BILT Secures $21 Million Series B Funding to Scale 3D Instructions Platform

Quick Summary:

"We are excited to play a role in fueling BILT’s growth through our investment and the referral partnership we facilitated with our Global Merchant and Network Services business.”  In 2023, BILT teamed up with American Express to offer eligible merchants a discount on production costs for 3D interactive instructions.

The funding will be used to expand operations as demand for 3D interactive and extended reality (XR) immersive instructions increases.  BILT is the leading platform for 3D-guided work instructions, serving consumer, commercial, and government customers.

"Whether it’s a consumer assembling a product, a professional technician improving efficiency, or a military maintainer cross-skilling, BILT delivers clarity, precision, and confidence.”  Silverton Partners, an early-stage firm investing in consumer, healthcare, enterprise, and fintech companies sees BILT as a catalyst in increasing brand loyalty, profitability, and performance.

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Article Details

Author / Journalist: BILT

Category: Technology

Markets: China

Topics: Funding Intelligent Bilt Experience Silverton Ventures Growth Instructions Amex Brands Consumer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 14:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24436632

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