Bilt Rewards’ Post

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