Reno company raises $110M and surpasses $1B valuation in first institutional round co-led by Sequoia, Paradigm, and Patrick and John Collison
RENO, Nev. (May 19, 2026)—SendCutSend, a rapid custom manufacturer that has transformed domestic manufacturing, has reached a valuation of $1.01 billion following a recent $110 million investment. The funding was co-led by Sequoia, Paradigm, and Patrick and John Collison.
With this funding, SendCutSend is launching a comprehensive five-year initiative to strengthen the American industrial base. The company has committed to investing $1 billion in new U.S. manufacturing jobs and domestically produced materials. Additionally, more than $250 million will be allocated to expand existing facilities and establish new high-tech manufacturing hubs throughout the country.
A journey defined by discipline
Since 2018, SendCutSend has become the industry’s most reliable (and customer-obsessed) stateside manufacturer, focusing on perfecting a model where users can get an instant quote and begin production with the click of a button.
The decision to accept investment now was a strategic choice driven by a desire to meet the speed and volume requirements of a rapidly reindustrializing American economy. Initially, a $6M friends and family round with participation from Sandy Kory and Mark Sugarman gave Founder Jim Belosic the confidence to move faster, but the business continued funding itself and was largely bootstrapped until now.
According to Belosic, the company is raising money from a position of strength, having turned down daily inquiries from the investment community until the specific visions for faster turnaround and more efficient production were ready to be realized.
“I’m the most impatient person I know, but for eight years we played the long game because I refused to get into bed with the wrong people,” Belosic said. “By waiting, we built real muscle. We held out until the ‘reindustrialize’ vibe shifted and we found partners who actually understand that hardware is hard. Now we aren’t just building a company, we’re providing the engine for American manufacturing, faster than ever before.”
Scaling the ‘buy-now’ industrial model
SendCutSend replaces the legacy quote process with a direct and transparent buy-now interface and rapid production. Building off that core structure, the capital is being deployed into advanced equipment and new facilities to move the company further toward greater capabilities, wider product selection, lower prices, and faster production.
“The best founders love what they do and deeply respect their customers,” said Andrew Reed, partner at Sequoia. “Jim really loves making parts, and SendCutSend’s customer-first ethos is already famous. This combination has translated to a high-growth, profitable company for eight years. Reindustrializing the U.S. will require a hardware ecosystem to emerge, and SendCutSend is at the center of it. I know Jim is excited to use these funds to increase capacity and better serve his customers, and so are we.”
Powering the modern enterprise
SendCutSend’s transition from serving small-scale inventors to supporting large-scale enterprise production has happened organically over the last several years. By treating manufacturing as a software problem, the company has created a system that allows American production to compete with any global market on both speed and cost.
The company has shipped more than 30 million parts to over 300,000 customers, including Fortune 500 companies operating across aerospace, defense, space flight, data centers, robotics, automation, transportation, marine, agriculture, distribution, and manufacturing. Its components are foundational to high-growth categories, such as flight-ready hardware for commercial space programs, physical infrastructure for data center expansion, and mission-critical components that keep global supply chains operational.
Whether a customer requires a single prototype or tens of thousands of production parts, the platform ensures that the democratization of manufacturing remains a core brand promise.
“Jim and the SendCutSend team have quietly built the fastest manufacturing platform in the country,” said Matt Huang, Co-Founder and Managing Partner, Paradigm. “Every company building in the physical world – robots, rockets, EVs, defense – needs to iterate faster than their competition. SendCutSend is how they do it.”
Overall, SendCutSend’s goal is to move from the mill to a finished product in record time, removing every possible barrier between an idea and a physical object. SendCutSend is now positioned to serve a wider range of customers than ever before. Looking forward, the company intends to prove that with the right mix of software logic and hardware grit, the U.S. can once again lead the world in production.
A partnership of people
By holding out for the right partners on the right terms, SendCutSend has secured investment from backers who share its long-term vision for American reindustrialization without surrendering the board control or operational independence that have defined the company’s trajectory.
The partnership dynamic and vision for the future is best illustrated in Belosic’s own words: in his most recent post on X, he speaks directly to the relationship he’s built with his investors and what that partnership means for the company and the industry’s future.
This dual-pronged focus on recruiting the right partners to emphasize reindustrialization was particularly inspiring for the Collisons – especially since they, like Belosic, are founders.
“In the late 19th century, the American system made the country the world’s pre-eminent industrial power,” said Patrick Collison. “A new transformation in speed and flexibility is afoot today, and SendCutSend is the market leader.”
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About SendCutSendSendCutSend is an engine of the American reindustrialization movement. By merging software-first logic with high-speed domestic production, SendCutSend provides laser cutting, CNC machining, and finishing services with frictionless, instant-buy access. With a $1 billion commitment to American jobs and infrastructure over the next five years, SendCutSend is dedicated to making high-precision manufacturing accessible to everyone from independent inventors to the world’s largest enterprises.
