Placeholder is a thesis-driven venture capital partnership based in New York City that invests in decentralized information networks, blockchain protocols, and Web3 applications. The firm was founded in 2017 by Joel Monegro and Chris Burniske.
54% of their portfolio is in Crypto & Web3. They made 1 investment in the last 12 months. Their most common stage is series-a (46% of deals). Average disclosed round size is $30.2M (across 37 rounds with reported amounts).
Portfolio
31
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
41 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Squads | Unknown | $18M | Apr 2026 |
| BBotanix Labs | Pre-Seed | $3M | May 2024 |
 Movement Labs | Series A | $38M | Apr 2024 |
 Movement Labs | Series A | $38M | Apr 2024 |
| Squads | Series A | $10M | Jan 2024 |
| Movement Labs | Series A | $38M | Jan 2024 |
 Tensor | Seed | $3M | Mar 2023 |
 Monad | Seed | $19M | Feb 2023 |
 Obol | Series A | $12.5M | Jan 2023 |
 Obol | Series A | $12.5M | Jan 2023 |
 Zerion | Series B | $12.3M | Oct 2022 |
 Mona | Series A | $14.6M | Jul 2022 |
 3Box | Series A | $30M | Jan 2022 |
 Celestia Labs | Seed | $100M | Jan 2022 |
 Matter Labs | Series B | $50M | Nov 2021 |
| EElement Finance | Series A | $32M | Oct 2021 |
 Orca | Series A | — | Sep 2021 |
| Zerion | Series A | $8.2M | Jul 2021 |
| MMagic Labs | Series A | — | Jan 2021 |
 Futureswap | Series A | $12M | Jan 2021 |
| RRainmaker Games | Seed | $4.7M | Dec 2020 |
 API3 | Unknown | $3M | Nov 2020 |
 Nori | Seed | $4M | Sep 2020 |
 Polkadot | Unknown | $293.7M | Jan 2020 |
| Zerion | Seed | — | Dec 2019 |
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Top Co-Investors
Polychain Capital9 shared
Coinbase Ventures8 shared
Archetype8 shared
1kx7 shared
Dragonfly6 shared
Protocol Labs6 shared
Digital Currency Group5 shared
Andreessen Horowitz5 shared
SV Angel5 shared
Maven 115 shared
Collab+Currency5 shared
CoinFund5 shared
Blockchain.com Ventures4 shared
The LAO4 shared
Figment Capital4 shared
ConsenSys4 shared
Animoca Brands4 shared
Lemniscap3 shared
Wintermute Ventures3 shared
Alchemy Ventures3 shared
Last updated: 7 October 2026