Bilt Rewards

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

A note from Ankur Jain, CEO & Founder of Bilt Rewards.

Did you know that rent payments don't necessarily contribute to your credit score? Not only does Bilt already enable you to report your rent payments to the three major credit bureaus—we've just launched an industry-first program that lets you earn points on the purchase of a home when you do so with an eXp Realty agent. This first-of-its-kind program awards one point for every $2 of a home's purchase price—meaning a $400,000 home purchase could earn up to 200,000 valuable Bilt Points—which are redeemable for travel, fitness classes, and more. Through Bilt’s app, renters can monitor their credit score and track their progress toward mortgage qualification, and view available homes based on best estimates of an all-in monthly payment—making it easier to compare the monthly cost of homeownership to their current rent. Read more about it on Fox Business: https://bit.ly/3CBwoVR

🎉 Big moves at Bilt Rewards! We're thrilled to unveil our new office space, designed to match the innovative spirit that helped us revolutionize rent payments and rewards in your neighborhood. Our growing team now has more room to collaborate on creating amazing reward experiences for our members. 🎉

Last week, we hosted our Q4 Onboarding Ceremony, during which 16 new hires from the past few months received their Bilt Bomber Jackets! We hosted our event at our Bilt Dining Partner, 23Grand. We cannot wait to keep adding new milestones to every employee's jacket as we continue to grow. Want to join our team? Check out our open roles here: https://lnkd.in/gGvU6VQE

Thrilled to share that Bilt Rewards has been awarded the Golden Loyalty Award for Best Loyalty Partnership! This award is particularly meaningful as it validates our commitment to building strong, lasting relationships with our partners while delivering value to our members. This win positions us among the industry leaders in partnership excellence. We're so grateful to everyone on our team who made this possible! #biltrewards #biltforyou

We are excited to announce TAP Air Portugal as our newest airline transfer partner! Now, Bilt Members can transfer their points to TAP Air Portugal’s Miles&Go program, unlocking even more incredible travel destinations across Europe, Africa, and the Americas. At Bilt Rewards, we’re always looking for ways to make our Members’ experiences even better, and with TAP Air Portugal, we’re offering more flexibility and opportunities to turn their rent payments and spend in their neighborhood into unforgettable travel experiences. Thank you to both teams for their hard work and dedication to reach the finish line of launching this new partnership! Learn more here: https://lnkd.in/e48tdyhN #BiltRewards #TAPAirPortugal

We are thrilled to share that we have officially launched ALL - Accor Live Limitless, the loyalty program of Accor, as our newest loyalty and transfer partner here at Bilt. This new partnership will provide our members with unmatched value with an industry-best point transfer rate of 3:2, and expands travel options with no blackout dates and the flexibility to combine points and cash. This means more luxurious stays at Accor’s 5,700+ properties worldwide, including Fairmont Hotels & Resorts, Raffles Hotels & Resorts, and Sofitel. Our teams have worked tirelessly to launch this amazing addition to Bilt's suite of partners and we are so excited for this benefit to now be live for our members. https://lnkd.in/eAsSV5K7

Last week, we had the incredible opportunity for our Founder and CEO, Ankur Jain, to take the stage at the Forbes 30 Under 30 Summit in Cincinnati, Ohio. During this exciting event, Ankur shared the inspiring journey of Bilt and the innovative work we’re doing to change how people engage with loyalty and rewards programs. It was a fantastic conversation with Forbes’ CEO, Michael Federle, discussing the future of fintech, housing, and what it takes to build a brand that is redefining the way we live. Check out the full discussion here! https://lnkd.in/eHbBkKn9