About Blend
Blend is a company based in San Francisco (United States) founded in 2012 by Nima Ghamsari. It operates as a SaaS (Software-as-a-Service) and Managed Services. Blend has raised $647.5 million across 11 funding rounds from investors including BMO, Lennar and Lightspeed Venture Partners. The company has 540 employees as of December 31, 2024. Blend has completed 1 acquisition, including Title365. Blend offers products and services including Home Lending Suite and Consumer Banking Suite. Blend operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Infibeam Avenues and Mambu, among others.
- Headquarter San Francisco, United States
- Employees 540 as on 31 Dec, 2024
- Founders Nima Ghamsari
- Stage Public
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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 Labs, Inc.
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Annual Revenue
$162.02 M (USD)3.3as on Dec 31, 2024
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Net Profit
-$60.48 M (USD)67.36as on Dec 31, 2024
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EBITDA
-$36.26 M (USD)71.11as on Dec 31, 2024
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Total Equity Funding
$647.5 M (USD)
in 11 rounds
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Latest Funding Round
$150 M (USD), Post-IPO
Apr 29, 2024
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Investors
BMO
& 17 more
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Employee Count
540
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Blend
Blend is a publicly listed company on the NYSE with ticker symbol BLND in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Blend
Blend offers a comprehensive portfolio of products and services, including Home Lending Suite and Consumer Banking Suite.
Digital journeys for mortgage and home equity are provided.
Unified experiences across banking products are delivered digitally.
People of Blend
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Funding Insights of Blend
Blend has successfully raised a total of $647.5M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150 million completed in April 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.
Investors in Blend
Blend has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include BMO, Lennar and Lightspeed Venture Partners.
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Venture and private equity investments are managed with global diversification.
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Investing in B2B software and fintech for the financial services economy.
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Investor details for Blend
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- Investor domains
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Investments & Acquisitions by Blend
Blend has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Title365.
Investment portfolio details for Blend
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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App-based title insurance and settlement services are provided.
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Complete acquisition details for Blend
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Blend
Detailed financials for Blend
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Blend Comparisons
Peer comparison for Blend
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Competitors of Blend
Blend 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 Fiserv, Comviva, Jack Henry, Infibeam Avenues and Mambu, among others.
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Diversified financial solutions for business processing and management are provided.
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Software platforms for telecommunications, digital payments, and experiences are provided.
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Banking and payments solutions are provided through a dedicated platform.
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Digital payment solutions and enterprise software platforms are provided.
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API-enabled open banking platform is provided for financial institutions.
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Detailed competitors of Blend
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Verified entity values are shown only after access is granted.
Latest news on Blend
Complete news archive for Blend
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Blend
Blend was founded in 2012.
Blend is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Blend is a funded company, having raised a total of $647.5M across 11 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Blend is 540.
Annual revenue of Blend is $162.02M as on Dec 31, 2024.
Blend is engaged in delivering digital lending and banking solutions for financial institutions. Services are focused on mortgage originations, home equity, and consumer banking through a unified platform. Sectors served include banks, credit unions, independent mortgage banks, and mortgage servicers. Solutions are designed to streamline processes, automate workflows, and enhance customer experiences with personalized, frictionless interactions. Integrations with trusted partners are utilized to maximize technology investments and adapt to market changes rapidly.
Blend offers Home Lending Suite and Consumer Banking Suite.
Yes, Blend is publicly traded on NYSE under the ticker symbol BLND.
Blend has made 1 acquisition, including Title365.
Blend has 18 investors. Key investors include BMO, Lennar, Lightspeed Venture Partners, General Atlantic, and Fifth Wall.
The ticker symbol of Blend is BLND on NYSE.