Fundraising Fox

Sentinel

Reno, US · Founded 2016 · Nevada LLC · 12 known investors

Sentinel is a blockchain-based protocol and SDK for building decentralized VPNs, where node discovery, sessions, payments, and bandwidth run on-chain across a network of independent node operators. It provides a white-label stack for developers to launch branded dVPN applications and for operators to host nodes and earn bandwidth rewards.

Also known as Sentinel dVPN · Sentinel Hub · Sentinel P2P

Founders & leadership

GH
Greg HughesManaging Member of Issuer
SS
Steve SixberryManaging Member of Issuer

Investors · 12

Also in the syndicate · 2

The SyndicateUniversity of Strathclyde

Funding

SEC filings, press & company announcements

$1.5M disclosed across 1 of 4 rounds · 2016–2025

$1.5MraisedSep 2018 · 13 investors · Residential
Rule 506(c)
Officers, directors & promoters on the filing
  • Greg HughesExecutive Officer, Director
  • Steve SixberryExecutive Officer, Director
Amount sold
$1.5M
Minimum investment
$100K
First sale
Sep 2016
Incorporated
Limited Liability Company, Nevada, 2016
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Sentinel is a peer-to-peer networking protocol and software development kit for building decentralized VPN (dVPN) applications. Node discovery, session authorization, payments and governance are handled on-chain rather than by a company-operated backend: the Sentinel Hub, built on the Cosmos SDK, records nodes, sessions and accounts, and validators verify sessions, subscription plans and payouts. Discovery is performed through an on-chain distributed hash table that the company describes as requiring no bootstrap nodes and no central servers, so any client can join with only an RPC endpoint.

A typical connection follows four steps: a direct HTTPS probe to a node's remote address returns live status (protocol type, peer count, location, bandwidth); a signed transaction creates an immutable on-chain session record; the node queries the chain to verify the session before issuing VPN credentials; and an encrypted tunnel is established directly between client and node using WireGuard (Curve25519) or V2Ray (VLESS/VMess). Bandwidth is supplied by independent operators, and wallets pay node operators directly on-chain in P2P, Sentinel's native token, with nodes selectable by country, price or protocol.

The stack — SDKs, protocol session layer, chain and node software — is open source. Official SDKs are published in JavaScript, C#/.NET, Go and Swift, targeting iOS, Android, macOS, Windows, Linux, web, TV and server environments, and builders can integrate their own payment rails including card processors, Apple Pay and Google Pay, or grant free access under conditional triggers.

Business model

Sentinel supplies the protocol, chain and open-source SDK layer that third parties use to launch branded dVPN applications, while independent operators contribute bandwidth from their own servers. The company positions the network itself — validators for compute, operators for bandwidth, on-chain settlement for payments — as the backend for application builders, who own their brand and distribution.

Payments for VPN bandwidth flow on-chain from user wallets directly to node operators, denominated in P2P, Sentinel's native token. Application builders can additionally charge end users through any payment rails they choose, including credit and debit cards, Apple Pay and Google Pay, or authorize free access under conditional triggers.

Traction

The company reports 1,418,375 people using dVPN apps built on Sentinel, 8+ dApps built on the protocol, more than 1,500 peer-to-peer bandwidth providers and over 6 petabytes of data consumed. Applications built on the network include Independent VPN, Ryn VPN (described as having a user base of over 10 million people), Sentinel Shield (the flagship open-source dVPN by Sentinel P2P), DVPN by NORSE, VALT and MeileVPN, spanning Android, iOS, macOS, Linux and Windows.

Latest developments

The network is presented as operating at scale, with real-time transaction, validator and global node map dashboards, network statistics, four official SDKs and platform-specific client guidance for iOS, Android, macOS, Windows, Linux, web, TV and server deployments.

Full profile — market position, technology, go-to-market, geography

Market position

Sentinel positions itself against centralized VPN providers, arguing that a single operator controls every server and key, that "no-log" is a legal rather than technical guarantee, that proprietary server software is unauditable, and that a single provider is subject to subpoenas, gag orders and policy changes after acquisition. It describes itself as the only open-source, decentralized framework on which to build a VPN application, exposing both application-side and server-side code.

The company's stated differentiators are that no single entity can compromise or log traffic, that traffic routes directly to a chosen node without a relay layer, that session authorization is cryptographic and on-chain rather than corporate, that the protocol is governed by validators rather than a board, and that every layer of the stack — node software, client, protocol and SDK — is open source and forkable.

Technology

The Sentinel Hub is a blockchain built on the Cosmos SDK that stores node, session and account state, provides finality, Sybil resistance and governance, and is secured by validators. Tunnels use WireGuard (Curve25519) or V2Ray (VMess/VLESS) end-to-end, with keys held on the user's device. An on-chain DHT handles discovery without bootstrap nodes. Client libraries are available in JavaScript, C#, Go and Swift, and node software, protocol, chain and SDKs are all published as open source, totalling 41,000+ lines of open code.

Go-to-market

Sentinel addresses three audiences directly from its site — end users who download a dVPN app, developers who build one using the SDK, and operators who host a node — and distributes documentation, SDKs and source code via GitHub. A plan manager lets builders pay for and add nodes to their subscription plan, filtering by country and encryption protocol. The P2P token is listed for purchase on MEXC and KuCoin spot markets and can be swapped on-chain via Osmosis and Skip Go.

Developers and companies wanting to ship white-label or branded VPN applications across mobile, desktop, browser, TV and server platforms; server operators who host dVPN nodes and are paid for bandwidth; and end users of the consumer dVPN apps built on the network.

Geography

Bandwidth is contributed by independent operators in 70+ countries, with 1,500+ servers spanning 90+ countries across six continents; listed locations include the United States, Japan, Germany, Brazil, the United Kingdom, Sweden, the Netherlands, Singapore and Switzerland.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries with node coverageJan 202690+ countries
DApps built on SentinelJan 20268+
Data consumed on networkJan 20266+ PB
Lines of open-source codeJan 202641,000+
Official SDK languagesJan 20264 languages
Peer-to-peer bandwidth providers / nodesJan 20261500+
Users of dVPN apps built on SentinelJan 20261,418,375 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Sentinel One14 shared keywordsSentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities. The company serves large enterprises, including many Fortune 500 organizations, to protect against cyber threats at scale.
Grafana (Link10 shared keywordsGrafana Labs builds an observability platform that collects, visualizes, and alerts on metrics, logs, traces, and profiles from multiple data sources. The platform serves operators and DevOps teams managing complex systems at scale, with AI-powered features to reduce data waste.
Docker8 shared keywordsDocker provides containerization and application development platform tools including sandboxes, governance, and security solutions for developers.
Coinbase8 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Qiita8 shared keywordsQiita provides platforms for engineers to record, share, and collaborate on technical knowledge and documentation. The company operates in the developer tools and knowledge-sharing space.
CoinGecko7 shared keywordsCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.
Better Stack7 shared keywordsBetter Stack is an observability and monitoring platform offering log management, metrics, incident alerting, and status pages for engineering teams, positioned as a cheaper alternative to Datadog. It targets software teams ranging from indie hackers to publicly traded companies.

Companies competing with Sentinel for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
SentinelNevada

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Sentinel do?
Sentinel is an open-source blockchain protocol and SDK for building decentralized VPN applications on a peer-to-peer bandwidth network.
Who are Sentinel's investors?
Sentinel's investors include Advanced Blockchain, Amentum Investment Management, Genblock Capital, Woodstock Fund, Intel Capital, Scottish Enterprise, SFC Capital, Shasta Ventures and 2 more.
How much funding has Sentinel raised?
Sentinel has disclosed $1.5M raised across 1 of its 4 known rounds.
Where is Sentinel headquartered?
Sentinel is headquartered in Reno, US.