Blend

company

About

Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts.

  • 501 - 1000

Details

Last Funding Type
Series E
Last Funding Money Raised
$130M
Industries
Financial Services,FinTech,Lending,Software
Founded date
Jan 1, 2012
Number Of Employee
501 - 1000
Operating Status
Active

Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts.The company helps lenders streamline the customer journey for any banking product from application to close. Its Digital Lending Platform is utilized by Wells Fargo, U.S. Bank, and over 285 other leading financial institutions to acquire more customers, increase productivity, and deepen customer relationships. The company enables customers to process more than $4 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. Erin Collard, Eugene Marinelli, Nima Ghamsari, and Rosco Hill headquartered the company in San Francisco, California in 2012.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$170M
Blend has raised a total of $170M in funding over 2 rounds. Their latest funding was raised on Jun 24, 2019 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 24, 2019 Series E $130M 1 Detail
Jan 20, 2016 Series C $40M 1 Detail
Dec 12, 2013 Series A 1 Detail
Jun 1, 2012 Seed 1 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Blend has made 2 investments. Their most recent investment was on Sep 21, 2021, when Bilt Rewards raised $60M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 21, 2021 Bilt Rewards
Series Unknown $60M FinTech
Oct 15, 2010 Uber
Angel $1.25M Logistics

Investors

Number of Lead Investors
Number of Investors
4
Blend is funded by 4 investors. 500 Global and Lightspeed are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Series E
Lightspeed Series C
Aura Financial Series A
Allen & Company Seed