentiated business models and local market understanding.