BILT Secures $21 Million Series B Funding with Silverton Lead

BILT Incorporated, headquartered in Grapevine, Texas, has successfully closed a $21 million Series B funding round primarily led by Silverton Partners. Other significant contributors include Amex Ventures, Fifth Growth Fund, and Silicon Valley Bank. The goal of this funding is to amplify BILT's operations as the demand for their 3D Intelligent Instructions platform, a leader in the consumer, commercial, and governmental sectors, continues to grow. BILT’s platform is instrumental in furnishing 3D-guided work instructions to a diverse array of clients, including brands such as Weber and Whalen in the consumer sector, as well as commercial giants like Siemens and Clearfield. The instructions span over ten thousand SKUs and are available in 12 languages, benefiting over ten million users. As BILT Chairman & CEO Nate Henderson put it, the company is transforming a conventional stumbling block into an empowering user experience. Silverton Partners, an early-stage investment firm operating in several sectors including consumer and fintech, expressed optimism about BILT’s role in enhancing user experience and consequently boosting profitability. Amex Ventures also sees potential in BILT to revolutionize the interaction between product assembly and commerce opportunities. Their partnership with BILT started with an initiative in 2023 offering American Express merchants discounts on interactive instruction production costs.