Blend revenue is $119.1 million
Blend is worth $3.3 billion valuation
Blend team size is 557 employees
How Blend hit $119.1M Revenue with 250 customers in 2022.
Blend Revenue
In 2022, Blend revenue run rate hit $119.1M in revenue.
Blend Funding History
| FUNDING DATE | ROUND | AMOUNT | TOTAL | VALUATION |
|---|---|---|---|---|
| 01/13/2021 | Series G | $300M | $3.3B | |
| 08/12/2020 | Series F | $75M | $1.7B | |
| 06/24/2019 | Series E | $130M | $1B | |
| 08/24/2017 | Series D | $100M | $487M | |
| 01/20/2016 | Series C | $40M | $273M | |
| 07/15/2015 | Series B | $20M | $101M |
Team
Employees
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%) |
Customers
Blend has 250 customers.
LIFETIME MONTHS
-
x
MONTHLY ARPU
-
=
LIFETIME DOLLAR
-
ACQUISITION COST
-
AVERAGE ANNUAL PRICE
-
Churn
Blend has an annual churn rate of 0.00%.
GROSS ANNUAL DOLLAR CHURN
-0.00%
ANNUAL DOLLAR EXPANSION
0.00%
NET REVENUE RETENTION
0.00%
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..Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts
Monthly Revenue
$9.9M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA MARGIN
0.0%
+
YOY GROWTH
137.52%
=
Rule of 40
138
Blend Board of Directors
| Name | Position |
|---|
Blend Executives
| Name | Position |
|---|---|
| Nima Ghamsari | CEO |
Blend Employees
| Name | Position |
|---|---|
| Nima Ghamsari | CEO |
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 was raised $665M.
How many employees does Blend have?
Blend has raised 557 employees.
Where is Blend headquarters?
Blend headquater is at United States