Bilt Rewards

company

About

Bilt Rewards offers a rewards program that allows renters to earn points on rent and create a path towards homeownership.

Details

Last Funding Type
Series B
Last Funding Money Raised
$150M
Industries
FinTech,Loyalty Programs,Real Estate,Rental Property
Founded date
Jun 1, 2021
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Bilt Technologies, Inc.
Also Known As
Bilt Technologies

Bilt Rewards offers a rewards program that allows renters to earn points on rent and create a path towards homeownership. With an alliance of the U.S.' largest real estate owners, Bilt Rewards will enable renters in more than two million units across the country to earn points just by paying rent.

Launched in June 2021, Bilt Rewards boasts one of the highest value rewards programs on the market today, including one-to-one point transfers for travel across over 100 major airlines and hotel partners; fitness classes at the country’s top boutique studios; limited-edition and exclusive collections of art and home decorations through the Bilt Collection, and the ability to use points for rent credits or towards a future down payment.

Bilt has also partnered with Mastercard and Wells Fargo to create the Bilt Mastercard - the first and only credit card that can be used to pay rent with no fees. In October 2022, Bilt announced a valuation of $1.5 billion following a $150 million growth round to advance its loyalty program and credit card for renters.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$213.30M
Bilt Rewards has raised a total of $213.30M in funding over 2 rounds. Their latest funding was raised on Oct 25, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 25, 2022 Series B $150M 9 Left Lane Capital Detail
Sep 21, 2021 Series Unknown $60M 10 Kairos HQ Detail
Sep 1, 2020 Seed $3M 1 Kairos HQ Detail
Feb 1, 2019 Pre-seed $300K 1 Kairos HQ Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Bilt Rewards has made 1 investments. Their most recent investment was on Dec 5, 2022, when Pylon raised $8.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 5, 2022 Pylon
Seed $8.50M Finance

Investors

Number of Lead Investors
Number of Investors
4
17
Bilt Rewards is funded by 17 investors. Left Lane Capital and Camber Creek are the most recent investors.
Investor Name Lead Investor Funding Round
Left Lane Capital Yes Series B
Camber Creek Series B
Fifth Wall Series B
GREYSTAR Series B
Invitation Homes Series B
Kairos HQ Series B
Prosus Ventures Series B
Smash Capital Series B
Wells Fargo & Company Series B
AvalonBay Series Unknown

Employee Profiles

Number of Employee Profiles
4
Bilt Rewards has 4 current employee profiles, including Executive Ankur Jain
Executive
Executive
Advisor
Executive