Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

Miami-based micromobility startup Bolt, co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha.

“This was a perfect fit,” Bolt CEO Ignacio Tzoumas said in a press release. “This acquisition allows us to dramatically expand our footprint across the U.S.”

Bolt is striving to revolutionize transportation with its streamlined tools, Tzoumas said, adding that the expansion to new locales includes a presence on 18 university campuses and gives Bolt the ability to “empower local partners to expand the interconnectivity of cities and universities with multi-modal micromobility solutions.”