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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.

PUBLIC · BLNDApr 29, 2024

Amount Raised

$150 Million

Round Type

Series A

San FranciscoFinancial ServicesSoftwareFinanceFintechLendingBanking

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.

Company Information

Company

Blend Labs

Location

San Francisco, California, United States

About

Blend Labs, Inc. is a leading provider of cloud banking services.

Fundz sees it the moment Blend Labs raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Blend Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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