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.
Amount Raised
$150 Million
Round Type
Series A
San FranciscoFinancial ServicesSoftwareFinanceFintechLendingBankingInvestors
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.
Quick answer
Blend Labs raised $150 Million in a Series A round, dated April 29, 2024. Investors: Haveli Investments. Blend Labs is based in San Francisco, California, United States.
- How much did Blend Labs raise?
- Blend Labs raised $150 Million in a Series A round on April 29, 2024.
- Who invested in Blend Labs?
- Haveli Investments is named as investors in this round.
- What does Blend Labs do?
- Blend Labs, Inc. is a leading provider of cloud banking services.
- Where is Blend Labs based and how big is it?
- Blend Labs is based in San Francisco, California, United States.
- Who are the decision-makers at Blend Labs?
- Fundz holds 1 contact at Blend Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Blend Labs that raised within 45 days of this round, from Fundz verified event records.
- QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
- CBi Group raised $15M (Series A) on May 23, 2024.
- NG.CASH raised $13M (Series A) on May 15, 2024.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Canza Finance raised $2.3M (Seed) on April 29, 2024.
- Constantinople raised $50M (Series A) on April 1, 2024.
Who to call at Blend Labs, and when
A new round usually means Blend Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Blend Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Blend Labs, from your own LinkedIn network
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Funding Insights
What this usually meansBlend 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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