Bolt is a mobility company that runs ride hailing, scooter and bike rental, car sharing and delivery services. Markus Villig founded it in 2013, when he was 19, under the name Taxify. It took the name Bolt in 2019. The company is based in Tallinn, Estonia.
Its main product is a ride hailing app that connects riders with drivers. In many cities the same app also offers electric scooters and bikes, and in some it offers short term car rental. Bolt Food delivers restaurant meals, and Bolt Market delivers groceries and other goods in some cities.
Bolt operates in many countries across Europe and Africa, with some presence in other regions. It competes with Uber and local rivals, and it often enters markets with lower commission rates for drivers. Markus Villig still leads the company, and he is one of the youngest founders of a European company of this size. Bolt has raised several large funding rounds and remains privately held.