# Bolo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bolo

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.theboloapp.com
- Total disclosed funding: $31M
- Latest round: Series B (Apr 9, 2022)
- Investors on record: 6

## About

Bolo is an innovative architectural solutions provider that integrates advanced design methodologies with functionality, catering to both individual homeowners and commercial developers across various geographical markets.Founded in 2018 in Bangalore, India, Bolo operates under the brand name Études, focusing on delivering comprehensive architectural services. The company has successfully completed four funding deals, with the most recent being a Series B round in April 2022, raising INR 1.89 billion from investors including Nexus Venture Partners and Steadview Capital Management. The current company valuation stands at INR 11,275.517 million. The founder, Tsz Chan, has a background in architecture and design, contributing to the firm's innovative approach.The Bolo App specializes in providing architectural solutions designed for a diverse clientele including individual homeowners and commercial developers. Their core offerings comprise a suite of services that blend advanced design methodologies with practical functionality, emphasizing sustainability and aesthetic value. Bolo's engagement in North American and European markets reflects its commitment to high-quality architectural design and strategic planning.The revenue for Bolo is generated through direct client transactions for architectural services, including consulting fees for design and project management. The company operates on a B2B model, establishing agreements with commercial developers for comprehensive architectural solutions tailored to specific project needs. Revenue is derived from structured service packages that often encompass initial consultations and ongoing project support, reflecting Bolo's innovative approach in architecture.In April 2022, Bolo raised INR 1.89 billion in Series B funding to support its growth strategies. The firm plans to expand its offerings by developing new products aimed at enhancing client customization and efficiency in architectural design. Additionally, Bolo is targeting expansion into new markets in Asia and Europe, with plans to establish a presence in these regions by 2024. The funding will be utilized to enhance technological capabilities and scale operations to meet increasing demand.

## Funding rounds

- Series B, Apr 9, 2022, $25M — Nexus Venture Partners, RTP Global, Steadview Capital Management, RedBrook Capital Partners
- Series A, Feb 22, 2021, $5M — Nexus Venture Partners, RTP Global, QED Innovation Labs, Mars Shot Ventures, RedBrook Capital Partners
- Seed, Jan 28, 2020, $0.7M — Nexus Venture Partners
- Seed, Sep 26, 2018, $0.4M — Nexus Venture Partners

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series B
- QED Innovation Labs — Series A
- Mars Shot Ventures (https://capitalatlas.ai/funds/mars-shot-ventures) — Series A
- RedBrook Capital Partners — Series A, Series B
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series B