Ryan Breslow, founder of once-$11B valued checkout startup Bolt, is raising up to $27M in pay-to-play bridge funding to sustain the company, contributing $5M of his own capital. The move signals financial pressure on the startup as it navigates post-valuation corrections in the e-commerce tech space.
Background
Bolt (formerly Klarna Checkout) is an e-commerce checkout and payment infrastructure company that experienced a dramatic valuation decline from its $11 billion peak. The startup has faced mounting financial pressures as the broader tech sector recalibrates valuations.
- Source
- TechCrunch
- Published
- Sep 1, 2026 at 01:14 AM
- Score
- 6.0 / 10