Blend Labs Inc

BLND05 Dec 2024
Technology
$5.3
-0.02 (-2.46%)
Lowest Today
$5.12
Highest Today
$5.32
Today’s Open
$5.3
Prev. Close
$5.29
52 Week High
$5.4
52 Week Low
$1.51
To Invest in Blend Labs Inc

Blend Labs Inc

Technology
BLND05 Dec 2024
-0.02 (-2.46%)
1M
3M
6M
1Y
5Y
Low
$5.12
Day’s Range
High
$5.32
5.12
52 Week Low
$1.51
52-Week Range
52 Week High
$5.4
1.51
1 Day
-
1 Week
+1.92%
1 month return
+46.13%
3 month return
+55.81%
6 month return
+89.26%
1 Year return
+264.82%
3 Years return
-43.48%
5 Years return
-
10 Years return
-
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2.59
iShares Russell 2000 ETF
2.53

Market Status

Fundamentals
Market Cap
1310.36 mln
PB Ratio
2
PE Ratio
0
Enterprise Value
1336.34 mln
Total Assets
206.06 mln
Volume

Company Financials

Fund house & investment objective

Company Information
Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.
Organisation
Blend Labs Inc
Employees
881
Industry
Software - Application
CEO
Mr. Nima  Ghamsari
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