Bilt Rewards Secures $250M Funding to Transform Rent Payments into Pathways to Homeownership

Bilt, the pioneering housing and neighborhood commerce network, proudly announces a monumental funding milestone of $250 million. This pivotal infusion of capital will empower Bilt to expand its transformative rewards ecosystem, which uniquely converts everyday spending into meaningful benefits that pave the way for homeownership. Since its launch in June 2021, Bilt has reshaped the traditional dynamics of rent and HOA payments with its innovative rewards program, enabling residents to earn points simply on their regular payments. These points not only translate into high-value rewards like travel opportunities through one-to-one point transfers across more than 100 major airlines and hotel partners, but also open doors to exclusive perks including boutique fitness classes and curated collections from the Bilt Home Collection. The funding will accelerate Bilt’s mission of enhancing the lives of residents nationwide by further developing The Bilt Alliance—a vast network that spans over 4.5 million homes. With this infusion, property managers can leverage Bilt’s platform to boost resident loyalty and achieve significant cost savings, while residents enjoy unprecedented benefits that enrich their everyday lives. The enhanced rewards program will also offer more flexible ways to invest points towards rent credits, future down payments on homes, or even qualifying student loan repayments, making it the first of its kind in the market. This landmark investment not only recognizes the innovative value Bilt brings to the real estate and financial sectors but also underscores a broader commitment to fostering sustainable community growth. As Bilt continues to redefine the modern living experience, this latest funding round marks a transformative step toward empowering individuals to build long-term financial stability and achieve the dream of homeownership.