<SEC-DOCUMENT>0001415889-24-012589.txt : 20240508
<SEC-HEADER>0001415889-24-012589.hdr.sgml : 20240508
<ACCEPTANCE-DATETIME>20240508162938
ACCESSION NUMBER:		0001415889-24-012589
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240429
FILED AS OF DATE:		20240508
DATE AS OF CHANGE:		20240508

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kneafsey Brian
		CENTRAL INDEX KEY:			0002020521
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40599
		FILM NUMBER:		24926652

	MAIL ADDRESS:	
		STREET 1:		415 KEARNY STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94108

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Blend Labs, Inc.
		CENTRAL INDEX KEY:			0001855747
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				455211045
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		415 KEARNY ST.
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94108
		BUSINESS PHONE:		(650) 550-4810

	MAIL ADDRESS:	
		STREET 1:		415 KEARNY ST.
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94108
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3-05082024_080528.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2024-04-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001855747</issuerCik>
        <issuerName>Blend Labs, Inc.</issuerName>
        <issuerTradingSymbol>BLND</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002020521</rptOwnerCik>
            <rptOwnerName>Kneafsey Brian</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>415 KEARNY ST.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94108</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Head of Revenue</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>833971</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>600000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Performance-based Restricted Stock Units</value>
                <footnoteId id="F3"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>400000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each Restricted Stock Unit (&quot;RSU&quot;) represents a contingent right to receive one share of BLND Class A Common Stock.</footnote>
        <footnote id="F2">The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.</footnote>
        <footnote id="F3">Each Performance-based Restricted Stock Unit (&quot;PSU&quot;) represents a contingent right to receive one share of BLND Class A Common Stock.</footnote>
        <footnote id="F4">The PSUs are eligible to vest in four (4) equal tranches based on the Company's stock price performance over a five year performance period, subject to the Reporting Person continuing to be a Service Provider through each such date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Winnie Ling, Attorney-in-fact</signatureName>
        <signatureDate>2024-05-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24-05082024_080530.htm
<TEXT>
<!DOCTYPE html PUBLIC "-//IETF//DTD HTML//EN">
<html><head><title>ex24-05082024_080530.htm</title></head><body style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<p style="margin-top:16px; margin-bottom:0px; font-size:12pt" align="center">POWER OF ATTORNEY</p>
<p style="margin-top:16px; margin-bottom:0px; text-indent:48px; font-size:12pt" align="justify">The undersigned, as a Section 16 reporting person of Blend Labs, Inc. (the </p>
<p style="margin:0px; font-size:12pt" align="justify"><font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Company<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>), hereby constitutes and appoints Winnie Ling, Michael Yiin,</p>
<p style="margin:0px; font-size:12pt" align="justify">Jonathan Stempel, Frewoini Kidanemariam and Daryl Labiana, as the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s</p>
<p style="margin:0px; font-size:12pt" align="justify">true and lawful attorneys-in-fact to:</p>
<p style="margin-top:16px;margin-bottom:-1pt;font-size:1pt"></p><p style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:96px; font-size:12pt; float:left">1.</p>
<p style="margin:0px; padding-left:96px; text-indent:-2px; font-size:12pt" align="justify">complete and execute Forms 3, 4 and 5 and other forms and all amendments</p>
<p style="margin:0px; padding-left:96px; font-size:12pt; clear:left" align="justify">thereto as such attorneys-in-fact shall in his or her discretion determine to</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">be required or advisable pursuant to Section 16 of the Securities Exchange</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">Act of 1934 (as amended) and the rules and regulations promulgated</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">thereunder, or any successor laws and regulations, as a consequence of the </p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s ownership, acquisition or disposition of securities of the</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">Company; and</p>
<p style="margin-top:16px;margin-bottom:-1pt;font-size:1pt"></p><p style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:96px; font-size:12pt; float:left">2.</p>
<p style="margin:0px; padding-left:96px; text-indent:-2px; font-size:12pt" align="justify">do all acts necessary in order to file such forms with the Securities and</p>
<p style="margin:0px; padding-left:96px; font-size:12pt; clear:left" align="justify">Exchange Commission, any securities exchange or national association, the</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">Company and such other person or agency as the attorneys-in-fact shall</p>
<p style="margin:0px; padding-left:96px; font-size:12pt" align="justify">deem appropriate.</p>
<p style="margin-top:16px; margin-bottom:0px; text-indent:48px; font-size:12pt" align="justify">The undersigned hereby ratifies and confirms all that said attorneysin-fact and</p>
<p style="margin:0px; font-size:12pt" align="justify">agent shall do or cause to be done by virtue hereof. &nbsp;The undersigned acknowledges that</p>
<p style="margin:0px; font-size:12pt" align="justify">the foregoing attorneys-in-fact, in serving in such capacity at the request of the</p>
<p style="margin:0px; font-size:12pt" align="justify">undersigned, are not assuming, nor is the Company assuming, any of the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s</p>
<p style="margin:0px; font-size:12pt" align="justify">responsibilities to comply with Section&nbsp;16 of the Securities Exchange Act of 1934 (as</p>
<p style="margin:0px; font-size:12pt" align="justify">amended).</p>
<p style="margin-top:21.333px; margin-bottom:0px; text-indent:48px; font-size:12pt" align="justify">This Power of Attorney shall remain in full force and effect until the undersigned</p>
<p style="margin:0px; font-size:12pt" align="justify">is no longer required to file Forms 3, 4 and 5 with respect to the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s holdings of</p>
<p style="margin:0px; font-size:12pt" align="justify">and transactions in securities issued by the Company, unless earlier revoked by the</p>
<p style="margin:0px; font-size:12pt" align="justify">undersigned in a signed writing delivered to the Company and the foregoing attorneys-in-</p>
<p style="margin:0px; font-size:12pt" align="justify">fact. </p>
<p style="margin-top:16px; margin-bottom:0px; text-indent:48px; font-size:12pt" align="justify">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to</p>
<p style="margin:0px; font-size:12pt" align="justify">be executed as of the date of the signature set forth below.</p>
<p style="margin-top:32px;margin-bottom:-1pt;font-size:1pt"></p><p style="margin-top:0px; margin-bottom:-2px; text-indent:276px; width:366px; font-size:12pt; float:left"><b>Signature</b>:</p>
<p style="margin:0px; padding-left:276px; text-indent:-2px; font-size:12pt"><u>/s/ Brian Kneafsey</u></p>
<p style="margin-top:32px;margin-bottom:-1pt;font-size:1pt"></p><p style="margin-top:0px; margin-bottom:-2px; text-indent:276px; width:366px; font-size:12pt; clear:left; float:left"><b>Print Name</b>:</p>
<p style="margin:0px; padding-left:276px; text-indent:-2px; font-size:12pt"><u>Brian Kneafsey</u></p>
<p style="margin-top:32px; margin-bottom:0px; padding-left:276px; font-size:12pt; clear:left"><b>Date of Signature</b>: <u>April 4, 2024</u></p>
<p style="margin-top:32px; margin-bottom:0px"><br></p>
</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
