Blend Stock
Mortgage Lending
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About Blend Stock
Blend is a digital lending platform that aims to make the lending process quicker and more efficient than traditional mortgage lending. Blend's digital lending platform is used by over 250+ financial institutions including Wells Fargo to process more than $3.5B in consumer and mortgage loans each day. Blend also offers Mortgage and Consumer Banking product suites.
Founded in 2012, Blend is headquartered in San Francisco with an additional office in New York City. Blend is backed by investors including Temasek, General Atlantic, and Andreessen Horowitz.
Investors
8VC
Anduril Industries, Sila Nanotechnologies, Cityblock Health, project44, Blend, Aspiration, Addepar, Illumio, BlueVoyant, Guardant Health
Allen & Company
Stripe, Relativity Space, Vroom, Joby Aviation, Convoy, Blend, Aspiration, Freenome, Bolt Threads, Turo
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Conversion Capital
Formation 8
Wish, Oscar Health, Virgin Hyperloop One, Collective Health, Blend, Illumio, Guardant Health, Bolt Threads, Aviatrix, Ironclad
Founders Fund
Lyft, Spotify, Airbnb, Stripe, Anduril Industries, Flexport, Palantir Technologies, Wish, Compass, Zenefits
General Atlantic
AppDynamics, Toutiao, Chime, Wish, Avant, Articulate, Bolt Financial, Automation Anywhere, Coalition, Blend
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Convoy, Blend, Rubrik, Domo
G Squared
Impossible Foods, Bolt, 23andMe, Convoy, Fair, Collective Health, Postmates, Blend, Getaround, Tipalti
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, ThoughtSpot
Salesforce Ventures
Compass, Hopin, Snyk, Dropbox, Automation Anywhere, Gusto, Blend, Box, Domo, Highspot
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
Temasek Holdings
PharmEasy, Tokopedia, Ola, Magic Leap, DoorDash, Impossible Foods, Wish, Snyk, AvidXchange, SambaNova Systems
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Funding History
| October 2012 | $6.1M |
|---|---|
| October 2012 | $11.0M |
| December 2015 | $10.0M |
| December 2015 | $38.0M |
| July 2017 | $119M |
| March 2018 | $17.0M |
| May 2019 | $131M |
| August 2020 | $76.6M |
| January 2021 | $323M |
Management
Chief Executive Officer
Nima Ghamsari
Press
blend - Aug, 12 2020
Announcing Blend’s Series F funding led by Canapi VenturesMortgage Professional America - Jun, 10 2020
Blend adds Black Knight's CompassPPE and Ernst Fee Service to its platformNational Mortgage News - Jan, 17 2020
Blend Launches New Mobile Technology this Time for Loan OfficersHousing Wire - Oct, 30 2019
Blend and CoreLogic integrate to create quick and simple credit data checksCNBC - Sep, 23 2019
Start-up Blend gives big banks `one tap’ home loans to compete with Quicken’s Rocket MortgageCrunchbase News - Jun, 24 2019
Mortgage Tech Startup Blend Raises $130M, Reportedly Nears Unicorn Statusprnewswire - Apr, 2 2019
Blend Launches New Product to Streamline Deposit Account Openings for Financial Institutionsprnewswire - Mar, 26 2019
Blend and FGMC + Goodmortgage: a Partnership Powered by InnovationEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase
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