# VulcanForms funding: rounds and investors

> VulcanForms has raised $720M across 2 rounds since 2026. Investors include JP Morgan, Eclipse and 1789 Capital. Every round with its source.

Source: https://millionrounds.com/company/vulcanforms (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *VulcanForms*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advanced Manufacturing Aerospace & Space Defence Tech Manufacturing

Raised this month Valuation: $1.0B, Mar 2026

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Funding summary Updated 15 Nov 2026

**$720M** raised across 2 rounds since 2026, from 2 sources

**$220M** Series D **$500M** Round

- **Latest round:** Round, $500M Nov 2026
- **Led by:** JP Morgan and Apollo
- **Step-up i:** 2.3×
- **Investors:** 9 (4 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2027

**$220M** Series D

**$500M** Round

- **First round:** Series D, $220M
- **Biggest round:** $500M
- **Between rounds:** 9 months

## The rounds

- **Nov 2026** Round **$500M** *2 new* [JP Morgan](https://millionrounds.com/fund/jpmorgan) Lead [Apollo](https://millionrounds.com/fund/apollo) Lead Reported by Pulse 2.0
- **Jan 2026** Series D **$220M** *7 new* [Eclipse](https://millionrounds.com/fund/eclipse) Lead [1789 Capital](https://millionrounds.com/fund/1789-capital) Lead [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [SE Ventures](https://millionrounds.com/fund/se-ventures) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) [Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) [IEQ Capital](https://millionrounds.com/fund/ieq-capital) Reported by Ventureburn

## Founders and team

From VulcanForms's own website: 1 founder, 8 on the team.

**John Hart** Co-Founder

- **Matt Rose** Executive Vice President
- **Kevin Kassekert** CEO
- **Jeff Hemenway** Chief Revenue Officer
- **John Conway** Chief Operations Officer
- **Katie O’Kelly** Chief Quality Officer
- **Melissa Hoang** Chief People Officer
- **Mike Kenworthy** Chief Technology Officer
- **Tom Pacheco** Chief Financial Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series D** 2026 **Round** 2026 [JP Morgan](https://millionrounds.com/fund/jpmorgan) L [Eclipse](https://millionrounds.com/fund/eclipse) L [1789 Capital](https://millionrounds.com/fund/1789-capital) L [Apollo](https://millionrounds.com/fund/apollo) L [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [SE Ventures](https://millionrounds.com/fund/se-ventures) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) [Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) [IEQ Capital](https://millionrounds.com/fund/ieq-capital)

## Everyone who backed them

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round, led 1

[Eclipse](https://millionrounds.com/fund/eclipse) VC firm **1** round, led 1

[1789 Capital](https://millionrounds.com/fund/1789-capital) Private equity **1** round, led 1

[Apollo](https://millionrounds.com/fund/apollo) Company **1** round, led 1

[Industry Ventures](https://millionrounds.com/fund/industry-ventures) VC firm **1** round

[SE Ventures](https://millionrounds.com/fund/se-ventures) Corporate VC **1** round

[Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) VC firm **1** round

[Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) Private equity **1** round

[IEQ Capital](https://millionrounds.com/fund/ieq-capital) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vulcanforms).

## Also claim to have backed them

These 4 firms list VulcanForms as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) Angel network Per its own site

[Atlas Innovate](https://millionrounds.com/fund/atlas-innovate) VC firm Per its own site

[One Net Capital](https://millionrounds.com/fund/one-net-capital) Private equity Per its own site

[Stata Capital](https://millionrounds.com/fund/stata-capital) VC firm Per its own site

## Quick answers about VulcanForms

### Who invested in VulcanForms?

VulcanForms's investors include JP Morgan, Eclipse, 1789 Capital, Apollo and Industry Ventures, and 4 more on record. JP Morgan led its latest round.

### How much has VulcanForms raised?

VulcanForms has raised $720M across 2 rounds since 2026.

### When did VulcanForms last raise?

VulcanForms's most recent round was an Undisclosed round of $500M in Nov 2026, led by JP Morgan.

### What was VulcanForms's biggest round?

Its most recent round, $500M in Nov 2026, is also its largest on record.

### Who backed VulcanForms first?

VulcanForms's first round on record, in Jan 2026, was backed by Eclipse, 1789 Capital and Industry Ventures and 4 others.

### What stage is VulcanForms at?

VulcanForms's latest named round is an Undisclosed round, in Nov 2026.

### Where is VulcanForms based?

VulcanForms is based in the United States.

### Who led VulcanForms's rounds?

Eclipse led the Series D in 2026; JP Morgan led the Undisclosed round in 2026.

## Companies like VulcanForms

In the same sector, and raised in the last eighteen months.

[**Tristar AI** $29M · Nov 2026](https://millionrounds.com/company/tristar-ai)[**Coreshell Technologies** $54M · Nov 2026](https://millionrounds.com/company/coreshell-technologies)[**Path Robotics** $300M · Nov 2026](https://millionrounds.com/company/path-robotics)[**Reflect Orbital** $94M · Nov 2026](https://millionrounds.com/company/reflect-orbital)[**Shield AI** $7.0B · Nov 2026](https://millionrounds.com/company/shield-ai)[**Infinite Cooling** $12M · Nov 2026](https://millionrounds.com/company/infinite-cooling)

## Find investors like these

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