Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.

Rosco Hill

Akash Nigam

Erin Collard

Nima Ghamsari

Eugene Marinelli

Blend Labs, Inc.

Retrica offers a filter camera application with over 180 filters and various effects to enhance photography.

Retrica

Rize provides visibility solutions for home improvement businesses.

Rize

Financial providers — from large banks, fintechs, and credit unions to community and independent mortgage banks — use our platform to transform consumer banking experiences and streamline workflows for their teams. From the moment a consumer starts an application for a deposit account or loan to the moment they digitally sign the final documents, our composable platform streamlines the process. Visit blend.com to learn more.

Raison Asset Management

Employee Stock Option Fund

G Squared

500 Global

Temasek Holdings

Canapi Ventures

General Atlantic

Emergence

Greylock

Tiger Global Management

Coatue

Ballistic Ventures

Blend

Faster relationship onboarding, happier customers, boosted revenue: This is the Shopping Cart effect. ️

Watch this 1-minute demo 🎬 to see how we're simplifying banking, together. https://ow.ly/xjBb50QyWTf

Calling all retail #banking leaders! We're thrilled to be back at Consumer Bankers Association CBA Live, the industry's premier event, taking place March 25-27 in National Harbor, MD.

For 15 years, #CBALive has connected top minds and sparked innovation. This year is no different! Join us at booth #218 for the opportunity to:
1️⃣ Meet our executive team & discuss your unique challenges
2️⃣ Discover our latest solutions designed to help you thrive in today's market
3️⃣ Engage in thought-provoking conversations with industry experts

Don't miss this chance to connect with the people and ideas shaping the future of the industry. See you at booth #218! https://www.cbalive.info/

Blend customers reported $913.52 in average cost savings 💲 per loan—a $274 increase over 2022 levels—driven by product #automation and streamlined application flows. 

Amidst ongoing compression in #financial industry margins, these savings are driving real benefits to Blend customers.

Learn more about how Blend’s Mortgage Suite technology drives tangible #ROI here: https://ow.ly/l4tT50QxkwS

Now available! Our latest shopping cart feature 🛒 , which helps consumers and bankers originate multiple #deposit products in the time it takes to open a single account.

Learn how to boost customer satisfaction and your bottom line: https://ow.ly/yorl50QxkmS

Metric
Company Name	Blend Labs, Inc.	Retrica	Rize
Symbol	BLND
MSH ID	COM:BLEND	CO:RETRICA	COM:RIZE
Market	STOCKS	PRIVATE	PRIVATE
Sector	Technology	Technology	Technology
Industry	Software - Application	Consumer Goods	Services
Country	US	US	US
Stage	Private Equity Round	Funding Round	Series A
Employee Count	881
Website	blend.com	retrica.co	rize.com
LinkedIn	blend-	retrica	rizecom
Founders

Metric
Market Cap	565.94M
Enterprise Value
Monthly Web Traffic	77.66K	11.84K	88
Web Traffic Growth	-0.05	1.83	-0.90
Valuation
Raised Capital	150M	6M	11.40M

Metric
Revenue	156.85M
Revenue (LTM)
Revenue (NTM)
Gross Profit	81.14M
EBITDA	-125.51M
Operating Income	-131.27M
Net Income	-185.32M
EPS	-0.76
Diluted EPS	-0.76
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.54
Operating Profit Margin	-0.60
EBITDA Margin	-0.80
Net Profit Margin	-0.79
Return on Equity	75.19
Return on Assets	-0.65
Return on Capital Employed	-0.63

COM:BLEND

Blend

Last Close

5.21

22/11 21:00

Market Cap

565.94M

Beta: -

Volume Today

3.27M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-2.84
P/B Ratio	105.35
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	6.60
EV Multiple	-3.59

Metric
Days Sales Outstanding	43.71
Days Payables Outstanding	8.83
Days Inventory Outstanding
Operating Cycle	49.57
Cash Conversion Cycle	43.99
Asset Turnover	0.82

Metric
Operating Cash Flow	-127.62M
Free Cash Flow	-128.21M
Cash Flow to Debt	-0.41
Operating Cash Flow/Sales	-0.33
Free Cash Flow Yield	-0.23

Metric
Cash & Equivalents	30.96M
Accounts Receivable	4.27M
Inventory
Goodwill
Debt to Capitalization	1.49
Debt to Assets	0.74
Current Ratio	7.69
Quick Ratio	4.97

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.42
R&D to Revenue	0.61
SG&A to Revenue	0.55