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Bilt Raises $250 Million and Expands Loyalty Program to All Housing Categories

  • Bilt raised $250 million and expanded its loyalty program to include all housing categories.
  • The loyalty program, initially for rent payments, now covers condo HOA fees, student housing payments, and mortgage payments.
  • Bilt's program allows members to pay with points at local merchants and offers personalized recommendations through an AI-powered 'neighborhood concierge.'
  • The funding round valued Bilt at $10.75 billion, with recent acquisitions aimed at strengthening analytics and engagement with neighborhood merchants.

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