Bilt Powers Up Local Businesses with AI OS

Bilt, known for its rent and mortgage payment technology, is now launching two new platforms to support local businesses and event venues. The company is adapting its operating system, initially built for residential properties, to serve sectors like hospitality, restaurants, and sports.

One key offering is Neighborhood OS, an AI-powered system aimed at attracting customers and fostering repeat business for local establishments. This platform connects existing systems like reservations and payments, enabling businesses to run their own marketing and loyalty campaigns. Ankur Jain, Bilt's founder and CEO, stated that this initiative democratizes access to powerful commerce tools for small businesses.

The second platform is a membership solution for organizations with established customer bases, such as sports teams and hotel groups. Bilt enhances these existing programs with technology that connects them to a network of participating merchants, offering additional benefits. Notable initial members include the Houston Rockets and Hyatt.

Bilt, founded in 2021, initially focused on a rewards program for rent and mortgage payments, aiming to help members build credit history. The company has since expanded into credit cards and now reports 8.2 million members, powering a significant portion of apartment buildings.