About Blend Network
Blend Network is a company based in London (United Kingdom) founded in 2016 by Yann Murciano.. Blend Network has raised $252.43 million across 5 funding rounds from investors including Cyrus Ardalan, Nico Paraskevas and Jean Philippe Blochet. The company has 6 employees as of June 30, 2021. Blend Network offers products and services including P2P Lending Platform and Investment Opportunities. Blend Network operates in a competitive market with competitors including BrickVest, Lendy, Invest and Fund, Proplend and Sensible Lender, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 30 Jun, 2021
- Founders Yann Murciano
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Blend Loan Network Limited
- Date of Incorporation 25 Feb, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$252.43 M (USD)
in 5 rounds
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Latest Funding Round
$63.1 M (USD), Series B
Feb 08, 2024
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Investors
& 3 more
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Employee Count
6
as on Jun 30, 2021
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Products & Services of Blend Network
Blend Network offers a comprehensive portfolio of products and services, including P2P Lending Platform and Investment Opportunities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for peer-to-peer loans to fund property development projects
Service offering high-risk investment options in loans for developers
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Funding Insights of Blend Network
Blend Network has successfully raised a total of $252.43M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $63.1 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $63.1M
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First Round
First Round
(09 Nov 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Blend Network | Valuation |
investors |
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| Apr, 2022 | Amount | Series B - Blend Network | Valuation | Cyrus Ardalan , Nico Paraskevas | |
| Feb, 2022 | Amount | Series A - Blend Network | Valuation | Nico Paraskevas |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blend Network
Blend Network has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Cyrus Ardalan, Nico Paraskevas and Jean Philippe Blochet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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CA
Cyrus Ardalan |
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Founded Year | Domain | Location |
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NP
Nico Paraskevas |
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Founded Year | Domain | Location |
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JP
Jean Philippe Blochet |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blend Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blend Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blend Network Comparisons
Competitors of Blend Network
Blend Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BrickVest, Lendy, Invest and Fund, Proplend and Sensible Lender, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an online platform for commercial real estate debt finance solutions
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| domain | founded_year | HQ Location |
P2P lending is facilitated for property bridging and development finance.
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| domain | founded_year | HQ Location |
P2P lending platforms for commercial property loans.
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| domain | founded_year | HQ Location |
Investor-funded commercial property loans are provided via an online platform.
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| domain | founded_year | HQ Location |
Provides a P2P lending platform for loans secured against commercial real estate.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blend Network
Frequently Asked Questions about Blend Network
When was Blend Network founded?
Blend Network was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Blend Network located?
Blend Network is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Blend Network?
Yann Murciano is the current CEO of Blend Network. They have also founded this company.
Is Blend Network a funded company?
Blend Network is a funded company, having raised a total of $252.43M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.58M, raised on Nov 09, 2018.
How many employees does Blend Network have?
As of Jun 30, 2021, the latest employee count at Blend Network is 6.
What does Blend Network do?
Blend Network was founded in 2016 in London, United Kingdom, within the fintech sector. A peer-to-peer marketplace is operated to connect borrowers seeking commercial mortgage financing with individual and institutional investors. Collateral assets are required as security for loans. Applications are submitted with necessary details, and upon approval, funds are transferred to borrowers registered bank accounts. Operations focus on enabling direct lending transactions.
Who are the top competitors of Blend Network?
Blend Network's top competitors include BrickVest, Lendy and Invest and Fund.
What products or services does Blend Network offer?
Blend Network offers P2P Lending Platform and Investment Opportunities.
Who are Blend Network's investors?
Blend Network has 4 investors. Key investors include Cyrus Ardalan, Nico Paraskevas, Jean Philippe Blochet, and Maurice Levy.
What is Blend Network's valuation?
The valuation of Blend Network is $33.55M as of Oct 2021.