BOLT Solutions
Digital Solutions for the Property and Casualty Insurance Industry
StartupBOLT Solutions is a Petah Tikva-based startup in the Fintech & Insurtech sector, established in 2000. Digital Solutions for the Property and Casualty Insurance Industry. The company has raised a total of $34.49M across 5 funding rounds, currently at the Acquired stage. BOLT Solutions was founded by Ari Katz and Eric Gewirtzman. Key investors include Apropos IT Ventures, Dolphin Equity Partners, Hyperion Israel Venture Partners, among 6 total investors. The company has 201-500 employees. Core technologies: Platforms & Interfaces, Web, Software.
With $34.49M in total funding, BOLT Solutions is a Acquired-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released. BOLT Solutions has been acquired.
- StageAcquired
- ProductReleased
- ModelB2B
- Employees201-500
- HQPetah Tikva
- DistrictCenter District
- StatusAcquired
- Last Round$17.29M
- Apropos IT Ventures
- Dolphin Equity Partners
- Hyperion Israel Venture Partners
6 investors total
Ari KatzCo-Founder & President
Eric GewirtzmanCo-founder (No longer with the company)
5 articles covered by sources including www.prnewswire.com,
coverager.com,
www.actua.com,
mergr.com,
en.globes.co.il.
What does BOLT Solutions do?
BOLT Solutions provides digital distribution solutions to the property and casualty (P&C) insurance industry. The company helps insurers transform the way they sell and market their products to consumers and business owners. Compatible with existing infrastructure, the BOLT platform provides a single interface that connects seamlessly with back-office systems and improves carrier reach through a vast market network of P&C insurance products. BOLT enables insurers to bundle their offerings with those from other carriers, positioning them to meet all of their customers needs without taking on additional risk. BOLT Solutions was a winner in the 2017 ACQ5 Global Awards, hosted by ACQ Magazine and the ACQ5 portal, for its intimate knowledge and expertise in the insurance technology and P&C insurance industry. In April 2017, BOLT was acquired by Actua Corp and later transferred to CVC Capital Partners, a growth fund company in the United States.
How much funding has BOLT Solutions raised?
BOLT Solutions has raised $34.49M in total funding across 5 rounds. The company is currently at the Acquired stage. Key investors include Apropos IT Ventures, Dolphin Equity Partners, Hyperion Israel Venture Partners.
Who founded BOLT Solutions?
BOLT Solutions was founded in 2000 by Ari Katz (Co-Founder & President), Eric Gewirtzman (Co-founder (No longer with the company)).
What sector is BOLT Solutions in?
BOLT Solutions operates in Fintech & Insurtech, Insurtech, with core technologies in Platforms & Interfaces, Web, Software. Target customers: Financial Services, Financial Products, Insurance.
Where is BOLT Solutions located?
BOLT Solutions is based in Ef'al St 25, Petah Tikva, Israel, Center District. The company also has offices abroad.