Filing Details

Accession Number:
0001193125-24-036553
Form Type:
13G Filing
Publication Date:
2024-02-13 19:00:00
Filed By:
Deer X & Co. Ltd.
Company:
Neuehealth Inc.
Filing Date:
2024-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Bessemer Venture Partners IX 448,648 0 448,648 0 448,648 5.6%
Bessemer Venture Partners IX Institutional 359,437 0 359,437 0 359,437 4.5%
Deer IX Co 999 0 808,085 0 999,086 12.5%
Deer IX Co. Ltd 999,086 0 808,085 0 999,086 12.5%
Bessemer Venture Partners Century Fund 26,129 0 26,129 0 26,129 0.3%
Bessemer Venture Partners Century Fund Institutional 164,872 0 164,872 0 164,872 2.0%
Deer X Co 0 0 191,001 0 191,001 2.3%
Deer X Co. Ltd 0 0 191,001 0 191,001 2.3%
132 0 132 0 132 0.0%
Bessemer Venture Partners VIII Institutional 132 0 132 0 132 0.0%
Deer VIII Co 132 0 132 0 132 0.0%
Deer VIII Co. Ltd 132 0 132 0 132 0.0%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

NeueHealth, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

10920V 40

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 10920V107    SHCHEDULE 13G    Page 2 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Bessemer Venture Partners IX L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

448,648

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

448,648

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

448,648

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.6% (1)

12.   

TYPE OF REPORTING PERSON

 

PN

 

(1)

The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 7,982,087 shares of Common Stock as of November 2, 2023, as reported by the Issuer in its Form 10-Q filed with the SEC on November 9, 2023.


CUSIP No. 10920V107    SHCHEDULE 13G    Page 3 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Bessemer Venture Partners IX Institutional L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

359,437

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

359,437

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

359,437

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

4.5% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 4 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer IX & Co. L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

999.086 (2)

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

808,085

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

999,086 (2)

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5%(1)

12.   

TYPE OF REPORTING PERSON

 

PN

 

(2)

Pursuant to a proxy arrangement between Deer X L.P. and Deer IX L.P., Deer IX L.P., its general partner Deer IX Ltd., and the directors of Deer IX Ltd. make voting decisions with respect to the 191,001 shares of the Issuer held in the aggregate by Bessemer Venture Partners Century Fund L.P. and Bessemer Venture Partners Century Institutional L.P.


CUSIP No. 10920V107    SHCHEDULE 13G    Page 5 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer IX & Co. Ltd.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

999,086 (2)

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

808,085

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

999,086 (2)

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5% (1)

12.   

TYPE OF REPORTING PERSON

 

CO


CUSIP No. 10920V107    SHCHEDULE 13G    Page 6 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Bessemer Venture Partners Century Fund L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

26,129

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

26,129

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

26,129

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.3% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 7 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Bessemer Venture Partners Century Fund Institutional L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

164,872

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

164,872

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

164,872

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.0% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 8 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer X & Co. L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

0 (2)

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

191,001

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

191,001

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.3% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 9 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer X & Co. Ltd.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

0 (2)

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

191,001

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

191,001

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.3% (1)

12.   

TYPE OF REPORTING PERSON

 

CO


CUSIP No. 10920V107    SHCHEDULE 13G    Page 10 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

15 Angels II LLC

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

132

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

132

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

132

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.0% (1)

12.   

TYPE OF REPORTING PERSON

 

OO


CUSIP No. 10920V107    SHCHEDULE 13G    Page 11 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Bessemer Venture Partners VIII Institutional L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

132

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

132

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

132

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.0% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 12 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer VIII & Co. L.P.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

132

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

132

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

132

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.0% (1)

12.   

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 10920V107    SHCHEDULE 13G    Page 13 of 21 Pages

 

 1.   

NAMES OF REPORTING PERSONS

 

Deer VIII & Co. Ltd.

 2.   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐  (b) ☒

 

 3.   

SEC USE ONLY

 

 4.   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.   

SOLE VOTING POWER

 

132

    6.   

SHARED VOTING POWER

 

0

    7.   

SOLE DISPOSITIVE POWER

 

132

    8.   

SHARED DISPOSITIVE POWER

 

0

9.   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

132

10.   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.0% (1)

12.   

TYPE OF REPORTING PERSON

 

CO


CUSIP No. 10920V107    SHCHEDULE 13G    Page 14 of 21 Pages

 

Item 1.

Issuer

(a) Name of Issuer:

NeueHealth, Inc. f/k/a Bright Health Group, Inc. (the Issuer)

(b) Address of Issuers Principal Executive Offices:

9250 NW 36th St Suite 420

Doral, FL 33178

 

Item 2(a).

Name of Person Filing:

This statement is being filed by the following persons with respect to certain shares of Common Stock (the Shares or the Common Stock) of the Issuer. Bessemer Venture Partners IX L.P. (Bessemer IX), Bessemer Venture Partners IX Institutional L.P. (Bessemer Institutional, and together with Bessemer IX, the Bessemer IX Funds), Bessemer Venture Partners Century Fund L.P. (Bessemer Century), Bessemer Venture Partners Century Fund Institutional L.P. (Bessemer Century Institutional, and together with Bessemer Century, the Bessemer Century Funds) and 15 Angels II LLC (15 Angels) directly own shares of Common Stock.

 

(a)

Deer IX & Co. Ltd. (Deer IX Ltd), the general partner of Deer IX & Co. L.P. (Deer IX LP);

 

(b)

Deer IX LP, the sole general partner of each of the Bessemer IX Funds;

 

(c)

Bessemer IX, which directly owns 448,648 Shares;

 

(d)

Bessemer Institutional which directly owns 359,437 Shares;

 

(e)

Deer X & Co. Ltd. (Deer X Ltd), the general partner of Deer X & Co. L.P. (Deer X LP);

 

(f)

Deer X LP, the sole general partner of the Bessemer Century Funds;

 

(g)

Bessemer Century, which directly owns 26,129 Shares;

 

(h)

Bessemer Century Institutional, which directly owns 164,872 Shares;

 

(i)

Deer VIII & Co. Ltd. (Deer VIII Ltd), the general partner of Deer VIII & Co. L.P. (Deer VIII LP);

 

(j)

Deer VIII LP, the sole general partner of Bessemer Venture Partners VIII Institutional L.P. (Bessemer VIII Institutional);

 

(k)

Bessemer VIII Institutional, the sole member of 15 Angels; and

 

(l)

15 Angels, which directly owns 132 Shares.

Deer IX Ltd, Deer IX LP, Deer X Ltd, Deer X LP, Deer VIII Ltd, Deer VIII LP, Bessemer IX, Bessemer Institutional, Bessemer Century, Bessemer Century Institutional, Bessemer VIII Institutional and 15 Angels are sometimes individually referred to herein as a Reporting Person and collectively as the Reporting Persons.

 

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons:

c/o Bessemer Venture Partners

1865 Palmer Avenue; Suite 104

Larchmont, NY 10583


CUSIP No. 10920V107    SHCHEDULE 13G    Page 15 of 21 Pages

 

Item 2(c).

Citizenship:

Deer IX Ltd Cayman Islands

Deer IX LP Cayman Islands

Bessemer IX Cayman Islands

Bessemer Institutional Cayman Islands

Deer X Ltd Cayman Islands

Deer X LP Cayman Islands

Bessemer Century Cayman Islands

Bessemer Century Institutional Cayman Islands

Deer VIII Ltd Cayman Islands

Deer VIII LP Cayman Islands

Bessemer VIII Institutional Cayman Islands

15 Angels Delaware

 

Item 2(d).

Title of Class of Securities:

Common Stock, $0.0001 par value

 

Item 2(e).

CUSIP Number:

10920V 40

 

Item 3.

Not Applicable. 

 

Item 4.

Ownership.

For Deer IX Ltd:

 

  (a)

Amount beneficially owned: 999,086 Shares

 

  (b)

Percent of class: 12.5%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 999,086

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 808,085

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Deer IX LP:

 

  (a)

Amount beneficially owned: 999,086 Shares

 

  (b)

Percent of class: 12.5%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 999,086

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 808,085

 

  (iv)

Shared power to dispose or to direct the disposition of: 0


CUSIP No. 10920V107    SHCHEDULE 13G    Page 16 of 21 Pages

 

For Bessemer IX:

 

  (a)

Amount beneficially owned: 448,648 Shares

 

  (b)

Percent of class: 5.6%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 448,648

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 448,648

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Bessemer Institutional:

 

  (a)

Amount beneficially owned: 359,437 Shares

 

  (b)

Percent of class: 4.5%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 359,437

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 359,437

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Deer X Ltd:

 

  (a)

Amount beneficially owned: 191,001 Shares

 

  (b)

Percent of class: 2.3%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 0

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 191,001

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Deer X LP:

 

  (a)

Amount beneficially owned: 191,001 Shares

 

  (b)

Percent of class: 2.3%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 0

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 191,001

 

  (iv)

Shared power to dispose or to direct the disposition of: 0


CUSIP No. 10920V107    SHCHEDULE 13G    Page 17 of 21 Pages

 

For Bessemer Century:

 

  (a)

Amount beneficially owned: 26,129 Shares

 

  (b)

Percent of class: 0.3%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 26,129

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 26,129

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Bessemer Century Institutional:

 

  (a)

Amount beneficially owned: 164,872 Shares

 

  (b)

Percent of class: 2.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 164,872

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 164,872

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Deer VIII Ltd:

 

  (a)

Amount beneficially owned: 132 Shares

 

  (b)

Percent of class: 0.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 132

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 132

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Deer VIII LP:

 

  (a)

Amount beneficially owned: 132 Shares

 

  (b)

Percent of class: 0.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 132

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 132

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For Bessemer VIII Institutional:

 

  (a)

Amount beneficially owned: 132 Shares

 

  (b)

Percent of class: 0.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 132


CUSIP No. 10920V107    SHCHEDULE 13G    Page 18 of 21 Pages

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 132

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

For 15 Angels:

 

  (a)

Amount beneficially owned: 132 Shares

 

  (b)

Percent of class: 0.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 132

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 132

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

The percentage of shares beneficially owned as set forth above is based on a total of 7,982,087 shares of Common Stock as of November 2, 2023, as reported by the Issuer in its Form 10-Q filed with the SEC on November 9, 2023.

Pursuant to a proxy arrangement between Deer X LP and Deer IX LP, Deer IX LP, its general partner Deer IX Ltd., and the directors of Deer IX Ltd. make voting decisions with respect to the 191,001 shares of the Issuer held in the aggregate by Bessemer Century and Bessemer Century Institutional.

 

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

As the general partner of Deer IX LP, which in turn is the general partner the Bessemer IX Funds, Deer IX Ltd may be deemed to beneficially own 808, 085 Shares held directly by the Bessemer IX Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. Additionally, pursuant to the proxy arrangement described above, Deer X LP may be deemed to beneficially own 191,001 shares of the Issuer held by Bessemer Century and Bessemer Century Institutional.

As the general partner of Deer X LP, which in turn is the general partner of the Bessemer Century Funds, Deer X Ltd may be deemed to beneficially own 191,001 Shares held directly by the Bessemer Century Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares.

As the general partner of Deer VIII LP, which in turn is the general partner of Bessemer VIII Institutional, which in turn is the sole member of 15 Angels, Deer VIII Ltd may be deemed to beneficially own 132 Shares held directly by 15 Angels and have the power to direct the dividends from or the proceeds of the sale of such Shares.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Exhibit 2 sets forth information regarding the identity of members of a group. The Reporting Persons disclaim membership in a group and this report shall not be deemed an admission by any of the Reporting Persons that they are or may be members of a group for purposes of Rule 13d-5 or for any other purpose.


CUSIP No. 10920V107    SHCHEDULE 13G    Page 19 of 21 Pages

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certification.

Not applicable.


CUSIP No. 10920V107    SHCHEDULE 13G    Page 20 of 21 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2024

 

DEER IX & CO. LTD.
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel
DEER IX & CO. L.P.
By:   Deer IX & Co. Ltd, its General Partner
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
BESSEMER VENTURE PARTNERS IX L.P.
BESSEMER VENTURE PARTNERS IX INSTITUTIONAL L.P.
By: Deer IX & Co. L.P., its General Partner
By: Deer IX & Co., Ltd., its General Partner
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER X & CO. LTD.
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel
DEER X & CO. L.P.
By: Deer X & Co. Ltd, its General Partner
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel

CUSIP No. 10920V107    SHCHEDULE 13G    Page 21 of 21 Pages

 

BESSEMER VENTURE PARTNERS CENTURY FUND L.P.
BESSEMER VENTURE PARTNERS CENTURY FUND INSTITUTIONAL L.P.
By: Deer X & Co. L.P., its General Partner
By: Deer X & Co., Ltd., its General Partner
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel
DEER VIII & CO. LTD.
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER VIII & CO. L.P.
By: Deer VIII & Co. Ltd, its General Partner
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel
BESSEMER VENTURE PARTNERS VIII INSTITUTIONAL L.P.
By: Deer VIII & Co. L.P., its General Partner
By: Deer VIII & Co., Ltd., its General Partner
By:  

/s/ Scott Ring

Name: Scott Ring
Title: General Counsel
15 ANGELS II LLC
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: Authorized Person