Bolt.Works
Bolt.Works is a Finnish staffing and workforce-solutions company operating 21 offices across 19 Finnish cities plus Sweden, serving 1,800+ enterprise and mid-market clients with staff leasing, direct and executive recruitment, international recruitment, and training across seven industries.
- Company typePrivate
- Founded2016
- HeadquartersHelsinki, Finland
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Bolt.Works does
Bolt.Works Oy is a Finnish staffing and workforce-solutions company founded in 2016 and headquartered in Helsinki. The company is a wholly owned operating subsidiary of Bolt Group Oy and is led by CEO Tuomas Vasama (appointed October 2024). It operates 21 offices across 19 Finnish cities, with a stated complement of 140 recruitment professionals and a Sweden presence launched in 2024. Revenue in 2024 was €96.5 million, up 4.3% year-over-year against a Finnish staffing market that contracted approximately 7-8%, implying market-share gains.
The company's product surface spans the full staffing value chain: Henkilöstövuokraus (staff leasing), Suorarekrytointi (direct/permanent recruitment), Suorahaku/EXE Headhunting (executive search), Kansainvälinen rekrytointi (international recruitment including the Superkoulu program with pre-arrival Finnish-language training), Trenox (tower crane operator staffing, Finland's largest following the 2024 Puuhax acquisition), Muutosturva (outplacement/change security), Henkilöarviointi (personnel assessment), and Koulutuspalvelut (vocational training). Sub-brands EXE Headhunting, Trenox, and Superkoulu sit alongside the core Bolt.Works mobile application and client portal, which provide 24/7 shift management, mutual Star Feedback (Tähtipalaute), Anonymous Recruitment (Anonyymi rekrytointi) bias-mitigation tooling, and real-time sustainability/cost reporting.
The business model is a mix of recurring temporary-staffing revenue (hourly/per-shift billing on rented personnel), one-time placement fees for permanent and executive search, subscription-style international staffing arrangements, and professional-services fees for outplacement, assessment, and training. Distribution is sales-led via dedicated Key Account Managers, supported by 21 local offices and a self-serve mobile app; enterprise anchors include a national framework agreement with S-Group (covering approximately 2,000 locations), YIT, Bonava, ISS Palvelut, Patria, Havi, Compass Group Finland, and Wilderness Hotels, alongside a long tail of mid-market and SMB clients totaling 1,800+ customers and 10,000 workers placed in 2024.
Bolt.Works firmographics
Firmographics- Name
- Bolt.Works
- Legal name
- Bolt.Works Oy
- Website
- https://bolt.works
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Bolt.Works is a Finnish staffing and workforce-solutions company operating 21 offices across 19 Finnish cities plus Sweden, serving 1,800+ enterprise and mid-market clients with staff leasing, direct and executive recruitment, international recruitment, and training across seven industries.
- Ownership category
- akta.pro rank
Bolt.Works industry classification
Industry- Product category
- Staffing Services
- NAICS
- Temporary Help Services (561320), Employment Placement Agencies and Executive Search Services (56131), Professional Employer Organizations (56133)
- SIC
- Services-Employment Agencies (7361), Services-Help Supply Services (7363)
- akta.pro primary industry
- Gig / On-Demand Generalist Staffing Platforms (BPACACAK)
Keywords
Where Bolt.Works is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices23 records
Markets served
Bolt.Works business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Staff Leasing / Personnel Rental (Henkilöstövuokraus): Temporary staffing services where Bolt.Works employs workers and rents them to client companies. The core revenue stream across 7 industries (industry, logistics, HoReCa, construction, retail, property maintenance, office).
- Direct Recruitment (Suorarekrytointi): Permanent placement services placing candidates directly with client companies for a one-time fee.
- Executive Search / Headhunting (Suorahaku): Executive and specialist-level headhunting services for senior positions.
- International Recruitment (Kansainvälinen rekrytointi): International staffing services bringing workers from outside Finland, including the Superkoulu concept for pre-arrival language training and professional qualifications.
- Trenox Tower Crane Services: Specialized tower crane operator staffing through the Trenox brand, the largest in Finland. Generates ~4M EUR in revenue from Puuhax acquisition.
- Training Services (Koulutuspalvelut): Vocational training including earthworks training, apprenticeship programs, and the Superkoulu vocational qualification pathway for international workers.
- Change Security / Outplacement (Muutosturva): Outplacement services including career coaching, psychological support, and job search assistance for laid-off workers.
- Personnel Assessment (Henkilöarviointi): Psychological and competency assessment services to support hiring decisions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Tähtitekijä (Star Worker) bonus for 5-star rated workers |
| Usage-based | Pay-as-you-go | Staff leasing services - quote-based |
| Transaction based/ take rate | One time/ perpetual license | Direct recruitment and executive search - contingency or retained fee |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels12 records
Bolt.Works product offering
Product offeringCore offering
Bolt.Works is a Finnish nationwide staffing services company that employs workers and rents them to client companies across seven industries: industry/manufacturing, logistics, hotel and restaurant (HoReCa), construction, retail, property maintenance, and office/administrative. It also provides direct recruitment for permanent placements, executive search through EXE Headhunting, international recruitment with the Superkoulu language-training concept, outplacement (Muutosturva), personnel assessments, and vocational training, all supported by a proprietary mobile platform and 21-branch office network.
Product overview
Bolt.Works is a nationwide Finnish staffing services company that operates as a technology-driven platform offering multiple interconnected services. The core offering includes Bolt.Works-sovellus (mobile app) for 24/7 job matching and employment management, alongside staffing services (henkilöstövuokraus), direct recruitment (suorarekrytointi), executive search (EXE Headhunting), international recruitment, outplacement (muutosturva), personnel assessment, and training services. Sub-brands include Trenox for tower crane operators and Superkoulu for international recruitment with pre-arrival language training. Technology features include anonymous recruitment tools, star feedback systems, and sustainability reporting tools. The company serves seven industries: industry, logistics, hospitality, construction, retail, property maintenance, and office work, operating 21 offices across Finland and expanding to Sweden.
Differentiator
Problem solved
Functional benefit
Brands
- EXE Headhunting: Executive search and headhunting services for demanding specialist, manager, and executive positions. Part of Bolt Group.
- Trenox
- Superkoulu
Products and services
- Henkilöstövuokraus (Staff Leasing) Temporary staffing service where Bolt.Works employs workers and rents them to client companies across seven industries (industry/manufacturing, logistics, HoReCa, construction, retail, property maintenance, and office/administrative). Core revenue stream of the company, executed through local offices and the mobile app.
- Suorarekrytointi (Direct Recruitment) Permanent placement service that finds direct hires for client companies based on specific job requirements. Priced via one-time placement fees (typically percentage of annual salary).
- Suorahaku / EXE Headhunting (Executive Search) Executive search service for demanding specialist, manager, and executive positions, operated as the EXE Headhunting sub-brand within Bolt Group. Includes headhunting and retained/contingency placement fees.
- Kansainvälinen rekrytointi (International Recruitment) International staffing service bringing workers from outside Finland to client companies across 14 countries of recruitment. Includes the Superkoulu concept for pre-arrival Finnish language training to A2.2 level and professional qualifications.
- Muutosturva (Change Security / Outplacement) Outplacement and change management service supporting both employers conducting layoffs and displaced employees with career coaching, psychological support, and job-search assistance. Includes leadership coaching developed in partnership with organizational psychologist Outi Ikonen (Clarit).
- Henkilöarviointi (Personnel Assessment) Psychological and competency assessment service using scientific evaluation methods to support client hiring decisions.
- Trenox Tower Crane Operator Staffing Specialized staffing service for tower crane operators, operated under the Trenox brand, now Finland's largest tower crane operator intermediary after the Puuhax acquisition. Generates approximately 4M EUR revenue.
- Koulutuspalvelut (Training Services) Vocational training services including earthworks training for construction workers and apprenticeship training programs. Includes the Superkoulu vocational qualification pathway for international workers, in collaboration with Ammattiopisto Redu.
- Superkoulu International Recruitment Program Standalone international recruitment concept that brings Finnish-language-proficient workers from outside the EU to Finland, including pre-arrival Finnish language training to A2.2 level and professional certification pathways. Has brought nearly 1,000 workers with 100% retention rate.
Companies that use Bolt.Works
Customer profileNamed customers24 records
Segments9 records
Ideal customer profiles4 records
Bolt.Works technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Bolt.Works partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Refugee Friendly Employer NetworkcoreBolt.Works joined the Refugee Friendly Employer network in 2026, demonstrating its commitment to diversity, inclusion, and international workforce integration.
- AmiliminorAmili and Bolt.Works announced a partnership that works both ways, providing mutual benefits for both organizations.
- StoriacoreStoria, a logistics company with roots in the book industry, partners with Bolt.Works for flexible workforce solutions across warehouse, production, and customer service. The partnership provides Storia with staffing flexibility during peaks and seasonal demand while Bolt.Works gains a long-term logistics client.
- FSE SystemscoreFSE Systems, a company working on demanding Swedish projects, trusts Bolt.Works for staffing solutions in Sweden. This represents Bolt.Works' first major cross-border client as it expands to Northern Sweden.
- Outi Ikonen (Clarit)coreBolt.Works collaborated with Outi Ikonen, Finland's leading organizational psychologist from Clarit, to develop the Muutosturva (change security) leadership coaching program for executives facing organizational change and crisis leadership.
- Redu (Ammattiopisto Redu)coreBolt.Works collaborated with Redu vocational college to create an English-language, direct-to-work apprenticeship training program for international workers in Finland.
- Kari LiesivesiminorBolt.Works appointed Kari Liesivesi as industry director for construction to lead Trenox tower crane operations.
- Jari NiskaminorJari Niska is the Chairman of Bolt Group Oy. He leads the board and oversaw the CEO transition from Olli Köresaar to Tuomas Vasama.
- Kalle AlppiminorKalle Alppi, recognized as CIO of the Year 2015 and currently Mehiläinen's CIO, joined Bolt Group's board in March 2024, bringing IT and technology leadership expertise.
- Puuhax OycoreBolt.Works acquired Puuhax's tower crane driver staffing business for ~4M EUR, consolidating it under the Trenox brand, making Bolt.Works Finland's largest tower crane operator. Puuhax continues as an independent company for crane rental.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
Bolt.Works competitors and assessment
Company assessmentBroad incumbents
- Adecco Group: Adecco is the world's largest staffing company operating across 60+ countries including Finland. Comparable to Bolt.Works in core staff leasing and recruitment offerings but as a much broader global incumbent with deeper enterprise relationships and digital platform investments.
- Randstad: Randstad is a global staffing and HR services leader with operations across 40+ markets including the Nordics. Comparable to Bolt.Works in staff leasing and recruitment but as a global incumbent with HR tech and outplacement capabilities.
- ManpowerGroup: ManpowerGroup is a global staffing leader operating in 70+ countries including Finland. Comparable to Bolt.Works in temporary staffing and recruitment services but at significantly larger scale with a stronger technology/Right Management portfolio.
- Hays: Hays is a global specialist staffing firm focused on professional and skilled trades recruitment across 30+ markets. Comparable to Bolt.Works' EXE Headhunting executive search and professional placement offerings but as a global incumbent.
Direct peers
- Barona: Barona is one of Finland's largest generalist staffing and recruitment firms serving multiple industries including construction, logistics, hospitality, and industrial. Directly comparable to Bolt.Works in both horizontal multi-industry coverage and Finnish geographic focus.
- Staffpoint: Staffpoint is a Finnish staffing company providing personnel leasing and recruitment services across multiple industries. Comparable to Bolt.Works as a generalist Finnish staffing competitor with nationwide coverage and similar customer segments.
- Opteam: Opteam is a Finnish staffing and recruitment firm serving industrial, construction, logistics, and commercial sectors. Comparable to Bolt.Works in horizontal staffing model and domestic Finnish market focus.
- Eezy Plc: Eezy is a Finnish publicly listed staffing and HR services group offering staff leasing, direct recruitment, and HR solutions across multiple industries. Directly comparable to Bolt.Works in product portfolio and target market, with similar multi-vertical Finnish focus.
Regional players
- Academic Work: Academic Work is a Nordic staffing firm specializing in students, recent graduates, and young professionals across Sweden, Finland, Norway, and Denmark. Comparable to Bolt.Works in Nordic staffing delivery but with a younger/entry-level talent focus rather than horizontal multi-industry.
- Centric Professionals: Centric is a Northern European staffing and consulting firm operating in Finland, Sweden, Norway, and the Netherlands. Comparable to Bolt.Works in Nordic staffing reach but with stronger IT/engineering specialization and broader geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Bolt.Works social profiles
Digital presenceBolt.Works financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bolt.Works leadership team
Management profileNumber of profiles
Profiles11 records
Bolt.Works subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bolt.Works funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bolt.Works M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bolt.Works
What does Bolt.Works do?
Bolt.Works is a Finnish nationwide staffing services company that employs workers and rents them to client companies across seven industries: industry/manufacturing, logistics, hotel and restaurant (HoReCa), construction, retail, property maintenance, and office/administrative. It also provides direct recruitment for permanent placements, executive search through EXE Headhunting, international recruitment with the Superkoulu language-training concept, outplacement (Muutosturva), personnel assessments, and vocational training, all supported by a proprietary mobile platform and 21-branch office network.
Is Bolt.Works a public or private company?
Bolt.Works is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bolt.Works founded?
Bolt.Works was founded in 2016. It employs 1,001 to 5,000 people.
Where is Bolt.Works based?
Bolt.Works is headquartered in Helsinki, Finland, in the Europe region.
How does Bolt.Works make money?
Eight revenue lines are on record. Staff Leasing / Personnel Rental (Henkilöstövuokraus) is the primary driver. The others are direct Recruitment (Suorarekrytointi), executive Search / Headhunting (Suorahaku), international Recruitment (Kansainvälinen rekrytointi), trenox Tower Crane Services, training Services (Koulutuspalvelut), change Security / Outplacement (Muutosturva) and personnel Assessment (Henkilöarviointi).
Who are Bolt.Works's main competitors?
Broad incumbents on record are Adecco Group, Randstad, ManpowerGroup and Hays. Direct peers are Barona, Staffpoint, Opteam and Eezy Plc. Regional players are Academic Work and Centric Professionals.
Does Bolt.Works have an API?
No public API is recorded for Bolt.Works.
What industry is Bolt.Works in?
Bolt.Works's product category is Staffing Services. Its primary akta.pro industry code is BPACACAK, Gig / On-Demand Generalist Staffing Platforms. Its NAICS code is 561320 and its SIC code is 7361.