capital · May 20, 2026
SendCutSend Raises $110M at $1B Valuation Co-Led by Sequoia, Paradigm, Stripe Co-Founders
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SendCutSend raised $110 million in funding at a $1 billion valuation. The round was co-led by Sequoia, Paradigm, and Stripe co-founders Patrick and John Collison. Founder Jim Belosic previously bootstrapped the company to $200 million in revenue while rejecting venture capital and calling VCs “grifters.” The Reno, Nevada-based on-demand manufacturer produces custom sheet-metal parts for robotics, data centers, aerospace, and hardware sectors. Jim Belosic cited AI-driven customer demand as the reason for accepting external capital in 2026 after years of self-funding.
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