Predict your next investment

Venture Capital
centennial.com

See what CB Insights has to offer

Investments

163

Portfolio Exits

49

Funds

8

About Centennial Ventures

Centennial Ventures is a venture capital firm investing in network companies and related enabling software and technology enterprises, with the potential to be market leaders. Their investment focus is on early and later-stage opportunities. Centennial Ventures VII, a $341 million partnership, is our most recent fund being invested.

Centennial Ventures Headquarter Location

600 Congress Avenue Suite 200

Austin, Texas, 78701,

United States

303-405

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Centennial Ventures News

Investor Profile: Sunrock Ventures

Jan 17, 2013

Apple Matthew Shaw from Sunrock Ventures is a member of FundingPost online! Venture Fund Member Profile Share This Profile: Sunrock Ventures is a Florida-based venture capital firm that will makeinvestments in a diversified portfolio of rapidly growing private companies across Florida and the Southeast. Florida and the Southeast are producing outstanding investmentopportunities; however, there is a severe shortage of venture capital andventure capital firms in the region. The Southeast comprises approximately 20 percent of the nation’s population, economic output and high tech industry, yet it attracted less than 5 percent of the total venture capital investments in 2006, and just 2.3 percent of the total venture capital in the country is managed by local firms. Sunrock Ventures intends to change this by focusing its investments oncompanies in Florida and the Southeast, where our geographic proximity and depth of experience will enable us to provide the financial support and guidance companies need to succeed. Sunrock will build a portfolio of 18 to 24 Southeastern companies, balanced across investment stage and industry sector, to produce superior investment returns over the next four years. Matthew Shaw Managing Director Sunrock Ventures a Florida native has been actively involved in the venture capital industry for the past 9 years. Prior to co-founding Sunrock Ventures he had been a General Partner and Managing Director for Crossbow Ventures beginning in 2002. Crossbow Ventures is a venture capital firm with a $170 million under management headquartered in West Palm Beach, Florida. Similar to Sunrock, Crossbow is also focused on investing in the Southeast US. Mr. Shaw was the lead partner on a number of deals while at Crossbow and was responsible for a number of the firm most profitable investments. Mr. Shaw was also responsible for generating a large portion of the firm''s total cash exits during his five years with the firm. Prior to joining Crossbow Ventures, Mr. Shaw was with Centennial Ventures and Prime New Ventures in Austin, Texas from 1998 to 2002. At Prime New Ventures, Mr. Shaw helped invest a $100 million fund with a focus on the communications, media and service industries. Mr. Shaw was then recruited by Centennial Ventures to help open an Austin, Texas office. While Mr. Shaw was with Centennial Ventures, the firm successfully raised their seventh fund which had capital commitments of approximately $400 million. It was at Prime New Ventures and Centennial Ventures that Mr. Shaw received training in the venture capital industry from a group of partners that had all been in the business since 1981. Mr. Shaw joined Prime New Ventures after completing his MBA degree from Harvard''s Graduate School of Business. Prior to business school, Mr. Shaw started his financial career in 1992 with Deloitte & Touche''s Financial Advisory Services Group where he performed financial analysis and IPO work for clients in a number of industries. While at Deloitte & Touche, Mr. Shaw passed the May 1992 CPA exam where he finished 4th in nation out of 60,000 candidates sitting for the exam. Mr. Shaw has invested in a number of private companies over his venture capital career. He has also sat on the board of a number of private and public companies including, 411Web Directories, Inc., ACH Processing Inc., ALN Medical Management Inc., Axya Medical Inc., Brainhunter Inc. (a public listed company on the Toronto Stock Exchange), Digital Interactive Streams, Inc., InfoDesk Inc., Internet Commerce Corp. (a public company on NASDAQ), Iviewit Holdings, Multicast Media Inc., Oncure Medical Corp., ScriptRx Inc., and X3D Technologies. Matthew participated in the FundingPost event: Miami Venture Capital Eventon Wed., May 21, 2008 in FL, Sponsored by FundingPost To list your Company on our website and make your profile available to Matthew and 7,500+ other VCs and Angel Investors, Click Here. About FundingPost For over Fourteen Years FundingPost has worked with thousandsof Angel and Venture Capital Investors. We believe that it isimportant to reach investors in every medium possible -both online and offline. We have been directly responsible fortons of success stories and Millions and Millions of dollars raised.We look forward to introducing your company to the leading Venture and Angel Investors nationwide. Sign up now: Entrepreneurs / Investors Join the FundingPost email list and learn how, when and where you can meet these Investors: Other Venture Profiles:

Centennial Ventures Investments

163 Investments

Centennial Ventures has made 163 investments. Their latest investment was in Banyan Water as part of their Series A - II on December 12, 2018.

CBI Logo

Centennial Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/10/2018

Series A - II

Banyan Water

$0.33M

No

1

5/16/2018

Seed VC

CoLabs Holdings

$4M

Yes

4

4/13/2018

Series A

Banyan Water

$0.93M

No

2

6/24/2016

Seed VC - III

Subscribe to see more

$99M

Subscribe to see more

10

5/30/2013

Series F

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/10/2018

5/16/2018

4/13/2018

6/24/2016

5/30/2013

Round

Series A - II

Seed VC

Series A

Seed VC - III

Series F

Company

Banyan Water

CoLabs Holdings

Banyan Water

Subscribe to see more

Subscribe to see more

Amount

$0.33M

$4M

$0.93M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

4

2

10

10

Centennial Ventures Portfolio Exits

49 Portfolio Exits

Centennial Ventures has 49 portfolio exits. Their latest portfolio exit was Slacker Radio on September 15, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/15/2017

Acquired

$99M

7

8/15/2016

Acq - Fin

$99M

2

10/17/2014

IPO

$99M

2

3/21/2013

Acquired

Subscribe to see more

Subscribe to see more

10

10/16/2012

Acq - Fin

Subscribe to see more

Subscribe to see more

0

Date

9/15/2017

8/15/2016

10/17/2014

3/21/2013

10/16/2012

Exit

Acquired

Acq - Fin

IPO

Acquired

Acq - Fin

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

7

2

2

10

0

Centennial Ventures Acquisitions

1 Acquisition

Centennial Ventures acquired 1 company. Their latest acquisition was Indiana Fiber Works on October 02, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/2/2007

$99M

Acq - Fin

1

Date

10/2/2007

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acq - Fin

Sources

1

Centennial Ventures Fund History

8 Fund Histories

Centennial Ventures has 8 funds, including Centennial Ventures VII LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/15/2002

Centennial Ventures VII LP

Early-Stage Venture Capital

Closed

$341M

1

7/31/1999

Centennial Fund VI LP

Subscribe to see more

Subscribe to see more

$99M

10

1/31/1997

Centennial Fund V LP

Subscribe to see more

Subscribe to see more

$99M

10

12/15/1993

Centennial Fund IV LP

Subscribe to see more

Subscribe to see more

$99M

10

12/31/1988

Centennial Fund III LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

3/15/2002

7/31/1999

1/31/1997

12/15/1993

12/31/1988

Fund

Centennial Ventures VII LP

Centennial Fund VI LP

Centennial Fund V LP

Centennial Fund IV LP

Centennial Fund III LP

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$341M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Centennial Ventures Team

9 Team Members

Centennial Ventures has 9 team members, including current President, Sean White.

Name

Work History

Title

Status

Sean White

President

Current

Duncan Butler

Managing Director

Current

Steven C. Halstedt

Managing Director

Current

Jeffrey Schutz

Managing Director

Current

Tiffany Cholez

Controller

Former

Name

Sean White

Duncan Butler

Steven C. Halstedt

Jeffrey Schutz

Tiffany Cholez

Work History

Title

President

Managing Director

Managing Director

Managing Director

Controller

Status

Current

Current

Current

Current

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.