Companies · Fintech

Bilt Technologies, Inc.

NEW YORK · Fintech · refined from filed group “Other · https://www.bilt.com/

Diligence memoA one-page analyst read on Bilt Technologies, Inc. — recommendation, valuation, rhythm, risks.
$544.7M
Total raised · real
4
Rounds
1.7×
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Jan 22 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Bilt Technologies, Inc. looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.23× the median modeled value of Series D+ Fintech companies in 2022–2024 (5 peers) — value vs value, same stage and era.
  • Within the normal band (123% of peer median) for its niche.
At-risk
  • Last raise 2.4 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Bilt Technologies, Inc. is one of 1063 Fintech companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Bilt is the membership program for where you live, transforming housing payments into valuable rewards while connecting members with exclusive benefits in their neighborhood.

Bilt is the membership program for where you live, transforming housing payments into valuable rewards while connecting members with exclusive benefits in their neighborhood. Transform your largest monthly expense into valuable rewards – earn Bilt Points with every on-time rent payment and unlock exclusive monthly Rent Day® benefits. Members living in Bilt's property network of 6.5M+ homes make payments directly in their resident portal. For members outside of the network, Bilt offers BillPay, a way to earn points on rent at any home. Build your credit history by automatically reporting your on-time rent payments to Experian, Equifax, and TransUnion for free. On the 1st of each month, we drop limited-time benefits – think unparalleled transfer bonuses, unique neighborhood dining experiences, a chance to win free rent and more. Transform your largest monthly expense into valuable rewards – earn Bilt Points with every on-time rent payment and unlock exclusive monthly Rent Day® benefits. Members living in Bilt's property network of 6.5M+ homes make payments directly in their resident portal. For members outside of the network, Bilt offers BillPay, a way to earn points on rent at any h

fintech
Find Bilt – Earn rewards on rent and mortgage. online

Trades publicly as Bilt – Earn rewards on rent and mortgage..

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
26
Investors (latest)
2020
Year incorporated
2024-01-22
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BPre-Seed · 2020-01-23 Raised $300K (real) Modeled valuation $13M (est)$300K$13MPre-Seed2020Series C · 2021-05-26 Raised $49M (real) Modeled valuation $1.2B (est)$49M$1.2BSeries C2021Series D+ · 2022-07-27 Raised $148M (real) Modeled valuation $2.8B (est)$148M$2.8BSeries D+2022Series D+ · 2024-01-22 Raised $200M (real) Modeled valuation $2.6B (est)$200M$2.6BSeries D+2024Series D+ · 2024-01-22 Raised $348M (real) Modeled valuation $4.5B (est)$348M$4.5BSeries D+2024+$49M+$148M+$200M+$348MCumulative $745M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$300K · 2020
Series C$48.7M · 2021no Seed / Series A / Series B on file
Series D+$148.1M · 2022
Series D+ extension$200.0M · 2024
Series D+ extension$347.5M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$4.5B
Base estimate est.
$1.9B
Conservative case
$6.5B
Upside case
$2.9B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $13.1M · 2020-01-232020Series C · modeled $1.2B · 2021-05-26Series D+ · modeled $2.8B · 2022-07-27Series D+ · modeled $2.6B · 2024-01-22Series D+ · modeled $4.5B · 2024-01-222024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
82%
Survival probability
65% low · 90% high
1.30×/yr
Annual markup
1.46×/yr upside case
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$136.3M/yr
Capital velocity
6.4 yr
On record since
2020
First round
5
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 127× above median
This company$544.7M
Sector median$4.3M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 2.4× above median
This company$347.5M
Sector median$145.2M
Modeled value — vs sector median (estimate, all stages) 99× above median
This company$4.5B
Sector median$45.0M

Raised more than 100% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 5.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Groupay Inc. · Series D+ Raised $478.3M · modeled $5.6B (est)Jeeves Inc. · Series D+ Raised $248.3M · modeled $3.6B (est)Heights Management Holdco, LLC · Series D+ Raised $145.2M · modeled $2.7B (est)Frubana Inc · Series D+ Raised $275.0M · modeled $358.3M (est)Bilt Technologies, Inc. (this company) Raised $544.7M · modeled $4.5B (est)Bilt Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Groupay Inc.Series D+$478.3M$5.6B1.55×
Bilt Technologies, Inc. this companySeries D+$544.7M$4.5B1.23×
Jeeves Inc.Series D+$248.3M$3.6B1.00×
Heights Management Holdco, LLCSeries D+$145.2M$2.7B0.75×
Frubana IncSeries D+$275.0M$358.3M0.10×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$300K2020-01-23$1.7M$13.1M90%
Series C$48.7M2021-05-26$325.0M$1.2B90%
Series D+$148.1M2022-07-27$1.2B$2.8B90%
Series D+$200.0M2024-01-22$1.7B$2.6B90%
Series D+$347.5M2024-01-22$2.9B$4.5B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$300K2020-01-23
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Series C$48.7M2021-05-26
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 162.5× larger than the prior — scaling up.
    • 63 investors on this round.
  3. Series D+$148.1M2022-07-27
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 50 investors on this round.
  4. Series D+$200.0M2024-01-22
    • Raised 18 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series D+$347.5M2024-01-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 26 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~12mo cadence
$603.8M
Modeled next size est.range $392.5M$966.1M
1.7×
Last step-up
$136.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Ankur Jain9 other2021-05
Harley Miller8 other2022-07
Alex Fiance1 other2021-05
Kenneth Chenault1 other2024-01
Timothy Mayopoulos1 other2024-01
Alexander Lockwood Klokus2020-01
Ankur Lockwood Jain2020-01
Roger Goodell2024-01
Registry & provenance

Bilt Technologies, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1801852
SEC CIK
2020
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Greenlight Financial Technology, Inc.FintechSeries D+$521.5M$6.4Bsame sector · same stage
Groupay Inc.FintechSeries D+$478.3M$5.6Bsame sector · same stage
Frubana IncFintechSeries D+$275.0M$358.3Msame sector · same stage
Jeeves Inc.FintechSeries D+$248.3M$3.6Bsame sector · same stage
Flutterwave, Inc.FintechSeries D+$229.3M$4.7Bsame sector · same stage
EquipmentShare.com Inc.OtherSeries D+$354.9M$3.5Bnetwork1 shared operator · same stage
TA Fintech Inc.FintechSeries D+$193.0M$954.7Msame sector · same stage
Wealthtech Holdings, LLCFintechSeries D+$188.5M$5.3Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
BILT IncOther TechnologySeed$84.5M75%
Castia
Built Rewards for Latam. Pay Rent and get benefits.
Fintech71%
Bits
Bits is a credit card designed to help people build credit
Fintech70%
Bimaplan
Affordable insurance for the next billion Indians
Fintech70%
Biltmore Technology Solutions Inc.Software / TechSeed$15.7M70%
Covie
Programmatic building blocks for transacting with insurance
Fintech69%
Moreta
Payments made easy for international travelers.
Fintech69%
Memberstack
Build a custom SaaS or membership site with Webflow or Wordpress
Fintech69%
Frequently asked
How much funding has Bilt Technologies, Inc. raised?
Bilt Technologies, Inc. has raised approximately $544.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Bilt Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Bilt Technologies, Inc. is approximately $4.5B (modeled range $1.9B–$6.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bilt Technologies, Inc. at?
Bilt Technologies, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Jan 22.
What does Bilt Technologies, Inc. do and where is it based?
Bilt Technologies, Inc. operates in the Fintech sector, based in NEW YORK. Bilt is the membership program for where you live, transforming housing payments into valuable rewards while connecting members with exclusive benefits in their neighborhood.
Explore related

See where Bilt Technologies, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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