Bolt Mobility
Bolt Mobility is a Miami Beach-based shared micromobility company, founded in 2018, that rents electric two-wheelers via a mobile app to urban commuters across more than 50 cities in the US, India, Latin America, and Japan.
- Company typePrivate
- Founded2018
- HeadquartersMiami Beach, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Bolt Mobility does
Bolt Mobility is a Miami Beach-based electric vehicle venture founded in 2018 that operates shared micromobility services through app-based rentals of electric two-wheelers targeting urban commuters and last-mile transportation needs. The company is co-founded by Olympic sprinter Usain Bolt, alongside co-founders Sarah Haynes, Kamyar Kaviani, and Keith Siilats, and is led by CEO Ignacio Tzoumas with Julia Steyn serving as independent chair. Operations have spanned over 50 cities, with disclosed strategic geographic targets including the US, India, Latin America, and Japan, supported by a self-serve mobile app distribution channel as its primary go-to-market motion.
The company's core product is a fleet of electric scooters and two-wheeled vehicles deployed for shared rental use, paired with proprietary charging infrastructure (chargers and super-chargers designed for small electric two-wheelers) and IoT devices for fleet telematics and management. The technology stack is operational and hardware-centric, with no disclosed AI/ML components, proprietary models, or third-party model integrations. Bolt completed one inorganic expansion, acquiring Gotcha in January 2021, and has partnered with India's Ram Charan Company to supply charging infrastructure and receive strategic investment in March 2022.
Revenue is generated through usage-based rental fees paid by individual consumers via the mobile app, with no enterprise contracts, named anchor customers, or disclosed pricing schedules. The company has raised approximately $41.5M+ across disclosed funding rounds, peaking at a $30M Fuel Venture Capital round in March 2020, with funding cadence decelerating sharply thereafter. Operational status beyond March 2022 is not definitively established in the available data, and subsequent signals point to material contraction rather than expansion.
Bolt Mobility firmographics
Firmographics- Name
- Bolt Mobility
- Website
- https://micromobility.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Bolt Mobility is a Miami Beach-based shared micromobility company, founded in 2018, that rents electric two-wheelers via a mobile app to urban commuters across more than 50 cities in the US, India, Latin America, and Japan.
- Ownership category
- akta.pro rank
Bolt Mobility industry classification
Industry- Product category
- Shared Micromobility Services
- NAICS
- Taxi and Ridesharing Services (48531), Other Transit and Ground Passenger Transportation (48599)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510), Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- Shared Mopeds/Motorbike Share (TLAFAMAH)
- akta.pro secondary industries
- Corporate Micro-Mobility Sharing (E-bikes, Bikes, Scooters) (TLABALAG), Scooter & Moped Rentals (Motorized 2-Wheel) (THADAHAE), Ride-Hailing with Integrated Micromobility (Bikes/Scooters in App) (THADADAK), Shared Mobility Operations & Fleet Services (Charging/Swapping, Rebalancing, Maintenance) (TLAFAMAJ)
Keywords
Where Bolt Mobility is headquartered
LocationHeadquarters
- HQ city
- Miami Beach
- HQ country
- United States
- HQ region
- North America
Markets served
Bolt Mobility business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Personnel
Revenue model
- Electric Scooter/Vehicle Rental: Shared micromobility rental service for electric two-wheelers through app-based platform, generating revenue through usage-based rental fees
Go-to-market motion1 record
Distribution channels1 record
Bolt Mobility product offering
Product offeringCore offering
Bolt Mobility deploys and operates shared electric two-wheelers (scooters and e-bikes) for urban last-mile transportation through a smartphone-based rental platform available in over 50 cities. The company also provides proprietary charging infrastructure, including chargers and super-chargers, and develops IoT devices to support its micromobility fleet operations across the US, India, Latin America, and Japan.
Product overview
Bolt Mobility is an electric vehicle venture co-founded by Usain Bolt that focuses on developing and deploying electric vehicle technologies and IoT devices for micro-mobility solutions. The company operates in the electric two-wheeler segment, with operations spanning multiple regions including the US, India, Latin America, and Japan. The company has markets in over 50 cities.
Differentiator
Problem solved
Functional benefit
Products and services
- Shared Electric Scooter Rental Service App-based rental service for shared electric two-wheelers (scooters) in over 50 cities, enabling individual urban commuters to access on-demand short-distance transportation.
- Charging Infrastructure (Chargers and Super-Chargers) Chargers and super-chargers designed for small electric two-wheelers, supplied through partnership with Ram Charan Company to support fleet operations across US, India, Latin America, and Japan.
Companies that use Bolt Mobility
Customer profileSegments1 record
Ideal customer profiles1 record
Bolt Mobility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Bolt Mobility partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Bolt Mobility competitors and assessment
Company assessmentDirect peers
- Lime: Lime operates one of the largest shared electric scooter and bike fleets globally across multiple continents, directly competing with Bolt Mobility in the shared two-wheeler micromobility category with similar app-based, usage-based pricing.
- Bird: Bird is a leading shared e-scooter operator with global city presence; it competes head-to-head with Bolt Mobility for city permits, riders, and operating talent in shared micromobility.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Bolt Mobility social profiles
Digital presenceBolt Mobility financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bolt Mobility leadership team
Management profileNumber of profiles
Profiles7 records
Bolt Mobility funding detail
Funding detailFunding overview
Funding rounds6 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bolt Mobility M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bolt Mobility
What does Bolt Mobility do?
Bolt Mobility deploys and operates shared electric two-wheelers (scooters and e-bikes) for urban last-mile transportation through a smartphone-based rental platform available in over 50 cities. The company also provides proprietary charging infrastructure, including chargers and super-chargers, and develops IoT devices to support its micromobility fleet operations across the US, India, Latin America, and Japan.
When was Bolt Mobility founded?
Bolt Mobility was founded in 2018. It employs 51 to 100 people.
Where is Bolt Mobility based?
Bolt Mobility is headquartered in Miami Beach, United States, in the North America region.
How does Bolt Mobility make money?
One revenue line is on record: electric Scooter/Vehicle Rental.
Who are Bolt Mobility's main competitors?
Direct peers on record are Lime and Bird.
Does Bolt Mobility have an API?
No public API is recorded for Bolt Mobility.
What industry is Bolt Mobility in?
Bolt Mobility's product category is Shared Micromobility Services. Its primary akta.pro industry code is TLAFAMAH, Shared Mopeds/Motorbike Share, with a secondary code of TLABALAG, Corporate Micro-Mobility Sharing (E-bikes, Bikes, Scooters). Its NAICS code is 48531 and its SIC code is 7510.