Blend Announces Third Quarter 2022 Financial Results
Total revenue of $55.4 million led by Platform revenue resilience, offset by lower Title365 revenue
Total revenue of $55.4 million led by Platform revenue resilience, offset by lower Title365 revenue
Combined Companies Aim to Power the Entire Homebuying Journey, Including Title, Settlement, and Closing, Through Blend's Cloud-Based Platform
Blend, a leader in digital lending technology, today announced it has raisedĀ $130 millionĀ in Series E funding led by Temasek and General Atlantic. Existing investors 8VC, Founders Fund, Greylock Partners, and Lightspeed Venture Partners also participated in the round, which brings the company’s total funding toĀ $310 million. “Blend’s technology platform is driving an evolution in how lenders do business and interact with their clients,” saidĀ Paul Stamas, managing director at General Atlantic, a leading global growth equity...