Launched by Kairos HQ in June 2021, Bilt Rewards is the first-ever loyalty program that allows renters to earn points on rent with no fees and builds a path towards homeownership. Through a partnership with the country's largest owners including AvalonBay Communities, Equity Residential, Related, Starwood Capital Group and more, Bilt Rewards enables renters in more than two million units across the country to earn points just by paying rent. Bilt Rewards boasts one of the highest value rewards programs on the market today, including one-to-one point transfers to 9 loyalty programs allowing travel across over 100 major airlines and hotel partners; fitness classes at the country's top boutique studios including SoulCycle, Rumble and Y7; limited-edition and exclusive collections of art and home decor through the Bilt Collection, and the ability to use Bilt points for rent credits or towards a future downpayment. Bilt has also partnered with Mastercard to create the Bilt Mastercard - the first and only credit card that can be used to pay rent with no fees. Bilt is a Kairos company.

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Funding Events

Date	Amount	Type	Investors	Valuation
09/21/21	$60,000,000	Growth	AvalonBay Communities Blackstone Douglas Elliman Equity Residential GID LENx MasterCard Morgan Properties New Valley Ventures Related Group The Moinian Group Wells Fargo & Company	undisclosed
10/25/22	$150,000,000	Growth	Camber Creek Fifth Wall Greystar Invitation Homes Left Lane Capital Prosus Ventures Smash Capital Wells Fargo & Company	$1,500,000,000