Canapi Ventures led a $75m series F round for Salesforce Ventures-backed Blend, valuing the digital lending platform at almost $1.7bn.

Blend, a US-based digital lending platform that counts enterprise software vendor Salesforce as an investor, picked up $75m in a series F round yesterday led by venture capital firm Canapi Ventures.

Singaporean government-owned investment firm Temasek also took part in the round, as did General Atlantic, 8VC, Greylock Partners and Emergence Capital Partners, and the funding was raised at a valuation of nearly $1.7bn.

Founded in 2012, Blend has built a software platform that serves as a digital layer for…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.