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