# Placeholder: portfolio, investments and team > Placeholder is a vc firm based in United States. 2 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/placeholder (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Placeholder Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $66M, Jul 2023 VC firm Pre-seed Seed Series A Crypto Blockchain Decentralized Networks Follow Placeholder and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fplaceholder) Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **737** days **00** hrs **00** min **00** sec Median round **$51M** Rounds led **1 of 2** Pitch Placeholder ## Placeholder highlights - 01 2 rounds on record - 02 Mostly Seed and Series B: 100% of its rounds - 03 Led 1 rounds ## What they do > Placeholder is a venture capital firm. From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A - **Sectors:** Crypto Blockchain Decentralized Networks - **Based in:** New York, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **2 appearances** - **2024** 1 round - **Oct** **[Celestia](https://millionrounds.com/company/celestia)** Series B · LI · AlleyWatch **$100M** With 7 others - **2019** 1 round - **Sept** **[Matter Labs](https://millionrounds.com/company/matter-labs)** Seed · DE · Newswire **$2.0M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **4 named** CW **Christopher Wines Burniske** Managing Member i Filing they signed JM **Joel Monegro** Managing Member; Chief Compliance Officer i Form ADV RB **R. Bradford Burnham** Managing Member i Filing they signed RB **Rufus Bradford Burnham** Member i Form ADV We also hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$345M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Placeholder Management, LLC - **SEC number:** CRD 292362 Funds on its Form ADV **4** private funds, **$970M** in gross assets · filed May 2024 Venture **2** Private equity **1** Digital assets fund **1** - Placeholder Fund II, L.P. *Venture* 60 investors $568M - Placeholder Fund I, L.P. *Private equity* 45 investors $252M - Placeholder Fund III, L.P. *Venture* 20 investors $94M - Placeholder LONG TERM L.P. *Digital assets fund* 45 investors $57M ## What they claim to have backed From their own portfolio page (on their website) **12** of 28 we have independently watched raise [Aleo](https://millionrounds.com/company/aleo)[Arx](https://millionrounds.com/company/arx)[Celestia](https://millionrounds.com/company/celestia)[Gearbox](https://millionrounds.com/company/gearbox)[Gyroscope](https://millionrounds.com/company/gyroscope)[Kamino](https://millionrounds.com/company/kamino)[Monad](https://millionrounds.com/company/monad)[Solana](https://millionrounds.com/company/solana)[Solend](https://millionrounds.com/company/solend)[Squads](https://millionrounds.com/company/squads)[WeatherXM](https://millionrounds.com/company/weatherxm)[Zerion](https://millionrounds.com/company/zerion) Avantgarde Backpack Botanix Eclipse Ethereum Jito Magic Movement Obol Orca Pocket Polymer Saga Tally Tensor zkSync Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$66M** raised in Jul 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$51M** the round, not its cheque Led 1 of 2 rounds **50%** - **Sole investor:** Never alone - **Last cheque:** Oct 2024 Rounds by stage said on their site - Seed said *1* - Series B *1* - Pre-seed said *-* - Series A said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [1kx](https://millionrounds.com/fund/1kx) 2 **Pitching Placeholder?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Placeholder. A count of rooms they were both in, not a relationship either has claimed. [**1kx** VC firm **2** rounds together](https://millionrounds.com/fund/1kx) ## Quick answers about Placeholder ### What does Placeholder invest in? Placeholder invests most often at Seed and Series B (100% of the rounds on record), in sectors such as Crypto, Blockchain and Decentralized Networks. ### How active is Placeholder? 2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2024. ### What has Placeholder invested in recently? Its most recent investments on record: Celestia (Series B, Oct 2024) and Matter Labs (Seed, Sept 2019). ### How big are Placeholder's cheques? The median round it joins is $51M. ### Is Placeholder investing now? No investments in the last 12 months; the latest was in Oct 2024. ### Who does Placeholder invest alongside? Most often 1kx (2 rounds together). ### What kind of investor is Placeholder? Placeholder is a VC firm based in New York, United States. ### How much does Placeholder manage? About $345M, as regulatory assets under management (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=placeholder) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=placeholder)