$150-200k
+ Equity & Bonus
Loyalty program for property renters
Open for applications
Loyalty program for property renters
101-200 employees
Open for applications
$150-200k
+ Equity & Bonus
101-200 employees
To give young people a way to earn rewards on their rent payments, and to help them on the path toward homeownership
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To give young people a way to earn rewards on their rent payments, and to help them on the path toward homeownership
55% employee growth in 12 months
Millions of Americans participate in credit card programs that enable them to earn points from everyday spending. Bilt is a loyalty program that enables renters to earn points from what is typically their largest monthly outgoing: rent.
Landlords have long been unwilling to accept payment by credit card due to the high fees involved, an issue Bilt is tackling head-on. Within a few months of launching in mid-2021, Bilt was serving more than 2 million rental units. Whilst focusing on rent payments in the beginning, Bilt hopes to morph into an end-to-end service for renters looking to buy a home, which could eventually involve becoming a mortgage provider.
Bilt is targeting a lucrative market of 109 million renters in the US alone, with 4 million rental units using its platform. The company has secured impressive funding of more than $200 million led by General Catalyst Partners, which it is using to expand its Rewards Alliance programme - a partnership of multifamily, single family and student housing operators - alongside the local merchant focused Neighborhood Rewards program.
Steph
Company Specialist at Welcome to the Jungle
Aug 2024
$150m
LATE VC
Jan 2024
$200m
LATE VC
Ankur Jain
(CEO)Serial entrepreneur and current Founder & CEO of Kairos, a venture studio. Also founded Humin which they sold to Tinder in 2016, and Bilt (as part of Kairos).
Software Engineering
Finance, Legal & Compliance