When was Blend founded?

Blend was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Blend located?

Blend is headquartered in San Francisco, United States.

How many employees does Blend have?

As of Mar 31, 2026, the latest employee count at Blend is 744.

Is Blend a funded company?

Blend is a funded company, having raised a total of $685M across 11 funding rounds to date. The company's 1st funding round was a $2.5M Seed round, raised on Jun 22, 2012.

When was the latest funding round of Blend?

Blend's latest funding was a $150M Post IPO round on Apr 29, 2024, with participation from 1 investor.

What is the annual revenue of Blend?

Annual revenue of Blend is $162M as on Dec 31, 2024.

Is Blend a Banking Tech company?

The primary sector of Blend is Banking Tech.

Where does Blend rank among its competitors?

Blend ranks 2nd amongst 53 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was LoanStar, which secured $500K in Jan, 2026.

Who are the top competitors of Blend?

Blend's top competitors include LendingTree, Zestfinance and HES. Among them, LoanStar secured the most recent funding round in January, 2026.

Blend - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that Blend operate in

Blend serves in the FinTech market segments.The primary business model of Blend is:

FinTech > Banking Tech > ***** **** > ***** ******

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

Post IPO, Apr 29, 2024, $150M

Investors

Greylock & 44 more

Ranked

2^nd among 53 active competitors

Annual Revenue

$162M as on Dec 31, 2024

Employee Count

744 as on Mar 31, 2026

Investment & Acquisitions

Bilt Rewards

Similar Companies

LendingTree & 52 more

Exit Details

Public

View Blend's full profile

Blend is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLEND LABS, INC. CIN: 1855747 , United States, Active	Apr 16, 2012	$162M (As on Dec 31, 2024)	-	-
BLEND CIN: 470995762 , United States, Active	Dec 31, 1999	-	11 (As on Dec 31, 2022)	-
BLEND LABS, INC. CIN: 678136 , United States, Active	Jul 08, 2021	-	-	-
BLEND LABS INC CIN: 455211045 , United States, Active	Dec 31, 1999	-	473 (As on Dec 31, 2024)	-

Blend got listed on Jul 16, 2021.

Click here to take a look at Blend's IPO in detail

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 45 institutional investors.

Here is the list of recent funding rounds of Blend:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2024	$150M	Post IPO	-	-	-	Haveli Investments
Apr 15, 2022	$46.3M	Post IPO	-	-	-	-
Jan 13, 2021	$300M	Series G	$3.3B	27.9x	Coatue, Tiger Global Management	Canapi Ventures

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View details of Blend's funding rounds and investors

The founders of Blend is Nima Ghamsari. Till Cooper is the CEO of Blend.

Here are the details of Blend's key team members:

Nima Ghamsari: Founder of Blend.
Till Cooper: CEO of Blend.

View details of Blend's Founder profiles and Board Members

Blend's employee count trend

Blend has 744 employees as of Mar 26. Here is Blend's employee count trend over the years:

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Top competitors of Blend include LendingTree, Zestfinance and HES. Here is the list of Top 10 competitors of Blend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LendingTree 1996, Charlotte (United States), Acquired	Network connecting consumers with lenders for loans and credit products	-	August Capital, Horan MediaTech Advisors & 1 others	78/100
2nd	Blend 2012, San Francisco (United States), Public	Provider of digital solutions for mortgage, home equity, and consumer lending	$685M	HTIF, Western Technology Investment & 43 others	78/100
3rd	Zestfinance 2009, Burbank (United States), Late Stage	Provider of AI-automated underwriting, fraud detection, and lending intelligence solutions	$54M	TenOneTen, Oakhouse Partners	50/100
4th	HES 2012, Vilnius (Lithuania), Unfunded	Provider of AI-powered loan automation software and digital lending platforms	-	-	44/100
5th	LoanStar 2015, Conshohocken (United States), Series B	Embedded lending platform powering financial institutions and merchants with tailored lending programs	$30.9M	Ben Franklin Technology Partners, Sageview Capital ... & 5 others	43/100
6th	Dealnet Capital 1986, Toronto (Canada), Acquired	Loan life cycle management software for consumer loans	-	-	43/100
7th	Monthio 2018, Copenhagen (Denmark), Series A	Provider of real-time creditworthiness assessment solutions for lenders	$12.8M	Harmar, PreSeed Ventures & 3 others	42/100
8th	Redline 2007, Royal Tunbridge Wells (United Kingdom), Unfunded	Credit management and loan underwriting platform	-	-	40/100
9th	White Clarke Group 1992, Milton Keynes (United Kingdom), Acquired	Software for automotive and asset finance firms.	-	Rothschild & Co	39/100
10th	Quotanda 2013, Barcelona (Spain), Seed	Lending as a service platform for student loans.	$150K	Bankia Fintech, FIS & 8 others	37/100