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Centrifuge
Decentralized asset finance
- 21-100 employees
- Fintech
- B2B
- Lending
- Blockchain
- Financial District, San Francisco, CA
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Company mission
Centrifuge is unlocking economic opportunity for all by connecting people to borrow and lend money transparently and cost-effectively.
55% employee growth in 12 months
Our take
Cash flow gaps represent a real threat to many large-scale businesses and manufacturers. Centrifuge minimizes that threat by leveraging blockchain to ensure businesses always get paid on time.
The company was founded by leading supply-chain financing provider Taulia, which moves billions of dollars every day. Their expertise and enviable track record has lent the company considerable status and credibility. The option to finance real-world assets without the involvement of a bank, and with the openness of blockchain, has had broad appeal.
Centrifuge won a spot on Polkadot's parachain in 2022. These sorts of partnerships and developments will allow the company to successfully compete with other decentralized financing solutions. Series A funding awarded in 2024 is being used to accelerate the widespread adoption of DeFi solutions.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible work hours
Company values
- Sustainability - Growing profitably and acting responsibly towards all stakeholders
- Openness - Driving change and progress internally and externally
- Enjoyment - Working in an energetic and rewarding environment
Funding (last 2 of 5 rounds)
Apr 2024
$15m
SERIES A
Nov 2022
$4m
EARLY VC
Total funding: $30.8m
Leadership
Lucas Vogelsang
(CEO)Previously worked as Engineering Manager at Taulia, and as a Freelance Software Developer at Close.io.
Martin Quensel
(COO)Previously served as CTO of ReadSoft, and also co-founded BayBrain and Taulia.
Markus Ament
(Board Member)Was ReadSoft project supervisor at Apple, and then CTO of ReadSoft. Co-founded Taulia.