Blend
PublicLast Round
Private Equity
Apr 29, 2024
Total Funding Raised
$1.18B
Company Overview
Blend is a financial technology company that provides a cloud-based platform to enhance the digital interaction between financial services firms and consumers, streamlining applications for mortgages, consumer loans, and deposit accounts.
Sector
SaaS
AI Layer
Application
Keywords
digital loan origination platformmortgage origination platformwhite-label digital lending platformconsumer loan origination platformdigital account opening platformlending workflow automationhome lending software suitehome equity loan origination platformlending platform for credit unions and banksAI-augmented loan originationcloud-based financial services platformusage-based lending software
Blend Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Blend Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Equity | Apr 29, 2024 | ||||
| IPO Announced | Jul 16, 2021 | ||||
| Series G | Jan 13, 2021 | ||||
| Series F | Aug 12, 2020 | ||||
| Series E | Jun 24, 2019 | ||||
Series D | Aug 24, 2017 |
Blend Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Seed |
| Allen & Company | IPO |
| Temasek | Series E, Series F |
| SciFi Ventures | Series A |
| Greylock Partners | Series E, Series D, Series F |
| Formation 8 | Series C, Seed, Series B |
| Founders Fund | Series E, Series C |
Blend Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
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Firmographic Details
HeadquartersSan Francisco, California
Employee Range759
Year Founded2012
Last FundingApr 29, 2024