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Blend revenue
Blend's revenue is $162.0 million.
What is Blend's revenue?
- Blend's revenue growth from 2020 to 2024 is 68.72%.
- Blend has 577 employees, and the revenue per employee ratio is $280,795.
- Blend's peak quarterly revenue was $89.6M in 2021(q3).
- Blend peak revenue was $235.2M in 2022.
- Blend annual revenue for 2023 was 156.8M, -33.31% growth from 2022.
- Blend annual revenue for 2024 was 162.0M, 3.3% growth from 2023.
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Blend historical revenue
Blend's peak revenue was $235.2M in 2022. The peak quarterly revenue was $89.6M in 2021(q3).
Blend's revenue increased from $96.0m in 2020 to $162.0M currently. That's a 68.72% change in annual revenue.
Blend annual revenue
Blend annual revenue over time
| Fiscal year / year | Blend revenue |
|---|---|
| 2020 | $96.0M |
| 2021 | $234.5M |
| 2022 | $235.2M |
| 2023 | $156.8M |
| 2024 | $162.0M |
How accurately did Blend's revenue projections match actual performance?
Blend annual growth
Blend saw the greatest revenue growth in 2021, when revenue increased by 144.19%.
Blend had the lowest revenue growth in 2022, when revenue changed by 0.3%.
Blend annual growth rate over time
| Year | Blend growth |
|---|---|
| 2021 | 144%↑ |
| 2022 | 0%↑ |
| 2023 | -33%↓ |
| 2024 | 3%↑ |
Blend quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Blend quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | - | $32.1M | $89.6M | $81.0M |
| 2022 | $71.5M | $65.5M | $55.4M | $42.8M |
| 2023 | $37.3M | $42.8M | $40.6M | $36.1M |
| 2024 | $34.9M | $40.5M | $45.2M | $41.4M |
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Is Blend transparent about its revenue structure?
Blend financial information
| CEO | Nima Ghamsari |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 577 |
| Date Founded | 2012 |
| Headquarters | San Francisco, California |
| Number of Locations | 2 |
| Revenue | $162.0M |
| Net Income | -$768,610,000 |
| Gross Proft | $90.5M (2024) |
| EBITDA | ($737.6M) (2022) |
| Tax Rate | -0.0% |
| Total Assets | $432,764,000 |
| Ticker | BLND |
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Blend financing
Blend received early financing of $20.0M on 2015-07-15.
| Series | Round size | Date |
|---|---|---|
| Series B | $20M | 07/2015 |
| Series C | $40M | 01/2016 |
| Series D | $100M | 08/2017 |
| Series E | $130M | 06/2019 |
| Series F | $75M | 08/2020 |
| Series G | $300M | 01/2021 |
Blend investors
| Investors | Security type |
|---|---|
| Formation 8 | Series B |
| LeFrak Organization, Inc. | Series B |
| Lightspeed Venture Partners | Series B |
| Conversion Capital | Series B |
| Lightspeed Solutions | Series C |
| LeFrak Organization, Inc. | Series C |
| Formation 8 | Series C |
| Founders Fund | Series C |
| Conversion Capital | Series C |
| Jake Seid | Series D |
| Emergence Capital | Series D |
| Thomvest Ventures | Series D |
| 8VC | Series D |
| Lightspeed Venture Partners | Series D |
| Conversion Capital | Series D |
| Greylock | Series D |
| Nyca Partners | Series D |
| G Squared | Series E |
| 8VC | Series E |
| Salesforce.com Inc. | Series E |
| General Atlantic | Series E |
| Temasek | Series E |
| Founders Fund | Series E |
| Lightspeed Venture Partners | Series E |
| 500 Startups | Series E |
| Greylock | Series E |
| Emergence Capital | Series F |
| 8VC | Series F |
| Temasek | Series F |
| General Atlantic | Series F |
| Greylock | Series F |
| Canapi Ventures | Series F |
| Coatue | Series G |
| Tiger Global Management | Series G |
Blend competitors
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Xignite | $75,793 | $29.3M | 57 | - |
| Justworks | $96,922 | - | - | 107 |
| NERO Consulting Inc | $45,331 | $292.4M | 5,000 | - |
| Claria Corporation | $43,621 | $23.0M | 350 | - |
| Foxfire | $42,055 | $16.0M | 175 | - |
| Seaman | $46,990 | $180.0M | 200 | - |
| Pia | $73,353 | $3.3M | 35 | 7 |
| VOILA | $70,501 | $110,000 | 6 | - |
| Miro | $69,552 | $1.6M | 30 | 48 |
| TYLER'S | $39,046 | $2.1B | 4,300 | 137 |
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Zippia gives an in-depth look into the details of Blend, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Blend. The employee data is based on information from people who have self-reported their past or current employments at Blend. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Blend. The data presented on this page does not represent the view of Blend and its employees or that of Zippia.
Blend may also be known as or be related to Blend, Blend LLC, Blend Labs, Blend Labs Inc and Blend Labs, Inc.