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.
$833.3K
$833.3K
-$1.0
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Headquarters
415 Kearny St San FranciscoCaliforniaUnited StatesBlend Revenue vs Funding
Revenue
In 2020, Blend revenue run rate hit $10.0M in revenue.
Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
| Funding Date | Round | Total | Valuation |
|---|---|---|---|
| 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.
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Churn
Blend has an annual churn rate of 0.00%
Churn vs Expansion
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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.
| Distribution | Qty |
|---|---|
Total Team Size | 557 |
Engineers | 141 (25%) |
Sales | 77 (14%) |
Marketing | 24 (4%) |
CEO/Founder
Nima Ghamsari
CEO Q&A
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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