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Bilt Rewards Funding Rounds & Valuation History (2022–2025)

Private Valuation & Funding Round Tracker · Bilt Rewards

Bilt Rewards funding rounds & valuation history

Bilt Rewards (now styled Bilt), the New York rent-and-neighborhood rewards and payments company, from its 2022 growth round to the 2025 raise at $10.75B, sourced to Bilt’s newsroom, TechCrunch and Reuters.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
Last closed round Closed
$10.75B
$250M Primary round, 10 Jul 2025 (Bilt)
Up-step, 2025 round
3.47×
$10.75B vs $3.1B (GNF calc.)
Total raised
About $813M
~$213M by Oct 2022 (TechCrunch) + $200M + $150M + $250M (GNF calc.)
Latest signal Closed
$10.75B
Still the latest stated valuation (Fortune, May 2026)

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Bilt Rewards funding rounds, October 2022 to July 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Primary roundBilt calls it “new primary funding”. Step-up is against the last stated valuation ($3.1B, Jan 2024); the Aug 2024 round did not state one.
$250M
General Catalyst, GIDWith: United Wholesale Mortgage
$10.75BStated by Bilt (“valuing our company at $10.75 billion”); pre- or post-money not stated; Reuters rounds to $10.8B3.47× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Additional funding
$150M
Teachers’ Venture Growth (Ontario Teachers’ Pension Plan)With: Existing investors; Vanderbilt University Endowment; University of Illinois Foundation
—Not disclosedNo new valuation stated by Bilt; the release refers back to the January 2024 $3.1B
—Not disclosedNo run-rate stated in the announcement
Closed round
Equity investmentTechCrunch: more than doubles the October 2022 valuation.
$200M
General CatalystWith: Eldridge; existing Left Lane Capital, Camber Creek, Prosus Ventures
$3.1BStated by Bilt (“catapults the company’s valuation to $3.1 billion”); basis not stated2.07× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Growth roundTechCrunch: Bilt had raised $60M at a $350M valuation about a year earlier; total funding about $213M after this round.
$150M
Left Lane CapitalWith: Smash Capital, Wells Fargo, Greystar, Camber Creek, Fifth Wall, Prosus Ventures
$1.5BStated by Bilt (“values Bilt Rewards at $1.5 billion”); basis not stated
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.). Talks, tenders and rounds without a stated valuation carry no step-up.

Valuation at each closed round

Closed rounds with a stated or reported valuation. Talks, tenders and rounds without a valuation are in the table, not the chart.

Sources: Bilt; Reuters; TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 25 Oct 2022 · Closed

    Growth round: $150M at $1.5B, led by Left Lane Capital.

  2. 24 Jan 2024 · Closed

    Equity investment: $200M at $3.1B, led by General Catalyst.

  3. 1 Aug 2024 · Closed

    Additional funding: $150M, led by Teachers’ Venture Growth (Ontario Teachers’ Pension Plan).

  4. 10 Jul 2025 · Closed

    Primary round: $250M at $10.75B, led by General Catalyst, GID.

Still private: Bilt has not filed for an IPO and is not owned by a listed company. No round has been announced since July 2025; Fortune still cited the $10.75B valuation in May 2026 (Fortune).

Cite this dataset

Free to quote with a link back. Copy this citation:

Bilt Rewards Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/bilt-rewards/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
bilt-rewards-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/bilt-rewards-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The 2021 $60M round at $350M (mentioned by TechCrunch but not separately sourced here), credit-card partner agreements with Wells Fargo or Cardless, and secondary-market price estimates.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 3, not yet published).

Sources

  1. Bilt: Bilt Raises $250 Million at $10.75 Billion Valuation…, 10 Jul 2025
  2. Reuters: Bilt valued at $10.8 billion in latest funding round, 10 Jul 2025
  3. Bilt: Bilt Rewards Secures $150 Million in Additional Funding Led by Ontario Teachers’ Pension Plan Growth, 1 Aug 2024
  4. Bilt: Bilt Rewards Announces $200 Million Raise Valuing Company at $3.1 Billion, 24 Jan 2024
  5. TechCrunch: General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B, 24 Jan 2024
  6. Bilt: Bilt Rewards Valued at $1.5 Billion in New Financing…, 25 Oct 2022
  7. TechCrunch: Bilt Rewards’ valuation jumps to $1.5B following new $150M growth round, 25 Oct 2022