Blend Secures $100 Million

Mobile company Blend just closed $100 million in Series D financing. Greylock Partners, Emergence Capital Partners, 8VC, Lightspeed Venture Partners, and Nyca Partners participated in the funding.

Blend is a Silicon Valley technology company that aims to transform the consumer lending ecosystem. Blend’s technology delivers speed and efficiency to lenders to help them serve borrowers and safely navigate the industry’s changing rules and regulations. For homebuyers, the company’s product means a clear, guided path to a new home. For lenders, it means modern, easy-to-use tools that let employees spend their time helping customers, rather than on repetitive, manual tasks.

The company revealed that, with the new capital, Blend will accelerate innovation in the consumer lending ecosystem.