Bolt Mobility, a Miami, Florida-based company dedicated to innovating transportation by providing safe and sustainable solutions, closed a Series A funding round bringing total investment to $30m at a $100m valuation.
The round was led by Rokk3r Fuel ExO.
The company intends to use the funds to both scale and bring its transport solutions globally.
Founded in 2018 and led by CEO Julia Steyn, Bolt Mobility provides personal e-scooters at strategic locations in urban areas that allow for point-to-point travel. The company’s technology is used by cities seeking to alleviate traffic congestion, helping municipalities transition infrastructure to a greener, more-efficient model. Bolt’s approach to working with cities is focused on partnership, inclusivity, and equity. They currently have permits to operate its e-scooters in multiple cities across the US & internationally. Bolt Mobility also announces Ed Welburn, former Vice President of General Motors Global Design, has joined the company as an Advisor.