Blend
Blend Labs provides cloud-based software that banks, credit unions, independent mortgage banks and mortgage servicers use to originate consumer financial products. Its platform supports digital applications for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards and deposit accounts. The company was founded in 2012 and is headquartered in Novato, California.
Public Company
Blend is publicly traded
IPO'd on July 16, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under BLND.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
201–500
Total Funding
$667M
8 rounds
Last Private Valuation
$3.3B
January 13, 2021
Funding
Total raised $667M across 8 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 08-18-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| January 13, 2021 | Series G Press release | $300M | $3.3B | Coatue, Tiger Global Management |
| August 12, 2020 | Series F Press release | $75M | $1.7B | Canapi Ventures |
| June 2019 | Series E Press release | $130M | $1B | Temasek, General Atlantic |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series D
$0.5B
Aug 2017
Blend today
$3.3B
Jan 2021 · latest mark
Blend multiple
6.6x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Ellie Mae (ICE Mortgage Technology)
Provider of Encompass, a loan origination system (LOS) and mortgage finance platform for streamlining and automating the mortgage process
Cloudvirga
Digital lending platform and loan origination software provider
RealKey
Digital mortgage and lending platform
StreamLoan
Loan origination system and digital lending platform
LoanDepot
Digital lending platform and non-bank mortgage lender
DocMagic
Mortgage technology and digital closing solution provider
Blend Investment FAQ
Blend FAQ
Yes, Blend is publicly traded under the ticker symbol BLND on the NYSE. The company went public in July 16, 2021.
Blend trades under the ticker symbol BLND on the NYSE. It began trading in July 16, 2021.
Blend (BLND on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker BLND to place an order.
Blend went public in July 16, 2021 via ipo, with an offering valuation of approximately $3.3B. Blend Labs completed its initial public offering on July 16, 2021 on the NYSE under ticker symbol BLND. The company priced shares at $18.00 per share, offered 20,000,000 shares of Class A common stock, and raised $360 million at an implied valuation of approximately $4.0 billion. Shares opened at $20 and closed at $20.90 on the first day of trading.
Blend raised $667M across 8 disclosed funding rounds prior to its public listing.
Blend was co-founded by Vishwanath Kollapudi, Jamsheed Kamardeen, and Vaibhav Prakash in 2012.
Blend is headquartered in Novato, California, United States.
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