# Bolt seeks up to $27 million bridge round

_Monday, August 31, 2026 at 1:14 PM EDT · Capital · Latest · Tier 2 — Notable_

![Bolt seeks up to $27 million bridge round — Primary](https://techcrunch.com/wp-content/uploads/2024/09/ryan-breslow-bolt.jpg?resize=1200,800)

Checkout company Bolt is raising a bridge round of up to $27 million from existing investors, TechCrunch reported. The financing is structured as a convertible note that would convert at a discount in a future round and includes a pay-to-play provision under which nonparticipating backers would lose a large portion of their equity. CEO Ryan Breslow is committing $5 million, and said Bolt's board and a majority of preferred shareholders approved the fundraise.

## Sources

- [Startups | TechCrunch](https://techcrunch.com/2026/08/31/ryan-breslow-is-raising-up-to-27m-in-pay-to-play-bridge-funding-to-save-bolt/)

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Retrieved: 2026-08-31T21:40:47.404Z
Publisher: Tech & Business (techandbusiness.org)