Blend - About the company
Blend is a public company based in San Francisco (United States), founded in 2012 by Eugene Marinelli and Gareth Mair. It operates as a Provider of digital solutions for mortgage, home equity, and consumer lending. Blend has raised $685M in funding from investors like Greylock Partners, General Atlantic and Founders Fund. The company has 51 active competitors, including 7 funded and 5 that have exited. Its top competitors include companies like Quotanda, HES FinTech and LoanStar.
Sectors and market segments that Blend operate in
Blend serves in the FinTech market segments.The primary business model of Blend is:Company Details
Provider of digital solutions for mortgage, home equity, and consumer lending. The company offers a platform for financial institutions to streamline lending processes. It provides tools for loan origination, verification, and closing. The platform supports deposit accounts and consumer loans. It helps credit unions, banks, and mortgage providers improve customer experience.
- Website
- blend.com
- Social
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Public
Total Funding
$685M in 11 rounds
Latest Funding Round
Investors
Ranked
1st among 51 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
739 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Blend
Blend is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLEND LABS, INC. CIN: 678136 , United States, Active | Jul 08, 2021 | - | - | - |
BLEND LABS, INC. CIN: 1855747 , United States, Active | Apr 16, 2012 | $100M - $500M (As on Dec 31, 2025) | - | - |
BLEND CIN: 470995762 , United States, Active | Dec 31, 1999 | - | 11 (As on Dec 31, 2016) | - |
BLEND LABS INC CIN: 455211045 , United States, Active | Dec 31, 1999 | - | 473 (As on Dec 31, 2024) | - |
Blend's IPO details
Blend got listed on Jul 16, 2021.
Click here to take a look at Blend's IPO in detail
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Blend's funding and investors
Blend has raised a total funding of $685M over 11 rounds. Its first funding round was on Jun 22, 2012. Its latest funding round was a Post IPO round on Apr 29, 2024 for $150M. 1 investor participated in its latest round. Blend has 47 institutional investors.
Here is the list of recent funding rounds of Blend:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 29, 2024 | $150M | Post IPO | - | - | - | |
Apr 15, 2022 | $46.3M | Post IPO | - | - | - | - |
Jan 13, 2021 | $300M | Series G | $3.3B | 27.9x |
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Blend's founders and board of directors
Founder? Claim ProfileHere are the details of Blend's key team members:
- Eugene Marinelli: Founder & CTO of Blend and founder of 1 other company. They are also an angel investor in 1 startup.
- Gareth Mair: Founder - Principal Consultant of Blend.
- Till Cooper: CEO of Blend.
View details of Blend's Founder profiles and Board Members
Blend's employee count trend
Blend has 739 employees as of Aug 26. Here is Blend's employee count trend over the years:
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Blend's Competitors and alternates
Top competitors of Blend include Quotanda, HES FinTech and LoanStar. Here is the list of Top 10 competitors of Blend, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Blend 2012, San Francisco (United States), Public | Provider of digital solutions for mortgage, home equity, and consumer lending | $685M | 78/100 | |
2nd | Lending as a service platform for student loans. | $150K | 48/100 | ||
3rd | _ZX8f07_fp9yT_hw92WpLL.png?devicePixelRatio=2&height=30&width=30){kind=logo} HES FinTech 2012, Vilnius (Lithuania), Unfunded | Provider of AI-powered loan automation software and digital lending platforms | - | - | 45/100 |
4th |  LoanStar 2015, Conshohocken (United States), Series B | Embedded lending platform powering financial institutions and merchants with tailored lending programs | $30.9M | 43/100 | |
5th | Provider of real-time creditworthiness assessment solutions for lenders | $12.8M | 42/100 | ||
6th | CampusDoor 1995, Carlisle (United Kingdom), Acquired | Provider of white label software for student loan origination services | - | - | 40/100 |
7th | Redline 2007, Royal Tunbridge Wells (United Kingdom), Unfunded | Credit management and loan underwriting platform | - | - | 40/100 |
8th | Dealnet Capital 1986, Toronto (Canada), Acquired | Loan life cycle management software for consumer loans | - | - | 38/100 |
9th | Provider of financial solution that offers educational subscriptions to parents | $2.5M | - | 34/100 | |
10th | White Clarke Group 1992, Milton Keynes (United Kingdom), Acquired | Software for automotive and asset finance firms. | - | 33/100 |
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Blend's Investments and acquisitions
Blend has a total of 1 investment in Bilt Rewards. Blend has not made any acquisitions as of now.Reports related to Blend
Here is the latest report on Blend's sector:
News related to Blend
Filter this listMedia has covered Blend for a total of 33 events in the last 1 year, 21 of them have been about company updates and 2 about partnerships.
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Alliant Credit Union Partners with Blend to Reinvent Digital Home LendingGlobal Fintech Series•Sep 09, 2026•Alliant Credit Union, Blend
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Blend and Prove Cut Application Drop-Off By 16% For Banks And Credit UnionsGlobal Fintech Series•Aug 14, 2026•Prove, Blend
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Blend Launches Autopilot Analytics Agent for Real-Time Lender VisibilityGlobal Fintech Series•Aug 05, 2026•Blend
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Blend Expands Integration with MeridianLink Mortgage and MeridianLink Consumer and DecisionLenderBusiness Wire•Jun 16, 2026•MeridianLink, Blend
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Abercrombie & Fitch beats quarterly profit estimates on steady US demandFashion Network•May 28, 2026•Abercrombie and Fitch, Royce Investment Partners, Blend
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Blend Labs Purchases $1.16 Million in Stock from Entities Related to Brian N. ShethInvesting•May 22, 2026•Blend
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Haveli affiliate purchases $2.09 million worth of Blend Labs stockInvesting•May 19, 2026•Haveli Investments, Blend
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CrossCountry Mortgage Cuts Closing Times by More Than Half with BlendBusiness Wire•May 19, 2026•CrossCountry Mortgage, Blend
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FAQs about Blend
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