What is Bilt Technologies?
Headquartered in New York City and founded by Ankur Jain, Bilt Technologies operates the first loyalty platform specifically designed for the rental market. The company's core offering, the Bilt Rewards Alliance, integrates with over 4.5 million residential units, creating a massive ecosystem that connects property owners with millions of tenants. Beyond rent, Bilt has expanded its footprint into neighborhood commerce, partnering with over 40,000 local merchants to create a comprehensive rewards network.
The platform's market position is bolstered by its strategic partnerships with industry giants such as Greystar and Equity Residential, as well as its leadership team, which includes former American Express CEO Kenneth Chenault. By processing over 45 billion dollars in annual payments, Bilt has evolved from a niche loyalty program into a critical financial infrastructure layer that facilitates homeownership paths and enhances the tenant experience across the United States.
How much funding has Bilt Technologies raised?
Bilt Technologies has raised a total of $810M across 5 funding rounds:
Unspecified
$60M
Other Financing Round
$150M
Other Financing Round
$200M
Other Financing Round
$150M
Other Financing Round
$250M
Unspecified (2021): $60M with participation from Wells Fargo, AvalonBay Communities, Mastercard, Blackstone, and Douglas Elliman
Other Financing Round (2022): $150M led by Left Lane Capital, Smash Capital, Wells Fargo, and Prosus Ventures
Other Financing Round (2024): $200M supported by General Catalyst, Prosus, Camber Creek, and Eldridge Industries
Other Financing Round (2024): $150M featuring University of Illinois, Ontario Teachers Pension Plan, and The Vanderbilt University
Other Financing Round (2025): $250M backed by GID, General Catalyst, and United Wholesale Mortgage
Key Investors in Bilt Technologies
General Catalyst
A venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, providing strategic capital to accelerate growth.
Prosus
A global consumer internet group and one of the largest technology investors in the world, specializing in fintech, food delivery, and online classifieds.
Wells Fargo
A leading U.S. financial services firm providing banking, lending, investment, and mortgage solutions with an extensive national branch network.
What's next for Bilt Technologies?
Looking ahead, Bilt Technologies is poised to deepen its integration within the housing and mortgage sectors. Having already expanded into student housing and mortgage payment collaborations with United Wholesale Mortgage, the company is well-positioned to capture additional market share in the broader real estate finance ecosystem. The recent influx of capital will likely be deployed to accelerate product development, expand the merchant network, and enhance the platform's travel and financial services capabilities.
As Bilt continues to scale, its focus remains on building a seamless, end-to-end financial experience that incentivizes responsible payment behavior while providing tangible benefits to its 5 million-plus members. With a valuation reaching 10.75 billion dollars in 2025, the company is transitioning from a high-growth startup to a foundational pillar of the modern residential commerce landscape.
