Boltwise
Denver, US · Founded 2023 · Delaware corporation · 10 employees on LinkedIn · 6 known investors
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BoltWise turns messy part descriptions and RFQs into searchable attributes, mapping customer and supplier part numbers to a distributor's own and automating PO generation and quoting. It serves industrial fastener and industrial goods distributors, integrating with ERPs such as Epicor Prophet 21, INxSQL, and The Business Edge.
Also known as BoltUp · BoltWise · BoltWise Inc.
Founders & leadership
Boltwise was founded in 2023 by COLE WEILER and Jie Min Wong.
Board
Investors · 6
Also in the syndicate · 2
Reported raises · per SEC filings
Form D private placements$5.5M disclosed across 2 of 3 rounds · 2023–2025
▶$2.5MraisedSep 2025 · 8 investors · OtherRule 506(b)
- CHRIS ERICKSONDirector
- JIE MIN WONGExecutive Officer, Director
- COLE WEILERExecutive Officer, Director, Promoter
- Offering amount
- $2.5M
- Amount sold
- $2.5M
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$3MraisedJul 2024 · 6 investors · OtherRule 506(b)
- CHRIS ERICKSONDirector
- COLE WEILERExecutive Officer, Director, Promoter
- JIE MIN WONGExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026BoltWise is a Denver, Colorado software company that sells an AI-based quoting and order-processing platform to industrial distributors, with a particular focus on fasteners and MRO goods. The platform parses inbound requests for quote arriving as emails, PDFs and spreadsheets — including those with typos and abbreviations — and maps line items onto the distributor's own catalog, so quotes can be produced without manual interpretation or part-number lookup.
The product set spans catalog refinement (converting unstructured part descriptions into searchable attributes and surfacing duplicates), intelligent quoting, purchase-order automation that ingests customer POs to avoid re-keying, a supplier library for locating sources of non-stock parts, and quoting analytics covering win patterns by part and customer and rep productivity. Coverage is stated at more than 1,000 fastener types and more than 2,000 other industrial goods categories such as paints, abrasives and pipes. Structured quotes can be pushed into the distributor's ERP; pre-built connections exist for Epicor Prophet 21, INxSQL, Infor CloudSuite Distribution and The Business Edge, with further integrations added on customer demand. Onboarding requires only part numbers and descriptions exported from the customer's ERP, and the company describes a roughly three-week implementation sequence of catalog cleanup, live use and analytics.
Founding story
The company was founded in 2023 by Cole Weiler (CEO) and Jie Min Wong (CTO) and initially operated under the name BoltUp, incorporating in Delaware. Weiler previously worked in procurement at McKinsey & Company, leading teams that helped Fortune 500 companies buy goods ranging from parts for military aircraft to office supplies; he found fasteners and MRO categories the hardest to source because of the sheer number of low-value unique parts involved. The release of ChatGPT prompted him to conclude that large language models could handle the categorization and quoting work and free sales reps for other parts of the procurement process.
Business model
Software sold to industrial distribution businesses, classified by third-party research as recurring-revenue enterprise and small-business software. Customers are onboarded through a booked demo and an implementation process measured in weeks, with the platform delivered as a hosted application connected to the customer's ERP.
Software subscription/licensing to distributor customers; specific pricing is not disclosed publicly.
Traction
The company reports deployment of its quoting software across multiple distributor clients, with quote turnaround reduced from days to minutes, higher RFQ throughput per employee and fewer data-entry errors. Customer testimonials from the owner of Action Fasteners and Supply and the CEO of The Olander Company describe faster identification and sourcing of products and quotes that previously took days completing quickly. Headcount grew from four at the time of the 2024 seed round to eight listed team members.
Latest developments
Company blog posts published in February and April 2026 describe the platform's positioning against tariff-driven price volatility, reshoring and rising digital-buying expectations in fastener distribution, and detail the RFQ parsing, product matching, ERP integration and rapid quote-generation capabilities for wholesale distributor order processing. The website now lists Infor CloudSuite Distribution among pre-built ERP connectors alongside Prophet 21, INxSQL and The Business Edge.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positioned as an AI-native quoting layer for fastener and industrial distribution, a segment characterized by very high SKU counts — the CEO has cited distributors buying more than 10,000 unique fastener parts, some priced at fractions of a cent. Third-party research classifies it as a pre-seed venture-backed quoting-software company and lists comparable vendors including Paperless Parts, Mercura, Veloce CPQ and other CPQ and quoting tools.
Vertical specialization in fastener and industrial-goods distribution rather than generic CPQ: catalog attribution across thousands of fastener and industrial part types, tolerance for messy RFQ inputs including typos and abbreviations, cross-mapping of customer and supplier part numbers to the distributor's own, and one-click write-back of structured quotes into the distributor ERPs common in the segment. Implementation is positioned as weeks rather than months and requires only part numbers and descriptions to begin.
Technology
AI models perform attribution and normalization of part catalogs, parse unstructured RFQs from email, PDF and spreadsheet formats, and match line items to catalog SKUs and to customer and supplier part numbers. The system is described as learning customer-specific patterns and preferences with use. Data is encrypted and segregated per customer. Delivery uses ERP connectors into Prophet 21, INxSQL, Infor CloudSuite Distribution and The Business Edge; the public web stack includes Webflow, Cloudflare, Google Analytics and Calendly.
Go-to-market
Direct sales led by account executives, with prospects funneled through demo bookings on the company website, supported by content marketing (a company blog on fastener quoting and distributor order processing) and paid search. The company emphasizes hands-on work with early customers and design partners to shape the product.
Fastener, MRO and broader industrial goods distributors in the United States, ranging from single-branch specialists to multi-state distribution networks, plus industrial suppliers. Named users include Action Fasteners and Supply and The Olander Company.
Geography
Headquartered in Denver, Colorado, with a small in-house team. Customers are industrial distributors across the United States, described by the company as coast-to-coast coverage spanning single-branch and multi-state distribution networks.
History
Founded in 2023 as BoltUp and later renamed BoltWise Inc. A $1 million pre-seed on a SAFE, led by Bienville Capital, was raised in 2023. In July 2024 the company filed a Form D disclosing a $3 million seed round led by Range Ventures, with Bienville Capital, SpringTime Ventures, Sarah Smith Fund and Service Provider Capital participating and the earlier pre-seed included in the filing; at that point the team numbered four and was hiring an additional engineer. The company has since expanded its ERP integration list to include Infor CloudSuite Distribution and grown to eight listed employees.
Risks & controversies
Reported performance claims — quote speed multiples, hours saved and win-rate improvements — originate with the company and its customer testimonials rather than independent measurement. The business is concentrated in a single vertical and depends on integrations with a small set of third-party distribution ERPs. Third-party data providers give inconsistent accounts of headcount and total funding, and estimated revenue and valuation figures published on aggregator pages are modeled rather than reported.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 7
by search overlap
Companies competing with Boltwise for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 3
launches, deals, and filingsFollowing the seed raise, the company said it was looking to expand its team of four by adding another engineer.
BoltWise disclosed a $3 million seed round in a Form D filing to the SEC submitted July 25, 2024, led by Range Ventures with participation from Bienville Capital, SpringTime Ventures, Sarah Smith Fund and Service Provider Capital. One third of the round ($1 million) was raised the prior year as pre-seed capital on a SAFE and included in the same Form D filing.
$3M source ↗
BoltWise Inc. was formerly known as BoltUp and launched in 2023 in Delaware.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 8
primary sources listed
- Boltwisegetboltwise.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Boltwise do?
- BoltWise builds AI quoting, sourcing and PO-automation software for fastener and industrial distributors, integrated with their ERPs.
- Who founded Boltwise?
- Boltwise was founded by COLE WEILER, Jie Min Wong in 2023.
- Who are Boltwise's investors?
- Boltwise's investors include Fractal Software, Range VC, Sarah Smith, Service Provider Capital.
- How much funding has Boltwise raised?
- Boltwise has disclosed $5.5M raised across 2 of its 3 known rounds.
- Where is Boltwise headquartered?
- Boltwise is headquartered in Denver, US.