SendingNetwork has received a total of $20 million in financing so far, including a seed round of $12.5 million on February 16, 2023, led by Signum Capital*, Insignia Ventures Partners*, and Mindworks Capital*, with participation from K3 Ventures, Lingfeng Innovation Fund (LIF), Aipollo Investment, and UpHonest Capital. On April 16 this year, it completed an expansion seed round of financing of $7.5 million, with participation from Nomad Capital, Symbolic Capital, Web3.com Ventures, Galxe, SWC Global, Coinbase Ex-CTO Balaji Srinivasan, and Yield Guild Games co-founder Gabby Dizon. The core team of Sending Labs began working at Microsoft in 2006, where they were responsible for developing Internet Explorer on Windows operating systems and mobile devices. In 2010, they founded Dolphin Browser, which quickly became one of the world's top mobile browsers with 200 million users.