Blend
Valuation
$3.3B
2021 Revenue
$119.1M
Customers
250
Funding
$665M
Avg ACV
$476.3K
Team
557
Founded
2012
How Blend CEO Nima Ghamsari grew Blend to $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
Last updated
Blend Revenue
In 2021, Blend's revenue reached $119.1M. The company previously reported $50.1M in 2020. Since its launch in 2012, Blend has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Blend Hit $119.1m revenue in February 2021 | |
| 2020 | Blend Hit $50.1m revenue in August 2020 | |
| 2012 | Launched with $0 revenue |
Blend Valuation, Funding Rounds
Blend reached a $3.3B valuation in 2021, set during its Series G round.
Blend has raised $665M in total funding across 6 rounds, most recently a $300M Series G round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Series G | $300M | $3.3B | 9% | |
| 2020 | Series F | $75M | $1.7B | 4% | |
| 2019 | Series E | $130M | $1B | 13% | |
| 2017 | Series D | $100M | $487M | 21% | |
| 2016 | Series C | $40M | $273M | 15% | |
| 2015 | Series B | $20M | $101M | 20% |
Blend Employees & Team Size
Blend employs approximately 557 people as of 2026, up from 416 in 2019.
Blend has 557 total employees in different roles and functions and 77 sales reps that carry a quota. They have 250 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 557 employees (December 2020) |
| 2020 | Reached 557 employees (August 2020) |
| 2020 | Reached 508 employees (August 2020) |
| 2020 | Reached 460 employees (June 2020) |
| 2019 | Reached 416 employees (December 2019) |
| 2019 | Reached 400 employees (June 2019) |
| 2018 | Reached 353 employees (December 2018) |
| 2018 | Reached 351 employees (August 2018) |
| 2017 | Reached 175 employees (August 2017) |
| 2016 | Reached 80 employees (January 2016) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Blend acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Blend
What is Blend's revenue?
Blend generates $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.
How many employees does Blend have?
Blend has 557 employees.
Where is Blend headquarters?
Blend is headquartered in San Francisco, California, United States.
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Compare Blend to the industry
Blend operates across multiple industries. Browse revenue, funding, and growth data for Blend in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .