Over $4B in new capital deployed during September. Learn more about some of the ground-breaking rounds that shaped the NYC funding landscape.
Strategically maximizing potential rewards on every dollar you spend is a popular way to earn benefits and travel. However, one of the larger recurring expenses, rent, hasn’t traditionally been an area where you can earn rewards, leaving significant earnings potential on the table. Bilt Rewards is a rewards platform, loyalty program, and branded credit card that offers members a way to earn rewards through their rental payments. The card is available for no annual fee, offers 1x points on rent payments, 2x on travel, and 3x on dining, making it a card that’s versatile enough for everyday use, not just rent. The rewards platform covers 2M+ units across its partner network of the largest rental operators and the credit card can be used to pay rent without fees anywhere; Bilt will send a check on your behalf to your landlord. Not only can earned points can be redeemed in a conventional manner but also for a downpayment on a home purchase and your rewards balance earns interest as well. AlleyWatch caught up with Bilt Rewards CEO and Founder Ankur Jain to learn more about how Bilt locks rewards for the 109M Americans that are renters, the company, strategic plans, and recent round of funding from Wells Fargo, Mastercard Blackstone, AvalonBay Communities, Douglas Elliman, Equity Residential, GID, LENx, The Moinian Group; Morgan Properties, Related Group, and Starwood Capital Group.
20 new startup deals totaling $660M+ in new funding for NYC startups last week. NYC Tech News for the week ending 9/25 featuring news for Broker Genius, Chapter, Dash, and much, much more.
$130M in new funding! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/21/2021 featuring funding details for Pager, Bilt Rewards, and much more.
COVID has brought contactless to the forefront in situations where technology can replace human interaction. This societal shift has had a significant impact on the real estate industry, forcing it to reexamine how to better serve and communicate in times where in-person interactions are not advisable. MeetElise has built an AI personal assistant that helps leasing agents manage the rental process and respond immediately to prospect leads, questions, and even schedule guided tours. The company’s growth is up 50% during COVID. CEO Minna Song shares more about how the platform is simplifying the rental process with AI, how leasing agents are reclaiming 2-3 hours a day with automation, and the company’s recent funding from investors that include Navitas Capital, AvalonBay Communities, and Equity Residential