Blend Labs, Inc. raises $150M in Series A funding led by Haveli Investments to strengthen its financial position and balance sheet for long-term growth.
Apr 29, 2024•over 1 year ago
Amount Raised
$150 Million
Round Type
series a
Investors
Haveli Investments
Description
Blend Labs, Inc. has announced a strategic partnership with Haveli Investments, including a $150 million investment. The investment will be used to repay existing credit agreement amounts and for general corporate purposes, further strengthening Blend’s financial position for long-term growth and value creation.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech