The purchaser opened up 48 new markets to Bolt Mobility, most of which were smaller cities such as Raleigh, North Carolina, St. The company acquired in January 2021 the assets of Last Mile Holdings, which owned micromobility companies Gotcha and OjO Electric. Bolt zooms then stallsīolt Mobility (not to be confused with the European transportation super app also named Bolt ) was on what appeared to be a growth streak about 18 months ago. Because of the company’s failure to provide the city with updated insurance and pay some outstanding fees, Portland subsequently suspended Bolt’s permit to operate there, according to a city spokesperson. Even the customer service line doesn’t appear to be staffed.īolt halted its service in Portland on July 1. Emails to Bolt’s communications department, several employees and investors went unanswered. TechCrunch has made multiple attempts to reach Bolt and those who have backed the company. Some city representatives also said they were unable to reach anyone at Bolt, including its CEO Ignacio Tzoumas. Augustine, Florida according to city officials. cities, including Portland, Oregon, Burlington, South Burlington and Winooski in Vermont, Richmond, California and Richmond, Virginia, and St. In some cases, the departure has been abrupt, leaving cities with abandoned equipment, unanswered calls and emails, and lots of questions.īolt has stopped operating in at least eight U.S. Augustine, Florida also confirming service has ended there.īolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without a trace from several of its U.S. Updated: Article updated to add the city of Richmond and the county of Montgomery in Virginia, as well as St.

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