BILT Incorporated raised $21M in a Series B funding round led by Silverton Partners to scale their 3D Intelligent Instructions platform.
Dec 16, 2024•12 months ago
Amount Raised
$21 Million
Round Type
series b
Investors
Silicon Valley BankFifth Growth FundAmex VenturesSilverton Partners
Description
BILT Incorporated has closed a $21 million Series B funding round. The investment, led by Silverton Partners with participation from Amex Ventures, Fifth Growth Fund, and Silicon Valley Bank, will be used to expand operations amidst increasing demand for 3D interactive instructions.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech