About Bolero
Bolero is a Transportation, Automotive & Logistics company based in Walton-on-thames (United Kingdom) founded in 1998, and was acquired by WiseTech Global in July 2022. Bolero is recognized as a leading cloud-based platform for digitizing global trade. It operates on a PaaS (Platform-as-a-Service) and API-as-a-Product model in Transportation, Automotive & Logistics and Financial Services sectors. Bolero has raised $50.29 million across 5 funding rounds from investors including WiseTech Global, HSBC and Apax Partners. Bolero was last valued at $179.23 million. Its chief executive is Andrew Raymond. Bolero offers products and services including Galileo Multi-Bank for Corporates, Galileo TPaaS for Banks, Bolero eBL-as-a-Service, and Bolero for Carriers and Logistics. Its focus areas include Technology, Financial Technology and Trade Finance Solutions. Its legal entity is Bolero International. Its competitors include Ebury, Shengye Capital, BuyCo, Red Sky and Global Trade; 2 of its 5 listed competitors have raised funding.
Company details
Bolero International is established as a prominent cloud-based platform focused on the digitization of global trade. With over 20 years of expertise in trade, maritime, and cloud technology, the company is trusted by major carriers and financial institutions worldwide. Solutions provided by Bolero are designed to connect corporates with logistics partners and financial institutions seamlessly. The platform is utilized to reduce risks and costs associated with global trade, enhance operational efficiencies, and provide greater visibility and control over transactions. Services offered include electronic bills of lading, multi-bank trade finance portals, and white-labelled solutions for banks, all aimed at transforming customer experiences in the trade finance sector.
- Headquarters Walton-on-thames, United Kingdom
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website bolero.net
- Social LinkedIn X
- Acquired by WiseTech Global (Jul 2022)
- Legal Name Bolero International
- Annual Revenue$4.41 M (USD)-50as on Dec 31, 2022
- Net Profit-$2.2 M (USD)-333as on Dec 31, 2022
- EBITDA-$2.37 M (USD)-79as on Dec 31, 2022
- Total Equity Funding$50.29M (USD)
in 5 rounds
- InvestorsWiseTech Global
& 4 more
- Acquired byWiseTech Global
(Jul 2022)
Products & Services of Bolero
Bolero offers a comprehensive portfolio of products and services, including Galileo Multi-Bank for Corporates, Galileo TPaaS for Banks, Bolero eBL-as-a-Service, and Bolero for Carriers and Logistics.
A secure multi-banking portal for corporate trade finance.
White-labelled trade finance portal service for banking institutions.
Electronic bills of lading integrated via secure APIs.
Digital trade solutions for carriers and logistics industries.
Funding Insights of Bolero
Bolero has successfully raised a total of $50.29M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50.29M
- Total Rounds 5
- First Round $50,825
(Dec 1998)
- Investors Count 4
All 5 funding rounds of Bolero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Nov 2000 | $179.23M | •••••••• |
Last known valuation $179.23M (Nov 2000). 5 investors in total: 5 institutional.
Investors in Bolero
Bolero has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include WiseTech Global, HSBC and Apax Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Equity investments are focused on tech, services, and consumer sectors. | 1981 | apax.com | Hong Kong, China | |
Private equity and real estate investment firm | 1997 | bpeasia.com | Beijing, China | |
- | – | palio.ch | - | |
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | wisetechglobal.com | Schaumburg, United States |
Investor details for Bolero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bolero
1 people are tracked at Bolero (1 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Raymond | CEO | Leadership |
Complete people profiles for Bolero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Bolero
5 dated milestones of Bolero across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Bolero is founded.
- Funding First funding round of $51K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
- Exit Acquired by WiseTech Global.
Competitors of Bolero
Bolero has 5 listed competitors in our database, 2 of them funded. They include Ebury, Shengye Capital, BuyCo, Red Sky and Global Trade, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ebury.com | 2009 | London, United Kingdom | $374.12M | 1,057 | Forex risk management and payment solutions are provided for businesses. | |
| shengyecapital.com | 2013 | Shenzhen, China | – | – | Supply chain financing is facilitated through an online marketplace platform. | |
| buyco.co | 2015 | – | – | – | Cloud-based platform for maritime shipment management is provided. | |
| redsky.io | 2021 | Cheltenham, United Kingdom | $4.7M | 9 | Cloud-based supply chain software for enterprise freight tracking is provided. | |
| globaltradecorp.com | 2002 | Toronto, Canada | – | – | Multi-bank trade finance platform connects corporations to financial institutions. |
Detailed competitors of Bolero
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Bolero
The website of Bolero (bolero.net) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 7.8% vs previous month
Websites whose visitors overlap most with Bolero. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mbssecurities.com | 100% | 4.1K | #4,450,769 | View details | |
brebank.pl | brebank.pl | 100% | – | #1,054,243 | – |
| investopedia.com | 74% | 15.5M | #4,310 | View details |
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Bolero (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Bolero
Complete news archive for Bolero
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Frequently Asked Questions about Bolero
Bolero was founded in 1998.
Bolero is headquartered in Walton-on-thames, United Kingdom. It is registered at Walton-on-thames, Surrey, United Kingdom.
Andrew Raymond is the current CEO of Bolero.
Bolero is a funded company, having raised a total of $50.29M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $50.83K, raised on Dec 1998.
Annual revenue of Bolero is $4.41M as on Dec 31, 2022.
Bolero International is established as a prominent cloud-based platform focused on the digitization of global trade. With over 20 years of expertise in trade, maritime, and cloud technology, the company is trusted by major carriers and financial institutions worldwide. Solutions provided by Bolero are designed to connect corporates with logistics partners and financial institutions seamlessly. The platform is utilized to reduce risks and costs associated with global trade, enhance operational efficiencies, and provide greater visibility and control over transactions. Services offered include electronic bills of lading, multi-bank trade finance portals, and white-labelled solutions for banks, all aimed at transforming customer experiences in the trade finance sector.
Bolero offers Galileo Multi-Bank for Corporates, Galileo TPaaS for Banks, Bolero eBL-as-a-Service, and Bolero for Carriers and Logistics.
Bolero has 5 investors. Key investors include WiseTech Global, HSBC, Apax Partners, BPEA EQT, and palio.ch.
The valuation of Bolero is $179.23M as of Nov 2000.
Bolero operates through Bolero International.
Yes. Bolero was acquired by WiseTech Global in July 2022.