{"id":15613,"date":"2024-01-30T17:21:42","date_gmt":"2024-01-31T01:21:42","guid":{"rendered":"https:\/\/rentalrealestate.com\/?p=15613"},"modified":"2024-01-30T17:24:52","modified_gmt":"2024-01-31T01:24:52","slug":"bilt-rent-mortgage-rewards-valued-3-1-billion","status":"publish","type":"post","link":"https:\/\/rentalrealestate.com\/bilt-rent-mortgage-rewards-valued-3-1-billion\/","title":{"rendered":"Rent and Mortgage Rewards Company Bilt Valued at $3.1 Billion"},"content":{"rendered":"\n

Bilt Rewards (\u201cBilt\u201d)<\/a>, the leading loyalty platform specializing in rent and neighborhood rewards, today announced a $200 million equity investment, led by General Catalyst, with significant contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This catapults the company’s valuation to $3.1 billion.<\/p>\n\n\n\n

Bilt welcomes Ken Chenault as Chairman of its Board of Directors. Chenault is Chairman and Managing Director of General Catalyst, and the former Chairman and CEO of American Express. Joining him on the Board is Roger Goodell, the Commissioner of the NFL, who takes on the role of Independent Director.<\/p>\n\n\n\n

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Launched in April 2022, Bilt began as the first platform enabling U.S. consumers to earn valuable rewards on their largest monthly expenditure \u2013 rent. The platform enables rewards at any residential rental property in the United States and has accelerated their growth through the creation of the Bilt Rewards Alliance<\/a>, a partnership with the country’s leading residential real estate companies, now encompassing almost four million households, committing to Bilt as their payments and rewards platform.<\/p>\n<\/div>\n\n\n\n

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