Bilt Rewards

Bilt Rewards is the first-ever loyalty program that allows renters to earn points on rent with no fees and builds a path towards homeownership.

Bilt Rewards' mission is to enable the country's 109 million renters to finally earn points on their largest monthly expense with no fees.

Bilt Rewards was launched in June 2021 by Kairos HQ. The company is headquartered in New York, NY.

 

Bilt has been the loyalty program and payment platform for the Bilt Alliance, a network of more than 2.5 million apartment units across the country in partnership with the nation's top multifamily owners and operators including Blackstone, Related Companies, Related Group,., and more.

 

Bilt's rewards programs on the market today include, one-to-one point transfers to 9 loyalty programs allowing travel across over 100 major airlines and hotel partners; fitness classes at the country's top boutique studios including; limited-edition and exclusive collections of art and home decor through the Bilt Collection.

 

Bilt has also partnered with Mastercard to create the Bilt Mastercard - the first and only credit card that can be used to pay rent with no fees. Bilt's newly introduced 0-1-2-3 point earning structure will allow Bilt Mastercard cardholders to earn even more points on categories.

 

Bilt Rewards has already processed over $3 billion in annualized rent payments and over $1.6 billion in annualized card spend to-date.

 

Bilt is backed by Blackstone, Wells Fargo, Left Lane Capital, Mastercard, Smash Capital, Greystar, Invitation Homes, Camber Creek, Fifth Wall, Prosus Ventures, AvalonBay Communities, and others. The company raised $150M in a growth round on Oct 25, 2022. This brings Bilt's total funding to $213.3M to date. The latest round mints Bilt Rewards a unicorn with a valuation of $1.5B post-money.

 

 

  • Year founded: 2021
  • Funding Info: $213.3M over 4 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1.5B as of Oct 25, 2022
  • City/Town: New York
  • State: New York
  • Country: United States
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