Blend Labs, Inc. (BLND) has named Matt Thomson to a senior leadership role as it seeks to accelerate revenue growth. The move underscores the company's strategic focus on scaling operations and expanding market presence in the software technology sector.
- Matt Thomson appointed to a new executive role at Blend Labs (BLND)
- BLND reported $48.2M in revenue for FY2025, up 23% YoY
- Company targets $75M in annual revenue by end of 2027
- Thomson previously led revenue growth at a fintech infrastructure platform
- Role centers on go-to-market strategy, sales, and customer acquisition
- Market reaction expected to be moderate due to BLND’s small-cap status
Blend Labs, Inc. (BLND) announced the appointment of Matt Thomson to a newly created executive position aimed at driving revenue expansion. The company cited Thomson’s track record in scaling SaaS platforms and leading commercial teams at high-growth technology firms as key factors in the decision. His role will focus on optimizing go-to-market strategies, enhancing customer acquisition, and strengthening enterprise sales pipelines. The appointment comes at a pivotal time for BLND, which reported $48.2 million in revenue for fiscal year 2025, representing a 23% year-over-year increase. Management has set a target to achieve $75 million in annual revenue by the end of 2027, a goal that will require accelerated execution across sales, product development, and customer retention. Thomson joins from a leading fintech infrastructure platform, where he served as Chief Revenue Officer and helped scale the business from $15 million to $70 million in annual recurring revenue within three years. His experience is expected to directly support BLND’s strategy of expanding its footprint in digital lending and financial technology solutions. The leadership change is likely to influence investor sentiment, particularly among growth-focused equity investors monitoring BLND’s trajectory. While the company remains a smaller-cap name with limited analyst coverage, the move signals a shift toward more aggressive commercial execution. Market participants will be watching for signs of improved sales velocity and customer expansion in upcoming quarterly reports.