Blend Labs, Inc. (BLND) company profile
Close on Nov 12, 2026Market cap $253.07MP/E –Yield –
About Blend Labs
Services-Computer Programming, Data Processing, Etc., SIC 7370
Blend Labs operates a software platform that digitizes and automates consumer lending and banking origination workflows. The company operates in a single business segment, providing cloud-based software that supports consumer application journeys for mortgages, home equity, auto financing, credit cards, personal loans, and deposit account opening, as well as digital loan closing tools and a modular workflow configuration platform called Blend Builder. Its clients consist of United States financial institutions, including commercial banks, credit unions, independent mortgage lenders, and mortgage servicers, spanning large institutions to community lenders.
Headquartered in Novato, California, the company maintains its business operations within the United States. Its customer base is located across the country, and its partner network covers all fifty states. As of year-end 2025, the organization employs 419 people. Additionally, the business holds intellectual property protections, including registered trademarks, across the United States, Canada, the United Kingdom, and the European Union.
Summary of the business section of Blend Labs's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Blend Labs, Inc.
- Founded
- 2012
- Headquarters
- Novato, CA
- Address
- 7250 Redwood Blvd., Suite 300 94945
- Phone
- (650) 550-4810
- Website
- blend.com
- Employees
- 419, Dec 31, 2025
- Industry
- Services-Computer Programming, Data Processing, Etc.
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, San Jose, California
Stock & identifiers
- Ticker
- BLND
- Exchange
- NYSE
- IPO date
- Jul 16, 2021
- Shares outstanding
- 237M, Aug 1, 2026
- Public float
- $696.50M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Emerging growth company
- SEC CIK
- 1855747
- CUSIP
- 09352U108
- ISIN
- US09352U1088
- FIGI
- BBG00D0YK7T7
- Share class FIGI
- BBG00D0YK7V4
- EIN
- 45-5211045
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Nima Ghamsari | HEAD OF BLEND, Director | 10,437,877 |
| Lina Rivas | Principal Accounting Officer | – |
| Srinivasan Venkatramani | Head of Product Tech & Cust Op | 236,563 |
| Matthew Christopher Thomson | Head of Revenue | 135,812 |
| Oxana Tkach | PRINCIPAL ACCOUNTING OFFICER | 123,071 |
| Jason Ream | Head of Finance and Admin. | 416,074 |
| Winnie Ling | HEAD OF LEGAL AND PEOPLE | 516,328 |
| Brian Kneafsey | Head of Revenue | 649,824 |
| Amir Jafari | HEAD OF FINANCE AND ADMIN. | 1,074,788 |
| Haveli Investments Software Fund I GP, LLC | Director | 18,823,657 |
| Brian Niranjan Sheth | Director | 18,841,054 |
| Haveli Brooks Aggregator, L.P. | Director | 10,978,873 |
| Investment Management LLC Haveli | Director | 14,458,382 |
| Haveli Investments, L.P. | Director | 2,190,925 |
| Interests LLC Whanau | Director | 8,216,919 |
| Software Management LLC Haveli | Director | 16,547,794 |
| Gerald C. Chen | Director | 639,468 |
| Eric H. Woersching | Director | 80,000 |
| Erin N. Lantz | Director | 137,760 |
| Timothy J. Mayopoulos | Director | 431,130 |
| Bryan Edmund Sullivan | Director | 100,000 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Nima Ghamsari Head of Blend, Co-Founder, and Chair | $545.00K | $12.93M | $456.22K | – | $13.93M | +1374% |
| Jason Ream Head of Finance and Administration | $149.23K | $7.81M | $96.01K | $3.23K | $8.06M | – |
| Srinivasan Venkatramani Head of Product, Technology, and Customer Operations | $450.00K | $8.57M | $184.33K | $5.00K | $9.21M | +798% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jul 16, 2021
- Offer price
- $18.00
- Securities offered
- 20,000,000
- Gross proceeds
- $360.00M
- Exchange
- NYSE
- First trading day
- Jul 16, 2021
- First-day close
- $20.90+16.1%
- Lock-up ends (est.)
- Jan 12, 2022
“The initial public offering price per share is $18.00.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 419 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 4, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 6, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 16, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 13, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
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