Bilt Rewards was founded in 2021 by Ankur Jain. Bilt Rewards has not officially endorsed a plan to participate in an IPO.
Bilt Rewards is a personal finance platform aimed at renters, offering rewards to users who pay their rent through Bilt. Per Forge data, Bilt Rewards raised $413.3 million in funding over 5 rounds. Their latest funding was raised on Jan 24, 2024. Key investors include General Catalyst, Kairos HQ, and Left Lane Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/24/2024 | Series Growth 3 | $350MM | $xx.xx | $3.25B | General Catalyst, Eldridge, Left Lane Capital, Camber Creek, Prosus Ventures, Teachers� Venture Growth, Vanderbilt University Endowment, University of Illinois Foundation | |
Price per Share
$xx.xx
Shares Outstanding
2,404,637
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Catalyst, Eldridge, Left Lane Capital, Camber Creek, Prosus Ventures, Teachers� Venture Growth, Vanderbilt University Endowment, University of Illinois Foundation
|
||||||
10/25/2022 | Series Growth 2 | $150MM | $xx.xx | $1.48B | Left Lane Capital, Smash Capital, Wells Fargo, Greystar, Invitation Homes, Camber Creek, Fifth Wall, Prosus Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,871,272
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Left Lane Capital, Smash Capital, Wells Fargo, Greystar, Invitation Homes, Camber Creek, Fifth Wall, Prosus Ventures
|
||||||
09/21/2021 | Series Growth 1b | $3.75MM | $xx.xx | $349.96MM | Wells Fargo, Mastercard, Blackstone, AvalonBay Communities, Douglas Elliman, New Valley Ventures, Equity Residential, GID, LEN_, Morgan Properties, Related Group, Starwood Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
1,554,126
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Wells Fargo, Mastercard, Blackstone, AvalonBay Communities, Douglas Elliman, New Valley Ventures, Equity Residential, GID, LEN_, Morgan Properties, Related Group, Starwood Capital Group
|
||||||
09/21/2021 | Series Growth 1a | $45.49MM | $xx.xx | $349.96MM | Wells Fargo, Mastercard, Blackstone, AvalonBay Communities, Douglas Elliman, New Valley Ventures, Equity Residential, GID, LEN_, Morgan Properties, Related Group, Starwood Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
1,885,341
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Wells Fargo, Mastercard, Blackstone, AvalonBay Communities, Douglas Elliman, New Valley Ventures, Equity Residential, GID, LEN_, Morgan Properties, Related Group, Starwood Capital Group
|
||||||
09/01/2020 | Series Seed | $3.9MM | $xx.xx | $13MM | Kairos | |
Price per Share
$xx.xx
Shares Outstanding
2,773,215
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kairos
|