Ecommerce Site Bolt Raises $68M, Plans To Expand Globally

GAVIN O'MALLEY | July 10, 2019

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Ecommerce startup Bolt just raised another $68 million in a Series B round of funding led by Activant Capital and Tribe Capital.Pursuing a “holistic” approach to ecommerce, Bolt’s services encompass everything from checkout to payments to fraud detection.Since its official launch in January 2018, the company has now raised about $90 million.Having conducted more than 1.5 million transactions in less than two years, Bolt says it has reached an annualized payment processing volume of more than $1 billion. Since early 2018, the startup has also grown its workforce from 10 people to 125.

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CHS Inc.

CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services.

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