Seasoned executive to propel Blend’s next phase of product innovation and growth
Blend Labs, Inc., a leading platform for digital banking solutions, today announced the appointment of Srini Venkatramani as Head of Product, Technology, and Customer Operations. Srini’s leadership will be instrumental in accelerating Blend’s next phase of growth in the digital banking space.
With over 23 years of experience, Srini joins Blend with a proven track record of scaling SaaS businesses, driving product innovation, and delivering accelerated value creation for stakeholders. In his role as Head of Product, Technology, and Customer Operations, he will orchestrate the company’s product vision, technology strategy, and operational excellence to ensure exceptional customer outcomes.
“I’m excited to join Blend and support its mission to bring simplicity and transparency to digital banking,” said Srini Venkatramani. “Blend’s culture is obsessively customer-centric, and it clearly radiates through the team’s passion for building impactful technology. I look forward to contributing my expertise and taking Blend into its next phase of growth as the industry’s most digitally-robust, efficient, and powerful origination platform.”
Read More: AP Automation Adoption: The Productivity Paradox
Srini draws on experience gained from working on three continents, where he has led product, engineering, and customer operations in organizations of various sizes, ranging from $35 million to $80 billion in annual revenue. Most recently, Srini spent five years as Chief Product and Technology Officer at PlanSource, where he spearheaded the development and execution of a multi-year product and operational strategy. Prior to that, Srini was a senior executive at IBM, where he was responsible for overall strategy, P&L management, and cross-functional leadership for the Publishing & Information services industry.
“I’m delighted to welcome Srini to Blend’s executive team,” said Nima Ghamsari, Co-Founder and Head of Blend. “With his leadership experience in product and technology and a track record of driving value creation for SaaS businesses, Srini will be invaluable as we continue our evolution into a platform-first company. With his expertise, we’ll be well-positioned to help our customers leverage Blend’s technology to unlock new opportunities and deliver even greater ROI.”
Ghamsari added, “I’m also grateful to Erik Wrobel for his outstanding product leadership over the past five years. He has had a remarkable career here at Blend, and we wish him the best in his next chapter.” Erik will depart Blend at the end of this year.
In the third quarter of 2024, Blend signed multi-year deals with new customers in both mortgage and consumer banking and accomplished significant milestones for the business, including a 50% year-over-year revenue growth in its Consumer Banking business. Earlier this year, Blend also announced a new strategic partnership with Haveli Investments that included a $150 million investment to advance the company’s goal of driving innovation and delivering lasting value for its customers and shareholders.
[To share your insights with us, please write to psen@itechseries.com ]
