United States securities and exchange commission logo June 11, 2021 Nima Ghamsari Head of Blend Blend Labs, Inc. 415 Kearny Street San Francisco, California 94108 Re: Blend Labs, Inc. Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted May 28, 2021 CIK No. 0001855747 Dear Mr. Ghamsari: We have reviewed your amended draft registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this comment and your amended draft registration statement or filed registration statement, we may have additional comments. Unless otherwise noted, where prior comments are referred to they refer to our letter dated May 11, 2021. Amendment No. 1 to Draft Registration Statement on Form S-1/A Submitted May 28, 2021 Notes to Unaudited Pro Forma Condensed Combined Financial Statements, page 94 1. We note your revised presentation described in "(X)" in response to prior comment 10. Please revise to clarify that the number of shares of common stock in this calculation does not include those shares to be issued in this offering. Nima Ghamsari FirstName Blend Labs,LastNameNima Ghamsari Inc. Comapany June NameBlend Labs, Inc. 11, 2021 June 11, Page 2 2021 Page 2 FirstName LastName You may contact Melissa Kindelan, Senior Staff Accountant, at (202) 551-3564 or Christine Dietz, Senior Staff Accountant, at (202) 551-3408 if you have questions regarding the comment on the financial statements and related matters. Please contact Anna Abramson, Staff Attorney, at (202) 551-4969 or Jeff Kauten, Staff Attorney, at (202) 551-3447 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Rezwan D. Pavri, Esq.