Funding round
bolttech Series C
bolttech, which works in embedded insurance platform development in Warsaw, raised $147M in a Series C round announced on 4 Jun 2025, at a $2.10B post-money valuation. 6 firms took part, 4 of them already investors. It is bolttech's third venture round on record; the one before was a Series B in May 2023.
$147M
Amount raised
$2.10B
Post-money valuation
$1.95B pre-money
6
Investors
no lead named
1.3x
Step-up from the Series B
$1.60B in May 2023
7.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced bolttech at $2.10B after the new money, 1.3 times the $1.60B of its Series B (May 2023). The $147M bought investors about 7.0% of the company. It came 25 months after bolttech's Series B. It is 28% of the $523M bolttech has raised in the venture rounds on record. No later venture round is on record for bolttech.
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- backs 2 venture-backed companies existing investor
- Baillie Gifford existing investor
- Generali existing investor
- Sumitomo Corporation new investor
- backs 20 venture-backed companies new investor
- Generali’s Lion River existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
279 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.5 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 30 Jun 2025 | $900M | $4.00B | Thrive Capital |
| Tech Companies | 12 Jun 2025 | $170M | $1.00B | General Catalyst |
| Tech Companies | 18 Jun 2025 | $101M | $605M | Institutional Venture Partners |
| Tech Companies | 10 Jun 2025 | $100M | $510M | Institutional Venture Partners |
| Tech Companies | 10 Jun 2025 | $82M | $1.25B | Accel |
| Tech Companies | 17 Jun 2025 | $70M | not disclosed | HV Capital |
| Tech Companies | 3 Jun 2025 | $55M | not disclosed | Highland Europe |
| Tech Companies | 9 Jun 2025 | $54M | not disclosed | Insight Partners |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did bolttech raise in its Series C round?
bolttech raised $147M in its Series C round, announced in Jun 2025.
Which investors took part in bolttech's Series C round?
Dragon Funds, Baillie Gifford, Generali, Sumitomo Corporation, Iberis Capital and Generali’s Lion River.
What was bolttech's valuation at the Series C round?
$2.10B post-money ($1.95B pre-money).
How does it compare with other Series C rounds in Tech Companies?
279 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.5 times the median.