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Blend hopes to be valued at $4B following IPO

Housing Wire

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. The company also announced expectations to have a total of 219.6

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Proptech HomeLight raises $115 million, acquires Accept.inc

Housing Wire

The total funding, since the startup’s launch in 2012, is about $645 million and its valuation is at roughly $1.7 The company also announced Thursday it will acquire Accept.inc, a Denver, Colorado-based lending startup, in an all-stock transaction for an undisclosed amount. The deal is expected to close in coming weeks. .

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Blend, valued at $3.3B, plans to go public

Housing Wire

billion valuation. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. The digital lending software provider has even been breaking into adjacent businesses of late. That January round gave Blend a $3.3 In all, its technology platforms saw $1.4

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Blend CEO Nima Ghamsari to speak at Spring Summit

Housing Wire

Earlier in his career when working on data projects for large banks, Ghamsari realized how data and technology could be used to improve the process and affect positive change across mortgages and consumer lending more broadly. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders.

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Blend reaches unicorn status with $75 million Series F raise

Housing Wire

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Freddie Mac also found a 50% increase in appraisals completed in 2020 compared to 2012, but no more appraisers on hand to complete those appraisals than there were in 2020. In the traditional appraisal model, we ask appraisers to perform every single component of the valuation process. Delegating onsite data collection.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Miami-based Marketwise Valuation Services , another AMC, was No. Source: Inc.