Bolt has secured its place among Europe’s elite, ranking 9th on Sifted’s list of the continent’s most valuable startups and scale-ups with a €7.4B valuation.
Across Europe, billion-dollar tech companies are becoming increasingly common, with more than 150 startups already reaching unicorn status. While the pace of new unicorns has slowed since the boom years of 2021–2022, the continent is still building a strong pool of valuable tech businesses. Estonia contributes far beyond its size: with just 1.3M people, the country has created 10 unicorns, ranking first in Europe per capita.
Bolt, often seen as a major competitor to Uber, has grown into a full-scale mobility platform. It offers ride-hailing, food delivery, e-bikes, and e-scooters in 45 countries worldwide, and in Tallinn even experiments with autonomous robot deliveries.
The company reached its current valuation after a €628M Series F round in 2022, and just recently added a €220M credit facility to prepare for a potential IPO. If market conditions stay favorable, we could soon see Estonia’s flagship startup go public.
Check the full list from here.