Bolero
About Bolero
Bolero is a company founded in 1998 was acquired by WiseTech Global in July 2022. It operates as a PaaS (Platform-as-a-Service), and API-as-a-Product. Bolero has raised $50.29 million across 5 funding rounds from investors including WiseTech Global, HSBC and Apax Partners. 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. Bolero operates in a competitive market with competitors including Ebury, Shengye Capital, BuyCo, Red Sky and Global Trade, among others.
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bolero International
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Annual Revenue
$4.41 M (USD)-50as on Dec 31, 2022
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Net Profit
$-2.2 M (USD)-333as on Dec 31, 2022
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EBITDA
$-2.37 M (USD)-79as on Dec 31, 2022
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Total Equity Funding
$50.29 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
WiseTech Global
& 4 more
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Employee Count
Employee Count
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Acquired by
WiseTech Global
(Jul 07, 2022)
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(29 Dec 1998)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Debt – Conventional - Bolero | Valuation |
investors |
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| Nov, 2000 | Amount | Private Equity Round - Bolero | Valuation | Apax | |
| Sep, 2000 | Amount | Private Equity Round - Bolero | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Private equity and real estate investment firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bolero
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bolero
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bolero Comparisons
Competitors of Bolero
Bolero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ebury, Shengye Capital, BuyCo, Red Sky and Global Trade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Forex risk management and payment solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Cloud-based platform for maritime shipment management is provided.
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| domain | founded_year | HQ Location |
Cloud-based supply chain software for enterprise freight tracking is provided.
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| domain | founded_year | HQ Location |
Multi-bank trade finance platform connects corporations to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bolero
Frequently Asked Questions about Bolero
When was Bolero founded?
Bolero was founded in 1998.
Who is the current CEO of Bolero?
Andrew Raymond is the current CEO of Bolero.
Is Bolero a funded company?
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 $174.05K, raised on Dec 29, 1998.
What is the annual revenue of Bolero?
Annual revenue of Bolero is $4.41M as on Dec 31, 2022.
What does Bolero do?
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.
What products or services does Bolero offer?
Bolero offers Galileo Multi-Bank for Corporates, Galileo TPaaS for Banks, Bolero eBL-as-a-Service, and Bolero for Carriers and Logistics.
Who are Bolero's investors?
Bolero has 5 investors. Key investors include WiseTech Global, HSBC, Apax Partners, BPEA EQT, and palio.ch.
What is Bolero's valuation?
The valuation of Bolero is $179.23M as of Nov 2000.