Today we announced that Bilt Rewards has closed an additional $200 million of equity capital, valuing the company at $3.1 billion. General Catalyst led the round with Todd Boehly’s Eldridge Industries, and continued support from long-standing investors Left Lane Capital, Camber Creek, and Prosus Ventures. This round is a testament not only to the strength of our core business – but the incredible growth opportunity that lies ahead. What’s even more exciting is we also announced that Kenneth I. Chenault, Former CEO of American Express and MD at General Catalyst, is joining Bilt as our new Chairman. Ken brings unparalleled experience to this business, particularly as we scale this platform to go beyond rewarding residents on rent – and also rewarding them in their neighborhood. We are also honored to be welcoming Roger Goodell, Commissioner of the NFL, to our board as an independent director. There is no company in the world that understands hometown loyalty better than the NFL – and his experience in building the League will be invaluable to our long-term strategy. Truly so excited to have Ken and Roger as new partners for all of us on this journey, so please join us in welcoming them to the Bilt team! More info: https://lnkd.in/etSBmQy5 #biltrewards #biltforyou
Bilt Rewards
Financial Services
New York, NY 14,612 followers
Renting should be rewarding.
About us
Bilt Rewards is the first-ever rewards program that allows renters to earn points on rent and builds a path towards homeownership. With an alliance of the nation’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 decor through the Bilt Collection, and the ability to use points for rent credits or towards a future downpayment. 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, we announced a valuation of $1.5 billion following a $150 million growth round to advance our loyalty program and credit card for renters.
- Website
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https://www.biltrewards.com
External link for Bilt Rewards
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
31 Bond St
New York, NY 10012, US
Employees at Bilt Rewards
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Doug Bibby
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Danielle Samalin
Executive Director @ The Bilt Foundation | Strategic Leadership, Social Impact, Business Innovation
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David Canty
SVP, Head of Loyalty & Partnerships at Bilt Rewards
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Gabriela Chamorro
Fintech Growth Leader | GM | Chief Customer Officer | Chief Marketing Officer | Product Marketing
Updates
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This week, Bilt Rewards CEO Ankur Jain was featured on the Fox News Media podcast, Everyone Talks to Liz Claman. In the episode titled “‘Bilt’ To Last: How Ankur Jain Unlocked Rewards For Millions of Rent-Payers,” Ankur delves into his journey creating Bilt’s groundbreaking loyalty program, which offers points for paying rent. He walks Liz through his inspiration for starting Bilt, the struggles of pitching a start-up, and the “hyper-curious” and eager-to-learn thinkers he aims to employ. Listen to the full podcast episode here: https://lnkd.in/e9gFsK9E
‘Bilt’ To Last: How Ankur Jain Unlocked Rewards For Millions of Rent-Payers
https://radio.foxnews.com
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We're thrilled to announce that Thrive Communities has joined the Bilt Rewards Alliance! This partnership will allow Thrive residents across the Pacific Northwest to earn points and access exclusive benefits at home, in the neighborhood, and when they travel. Thrive residents will now earn Bilt Points redeemable for travel, shopping, fitness, and more, including redemption options with Alaska Airlines. Residents will also get access to free on-time rent reporting to the three major credit bureaus. Since the recent launch of Bilt, Thrive residents have earned 24 million points, redeemed four million, and nearly a quarter have enrolled in rent reporting. We can’t wait to see this partnership grow! Read the announcement here: https://lnkd.in/gKutZd8v
Bilt Rewards and Thrive Communities Partner to Enhance Resident Experience Across Pacific Northwest - Bilt Rewards
newsroom.biltrewards.com
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Last week, we celebrated 15 new Bilt employees at our Q2 onboarding event! Each jacket represents the journey employees take while at Bilt, and we cannot wait to add new milestones as we grow this year. Thank you to IXTA Cocina Mexicana for hosting us. Want to join our team? Check out our open roles here: https://lnkd.in/gGvU6VQE #biltrewards #hiring
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We're excited to announce our April Above and Beyond Award winner, Alan McKenna! Each month, our team nominates individuals who consistently surpass expectations in their daily tasks. Alan made such an impact on our IT and Security efforts in such a short amount of time! Alan, we can't wait to see where you travel next using your Bilt Rewards! Congratulations, Alan! #BiltForSuccess #BiltRewards
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We're excited to announce our partnership with Douglas Elliman Real Estate, the first major condo and co-op property management firm to join the Bilt Rewards Alliance. This partnership brings our payments and rewards platform to over 400 condo and co-op buildings in NYC, allowing residents now to earn rewards and access exclusive benefits on those payments. Residents can now redeem points earned on monthly payments for travel with top airlines and hotels, fitness classes, their next condo and/or co-op payment, and more. This partnership marks a key step in expanding Bilt Rewards beyond renters and the broader housing industry. Read more here: https://lnkd.in/e-2EwV4R #realestate #biltalliance #biltforsuccess
Bilt Rewards partners with Douglas Elliman for homeowners to earn points for condo, co-op fees
nypost.com
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We are so excited to share that we have officially launched @Hilton Hotels as our newest loyalty and transfer partner here at Bilt Rewards. The teams have worked tirelessly to launch this amazing addition to the suite of partners and are so excited for this benefit to be live for our Members. For a limited time, all Bilt Members can earn an additional 1,000 points on their first transfer to Hilton. https://lnkd.in/eVNFrXS3 #biltrewards #biltforsuccess #hiltonhotels #hiring
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Our founder and CEO, Ankur Jain, was on the front cover of yesterday’s Forbes. This extensive profile tells the story of how Bilt was created and what’s next for us. We are so grateful to have Ankur leading our team. #BiltRewards #FinTech
With support from American Express’ longtime CEO Ken Chenault, the founder of fintech Bilt Rewards has become a billionaire creating a membership rewards program for house and apartment renters across the country. https://lnkd.in/gGy7SQSH
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Bilt Rewards and BLADE have teamed up to bring Bilt Members exclusive benefits. Bilt Members can now unlock complimentary flights, rewards on bookings, and NYC lounge access. Head to the Travel tab in the Bilt app to get started.
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We're excited to announce our March Above and Beyond Award winner, Emma Price! Each month, our team nominates individuals who consistently surpass expectations in their daily tasks. Emma's dedication and exceptional efforts to our partners and customers truly sets her apart. As a token of our appreciation, she's been rewarded with Bilt points, which we imagine she'll be using at Rumble Boxing! Congratulations again, Emma! #BiltForSuccess #BiltRewards