Blend logo
Founded 2012

Blend

2020 Revenue

$10.0M

YOY

Funding

$365.0M

Overview

About Blend

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.

Monthly Revenue

$833.3K

Total Expenses

$833.3K

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

415 Kearny St San FranciscoCaliforniaUnited States
Website

blend.com

Blend Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Blend revenue run rate hit $10.0M in revenue.

$10.0M

Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?

Blend has raised $365.0M.

Funding DateRoundTotalValuation
08/12/2020$75.0M$1.7B
06/24/2019$130.0M$1.0B
08/24/2017$100.0M$487.0M
01/20/2016$40.0M$273.0M
07/15/2015$20.0M$101.0M

Customers

Blend has 250 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Blend has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

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

20162017201820192020119.00%▲101.00%▲14.00%▲15.00%▲
DistributionQty

Total Team Size

557

Engineers

141 (25%)

Sales

77 (14%)

Marketing

24 (4%)

CEO/Founder

Nima Ghamsari


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Blend

When was Blend founded?

Blend was founded in 2012.


Who is the CEO of Blend?

The CEO of Blend is Nima Ghamsari


How many employees does Blend have?

Blend has 557 employees.

How much revenue does Blend generate?

Blend generates $10.0M in revenue.


How much funding does Blend have?

Blend has raised $365.0M.


Where is Blend headquarters?

Blend is headquartered at 415 Kearny St San FranciscoCaliforniaUnited States

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