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Bolt CEO Ryan Breslow. Photo: Bolt
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Online Checkout Startup Bolt Valued at $4 Billion

Photo: Bolt CEO Ryan Breslow. Photo: Bolt

Bolt, a San Francisco-based startup that offers software for online shopping, is raising $333 million in Series D funding at a post-investment valuation of $4 billion, nearly five times its valuation in December, according to three people familiar with the matter. London-based venture firm Hedosophia is leading the round, said one of the people.

Six-year-old Bolt has six million registered users and next year expects 50 million people to use Bolt’s one-click checkout service through merchants such as Forever 21 and Brooks Brothers, according to a person familiar with the business. The startup makes money by charging merchants a 2% fee on purchases made through Bolt.

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