Bolt.Works

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.

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

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

• Staffing services
• Temporary employment
• Recruitment services
• Workforce solutions
• Talent acquisition

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices23 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. 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).
2. Direct Recruitment (Suorarekrytointi): Permanent placement services placing candidates directly with client companies for a one-time fee.
3. Executive Search / Headhunting (Suorahaku): Executive and specialist-level headhunting services for senior positions.
4. International Recruitment (Kansainvälinen rekrytointi): International staffing services bringing workers from outside Finland, including the Superkoulu concept for pre-arrival language training and professional qualifications.
5. 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.
6. Training Services (Koulutuspalvelut): Vocational training including earthworks training, apprenticeship programs, and the Superkoulu vocational qualification pathway for international workers.
7. Change Security / Outplacement (Muutosturva): Outplacement services including career coaching, psychological support, and job search assistance for laid-off workers.
8. Personnel Assessment (Henkilöarviointi): Psychological and competency assessment services to support hiring decisions.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels12 records

Core 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.

Named customers24 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Refugee Friendly Employer NetworkcoreStrategic or Co-development PartnerBolt.Works joined the Refugee Friendly Employer network in 2026, demonstrating its commitment to diversity, inclusion, and international workforce integration.
• AmiliminorStrategic or Co-development PartnerAmili and Bolt.Works announced a partnership that works both ways, providing mutual benefits for both organizations.
• StoriacoreStrategic or Co-development PartnerStoria, 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 SystemscoreChannel Partner/ Reseller/ DistributorFSE 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)coreStrategic or Co-development PartnerBolt.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)coreStrategic or Co-development PartnerBolt.Works collaborated with Redu vocational college to create an English-language, direct-to-work apprenticeship training program for international workers in Finland.
• Kari LiesivesiminorOthersBolt.Works appointed Kari Liesivesi as industry director for construction to lead Trenox tower crane operations.
• Jari NiskaminorOthersJari Niska is the Chairman of Bolt Group Oy. He leads the board and oversaw the CEO transition from Olli Köresaar to Tuomas Vasama.
• Kalle AlppiminorOthersKalle 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 OycoreStrategic or Co-development PartnerBolt.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

Broad 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

• YouTubeyoutube.com/@boltworks
• Facebookfacebook.com/bolt.works
• LinkedInlinkedin.com/company/boltworks
• Instagraminstagram.com/bolt.works

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bolt.Works