About Bolt.Works
Bolt.Works is a company based in Helsinki (Finland) founded in 2006 was acquired by Vaaka Partners in February 2022. It operates as a Professional Services, and Managed Services. Bolt.Works has raised $2.88 million across 1 funding round from investors including Bocap, Ilmarinen and Vaaka Partners. Bolt.Works offers products and services including Staffing Services, Direct Recruitment, International Recruitment, and Training Services. Bolt.Works operates in a competitive market with competitors including LinkedIn, Talent.com, Duunitori, Fuzu and TechFetch, among others.
- Headquarter Helsinki, Finland
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bolt.Works Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.88 M (USD)
in 1 rounds
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Latest Funding Round
$2.88 M (USD), Series A
Aug 29, 2018
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Investors
Bocap
& 2 more
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Employee Count
Employee Count
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Acquired by
Vaaka Partners
(Feb 21, 2022)
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Products & Services of Bolt.Works
Bolt.Works offers a comprehensive portfolio of products and services, including Staffing Services, Direct Recruitment, International Recruitment, and Training Services. 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.
Staffing solutions are provided for various industries efficiently.
Direct recruitment services are offered to match suitable candidates.
International talent is sourced for diverse industry needs globally.
Training programs are delivered to enhance workforce skills effectively.
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Funding Insights of Bolt.Works
Bolt.Works has successfully raised a total of $2.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.88 million completed in August 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 Total Funding
- Total Rounds 1
- Last Round Series A — $2.9M
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First Round
First Round
(29 Aug 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - Bolt.Works | Valuation | Bocap , Ilmarinen |
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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 Bolt.Works
Bolt.Works has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Bocap, Ilmarinen and Vaaka 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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Bocap is engaged in private equity investments in Finnish SMEs.
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Founded Year | Domain | Location | |
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Vaaka Partners is engaged in private equity investment management.
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Founded Year | Domain | Location | |
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Provides pension insurance and support for Finnish entrepreneurs and employers.
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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 Bolt.Works
| 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 - Bolt.Works
| 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 |
Bolt.Works Comparisons
Competitors of Bolt.Works
Bolt.Works 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 LinkedIn, Talent.com, Duunitori, Fuzu and TechFetch, 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 |
Professional networking, job recruitment, and career tools are provided.
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| domain | founded_year | HQ Location |
An online job board for multi-industry vacancies is operated.
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| domain | founded_year | HQ Location |
Candidates and employers are connected via a specialized job board.
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| domain | founded_year | HQ Location |
Job board and recruitment marketing platform
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| domain | founded_year | HQ Location |
Recruiters and candidates are matched via a unified talent platform.
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| domain | founded_year | HQ Location |
A social app for recruiting talents in tech, design, and marketing fields.
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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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Frequently Asked Questions about Bolt.Works
When was Bolt.Works founded?
Bolt.Works was founded in 2006 and raised its 1st funding round 12 years after it was founded.
Where is Bolt.Works located?
Bolt.Works is headquartered in Helsinki, Finland.
Who is the current CEO of Bolt.Works?
Ville Herva is the current CEO of Bolt.Works.
Is Bolt.Works a funded company?
Bolt.Works is a funded company, having raised a total of $2.88M across 1 funding round to date. The company's 1st funding round was a Series A of $2.88M, raised on Aug 29, 2018.
What does Bolt.Works do?
Bolt.Works is established as a leading staffing and recruitment service provider in Finland, operating across multiple sectors including industry, logistics, construction, hospitality, retail, property maintenance, and office administration. Comprehensive solutions are offered, encompassing temporary staffing, direct recruitment, international recruitment, and specialized training services. A user-friendly application is provided for 247 access to job opportunities and employment management. With a presence in 19 cities, operational efficiency and client satisfaction are prioritized through innovative technology and a dedicated workforce.
Who are the top competitors of Bolt.Works?
Bolt.Works's top competitors include LinkedIn, Talent.com and Duunitori.
What products or services does Bolt.Works offer?
Bolt.Works offers Staffing Services, Direct Recruitment, International Recruitment, and Training Services.
Who are Bolt.Works's investors?
Bolt.Works has 3 investors. Key investors include Bocap, Ilmarinen, and Vaaka Partners.
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