Blend
San Francisco, California, United States
2021 Revenue
$119.1M
Customers
250
Funding
$665M
Avg ACV
$476.3K
Team · 2020
557
Founded
2012
Blend Revenue & Funding (2021)
Blend generated $119.1M in revenue in 2021.
Blend helps lenders streamline the customer journey for any banking product from application to close. Its Digital Lending Platform is used by Wells Fargo, U.S. Bank, and over 250 other leading financial institutions to acquire more customers, increase productivity, and deepen customer relationships. The company enables customers to process more than $3.5 billion in mortgages and consumer loans per day, helping millions of consumers get into homes and gain access to the capital they need to lead better lives., Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts
Last updated
Blend Revenue
In 2021, Blend's revenue reached $119.1M. The company previously reported $50.1M in 2020.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Blend Hit $119.1m revenue in February 2021 | Not recorded |
| 2020 | Blend Hit $50.1m revenue in August 2020 | Not recorded |
| 2012 | Launched with $0 revenue |
Blend Valuation, Funding Rounds
Blend has not publicly disclosed its valuation. The company has raised $665M in total funding to date.
Blend has raised $665M in total funding across 6 rounds, most recently a $300M Series G round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series G | $300M | $3.3B | 9% | Not recorded |
| 2020 | Series F | $75M | $1.7B | 4% | Not recorded |
| 2019 | Series E | $130M | $1B | 13% | Not recorded |
| 2017 | Series D | $100M | $487M | 21% | Not recorded |
| 2016 | Series C | $40M | $273M | 15% | Not recorded |
| 2015 | Series B | $20M | $101M | 20% | Not recorded |
| 2013 | Series A | - | $20M | - | Not recorded |
Founder / CEO
Customers
Blend serves 250 customers.
Blend Employees & Team Size
Blend employs approximately 557 people as of 2026, up from 416 in 2019, including 77 sales reps that carry a quota. It serves 250 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 557 employees (December 2020) | Not recorded |
| 2020 | Reached 557 employees (August 2020) | Not recorded |
| 2020 | Reached 508 employees (August 2020) | Not recorded |
| 2020 | Reached 460 employees (June 2020) | Not recorded |
| 2019 | Reached 416 employees (December 2019) | Not recorded |
| 2019 | Reached 400 employees (June 2019) | Not recorded |
| 2018 | Reached 353 employees (December 2018) | Not recorded |
| 2018 | Reached 351 employees (August 2018) | Not recorded |
| 2017 | Reached 175 employees (August 2017) | Not recorded |
| 2016 | Reached 80 employees (January 2016) | Not recorded |
Frequently Asked Questions about Blend
Is Blend a public company?
Yes. Blend is publicly traded.
What is Blend's revenue?
As of 2021, Blend generated $119.1M in revenue.
Who founded Blend?
Blend was founded by Nima Ghamsari.
Who is the CEO of Blend?
The CEO of Blend is Nima Ghamsari.
How much funding does Blend have?
Blend raised $665M across 6 rounds.
How many employees does Blend have?
As of 2020, Blend had 557 employees.
Where is Blend headquartered?
Blend is headquartered in San Francisco, California, United States.
Compare Blend to the industry
Blend operates across multiple industries. Browse revenue, funding, and growth data for Blend in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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