A company case study stated that the addition of Restb.ai’s technology enables it to speed appraisal completion by more than 50% or 3 hours per project
Revenue from Blend's biggest business, its mortgage software suite, fell 6% in 2024 to $73.3M. A 42% increase in consumer banking suite revenue, to $33.7M, more than made up the difference
Sonar can be white-labeled for companies wanting to deliver their own solution to the market and can help smaller firms deliver a competitive software solution to tech-forward consumers
Founded in 2020 by Blend veterans Mike Yu and Devon Yang in San Francisco, loan origination system has rolled out a series of product upgrades since $30M Series A
While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2% of mortgages originated in H2 2022
The Series B round was led by F-Prime Capital alongside Sequoia Capital, Freestyle Capital and Founders Fund
Mortgage software is designed to help lenders offer a 'modern borrowing experience'
Roostify helps homebuyers, lenders and real state agents collaborate