Fenwick Represents Bolt in $393 Million Financing

Fenwick represented Bolt, an online checkout experience platform, in its $393 million financing. The round included $333 million in Series D funding and $60 million in follow-on capital.

The financing round included participation from existing investors General Atlantic, Tribe Capital, Activant Capital and Moore Strategic Venture, as well as new investors Untitled Investments, Willoughby Capital and Soma Capital.

Bolt will use the funding to scale its checkout operating system and accelerate the pace of its product innovation, which will include tools that enable one-click checkout for shoppers on any webpage on which they discover content. More information can be obtained from the company’s announcement.

The Fenwick transaction team included corporate partners Michael Brown and Lara Foster and associates Aaron Ginsburg, Shajee Rizvi and Harrison Dilday.