Where is Nima ghamsari from?

Iranian
Ghamsari, a 35-year-old Stanford educated Iranian immigrant who was an early employee at Palantir and then co-founded Blend in 2012, is set to receive a “Muskian” $10.9 billion potential payday as part of the company’s looming stock listing.

Who is Nima ghamsari?

Nima Ghamsari is the CEO and co-founder of Blend, a Silicon Valley technology company transforming the $40+ trillion consumer lending industry.

Who is the Founder of Blend?

Nima Ghamsari
Congrats to Blend founder and CEO Nima Ghamsari — and the whole team — on today’s IPO which values the nine-year old company at $4 billion.

Is Blend profitable?

“For 2019 and 2020, our revenue was $50.7 million and $96.0 million, respectively, representing a 90\% year-over-year growth rate,” Blend said. However, the company is not profitable, which could deter investors not yet convinced that the product is so much more powerful than a slew of competitors.

How many employees does Blend have?

Blend has more than 500 employees, with offices in San Francisco, Los Angeles, and New York.

When was Blend founded?

2012
Blend Labs/Founded
Since it was founded in 2012, Blend has signed up some of the biggest banks in the country — including the likes of Wells Fargo and U.S. Bank — as well as a bevy of smaller, more traditional financial institutions across the U.S..

What does blend labs do?

Blend Labs, Inc. designs and develops software. The Company offers a platform that focuses on mortgage lending, as well as provides an application experience for home buying process for both buyers and lenders. Blend Labs serves customers worldwide.

Where is blend headquarters?

San Francisco, CA
Blend Labs/Headquarters

Will Blend go public?

Announcing Blend’s IPO: Accelerating our ability to serve our customers for decades to come. We started out by simplifying the mortgage application process. Now we’re re-architecting banking software around the consumer. I’m excited to announce Blend is now a publicly listed company (NYSE: BLND).

Who are Blend’s competitors?

Blend’s top competitors include LendingTree, Roostify, Quicken Loans, Maxwell, Cloudvirga, Figure and MeridianLink. Blend Labs is a company developing a consumer lending platform.

What banks use Blend?

Blend helps lenders streamline the customer journey for any banking product from application to close. Their Digital Lending Platform is used by Wells Fargo, U.S. Bank, and over 290 other leading financial institutions to acquire more customers, increase productivity, and deepen customer relationships.

Is Blend a private company?

Today, Blend made its debut as a publicly traded company on the New York Stock Exchange, trading under the symbol “BLND.” As of early afternoon, Eastern Time, the stock was trading up over 13\% at $20.36.