Tech Company Financing Transactions
BILT Funding Round
On 7/30/2021, BILT announced $9 million in financing from Silverton Partners and private investors.
Transaction Overview
Company Name
Announced On
7/30/2021
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Silverton Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to increase sales & marketing and innovate the user experience.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1000 Nolen Dr. 400
Grapevine, TX 76051
USA
Grapevine, TX 76051
USA
Phone
Undisclosed
Website
Email Address
Overview
The concept of a 3D assembly experience originated one evening in June 2012 when a software sales executive attempted to assemble a sandbox for his toddlers. The materials were high quality, but it took way too long because the paper instructions were beyond dismal. His dilemma underscored a job to be done: create something better.
Management Team
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Where The Data Comes From
We report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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