# Bolster Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bolster-networks

- Industry: Software
- Headquarters: Indianapolis, US
- Website: www.bolster.com
- Total disclosed funding: $9.8M
- Latest round: Series B (Dec 14, 2021)
- Investors on record: 7

## About

Bolster Networks, Inc. is a specialized provider of executive search and recruitment services, leveraging AI technology to streamline hiring processes for clients across various industries.Founded in 2020 and headquartered in Indianapolis, US, Bolster Networks focuses on providing executive search services. The company was co-founded by Abhishek Dubey, who has a history of entrepreneurship. In December 2021, they raised USD 9.75 mn in a Series B funding round led by Foundry Group, with participation from various investors. The total amount raised by the company to date is USD 9.75 mn, with a current valuation of USD 61.626 mn.Bolster specializes in executive search and recruitment services, using a blend of experienced recruiters and an AI-powered platform to streamline the hiring process. They offer tailored solutions for filling executive roles in technology, finance, and healthcare. Their platform enhances candidate evaluation, ensuring quick connections with top-tier executive talent. Bolster primarily serves high-growth companies in North America and Europe, delivering a transparent, flat-fee pricing model that avoids hidden costs.Bolster operates a flat-fee pricing system for its executive search services, allowing clients to understand the total cost upfront. The company generates revenue through B2B interactions, partnering with clients to provide customized executive recruitment solutions. Additionally, they may earn income from on-demand hiring services, facilitating access to a network of available executives for interim or advisory roles. Specific pricing details are not disclosed.Following the recent Series B funding round in December 2021, Bolster Networks, Inc. plans to leverage the USD 9.75 mn raised to enhance its on-demand executive talent offerings. The company is expected to focus on developing new products that will advance its recruitment capabilities and expand its presence into additional geographic regions. This could involve targeting emerging markets in Asia and further penetrating the European market by 2023.

## Funding rounds

- Series B, Dec 14, 2021, $9.8M — SVB Capital, Union Square Ventures, Foundry Group, Capital Factory, Costanoa Ventures, Alumni Ventures Group, High Alpha

## Investors

- SVB Capital (https://capitalatlas.ai/funds/svb-capital) — Series B
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Series B
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Series B