Blend

San Francisco, United States Founded: 2012 • Age: 14 yrs Listed
Digital solutions for mortgage and consumer lending are provided.

About Blend

Blend is a publicly listed company based in San Francisco (United States) founded in 2012 by Nima Ghamsari. Digital solutions for mortgage and consumer lending are provided. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Blend has raised $685 million across 11 funding rounds from investors including BMO, Lennar and Lightspeed Venture Partners. The company has 742 employees. Blend has completed 1 acquisition, including Title365. Blend was last valued at $4 billion in July 2021. Its website blend.com draws about 64 thousand monthly visits. Its Indian entity Blend Labs India Private Limited reported revenue of β‚Ή11.71 Cr. Blend offers products and services including Home Lending Suite and Consumer Banking Suite. Its focus areas include Banking Technology and Digital Lending Platforms. Its competitors include Fiserv, Jack Henry and Alkami; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters San Francisco, United States
  • Employees 742
  • Founders Nima Ghamsari
  • Stage Public
  • Sectors
    Financial Services
  • Website blend.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Blend Labs, Inc.
Key Metrics
  • Indian entity revenue
    ₹11.71 Cr

    FY 2025 · -69% YoY

  • Indian entity net loss
    -₹77.7 Lakh

    FY 2025 · -7% margin

  • Indian entity EBITDA
    ₹1.87 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $685M (USD)

    in 11 rounds

  • Latest Funding Round
    $150M (USD), Post-IPO

    Apr 2024

  • Investors
    BMO

    & 38 more

  • Employee Count
    742
  • Investments & Acquisitions

Products & Services of Blend

Blend offers a comprehensive portfolio of products and services, including Home Lending Suite and Consumer Banking Suite.

Home Lending Suite
Digital Lending

Digital journeys for mortgage and home equity are provided.

Consumer Banking Suite
Digital Banking

Unified experiences across banking products are delivered digitally.

Apps and channels of Blend

Blend publishes 1 mobile app with over 5K+ downloads.

Blend Agent
Google Play Productivity Everyone Free 5K+ downloads
Developer: Blend Labs
View on Google Play

Funding Insights of Blend

Blend has successfully raised a total of $685M 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.

  • Total Funding $685M
  • Total Rounds 11
  • Last Round Post-IPO β€” $150M
  • First Round $2.5M

    (Jun 2012)

  • Investors Count 39

Latest 10 of 11 funding rounds of Blend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024$150MPost-IPO––
Apr 2022$46.34MPost-IPO––
–
Jan 2021$300MSeries G–Coatue, Tiger Global Management
Aug 2020$75MSeries F–Canapi Ventures
Jun 2019$130MSeries E–Temasek, General Atlantic
May 2019Series D–Salesforce Ventures
–
Mar 2018Series D–Fifth Wall
Aug 2017$100MSeries D–Greylock
Jan 2016$40MSeries C–Founders Fund
Dec 2013Series A––
Valuation history
DateValuationStage
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Last known valuation $4B (Jul 2021). 39 investors in total: 39 institutional.

Investors in Blend

Blend has secured backing from 39 investors, including venture fund and institutional investors. Prominent investors backing the company include BMO, Lennar and Lightspeed Venture Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Provider of an investment platform for various stages
coatue.comNew York, United States
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Investing in B2B software and fintech for the financial services economy.
canapi.com
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Private equity fund focused on global markets
1980generalatlantic.comNew York, United States
Venture capital firm investing in technology, life sciences, and related sectors.
8vc.com
Venture capital firm specializing in early-stage tech investments and founder support.
1965greylock.com
Tech focused Early and growth stage VC firm investing in the US
emcap.comSan Francisco, United States
Venture capital investments in technology and defense sectors.
foundersfund.com
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
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Investor details for Blend

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Board of directors of Blend Labs India Private Limited (Blend)

Blend Labs India Private Limited is the primary company behind Blend. The board of Blend Labs India Private Limited currently have 3 directors; the longest-serving is Amir Vakili Jafari, appointed in 2023. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amir Vakili Jafari
DIN 10314278
Director29 Sep 20233 yrs 1 moBlend Labs India Private Limited
Amit Ashok Samant
DIN 08588392
Director27 Jun 20242 yrs 4 moBlend Labs India Private Limited
Winnie Hoi Wing Ling
DIN 10711412
Director01 Sep 20251 yr 2 moBlend Labs India Private Limited

People of Blend

37 people are tracked at Blend (11 in leadership, 26 in team); the tracked headcount is 742.

NameRoleGroup
Nima Ghamsari
FounderLeadership
Head, Legal & PeopleLeadership
Joey Marquez
Director Of Revenue Accounting And Billing & CollectionsLeadership
Srinivasan Venkatramani
Head Of Product, Technology, And Customer OperationsLeadership
Heather S.
Head of AuditLeadership
Jason Ream
Head of Finance and AdministrationLeadership
Brian Kneafsey
Head of RevenueLeadership
John Whipple
Head Of ProductLeadership
Brigid McKell
Executive Assistant, CEO + C-suiteLeadership
Lakendra Batten
Human Resources Business PartnerLeadership
Don Frank
Head Of Revenue OperationsLeadership
Patrick Fisher
Account ExecutiveTeam
Pouya Daniel Ahmadi
Commercial & Product CounselTeam
Madison McGahey
Product Initiatives & Transformation ManagerTeam
James Oh
Manager, Internal AuditTeam
Robert Doyle
Manager, Enterprise SalesTeam
Gary Albertson
Comsumer Banking Product LeadTeam
Tim Watkins
Solutions EngineerTeam
Catie Muenter
Enterprise SDR ManagerTeam
Lauren Metheney
Senior Manager, Revenue Operations & StrategyTeam

17 more people are available in the full profile.

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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.

  • IPO date16 Jul 2021
  • Listed onNYSE: BLND
  • Listed entityBlend Labs, Inc.
  • Exchange sectorTechnology services
  • ISINUS09352U1088
  • Share price$0.95 (-3.58% on the day) · 2026-10-13
  • Market capitalisation$225.8M
  • EPS (diluted, trailing year)$-0.08
  • Volume (last session)1,206,886

Financials of Blend

Figures of Blend Labs India Private Limited, the primary company behind Blend, for FY 2025. Revenue was ₹11.71 Cr (-69% year on year). Net loss was -₹77.7 Lakh (-7% margin). EBITDA was ₹1.87 Cr (16% margin). Revenue has grown at a compounded annual rate of -1% over three years.

  • ₹11.71 CrRevenue · FY 2025 · -69% YoY
  • -₹77.7 LakhNet loss · -7% margin
  • ₹1.87 CrEBITDA · 16% margin
  • ₹9.40 CrPaid-up capital
  • 282Employees (provident fund records)
  • -1%Revenue CAGR, 3 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$123.6M-$25.9M-$15.4M
2024$115.8M-$60.5M-$38.5M
2023$156.8M-$185.3M-$125.5M
2022$235.2M-$768.6M-$266.8M
2021$234.5M-$171.3M-$174.9M

Balance sheet, profit and loss, cash flow and ratios of Blend Labs India Private Limited are on its company page.

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Detailed financial statements for Blend

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Investments & Acquisitions by Blend

Blend has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Title365.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
App-based title insurance and settlement services are provided.
title365.comNewport Beach, United States2009Mar 2021$500M
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Timeline of Blend

6 dated milestones of Blend across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Blend is founded.
  2. Funding First funding round of $2.5M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Title365.
  5. IPO Lists on the stock exchange (IPO).
  6. Funding Latest funding round, Post-IPO, of $150.0M.

Competitors of Blend

Blend has 3 listed competitors in our database, 1 of them funded. They include Fiserv, Jack Henry and Alkami.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fiserv.com1984United States42,000
Diversified financial solutions for business processing and management are provided.
jackhenry.com1976Monett, United States7,120
Banking and payments solutions are provided through a dedicated platform.
alkami.com2009Plano, United States$422.54M667
Platform offering digital banking software suite for banks and credit unions
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Detailed competitors of Blend

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Web traffic of Blend

The website of Blend (blend.com) receives about 64.4K visits a month.

  • Monthly visits
    64.4K

    ▼ 0.7% vs previous month

Similar websites

Websites whose visitors overlap most with Blend. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fileinvite.com
100%
295.1K#243,106View details
finastra.com
100%
213.5K#188,679View details
ncino.com
63%
159.9K#216,013View details
isoftpull.com
60%
#1,001,402View details
meridianlink.com
60%
1.2M#39,191View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

Top companies in Banking & FinTech Platforms

3 companies that operate in the same segment as Blend (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M237
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Related news about Blend

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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 $685M across 11 funding rounds to date.

Blend has 742 employees.

The primary company behind Blend, Blend Labs India Private Limited, reported revenue of β‚Ή11.71 Cr for FY 2025, down 69% year on year.

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's top competitors include Fiserv, Alkami and Jack Henry.

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 39 investors. Key investors include BMO, Lennar, Lightspeed Venture Partners, General Atlantic, and Fifth Wall.

The valuation of Blend is $4B as of Jul 2021.

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