13D Filings
BuzzFeed, Inc.
BZFD
Amendment
Ownership

9.20%

Total Shares

3,414,327

Issuer CIK

1828972

CUSIP

12430A300

Event Date

Mar 13, 2025

Accepted

Mar 18, 2025, 05:03 PM

Reporting Persons (8)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Patrick J. Kerins
Individual
9.20%3,414,32755,7123,358,615
NEA Partners 13, L.P.
Partnership
9.00%3,358,61503,358,615
NEA 13 GP, LTD
CO
9.00%3,358,61503,358,615
Forest Baskett
Individual
9.00%3,358,61503,358,615
Anthony A. Florence, Jr.
Individual
9.00%3,358,61503,358,615
Mohamad H. Makhzoumi
Individual
9.00%3,358,61503,358,615
New Enterprise Associates 13, L.P.
Partnership
9.00%3,358,61503,358,615
Scott D. Sandell
Individual
9.00%3,358,61503,358,615
Disclosure Items (7)

Security Title

Class A Common Stock, $0.0001 par value

Issuer Name

BuzzFeed, Inc.

Issuer Address

229 West 43rd Street, New York, NY, 10036

Filing Persons

New Enterprise Associates 13, L.P. ("NEA 13"); NEA Partners 13, L.P. ("NEA Partners 13"), which is the sole general partner of NEA 13; and NEA 13 GP, LTD ("NEA 13 LTD" and together with NEA Partners 13, the "Control Entities"), which is the sole general partner of NEA Partners 13; and Forest Baskett ("Baskett"), Patrick J. Kerins ("Kerins") and Scott D. Sandell ("Sandell") (together, the "Directors"), and Anthony A. Florence, Jr. ("Florence") and Mohamad H. Makhzoumi ("Makhzoumi"). The Directors are the directors of NEA 13 LTD. Florence, Makhzoumi and Sandell are each a member of the Executive Committee of NEA Management Company, LLC (the "Executive Committee"). The persons named in this Item 2 are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons."

Business Address

The address of the principal business office of NEA 13, each Control Entity, Kerins and Sandell is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Baskett and Makhzoumi is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, CA 94025. The address of the principal business office of Florence is New Enterprise Associates, 104 5th Ave., 19th Floor, New York, NY 10011.

Principal Occupation

The principal business of NEA 13 is to invest in and assist growth-oriented businesses located principally in the United States. The principal business of NEA Partners 13 is to act as the sole general partner of NEA 13. The principal business of NEA 13 LTD is to act as the sole general partner of NEA Partners 13. The principal business of each of the Directors and the Executive Committee is to manage the Control Entities, NEA 13 and a number of affiliated partnerships with similar businesses.

Convictions

During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Citizenship

NEA 13 and NEA Partners 13 are exempted limited partnerships organized under the laws of the Cayman Islands. NEA 13 LTD is an exempted company organized under the laws of the Cayman Islands. Each of the Directors is a United States citizen. Each of Florence and Makhzoumi is a United States citizen.

Not applicable.

Schedule A attached hereto as Exhibit 2 describes all transactions in the Issuer's Class A Common Stock that were effected during the past 60 days by the Reporting Persons. Depending on market conditions and other factors, NEA 13 and other Reporting Persons may dispose of additional shares of the Issuer.

Percentage of Class

As of March 17, 2025, NEA 13 is the record owner of 3,358,615 shares of Class A Common Stock (the "NEA 13 Shares"). As the general partner of NEA 13, NEA Partners 13 may be deemed to own beneficially the NEA 13 Shares. As the sole general partner of NEA Partners 13, NEA 13 LTD may be deemed to own beneficially the NEA 13 Shares. As directors of NEA 13 LTD, each of the Directors may be deemed to own beneficially the NEA 13 Shares. As an individual member of the Executive Committee, which committee has been delegated approval rights with respect to dispositions of the NEA 13 Shares, each of Florence and Makhzoumi may also be deemed to own beneficially the NEA 13 Shares. As of March 17, 2025, Kerins is the record owner of 55,712 shares of Class A Common Stock. Each Reporting Person disclaims beneficial ownership of the NEA 13 Shares other than those shares which such person owns of record. The percentage of outstanding Class A Common Stock of the Issuer which may be deemed to be beneficially owned by each Reporting Person is set forth on Line 13 of such Reporting Person's cover sheet. Such percentage was calculated based on 37,181,861 shares of Class A Common Stock reported by the Issuer to be outstanding as of March 12, 2025, on the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 14, 2025.

Number of Shares

Regarding the number of shares as to which such person has: (i) sole power to vote or to direct the vote: See line 7 of cover sheets (ii) shared power to vote or to direct the vote: See line 8 of cover sheets (iii) sole power to dispose or to direct the disposition: See line 9 of cover sheets (iv) shared power to dispose or to direct the disposition: See line 10 of cover sheets.

Transactions

Schedule A attached hereto as Exhibit 2 describes all transactions in the Issuer's Class A Common Stock that were effected during the past 60 days by the Reporting Persons.

Shareholders

No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, Common Stock beneficially owned by any of the Reporting Persons.

Date of 5% Ownership

Not applicable.

Not applicable.

Exhibit 1 - Agreement regarding filing of joint Schedule 13D. Exhibit 2 - Schedule A: Transactions during the past 60 days. Exhibit 3 - Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.

BuzzFeed, Inc. — Schedule 13D | 13D Filings