Erin Collard Company: Blend

Erin Collard

Winner for Emerging Company

In working with some of the country’s top financial institutions, Blend is helping to create a digital mortgage ecosystem that enables safe, transparent and efficient lending, with the goal of making homeownership dreams a reality for more people every day. Under Erin’s guidance, the company now works with lending organizations that collectively control 25 percent of the total U.S. mortgage market, including the likes of Wells Fargo, US Bank, and Movement Mortgage, among others. In 2017, Erin led the company’s efforts to secure a $100 million Series D funding round led by Greylock Partners, bringing the company’s total funding up to $160 million. Thanks to the new funding, Blend is poised to scale and maintain its pattern of astronomical growth. In the past year, the company has more than doubled its headcount, now with over 250 employees and a new office in New York City. The funding is also fueling product growth into new loan segments, as well as expanding the company’s geographic footprint internationally. The financing is also helping to accelerate Blend’s integration with leading U.S. lenders, and support the company’s work within the broader lending ecosystem, which includes GSEs like Fannie Mae and Freddie Mac. Erin’s vision and dedication have led to major growth at Blend, which facilitated nearly $57 billion in mortgage applications in 2017 alone and grew its customer base by 350 percent in the past year. In his efforts to propel Blend’s business, Erin and his team have made tremendous strides in growing the company’s mindshare within the consumer lending industry, steadily establishing Blend as a role model for best practices within the highly-regulated financial services space.