Fundraising Fox

Placeholder VC

Venture capital

New York · Seed–Series A · 6 people tracked

Also known as PLACEHOLDER MANAGEMENT, LLC

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Investment thesis

Placeholder is a venture capital firm focused on early-stage crypto and decentralized networks. Investing since 2017, it backs cryptonetworks, protocols, and Web3 infrastructure and applications, and publishes extensive research on token economics, network governance, decentralized finance, and blockchain scaling. Its portfolio spans smart contract platforms, DeFi protocols, and modular blockchain infrastructure, reflecting a thesis that decentralized networks can capture value in ways distinct from traditional companies.

Invests inCrypto & Web3GlobalNew York

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
New York, New York, US
Instruments
Equity
Founded
2017
AUM
$345.4M
Tracked investments
54

Team · 6 people

from the firm's website
Shelly Gogol· General Manager

What they invest in

from 28 of 54 portfolio companies

Crypto & Web3 ×24Fintech ×11Data & Infrastructure ×7Cloud Computing ×4Developer Tools ×4Enterprise Software ×4Consumer ×2SaaS ×2

HQs:United States×9Finland×1

Investments · 54 tracked

founders shown can be your intro path
Nerd Walletnerdwallet.com𝕏NASDAQ: NRDS

NerdWallet provides educational content and resources about investing, including articles, product reviews, and guidance on investment accounts and portfolio construction.

ConsumerFintechSan Francisco, US

Tim Chen(Executive Officer, Director)Jules Maltz(Director)Thomas Loverro(Director)

Redditreddit.comin𝕏NYSE: RDDT

A social platform where users post content and discussions that are ranked by community votes, reaching hundreds of millions of monthly visitors across web and mobile applications.

ConsumerMedia & EntertainmentSan Francisco, US

Steve Huffman(Founder)in

Matter Labsmatter-labs.ioin𝕏

Matter Labs builds Prividium, an Ethereum-secured blockchain platform designed for banks and financial institutions to issue, settle, and manage digital assets with privacy and compliance controls.

Crypto & Web3Enterprise SoftwareFintechGeorge Town, Grand Cayman

Alex Gluchowski(Executive Officer, Director)Christopher Burniske(Director)Aleksandr Vlasov(Director)

Board seatChristopher Burniske· per SEC Form D

Nori Inc / WASEC filingmedium confidence

Seattle, US

Paul Gambill(Executive Officer, Director)Latif Peracha(Director)Jim Adler(Director)

Board seatChristopher Burniske· per SEC Form D · $4M raise · filed Sep 2020

Risk LabsSEC filingmedium confidence

New York, US

Hart Lambur(Director)Xuelin Lu(Director)Christopher Burniske(Director)

Board seatChristopher Burniske· per SEC Form D · $4M raise · filed Sep 2018

3Box3box.io
Aleoaleo.org𝕏

Aleo is a Layer-1 blockchain platform powered by zero-knowledge cryptography that enables private, programmable, and scalable applications.

Crypto & Web3Developer ToolsEnterprise SoftwareFintech

Michael Beller(Executive Officer)Howard Wu(Founder)in

Arxarx.org𝕏

Arx develops secure chips that embed blockchain authentication into physical items like apparel, collectibles, and certificates, enabling decentralized provenance verification and digital experiences without centralized servers.

Crypto & Web3Deep TechHardware

Avantgarde Financeavantgarde.financein𝕏

Avantgarde Finance structures real-world asset (RWA) backed looping strategies to enhance capital efficiency for on-chain participants.

Crypto & Web3Fintech

Backpackbackpack.exchange
Bitcoin’s hash-rateblockchain.info
Botanixbotanixlabs.xyzin𝕏

Botanix is a Bitcoin-based blockchain platform for applications focused on Bitcoin financialization.

Crypto & Web3

Willem Schroe(Executive Officer)

Celestiacelestia.orgin𝕏

Celestia designs and operates custom, high-throughput blockchain infrastructure for enterprises, separating compute and storage to enable independent scaling.

Cloud ComputingCrypto & Web3Enterprise Software

Mustafa Al-Bassam(Chairman & CEO, Celestia Foundation)Nick White(Co-founder & CEO, Celestia Labs)Preston Evans(CTO, Celestia Labs)

Company 0companyzero.com
Compoundcompound.finance
connected with Jakethedecreddigest.com
DCRcoinmarketcap.com
Dcrdatadcrdata.org
Dcrstatsdcrstats.com
Decreddecred.org𝕏

Decred is a cryptocurrency protocol that uses a hybrid proof-of-work and proof-of-stake consensus system, emphasizing holder participation through direct voting rights and treasury-funded development.

Crypto & Web3

tacotime

Digital Asset Researchdigitalassetresearch.comin𝕏

Digital Asset Research provides data, research, and diligence services for institutional clients evaluating cryptocurrency and blockchain assets.

Crypto & Web3Data & InfrastructureEnterprise Software

Eclipseeclipse.builders𝕏

Eclipse is an Ethereum Layer 2 using the Solana Virtual Machine (SVM) to provide high-throughput execution while leveraging Ethereum's liquidity and security.

Cloud ComputingCrypto & Web3

Neel SomaniVijay Chetty(CEO)Terry Chung(Head of Strategy)Ben Livshits(CTO)

Erasureerasure.world
Etherscan Blockchain exploreretherscan.io𝕏

Etherscan is a blockchain explorer platform that provides search, API, and analytics services for Ethereum and multiple other blockchains.

Crypto & Web3Data & Infrastructure

Matthew Tan(CEO & Founder)

FOAMfoam.space
Gearboxgearbox.fi𝕏

Gearbox provides institutional credit infrastructure for tokenized real-world assets and stablecoins, offering margin, prime brokerage, and portfolio loan products.

Crypto & Web3FintechSaaS

Google monopolyjustinobeirne.com
Gyroscopegyro.finance𝕏

Gyroscope operates a decentralized finance protocol enabling passive liquidity provision through concentrated swap yields on volatile and stable asset pairs, and issues GYD, a stablecoin designed for efficient liquidity.

Crypto & Web3Fintech

Infinity Exchange

Institutional DeFi platform building transparent, efficient, and scalable interest rate and credit markets with a regulated KYC/AML front-end.

Jitojito.network𝕏

Jito optimizes transaction execution and MEV (maximal extractable value) rewards on the Solana blockchain network.

Crypto & Web3

Kamino Financekamino.finance

Kamino is a DeFi protocol on Solana that combines lending, liquidity provision, and leveraged trading in a single platform.

Crypto & Web3Fintech

liabilityvitalik.ca
MagicLinkmagic.linkin𝕏

Magic provides an API for embedded wallet creation, transaction signing, and onchain automation, serving developers and applications building on blockchain infrastructure.

Crypto & Web3Developer Tools

Makermakerdao.com
memcoin2xwebnetwork.com
Monadmonad.xyzin𝕏

Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.

Cloud ComputingCrypto & Web3Data & Infrastructure<UNKNOWN>

Keone Hon(Founder & CEO)

Movemove-book.com
Movement Labsmovementlabs.xyz
Obol Network Distributed validator networkobol.techin𝕏

Obol provides distributed validator infrastructure and staking solutions for the Ethereum blockchain, serving institutional operators and AI agents.

Cloud ComputingCrypto & Web3Data & Infrastructure

Orcaorca.soin𝕏

Orca is a liquidity protocol and trading platform on the Solana blockchain that enables users to discover, deploy, and manage yield strategies across decentralized liquidity pools.

Crypto & Web3Fintech

Pocket Networkpokt.network

Pocket Network provides decentralized infrastructure for Web3 applications, enabling developers to access blockchain data without relying on centralized providers.

Crypto & Web3Data & InfrastructureTampa, US

Pabel Nunez(Treasurer)Michael O'Rourke(President)Luis Correa(Vice President)Valerie Benitez(Secretary)Gregory M Karch(Authorized Representative, Attorney, DLT Law Group, P.A.)

Polymerpolymerlabs.org
principal-agent problemsinvestopedia.com
Sagasaga.xyz𝕏

Saga builds AI agents that enable creators, studios, and brands to deploy persistent character personalities across social platforms and messaging environments.

AI & Machine LearningCreator EconomySaaSLas Vegas, US

Kevin Dale Klassen(Director)Ryan Robert Dean(Executive Officer, Director)

Solanasolana.com

Solana is a blockchain network designed for high-performance internet capital markets, payments, and cryptocurrency applications.

Crypto & Web3Data & InfrastructureFintech

Anatoly Yakovenko(Founder)in

Solendsolend.fi
Soliditysoliditylang.org𝕏

Solidity is an open-source, object-oriented programming language for writing smart contracts that run on the Ethereum Virtual Machine.

Crypto & Web3Developer Tools

Squadssquads.so𝕏

Squads delivers financial services to businesses, individuals, and developers using open infrastructure and global internet capital markets.

Fintech

Stepan Simkin(Founder & CEO)

The Ethereum Foundationethereum.org𝕏

ethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors.

Crypto & Web3Developer ToolsEdTech

WeatherXM Community-powered DePIN weather networkweatherxm.comin𝕏

WeatherXM operates a decentralized weather network where station owners earn cryptocurrency tokens for providing hyperlocal weather data; the platform offers weather data APIs for businesses and research organizations while maintaining a global community-powered DePIN infrastructure.

Climate TechCrypto & Web3IoT

Zerionzerion.ioin𝕏

Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access.

Crypto & Web3Data & InfrastructureFintech

Evgeny Yurtaev(Founder & CEO)in

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Placeholder VC invest at?
Placeholder VC invests at the Seed, Series A stages.
What sectors does Placeholder VC focus on?
Placeholder VC focuses on Crypto & Web3.
Where is Placeholder VC located?
Placeholder VC is headquartered in New York, US.

From the blog

visit blog ↗

Placeholder VC has recently analyzed Solana's validator economics and decentralization challenges, questioned assumptions about L1 token monetary premiums, and developed composite metrics for comparing smart contract network performance across multiple financial and usage dimensions. AI summary

Media · Podcasts & interviews

featuring the team

Placeholder VC's Chris Burniske & Alex Evans @ OKCoin's $DCR/USD Listing

Decred · Chris Burniske

The Price and Value of Governance | Joel Monegro, Placeholder VC

TE Academy · Joel Monegro

🔴 Calculating Value & Risk in Crypto Investing - Chris Burniske (Placeholder VC)

The Blockcrunch Podcast · Chris Burniske

Co-investors · 21

Blockchain Capital

Blockchain Capital is a venture firm that has partnered with crypto builders since 2013, investing across the blockchain and digital asset ecosystem.

Both backed · 4
CelestiaMatter LabsPolymerTally DeFi Seed
$25K – $200K
Maven 11

Maven 11 is a venture firm that partners with founders from the earliest stages, providing hands-on, active support alongside its investments.

Both backed · 4
CelestiaSagaMovement LabsPolymer
Archetype

Archetype is an early-stage crypto venture firm backing founders building crypto-native companies and protocols, providing support across investing, engineering, protocol and mechanism design, policy, and community-building.

$100K – $10M
ParaFi Capital

ParaFi Capital is a multi-strategy investment firm operating across public and private markets, focused on financial technology and capital markets innovation, including digital assets.

VOLT CAPITAL

Volt Capital is a crypto-native venture fund that originated from the Token Daily community platform and maintains a separate validator arm to deeply understand blockchain networks they don't even invest in. The firm focuses on early-stage companies that use crypto rails but have familiar Web2-style business models, deliberately targeting overlooked areas from previous cycles while other VCs chase newer narratives.

Both backed · 2
$100K – $1M
Hashed

Hashed is a venture firm backing founders building in AI, crypto, blockchain, and frontier technology, with a global presence across key technology hubs.

$1M – $37M
Foundation Capital

Foundation Capital is a venture capital firm that invests in companies at their earliest, most formative stages, with a strong belief in the transformative power of design.

Both backed · 1
$250K – $15M
WEEKEND

Weekend Fund is an early-stage venture fund started by Ryan Hoover (founder of Product Hunt) and Vedika Jain, writing checks into consumer and B2B startups globally.

Both backed · 1
$100K – $300K
Dragonfly

Dragonfly is a crypto-focused investment fund that backs researchers and builders working to advance the crypto ecosystem.

Both backed · 1
$3M – $30M
Earl Grey Capital

Earl Grey Capital is an early-stage venture fund founded by operators who previously built Clearbit, an API-first data company acquired by HubSpot in 2023.

Both backed · 1
Shima Capital

Shima Capital is a $200M web3 seed fund led by Forbes 30 Under 30 investor and MIT instructor Yida Gao, who combines traditional finance, venture capital, and academic credentials rare among dedicated crypto funds. The firm maintains one of the highest early-stage deployment paces in crypto with over 100 investments in two years, using more than half its team for hands-on operational support through a proprietary platform that helps portfolio companies with talent, tokenomics, and specialized expertise like gaming.

Both backed · 1
$5M – $200M
9 more co-investors

Bain Capital CryptoFounders FundRedpoint VenturesNorthzoneSarona VenturesAglae VenturesBlockchange VenturesHyperchain CapitalDBA

Firms observed investing alongside Placeholder VC, from public investor directories. Shared companies are the overlap with Placeholder VC's recorded portfolio.

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