SCHEDULE 13G/A 0001679307 XXXXXXXX LIVE 2 Class A Common Stock, $0.00001 par value per share 06/30/2025 0001855747 Blend Labs, Inc. 09352U108 7250 Redwood Blvd. Suite 300 Novato CA 94945 Rule 13d-1(d) 8VC Co-Invest Fund I, L.P. b DE 0 6897728 0 6897728 6897728 N 2.7 PN All shares are held by 8VC Co-Invest LP (as defined in Item 2(a) of the Original Schedule 13G (as defined below)). 8VC Co-Invest GP (as defined in item 2(a) of the Original Schedule 13G) is the general partner of 8VC Co-Invest LP. Lonsdale (as defined in Item 2(a) of the Original Schedule 13G) is the sole managing member of 8VC Co-Invest GP and may be deemed to have voting, investment and dispositive power with respect to the shares held by 8VC Co-Invest LP. The percentage in Row 11 is based on 254,775,978 shares of Common Stock (as define in Item 2(d) of the Original Schedule 13G) outstanding as of April 30, 2025, as reported by the Issuer in its quarterly report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 8, 2025 (the "Form 10-Q"). 8VC Co-Invest GP I, LLC b DE 0 6897728 0 6897728 6897728 N 2.7 OO All shares are held by 8VC Co-Invest LP. 8VC Co-Invest GP is the general partner of 8VC Co-Invest LP. Lonsdale is the sole managing member of 8VC Co-Invest GP and may be deemed to have voting, investment and dispositive power with respect to the shares held by 8VC Co-Invest LP. The percentage in Row 11 is based on 254,775,978 shares of Common Stock outstanding as of April 30, 2025, as reported by the Issuer in the Form 10-Q. 8VC Opportunities Fund II, L.P. b DE 0 4975791 0 4975791 4975791 N 2.0 PN All shares are held by Opportunities II (as defined in Item 2(a) of the Original Schedule 13G). Opportunities GP II (as defined in item 2(a) of the Original Schedule 13G) is the general partner of Opportunities II. Lonsdale is the sole managing member of Opportunities GP II and may be deemed to have voting, investment and dispositive power with respect to the shares held by Opportunities II. The percentage in Row 11 is based on 254,775,978 shares of Common Stock outstanding as of April 30, 2025, as reported by the Issuer in the Form 10-Q. 8VC Opportunities GP II, LLC b DE 0 4975791 0 4975791 4975791 N 2.0 OO All shares are held by Opportunities II. Opportunities GP II is the general partner of Opportunities II. Lonsdale is the sole managing member of Opportunities GP II and may be deemed to have voting, investment and dispositive power with respect to the shares held by Opportunities II. The percentage in Row 11 is based on 254,775,978 shares of Common Stock outstanding as of April 30, 2025, as reported by the Issuer in the Form 10-Q. Joe Lonsdale b X1 11873519 0 11873519 0 11873519 N 4.7 IN Consists of (i) 6,897,728 shares of Common Stock held by 8VC Co-Invest LP and (ii) 4,975,791 shares of Common Stock held by Opportunities II. 8VC Co-Invest GP is the general partner of 8VC Co-Invest LP. Lonsdale is the sole managing member of 8VC Co-Invest GP and may be deemed to have voting, investment and dispositive power with respect to the shares held by 8VC Co-Invest LP. Opportuniites GP II is the general partner of Opportunities II. Lonsdale is the sole managing member of Opportunities GP II and may be deemed to have voting, investment and dispositive power with respect to the shares held by Opportunities II. The percentage in Row 11 is based on 254,775,978 shares of Common Stock outstanding as of April 30, 2025, as reported by the Issuer in the Form 10-Q. Blend Labs, Inc. 7250 Redwood Blvd., Suite 300, Novato, CA 94945 This Amendment No. 2 (this "Amendment") amends and supplements the Schedule 13G originally filed by the Reporting Persons with the Securities and Exchange Commission on February 14, 2022, as amended by Amendment No. 1 filed with the Securities and Exchange Commission on February 8, 2023 (collectively, the "Original Schedule 13G"). Only those items that are hereby reported are amended; all other items reported in the Original Schedule 13G remain unchanged. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Capitalized terms not defined in this Amendment have the meaning ascribed to them in the Original Schedule 13G. N See Row 9 of the cover page for each Reporting Person and the corresponding comments.* See Row 11 of the cover page for each Reporting Person and the corresponding comments.* See Row 5 of the cover page for each Reporting Person and the corresponding comments.* See Row 6 of the cover page for each Reporting Person and the corresponding comments.* See Row 7 of the cover page for each Reporting Person and the corresponding comments.* See Row 8 of the cover page for each Reporting Person and the corresponding comments.* *Each of the Reporting Persons disclaims beneficial ownership as to such shares, except to the extent of such Reporting Person's pecuniary interest therein. N Y N N N N Y 8VC Co-Invest Fund I, L.P. /s/ Ian Shannon 08/12/2025 8VC Co-Invest GP I, LLC /s/ Ian Shannon 08/12/2025 8VC Opportunities Fund II, L.P. /s/ Ian Shannon 08/12/2025 8VC Opportunities GP II, LLC /s/ Ian Shannon 08/12/2025 Joe Lonsdale /s/ Joe Lonsdale 08/12/2025