business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Digital lending platform |
| Founded | access_time 11 years ago (founded 2012) |
TrueUp Trajectory Score | 3 /100 |
| Employees | 1,700 |
| Valuation | $0.2 billion all-time high: $5.1 B (-95%) 1 year ago: $0.8 B (-71%) |
| Public / Private | Public ($BLND) |
| Lists | FinTech |
Blend is a Digital lending platform company with 10 job openings. It is currently valued at $0.2 billion as a public company. 1,700 people work at Blend. The company was founded in 2012.
Blend grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $0.2 billion 52 wk high: $0.9 B (-74%) 1 year ago: $0.8 B (-71%) |
| Revenue trailing 12 months | $0.3 billion TrueUp Rank #379 |
| Revenue growth vs. same quarter last year | -38.2% TrueUp Rank #460 |
| MULTIPLES | |
| Valuation / Revenue | 0.9x |
| Valuation per employee | $0.1 million |
| Revenue per employee | $0.2 million |
emoji_people Culture
| Glassdoor employee reviews | 48% would recommend Blend to a friend (200 reviews) worse than 92% of tech co's 61% approve of the CEO Nima Ghamsari (104 reviews) worse than 87% of tech co's |
| Company mission | "To bring simplicity and transparency to consumer banking" |
| Company vision | "We envision a future where Blend powers a healthier financial future for millions. When lenders are freed to provide proactive guidance, everyone benefits. The future of lending will be enabled by one-tap access to the world’s monetary resources." |
| Core pillars | - Accessibility - Transparency - Simplicity |
rule Policies
| % of open jobs that are remote | N/A |
| public H1B sponsorships approved in 2022 | 5 TrueUp Rank #267 |
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit data
history Other info
| IPO date | Jul 16, 2021 (2 years ago) |
| Top owners at IPO | 12.5% - Lightspeed 8.8% - Nima Ghamsari 7.9% - Formation8 5.8% - Temasek 5.5% - Coatue 5.5% - Tiger 5.0% - General Atlantic 4.9% - Greylock 0.8% - Erin Collard 0.5% - Crystal Sumner |
| Founder ownership at IPO | 9.6% |
| Implied founder equity split | 92% - Nima Ghamsari 8% - Erin Collard |