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.