Blend Labs, Inc. is a technology company that provides a cloud-based software platform designed to streamline the consumer journey for banking products. The platform simplifies processes from application to close, enhancing efficiency and transparency for consumers while helping financial services firms improve productivity and customer relationships. Blend sells digital origination solutions and configurable workflows for various financial products.
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Blend Platform - Offers digital origination solutions for financial providers, including pre-built workflows for mortgage, home equity, deposit accounts, credit cards, personal lending, and auto lending.
- Sub-product: Blend Builder - Enables customers to configure or build custom workflows using pre-built components while leveraging existing infrastructure.
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Title Segment - Provides title insurance and settlement services to support mortgage and home equity transactions. This segment was classified as discontinued operations in Q1 2025.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Nima Ghamsari ExecutiveBoard | Head of Blend | Nima Ghamsari is the co-founder and Head of Blend at BLND since May 2012, serving as Chair of the Board of Directors and overseeing strategic direction. Prior to BLND, he built his expertise at Palantir Technologies, contributing to his deep background in technology and financial services. | ||
Amir Jafari Executive | Head of Finance and Administration | Amir Jafari is the Head of Finance and Administration at Blend Labs, Inc. since March 2023, responsible for overseeing the company's financial and administrative functions. He previously served as CFO at Plastiq Inc. (2021-2023) and Reputation.com (2020-2021), and held senior executive roles at ServiceNow, Inc. (2015-2020) and Atmel Corporation (2010-2015). | ||
Brian Kneafsey Executive | Head of Revenue | Brian Kneafsey is the Head of Revenue at Blend Labs, Inc. since December 2023. Previously, he held roles as Head of Revenue and Customer Success from July 2017 to January 2020 and Head of Sales from February 2016 to July 2017 at Blend Labs. | ||
Srinivasan Venkatramani Executive | Head of Product, Technology, and Customer Operations | Srinivasan Venkatramani serves as Head of Product, Technology, and Customer Operations at Blend Labs since December 2, 2024, and has extensive experience in product and technology leadership, having previously served as Chief Product & Technology Officer at PlanSource Benefits Administration, Inc. from December 2019 to December 2024. | View Report → | |
Winnie Ling Executive | Head of Legal and People | Winnie Ling is the Head of Legal and People at Blend Labs, Inc, having assumed the role of Head of Legal in February 2023 and expanded to include Head of People in January 2024, with a distinguished background as a corporate attorney at leading law firms. | ||
Brian Sheth Board | Board Member | Chief Investment Officer and Senior Managing Director at Haveli Investments | Brian Sheth joined Blend Labs' board in April 2024, bringing nearly 25 years of expertise in private equity and technology investments from his roles at Vista Equity Partners and Haveli Investments. He founded Haveli Investments in September 2022 and served as President of Vista Equity Partners from March 2000 to November 2020, demonstrating his broad leadership in the financial sector. | |
Bryan E. Sullivan Board | Member of the Board of Directors | President and Chief Financial Officer at Identity Intelligence Group, LLC; Advisory Board Member and Senior Advisor at Americor Financial | Bryan E. Sullivan is a board member and Audit Committee Chair at BLND since June 2024. He brings extensive expertise in financial services and technology, having served as President and Chief Financial Officer at Identity Intelligence Group, LLC since May 2021 and as Advisory Board Member and Senior Advisor at Americor Financial since February 2020. | |
Eric Woersching Board | Member of the Board of Directors | Private Consultant for Early-Stage Software Companies; Board Member at Palantir Technologies Inc.; Managing Partner at Massive Tech Ventures | Eric Woersching has been serving as a board member at Blend Labs, Inc. since June 2024. He is recognized for his financial and technology expertise, having previously served as a private consultant for early-stage software companies, as well as holding active roles as a board member at Palantir Technologies Inc. and managing partner at Massive Tech Ventures. | |
Erin Lantz Board | Director | Chief Revenue Officer at Ethos; Board Member at Meritage Homes Corporation | Erin Lantz is a Director at BLND since January 2023. She has extensive leadership experience, serving as Chief Revenue Officer at Ethos since April 2020 and as Vice President and General Manager at Zillow Group from 2010 to October 2019. | |
Gerald Chen Board | Member of the Board of Directors | General Partner at Greylock Partners; Board Member at Chronosphere; Board Member at Cato Networks; Board Member at Truera | Gerald Chen has served as a member of Blend’s board of directors since July 2017. He is a seasoned venture capital professional, serving as a General Partner at Greylock Partners since June 2013. | |
Timothy J. Mayopoulos Board | Director | Science Applications International Corporation board member (since January 2015) ; LendingClub Corporation board member (since August 2016) | Timothy J. Mayopoulos has served as a board member at BLND since April 2019. He previously served as President of BLND from January 2019 to March 2023 and brings extensive financial services expertise from his roles at Fannie Mae and Silicon Valley Bridge Bank. |
- With the planned divestiture of Title365, how do you anticipate its removal will affect your revenue mix and operating leverage, and what steps are you taking to mitigate any transition risks?
- Given the projected dip in economic value per funded loan in Q2 followed by an anticipated rebound, how will you ensure margin stability and align investor expectations with near-term variability in your core product ARPU?
- You highlighted a 67% increase in contribution profit per funded loan—can you break down the key drivers behind this improvement and explain how sustainable these drivers are in a competitive market?
- As you expand your sales efforts to both top-tier financial institutions and more price-sensitive down-market clients, what specific strategies and metrics are you employing to scale sales efficiency while maintaining high customer satisfaction?
- You mentioned upcoming investments in AI to drive operational efficiency; could you provide details on the intended AI applications, the expected ROI, and how these investments will balance against continued core product enhancements?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Title365 | 2021 | The acquisition was completed on June 30, 2021, with Blend Labs acquiring 90.1% of Title365 for a final price of $417.7 million, including a significant cash component and funding through a $225.0 million term facility and a $25.0 million revolving facility. Strategically, the deal was intended to integrate Title365’s capabilities into Blend Labs’ platform to streamline title, settlement, and closing processes for mortgages and home equity products, thereby driving operational synergies. |
Recent press releases and 8-K filings for BLND.
- Blend Labs and Doma Technology, LLC have expanded their partnership to integrate Doma's AI-powered Upfront Title solution into Blend's home lending platform, making instant title decisions available to more lenders.
- This integration aims to create a fully digital, end-to-end title and closing process, accelerating time to close and potentially saving borrowers 40% to 70% on title costs compared to traditional rates.
- The expanded partnership aligns with Blend's strategic shift towards offering software-driven title solutions through trusted partners, following its agreement to sell its title insurance business.
- An initial launch with Mr. Cooper, a Blend customer, demonstrated a three-day reduction in overall loan cycle time and savings of several hundred dollars per closed loan for borrowers on title fees.