Bilt Technologies has filed a notice of an exempt offering of securities to raise $250,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Bilt Technologies is raising up to $250,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ankur Jain played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Bilt Technologies
Bilt Rewards is the first-ever rewards program that allows renters to earn points on rent and builds a path towards homeownership. With an alliance of the nations largest real estate owners, Bilt Rewards will enable renters in more than two million units across the country to earn points just by paying rent. Launched in June 2021, Bilt Rewards boasts one of the highest value rewards programs on the market today, including one-to-one point transfers for travel across over 100 major airlines and hotel partners; fitness classes at the countrys top boutique studios; limited-edition and exclusive collections of art and home decor through the Bilt Collection, and the ability to use points for rent credits or towards a future downpayment. Bilt has also partnered with Mastercard and Wells Fargo to create the Bilt Mastercard – the first and only credit card that can be used to pay rent with no fees. In October 2022, we announced a valuation of $1.5 billion following a $150 million growth round to advance our loyalty program and credit card for renters.
To learn more about Bilt Technologies, visit http://www.biltrewards.com/
Contact:
Ankur Jain, Chief Executive Officer
844-822-2458
https://www.linkedin.com/in/ankurjainkairos/
SOURCE: http://www.intelligence360.io
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