Blend revenue hit $119.1M in 2024

Blend generates revenue from 250 customers

Blend

415-Kearny St, San Francisco, California, 94108, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Blend hit $119.1M revenue and 250 customers 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

Founded

2012

Founded

Revenue

$119.1M

2021 Revenue

YOY

137.52%

YOY

Funding

$665M

Funding

Blend Revenue

In 2021, Blend revenue run rate hit $119.1M in revenue.

  • 2021

    Blend hit $119.1M in revenue in 2021

  • 2020

    Blend hit $50.1M in revenue in 2020

  • 2012

    Blend launched in 2012 with $0 revenue

Blend Funding History

  • 2021 Secondary Market

    Blend raised a Secondary Market of in February, 2021

  • 2021 Series G

    Blend raised a Series G of in January, 2021

  • 2020 Series F

    Blend raised a Series F of in August, 2020

  • 2019 Series E

    Blend raised a Series E of in June, 2019

  • 2018 Secondary Market

    Blend raised a Secondary Market of in August, 2018

  • 2017 Series D

    Blend raised a Series D of in August, 2017

  • 2016 Series C

    Blend raised a Series C of in January, 2016

  • 2015 Series B

    Blend raised a Series B of in July, 2015

  • 2013 Series A

    Blend raised a Series A of in December, 2013

  • 2012 Seed Round

    Blend raised a Seed Round of in January, 2012

FUNDING DATE ROUND AMOUNT VALUATION
February, 08 2021 Secondary Market
January, 13 2021 Series G
August, 12 2020 Series F
June, 24 2019 Series E
August, 30 2018 Secondary Market
August, 24 2017 Series D
January, 20 2016 Series C
July, 15 2015 Series B
December, 12 2013 Series A
January, 06 2012 Seed Round

Team

Blend has 557 total employees and 77 sales reps that carry a quota. They have 250 customers an engineering team of 141 and a marketing team of 24.

DISTRIBUTION QTY
Total team size 557
Engineer 141 (25%)
Sales 77 (14%)
Marketing 24 (4%)

Founder / CEO

Nima Ghamsari

Q&A

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Customers

Churn

Blend Executives

Name Position Working Email Personal Email
Nima Ghamsari CEO [email protected] -

Blend Employees

Name Position Working Email Personal Email
Nima Ghamsari CEO [email protected] -

Frequently Asked Questions about Blend

  • When was Blend founded?

    Blend was founded in 2012.

  • How much revenue does Blend generate?

    Blend generates $119.1M in revenue.

  • Who is the CEO of Blend

    The CEO of Blend is Nima Ghamsari.

  • How much funding does Blend have?

    Blend raised $665M.

  • How many employees does Blend have?

    Blend has 557 employees.

  • Where is Blend headquarters?

    Blend is headquartered at 415-Kearny St, San Francisco, California, 94108, United States

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