Nevada-based SendCutSend has raised a Series B funding round led by Spark Capital at a $2.1 billion valuation, nearly doubling its value in approximately five months.
CRV, MHS Capital, Sequoia Capital and Paradigm also participated. The company did not disclose the amount raised in the Series B.
The financing follows a $110 million funding round in May 2026, which valued SendCutSend at approximately $1.1 billion.
Founded in 2018 by Jim Belosic, the company is building a digitally managed manufacturing service that allows customers to order custom metal and other fabricated parts without navigating traditional procurement processes.
The idea emerged from an unusual project. In 2017, Belosic was converting a Ford Model A into a steam-powered car and needed small, precision-cut components. Getting those parts manufactured was unexpectedly difficult, particularly because the order was small and highly customized.
He launched SendCutSend to make custom fabrication more accessible. Its first customer order was for pickleball keychains.
Today, customers upload computer-aided design files, receive automated pricing and order parts through an online interface. SendCutSend handles production through processes including laser cutting, CNC machining and bending.
The company has attracted customers from some of the fastest-growing areas of American manufacturing. Its customers include Waymo, Zipline, Anduril, Relativity Space, K2 Space, Castelion and Telo Trucks.
According to Fortune, SendCutSend also serves companies representing approximately 60% of the Fortune 500.
The business spent years growing without major institutional venture backing. Sequoia partner Andrew Reed said it had already reached nine figures in revenue before pursuing its recent expansion financing, although an exact revenue figure was not disclosed.
SendCutSend's appeal is different from that of traditional software startups. Rather than selling digital subscriptions, it uses software to simplify access to physical manufacturing capacity.
Its model allows engineering teams to order prototypes and production components without maintaining their own fabrication equipment or negotiating individually with manufacturing suppliers.
The company plans to expand production capacity, establish additional facilities and reduce delivery times by manufacturing closer to customers.
The funding reflects growing investor interest in the modernization of American manufacturing, particularly as robotics, defense, aerospace and industrial automation companies require increasingly complex components.
However, manufacturing economics differ substantially from software. Expanding production requires equipment, facilities, inventory, skilled labor and working capital.
SendCutSend must demonstrate that its digital ordering infrastructure can support profitable growth as its physical footprint expands. Faster turnaround and greater manufacturing capacity will matter more than software-style growth metrics alone.
The valuation also creates higher expectations for a business operating in a capital-intensive industry. Its next test is whether it can convert new investment into sustained revenue growth, shorter lead times and manufacturing capacity without sacrificing unit economics.