Name | Value |
---|---|
Revenues | 40.6M |
Cost of Revenue | 18.5M |
Gross Profit | 22.1M |
Operating Expense | 49.1M |
Operating I/L | -36.2M |
Other Income/Expense | -5.6M |
Interest Income | 5.5M |
Pretax | -41.8M |
Income Tax Expense | 0.0M |
Net Income/Loss | -43.2M |
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. Its Blend Platform and Title365 segments offer white-label products for mortgages, home equity loans, vehicle loans, personal loans, credit cards, and deposit accounts. The company's suite of mortgage products streamlines the homeownership journey for consumers, including income verification, homeowners insurance, and realty services. Additionally, it provides title search procedures for title insurance policies, escrow, closing and settlement services, and professional consulting services. Blend Labs serves banks, credit unions, financial technology companies, and non-bank mortgage lenders.