<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<previousAccessionNumber>0000947871-22-000155</previousAccessionNumber>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001490248</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>3</amendmentNo>
<securitiesClassTitle>Common Stock, $0.001 par value per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001529274</issuerCik>
<issuerName>ALKAMI TECHNOLOGY, INC.</issuerName>
<issuerCusip>01644J108</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>5601 Granite Parkway, Suite 120</com:street1>
<com:city>Plano</com:city>
<com:stateOrCountry>TX</com:stateOrCountry>
<com:zipCode>75204</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Brian R. Smith</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>541310</soleVotingPower>
<sharedVotingPower>14218240</sharedVotingPower>
<soleDispositivePower>541310</soleDispositivePower>
<sharedDispositivePower>14218240</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>14759550</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>14.69</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<comments>[1] For purposes of calculating beneficial ownership in this statement on this Schedule 13G/A as of December 31, 2024, the total number of shares of Common Stock outstanding is 100,496,654 as of September 30, 2024, as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed on October 31, 2024 with the Securities and Exchange Commission.  The percentage provided represents the number of shares of Common Stock beneficially owned by the applicable Reporting Person divided by the number of shares of Common Stock outstanding as reported by the Issuer.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>S3 Ventures Fund III, L.P.</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>14218240</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>14218240</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>14218240</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>14.15</classPercent>
<typeOfReportingPerson>PN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>S3 Ventures Fund GPLP III, L.P.</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>14218240</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>14218240</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>14218240</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>14.15</classPercent>
<typeOfReportingPerson>PN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>S3 Ventures III, L.L.C.</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>14218240</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>14218240</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>14218240</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>14.15</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>ALKAMI TECHNOLOGY, INC.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>5601 Granite Parkway, Suite 120, Plano, Texas, 75204</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>This statement on Schedule 13G/A is filed by Brian R. Smith, S3 Ventures Fund III, L.P. ("S3 Fund III"), S3 Ventures GPLP III, L.P. ("S3 GPLP III") and S3 Ventures III, L.L.C. ("S3 III LLC" and, collectively with Brian R. Smith, S3 Fund III, S3 GPLP III, the "Reporting Persons").  S3 GPLP III is the general partner of S3 Fund III.  S3 III LLC is the General Partner of S3 GPLP III.  Brian R. Smith is the Managing Director of S3 III LLC.  Each of S3 GPLP III, S3 III LLC and Mr. Smith may be deemed to have beneficial ownership of the shares held by S3 Fund III.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>The address of the principal business office of each of the Reporting Persons is 6300 Bridge Point Pkwy Building 1, Suite 405, Austin, TX 78730.</principalBusinessOfficeOrResidenceAddress>
<citizenship>Please refer to Item 4 on each cover sheet for each filing person.</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>For purposes of calculating beneficial ownership in this statement on this Schedule 13G/A, the total number of shares of Common Stock outstanding is 100,496,654 as of September 30, 2024, as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed on October 31, 2024 with the Securities and Exchange Commission.  &#13;
&#13;
As of December 31, 2024: &#13;
&#13;
Please refer to Item 9 on each cover sheet for each filing person.</amountBeneficiallyOwned>
<classPercent>Please refer to Item 11 on each cover sheet for each filing person.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>Sole power to vote or to direct the vote: Please refer to Item 5 on each cover sheet for each filing person.</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>Shared power to vote or to direct the vote: Please refer to Item 6 on each cover sheet for each filing person.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>Sole power to dispose or to direct the disposition of: Please refer to Item 7 on each cover sheet for each filing person.</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>Shared power to dispose or to direct the disposition of: Please refer to Item 8 on each cover sheet for each filing person.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<exhibitInfo>Exhibit 99.1  Joint Filing Agreement dated as of February 9, 2022, by and among S3 Ventures Fund III, L.P., S3 Ventures GPLP III, L.P., S3 Ventures III, L.L.C., and Brian R. Smith (incorporated by reference herein from Exhibit 99.1 to the Schedule G filed with the SEC by the Reporting Persons with respect to the Issuer on February 9, 2022).</exhibitInfo>
<signatureInformation>
<reportingPersonName>Brian R. Smith</reportingPersonName>
<signatureDetails>
<signature>/s/ Brian R. Smith</signature>
<title>Brian R. Smith</title>
<date>02/06/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>S3 Ventures Fund III, L.P.</reportingPersonName>
<signatureDetails>
<signature>S3 Ventures GPLP III, L.P.</signature>
<title>its General Partner</title>
<date>02/06/2025</date>
</signatureDetails>
<signatureDetails>
<signature>S3 Ventures III, L.L.C.</signature>
<title>its Manager</title>
<date>02/06/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ Brian R. Smith</signature>
<title>Brian R. Smith, Manager</title>
<date>02/05/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>S3 Ventures Fund GPLP III, L.P.</reportingPersonName>
<signatureDetails>
<signature>S3 Ventures III, L.L.C</signature>
<title>its Manager</title>
<date>02/06/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ Brian R. Smith</signature>
<title>Brian R. Smith, Manager</title>
<date>02/06/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>S3 Ventures III, L.L.C.</reportingPersonName>
<signatureDetails>
<signature>/s/ Brian R. Smith</signature>
<title>Brian R. Smith, Manager</title>
<date>02/06/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
