Ryan Breslow is raising up to $27M for Bolt, including $5M of his own
The Bolt founder is putting in $5M after an abandoned 2024 financing triggered litigation from investors.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Breslow is putting $5 million behind an effort to finance Bolt after returning as CEO. The investor history is unusually fraught: Bolt's abandoned 2024 proposal could have effectively eliminated about 70% of nonparticipating investors' shares, while the mechanics of the new bridge remain undisclosed.

Ryan Breslow is putting $5 million of his own money into Bolt, the checkout software company he founded in 2014, as he seeks fresh financing for a business that was once valued at $11 billion.…