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 | Camber Creek, Eldridge, General Catalyst, Left Lane Capital, Prosus Ventures, Teachers� Venture Growth, University Of Illinois Foundation, Vanderbilt University Endowment | |
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
--
Key Investors
Camber Creek, Eldridge, General Catalyst, Left Lane Capital, Prosus Ventures, Teachers� Venture Growth, University Of Illinois Foundation, Vanderbilt University Endowment
|
||||||
10/25/2022 | Series Growth 2 | $150MM | $xx.xx | $1.48B | Camber Creek, Fifth Wall, Greystar, Invitation Homes, Left Lane Capital, Prosus Ventures, Smash Capital, Wells Fargo | |
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
--
Key Investors
Camber Creek, Fifth Wall, Greystar, Invitation Homes, Left Lane Capital, Prosus Ventures, Smash Capital, Wells Fargo
|
||||||
09/21/2021 | Series Growth 1b | $3.75MM | $xx.xx | $349.96MM | Avalonbay Communities, Blackstone, Douglas Elliman, Equity Residential, Gid, Len_, Mastercard, Morgan Properties, New Valley Ventures, Related Group, Starwood Capital Group, Wells Fargo | |
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
--
Key Investors
Avalonbay Communities, Blackstone, Douglas Elliman, Equity Residential, Gid, Len_, Mastercard, Morgan Properties, New Valley Ventures, Related Group, Starwood Capital Group, Wells Fargo
|
||||||
09/21/2021 | Series Growth 1a | $45.49MM | $xx.xx | $349.96MM | Avalonbay Communities, Blackstone, Douglas Elliman, Equity Residential, Gid, Len_, Mastercard, Morgan Properties, New Valley Ventures, Related Group, Starwood Capital Group, Wells Fargo | |
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
--
Key Investors
Avalonbay Communities, Blackstone, Douglas Elliman, Equity Residential, Gid, Len_, Mastercard, Morgan Properties, New Valley Ventures, Related Group, Starwood Capital Group, Wells Fargo
|
||||||
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
--
Key Investors
Kairos
|