# Blend

> Blend sells cloud software that helps banks, credit unions, mortgage lenders, and servicers collect applications, verify borrower information, coordinate workflows, and close loans or open deposit accounts. Its platform combines consumer interfaces, lender tools, integrations, configurable workflows, and increasingly AI-assisted processing.

- **Founded:** 2012
- **Headquarters:** Novato, United States
- **Founders:** Nima Ghamsari (Co-founder and Head of Blend; board chair), Eugene Marinelli (Co-founder; former CTO), Erin Collard (Co-founder; former CFO), Rosco Hill (Co-founder)
- **Products:** Home Lending Suite, Consumer Banking Suite, Blend Builder, Blend Close, Blend Autopilot
- **Notable:** NYSE listing under BLND in July 2021., Company reports $1.2 trillion in loan applications processed during 2024., Frost Bank reports application completion rising from 50% to 80% and manual review falling from 15% to 3%.

## Products & services

- **Home Lending Suite** — Mortgage origination, rapid home equity, refinance, verification, loan officer tools, and digital closing products.
- **Consumer Banking Suite** — Digital deposit account opening and consumer loan applications across digital and assisted channels.
- **Blend Builder** — Configurable workflows assembled from reusable components and integrations.
- **Blend Close** — Digital closing workflows, including hybrid closings, eNotes, and remote online notarization where supported.
- **Blend Autopilot** — AI-assisted document and application review and pre-underwriting tasks; announced in March 2026 and commercially available July 1, 2026.
- **Autopilot analytics agent** — Plain-language queries, dashboards, and alerts about application funnels and borrower activity.

## Achievements

- NYSE listing under BLND in July 2021.
- Company reports $1.2 trillion in loan applications processed during 2024.
- Frost Bank reports application completion rising from 50% to 80% and manual review falling from 15% to 3%.
- 2025 non-GAAP operating income of US$15.1 million, alongside a GAAP operating loss of US$21.8 million.
- Company announced its seventh consecutive HousingWire Tech100 Mortgage recognition in February 2026.

## Latest updates

- **2026-09** — Expanded Alliant Credit Union partnership announced September 23 for digital mortgage and Journey Home applications.
- **2026-08** — Autopilot early production analysis reported 10-15% higher pull-through, two to four fewer cycle days, and an estimated US$600 fulfillment saving per funded loan; company analysis of before-and-after cohorts.
- **2026-08** — Autopilot analytics agent became generally available August 4.
- **2026-08** — Q2 revenue of US$33.8 million, up 7%; US$7.0 million non-GAAP operating income and US$1.6 million GAAP operating loss.
- **2026-07** — Autopilot became commercially available July 1; six lenders had signed, according to August earnings commentary.
- **2026-03** — Title business sale to Covius completed March 1, according to the 2025 Form 10-K.

## Links

- Website: https://blend.com/
- LinkedIn: https://www.linkedin.com/company/blend-
- Twitter/X: https://twitter.com/blendlabsinc
- GitHub: https://github.com/blend
- Instagram: https://www.instagram.com/blendlabs/
- Facebook: https://www.facebook.com/BlendLabs

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Profile page: https://yespress.io/blend
Published by YesPress — https://yespress.io
Last updated: 2026-09-30