About SendCutSend
SendCutSend runs an online sheet metal fabrication service for businesses. Customers upload design files, such as STEP or DXF, and get instant pricing. The company makes the custom parts and delivers them in a few days. Its services include laser cutting, waterjet cutting, CNC machining, bending, welding, and finishing such as anodizing and powder coating.
SendCutSend was established in 2018 and is based in Reno, Nevada. It makes parts in Reno, Nevada; Paris, Kentucky; and Arlington, Texas. The team has more than 500 employees in more than 10 states. Jim Belosic is chief executive officer and founder. Erin Belosic is president, and Jacob Graham is chief technology officer.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 8, 2026 | Oct 23, 2026 | $140,499,720fully sold | 10 | $14.0M | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| May 1, 2026 | May 20, 2026 | $110,000,000fully sold | 8 | $13.7M | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Total, two offerings | $250,499,720 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Rounds announced by SendCutSend
What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
| Announced | Round | Amount | Investors | Source |
|---|---|---|---|---|
| May 19, 2026 | First institutional round | $110M | Sequoia, Paradigm, Patrick Collison and John Collison (co-led) (co-leads) | SendCutSend announcement ↗ |
| Oct 20, 2026 | Series B | Undisclosed | Spark Capital (lead), CRV, MHS, Sequoia, Paradigm | Fortune ↗ Dealroom ↗ |
Why Investors Backed SendCutSend
SendCutSend sells custom sheet metal and CNC-machined parts to businesses through an online ordering system. It raised $110 million in its first institutional round in May 2026. A Series B led by Spark followed in October. Dealroom reports that it values the company at $2.1 billion.
The problem it targets
An article on SendCutSend's Inc. 500 ranking says manufacturing can be full of long wait times, international outsourcing, and minimum order requirements. The company's own pitch is the reverse: parts priced instantly online and delivered in a few days.
What the product does
Customers upload a CAD file in formats such as .dxf, .dwg, .step, and .ai. They can also start from a customizable part template. The site gives instant pricing. Beyond cutting, the company offers bending, welding, countersinking, dimple forming, hardware insertion, tapping, tumbling, deburring, anodizing, plating, and powder coating. Jacob Graham, the chief technology officer, leads the engineers who build the customer app and the internal system for production, sales, and support. The site lists NET 30 payment terms.
Progress so far
The company's blog runs customer stories. One covers Poseidon Robotics, which builds underwater ROVs with laser-cut aluminum. Another covers Ronin Bicycle Works and its sheet metal bike frames. A third looks at scaling tactical drone production with rapid metal prototyping. A release from a Pennsylvania governor's office says SendCutSend is investing $63.2 million in the state. The project is set to create 309 new jobs over three years.
Who backs it
The $110 million round in May 2026 was the company's first institutional round. Sequoia, Paradigm, Patrick Collison, and John Collison co-led it, and the valuation passed $1 billion. Before that, a $6 million friends and family round included Sandy Kory and Mark Sugarman. In October, Fortune reported a new round led by Spark, with CRV, MHS, Sequoia, and Paradigm taking part. Dealroom calls it a Series B at a $2.1 billion valuation.
How the market is moving
The Fabricator wrote in July 2026 that the $110 million round highlights the potential of web-first manufacturing.
We wrote this summary from public statements by SendCutSend and its investors. It is not investment advice.
SendCutSend in the News
Leadership Team
Executive officers and directors listed on SendCutSend's Form D filed Oct 23, 2026.
