Bilt's recent $250 million funding round is led by General Catalyst and GID, driving its valuation to $10.75 billion. The funding supports expansion into mortgages, condo HOAs, and student housing. Bilt is forming direct partnerships with loan servicers, bolstered by a $100 million investment from United Wholesale Mortgage. Established in June 2021, Bilt claims it has access to one in four apartment buildings in the U.S., having partnered with 70% of the nation's leading property managers. The firm seeks to enhance rewards for living arrangements and is set to launch Bilt Card 2.0 in February 2026.
Bilt has secured a $250 million funding round led by General Catalyst and GID, bringing its valuation to $10.75 billion, to expand its housing ecosystem.
The company aims to launch direct partnerships with loan servicers in the mortgage space, backed by a $100 million investment from United Wholesale Mortgage.
Bilt has reached a network of homes in one in four U.S. apartment buildings by partnering with 70% of the nation's top property managers since its June 2021 launch.
As Bilt continues scaling, focusing on making living more rewarding remains a core mission for the company, as indicated by CEO Ankur Jain.
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