# BoltWise

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

- Industry: Software
- Headquarters: Lakewood, US
- Website: www.getboltwise.com
- Total disclosed funding: $3M
- Latest round: Seed (Jul 12, 2024)
- Investors on record: 3

## About

Founded in 2023 by co-founders Cole Weiler and Jie Min Wong and based in Colorado, US, BoltWise Inc. provides an AI-based platform for automating quoting and supply chain management in the fastener and industrial distribution sectors. In July 2024, BoltWise Inc. raised USD 3 million in seed funding co-led by investors Fractal, Springtime Ventures, and Range Ventures.


The company offers BoltWise, an AI-powered quote software. This software allows users to import customer requests in any format and automatically match them with the appropriate inventory items. The software's AI capabilities also facilitate part attribution and search, allowing users to navigate large catalogues of fasteners. Additionally, BoltWise's platform includes features for automated quoting, where customer quotes are converted into ready bids without manual intervention. The system handles part matching, allowing sales teams to focus on pricing strategies and customer relationships. Another feature is quoting management, which provides insights into the time spent on quotes, the success rate of different quotes and parts, and overall sales trends. BoltWise is also developing a supplier library feature that allows users to search across the supply base to find the parts they need, streamline purchasing processes, and discover parts to add to their catalogues.

## Funding rounds

- Seed, Jul 12, 2024, $3M — Springtime Ventures, Range Ventures, Fractal

## Investors

- Springtime Ventures (https://capitalatlas.ai/funds/springtime-ventures) — Seed
- Range Ventures (https://capitalatlas.ai/funds/range-ventures) — Seed
- Fractal — Seed