Bilt Raises $250 Million at $10.75 Billion Valuation to Accelerate Housing and Neighborhood Commerce Platform

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Bilt has raised $250 million at a $10.75 billion valuation to scale its housing and neighborhood commerce platform, with backing from General Catalyst, GID, and United Wholesale Mortgage. The proptech has evolved from offering rent rewards into a comprehensive loyalty ecosystem, connecting residents, property managers, and over 40,000 local merchants, and is projected to surpass $1 billion in revenue by Q1 2026. With new ventures into student housing, condos, mortgages, and the upcoming Bilt Card 2.0 suite, Bilt is deepening its position as a leader at the intersection of housing, payments, and community-driven commerce.

Bilt Raises $250 Million at $10.75 Billion Valuation to Accelerate Housing and Neighborhood Commerce Platform