Craft
Blend

Blend

Customers

512

FY, 2021

Revenue

$234.5 M

FY, 2021

Market Capitalization

$354.1 M

2023-01-13

Blend Summary

Company summary

Overview
Blend is a company that provides a cloud-based banking platform. It offers mortgage lending, home equity, deposit accounts, vehicle loans, and other services.
Type
Public
Status
Active
Founded
2012
HQ
San Francisco, CA, US | view all locations
Website
https://blend.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key people

  • Nima Ghamsari

    Nima Ghamsari, Co-Founder, and Chair of the Board

  • Timothy J. Mayopoulos

    Timothy J. Mayopoulos, President and Director

  • Crystal Sumner

    Crystal Sumner, Head of Legal, Compliance, and Risk and Corporate Secretary

  • Kallol Das

Operating MetricsView all

Consumer Banking Transactions

300K
244.8%

FY, 2021

Mortgage Banking Transactions

1.8M
37.6%

FY, 2021

Customers

512
75.9%

FY, 2021

LocationsView all

2 locations detected

  • San Francisco, CA HQ

    United States

    415 Kearny Street

  • Thousand Oaks, CA

    United States

    1 Baxter Way #260

Blend Financials

Summary financials

Revenue (Q3, 2022)
$55.4M
Gross profit (Q3, 2022)
$21.1M
Net income (Q3, 2022)
($132.7M)
Cash (Q3, 2022)
$114.4M
EBIT (Q3, 2022)
($129.9M)
Enterprise value
$467.7M

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