Blend Labs Inc

NYSE BLND

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Blend Labs Inc Enterprise Value (EV) on June 03, 2024: USD 700.35 M

Blend Labs Inc Enterprise Value (EV) is USD 700.35 M on June 03, 2024, a 316.14% change year over year. Enterprise Value is a measure of a company's total value, including both its equity and debt. It represents the theoretical takeover price of a company and is often used in valuation methods. Enterprise value is calculated as the sum of a company's market capitalization, total debt, and subtracting its cash and short-term investments.
  • Blend Labs Inc 52-week high Enterprise Value (EV) is USD 803.61 M on March 20, 2024, which is 14.74% above the current Enterprise Value (EV).
  • Blend Labs Inc 52-week low Enterprise Value (EV) is USD 122.42 M on June 23, 2023, which is -82.52% below the current Enterprise Value (EV).
  • Blend Labs Inc average Enterprise Value (EV) for the last 52 weeks is USD 435.39 M.
NYSE: BLND

Blend Labs Inc

CEO Mr. Nima Ghamsari
IPO Date July 16, 2021
Location United States
Headquarters 415 Kearny Street, San Francisco, CA, United States, 94108
Employees 881
Sector Technology
Industry Software - application
Description

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.

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StockViz Staff

September 19, 2024

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