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Independent equity research reports across 100+ public software companies, built for investing in great software to earn high returns. Ratings and research summaries stay free for everyone. Full Access unlocks the full research reports, the archive and the CSV export.
Research summaries stay free. Full Access unlocks the full research reports and the archive.
Blend Labs, Inc. (BLND) operates in FinTech & Vertical SaaS within our 130-company software coverage universe. BLND's Golden Door Quality Rating, 4-pillar universe percentile ranks, and archived equity research are unlocked with Full Access. Ratings and research summaries stay free for everyone.
Blend is paid per funded loan or opened account, but Mortgage Suite revenue fell 2% on churn in a flat market, the fourth quarter is guided down 8% to 15%, owner cash after stock pay is still negative, and a Series A preferred can be put for $225.0M in cash from 2029 against $44.2M of liquidity. Call: Avoid, conviction 4 of 5.
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| FinTech & Vertical SaaS · 2026-06 | Locked | Locked | Locked | Locked | Locked | 2026-06 | ||
