# Protocol Ventures: portfolio, investments and team > Protocol Ventures is a fund of funds based in United States. 1 investment on record, latest Jan 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/protocol-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Protocol Ventures Last cheque observed Jan 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet New fund $31M, Dec 2020 Fund of funds Seed Series A Series B Bank Web 3 Regtech Cheques on record **0%** of best year **0** **cheques in 12 months**, 1 on record Since the last cheque **2855** days **00** hrs **00** min **00** sec Median round **$182M** Rounds led **0 of 1** Pitch Protocol Ventures ## Protocol Ventures highlights - 01 1 rounds on record ## What they do > Protocol Ventures is the first and leading fund of funds in the crypto asset class From their own website - **Type:** Fund of funds - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Bank Web 3 Regtech - **Based in:** San Francisco, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **1 appearances** - **2019** 1 round - **Jan** **[Bakkt](https://millionrounds.com/company/bakkt)** US · TechCrunch **$182M** With 9 others 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 **5 named** AM **Arij M Nazir** Vice President of Investments i Filing they signed CJ **Christopher J Keshian** Vice President of Finance i Filing they signed GC **Gary C Hsueh** General Partner i Filing they signed MC **Michael C Levit** General Partner i Filing they signed RG **Richard G. Marini, Jr.** Member Manager of Protocol Capital Management LLC i Filing they signed We also hold **13** 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 they claim to have backed From their own portfolio page (on their website) **0** of 1 we have independently watched raise Cointelegraph 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 **$31M** raised in Dec 2020 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$182M** the round, not its cheque Led 0 of 1 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Jan 2019 Rounds by stage said on their site - Seed said *-* - Series A said *-* - Series B said *-* **Pitching Protocol Ventures?** 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 *→* ## Recently backed The latest companies Protocol Ventures put money into. [**Bakkt** $182M · Jan 2019](https://millionrounds.com/company/bakkt) ## Quick answers about Protocol Ventures ### What does Protocol Ventures invest in? Protocol Ventures says it invests in Bank, Web 3 and Regtech. ### How active is Protocol Ventures? 1 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2019. ### What has Protocol Ventures invested in recently? Its most recent investments on record: Bakkt (Undisclosed round, Jan 2019). ### How big are Protocol Ventures's cheques? The median round it joins is $182M. ### Is Protocol Ventures investing now? No investments in the last 12 months; the latest was in Jan 2019. ### What kind of investor is Protocol Ventures? Protocol Ventures is a fund of funds based in San Francisco, United States. ### Has Protocol Ventures raised a new fund? Its latest fund filing with the SEC was in Dec 2020, reporting $31M raised. ### Where does this information on Protocol Ventures come from? From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## 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=protocol-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=protocol-ventures)