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§ Private Profile · Zug, Zug, Switzerland
Real-world asset (RWA) tokenization & onchain asset management infrastructure for institutional investors and DeFi, with automated lifecycle tools.
Centrifuge is a decentralized blockchain infrastructure provider that enables the tokenization and onchain management of real-world assets, such as institutional credit, investment funds, and government treasuries. The organization supplies institutional asset managers and decentralized finance participants with automated software tools designed for asset origination, comprehensive reporting, lifecycle management, and secondary market liquidity access. Operating at scale within the digital asset sector, the protocol has facilitated the tokenization of 1,768 distinct assets while maintaining over $1.3 billion in Total Value Locked. The network actively serves a diverse portfolio of traditional finance and cryptocurrency clients, including recognizable entities such as Janus Henderson Investors, Grove Labs, Leeward Management, and Parallel Limited. Supported by the Centrifuge Network Foundation to drive ongoing ecosystem development, Centrifuge was originally founded by Bhaji Illuminati, Anil Sood, Jeroen Offerijns, Martin Quensel, and Lucas Vogelsang.
Centrifuge has raised $30.8M across 5 funding rounds.
Key people at Centrifuge.
Centrifuge was founded in 2017 by Philip Stehlik (Co-Founder & CTO) and Martin Quensel (COO & co-founder) and Lucas Vogelsang (CEO & Cofounder).
Centrifuge has raised $30.8M in total across 5 funding rounds.
Centrifuge was founded in 2017 by Philip Stehlik (Co-Founder & CTO) and Martin Quensel (COO & co-founder) and Lucas Vogelsang (CEO & Cofounder).
Centrifuge has raised $30.8M in total across 5 funding rounds.
Centrifuge's investors include Felix Machart, Ben Forman, Galaxy Digital, Sinhae Lee, LAUNCHub Ventures, Robot Ventures, Symbolic Capital, Stefan George, Arrington Capital, Bloccelerate, Borderless Capital, Centrifuge.
Centrifuge has raised $30.8M across 5 funding rounds. Most recently, it raised $15.0M Series A in April 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 9, 2024 | Build on Bitcoin | $1.6M Other Equity | Marguerite DE Tavernost | Aave Foundation, Babylon, BlackRock, Curve, Injective, Magic Eden, Mechanism, Ordinals, Rarible, MacLane Wilkison, Vessel Capital |
| Apr 1, 2024 | Centrifuge | $15.0M Series A | Felix Machart, BEN Forman | Galaxy Digital, Sinhae LEE, LAUNCHub Ventures, Robot Ventures, Symbolic Capital, Stefan George, Arrington Capital, Bloccelerate, Borderless Capital, Circle Ventures, Edessa Capital, Gnosis, IOSG Ventures, Modular Capital, Protocap, RE7 Capital, Scytale Digital, Skynet Trading, Spartan Group, Stake Capital, TRGC, Wintermute Ventures |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2024 | $15M Series A | Felix Machart, BEN Forman | Galaxy Digital, Sinhae LEE, LAUNCHub Ventures, Robot Ventures, Symbolic Capital, Stefan George, Arrington Capital, Bloccelerate, Borderless Capital, Centrifuge, Circle Ventures, Edessa Capital, Gnosis, IOSG Ventures, Modular Capital, Protocap, RE7 Capital, Scytale Digital, Skynet Trading, Spartan Group, Stake Capital, TRGC, Wintermute Ventures | Announced |
| Nov 4, 2022 | $4M Venture Round | Coinbase Ventures | L1 Digital, Scytale Ventures | Announced |
| Feb 1, 2021 | $4M Series U | — | Adjacent, Aglae Ventures, Future Ventures, Galaxy Digital, Thiel Capital, What IF Ventures | Announced |
| Oct 1, 2019 | $4M Seed | — | Robot Ventures | Announced |
| Mar 6, 2018 | $3.8M Venture Round | BlueYard Capital, Mosaic Ventures | — | Announced |
Key people at Centrifuge.
Centrifuge LLC is a Reston, Virginia-based technology consulting firm specializing in data management, application development, cloud services, and DevSecOps solutions for federal government clients.[1][5][6] As an SBA 8(a) certified small business (graduated in 2025), it serves major U.S. agencies like Customs and Border Protection (CBP), Immigration and Customs Enforcement (ICE), and U.S. Citizenship and Immigration Services (USCIS), delivering data analytics, DevOps engineering, and identity services.[1][5] The company has shown steady growth, with 2022 revenue at $6.05 million (21.5% annual growth rate) and 35 employees, positioning it as a reliable partner in federal IT transformation.[1]
Founded on January 17, 2007, in Illinois and headquartered in Reston, VA, Centrifuge LLC began as a technology consulting provider focused on innovative e-business processes and IT solutions.[5][6] It federally registered in April 2015 and earned SBA 8(a) certification, enabling growth through government contracts.[5] Early traction came from expertise in data's "transformative power," evolving to support federal missions in data analytics and cloud migration, with pivotal contracts in DevSecOps and identity services for homeland security agencies.[1][5]
Centrifuge LLC rides the wave of federal digital modernization, where agencies prioritize cloud adoption, data analytics, and secure DevOps amid rising cybersecurity demands and budget constraints.[1][6] Timing aligns with post-2020 remote work shifts and AI integration in government, favoring small businesses like Centrifuge for agile, cost-effective solutions over legacy systems.[5] Market forces include SBA programs enabling set-asides for 8(a) firms and growing federal spend on IT services (e.g., identity and border security), influencing the ecosystem by amplifying data-driven decisions in homeland security.[1][5]
Centrifuge LLC is poised for expansion beyond its 8(a) graduation, leveraging 2025 federal contract wins and expertise in AI/ML and cloud to secure larger DevSecOps deals.[5][6] Trends like AIOps and zero-trust architectures will shape its path, potentially doubling revenue through diversified federal and commercial clients. Its influence may evolve from niche federal partner to broader IT innovator, sustaining growth in a data-centric government landscape—empowering clients as it has since 2007.[1][6]
