"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."
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.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]