About Bolstr
Bolstr is a company based in Chicago (United States) founded in 2011 was acquired by KeyBank in June 2018. Bolstr has raised $7.06 million across 5 funding rounds from investors including KeyBank, Wilson Sonsini Goodrich & Rosati and Fusion Fund. The company has 17,903 employees. Bolstr offers products and services including Business Checking Accounts, Business Loans, Business Credit Cards, Lines of Credit, and Savings Accounts. Bolstr operates in a competitive market with competitors including Tongo, Capify, Swift Capital, Super G Capital and OAREX, among others.
- Headquarter Chicago, United States
- Employees 17,903
- SectorsFinancial Services
- Website bolstr.com
- Social LinkedIn X Facebook
- Acquired by KeyBank (Jun 2018)
- Legal Name Keycorp
Products & Services of Bolstr
Bolstr offers a comprehensive portfolio of products and services, including Business Checking Accounts, Business Loans, Business Credit Cards, Lines of Credit, and Savings Accounts.
Accounts for managing daily business transactions and finances
Loans to finance equipment, expansions, and working capital needs
Cards offering rewards and financing for business expenses
Flexible funds for short-term business cash flow requirements
Accounts to build business reserves and earn interest
Funding Insights of Bolstr
Bolstr has successfully raised a total of $7.06M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in June 2018. 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 $7.06M
- Total Rounds 5
- Last Round Seed — $2.3M
- First Round $3.06M
(Dec 2014)
- Investors Count 7
All 5 funding rounds of Bolstr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $2.3M | Seed | – | Fusion Fund, DRW Venture Capital | – |
| Jun 2016 | $1.39M | Debt – Conventional | – | – | – |
| Mar 2016 | $676,239 | Debt – Conventional | – | – | – |
| Jan 2015 | $1.7M | Seed | – | Montage Ventures, Kapor Capital | – |
| Dec 2014 | $3.06M | Seed | – | – | – |
8 investors in total: 8 institutional.
Investors in Bolstr
Bolstr has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include KeyBank, Wilson Sonsini Goodrich & Rosati and Fusion Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage startups focusing on healthcare, AI, and industrial technology. | – | fusionfund.com | - | |
Venture capital firm backed by DRW | – | drwvc.com | Chicago, United States | |
US focused growth stage VC firm | – | montageventures.com | Menlo Park, United States | |
Seed stage venture capital firm investing in US | – | kaporcapital.com | Oakland, United States | |
Merrick Ventures is involved in investment activities. | – | merrickventures.com | - | |
Diversified trading firm providing liquidity and technology solutions in finance. | 1992 | drw.com | Chicago, United States | |
Provider of legal services to technology and life science companies | 1961 | wsgr.com | Palo Alto, United States | |
Regional bank | 1849 | key.com | Cleveland, United States |
Investor details for Bolstr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Bolstr
4 dated milestones of Bolstr across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bolstr is founded.
- Funding First funding round of $3.1M.
- Funding Latest funding round, Seed, of $2.3M.
- Exit Acquired by KeyBank.
Competitors of Bolstr
Bolstr 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 Tongo, Capify, Swift Capital, Super G Capital and OAREX, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gettongo.com | 2016 | Brooklyn, United States | $12.56M | – | Commission calculation tools are provided for real estate agents. | |
| capify.com | 2002 | New York, United States | $10.29M | 1 | Financial services are provided to support business funding needs. | |
| swiftcapital.com | 2006 | Wilmington, United States | $98.75M | 41 | Merchant cash advances are provided to small businesses for funding. | |
| supergcapital.com | 2008 | Newport Beach, United States | $6M | 4 | Online platform for business loans | |
| oarex.com | 2012 | Cleveland, United States | $125,000 | – | Revenue advances are provided to digital media companies against receivables. | |
| libertasfunding.com | 2016 | Greenwich, United States | – | – | Merchant cash advance loans are provided online to small businesses. | |
| everestbusinessfunding.com | 2013 | Miami, United States | – | – | Revenue-based financing is provided to businesses using daily cash flow. | |
| lendr.online | 2011 | Chicago, United States | – | – | Financial solutions are provided for small business growth by Lendr. |
Detailed competitors of Bolstr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Bolstr
Complete news archive for Bolstr
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bolstr
10 companies that operate in the same segment as Bolstr (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Bolstr
Bolstr was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Bolstr is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Bolstr is a funded company, having raised a total of $7.06M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.06M, raised on Dec 2014.
Bolstr has 17,903 employees.
Bolstr was founded in 2011 in Chicago, United States, as a platform for income sharing-based financing. Capital is provided to businesses in consumer, retail, and manufacturing sectors by inviting accredited investors to commit funds on listed deals. A fixed percentage of monthly revenue is repaid to investors until the loan is fully settled. Deals are removed from the marketplace and funds disbursed once commitments reach the required total.
Bolstr's top competitors include Tongo, Libertas Funding and OAREX.
Bolstr offers Business Checking Accounts, Business Loans, Business Credit Cards, Lines of Credit, and Savings Accounts.
Bolstr has 8 investors. Key investors include KeyBank, Wilson Sonsini Goodrich & Rosati, Fusion Fund, DRW Venture Capital, and Montage Ventures.
Bolstr operates through Keycorp.
Yes. Bolstr was acquired by KeyBank in June 2018.