Company Description
Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States.
It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty.
It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan.
In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services.
It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.
| Country | United States |
| Founded | 2012 |
| IPO Date | Jul 16, 2021 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 881 |
| CEO | Nima Ghamsari |
Contact Details
Address: 415 Kearny St. San Francisco, California 94108 United States | |
| Phone | (650) 550-4810 |
| Website | blend.com |
Stock Details
| Ticker Symbol | BLND |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $18.00 |
| CIK Code | 0001855747 |
| CUSIP Number | 09352U108 |
| ISIN Number | US09352U1088 |
| Employer ID | 45-5211045 |
| SIC Code | 7370 |
Key Executives
| Name | Position |
|---|---|
| Nima Ghamsari | Co-Founder, Chairman, Chief Executive Officer and Head of Blend |
| Erin James Collard | Co-Founder and Director |
| Rosco Hill | Co-Founder |
| Amir Jafari | Head of Finance and Administration and Principal Financial Officer |
| Oxana Tkach | Controller and Principal Accounting Officer |
| Bryan Michaleski C.F.A. | Investor Relations Lead |
| Winnie Ling | Head of Legal and People |
| Erik Wrobel | Head of Product |
| Aesha Shah | Head of Design |
| Naveen Ayyagari | Head of Engineering |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 13, 2024 | 144 | Filing |
| May 8, 2024 | 10-Q | Quarterly Report |
| May 8, 2024 | 8-K | Current Report |
| May 6, 2024 | SC 13D | General statement of acquisition of beneficial ownership |
| Apr 29, 2024 | 8-K | Current Report |
| Apr 29, 2024 | ARS | Filing |
| Apr 29, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 29, 2024 | DEF 14A | Other definitive proxy statements |
| Apr 24, 2024 | 144 | Filing |
| Mar 22, 2024 | 144 | Filing |