PLC Rails

Our mandate is built around primitives, not labels. We back founders using cryptographic and decentralized primitives to solve real problems across AI, physical infrastructure, enterprise software, and financial rails. These primitives are becoming the security, privacy, and coordination layer for the AI era.

Team:

Brad Holden — Managing Partner, PLC Rails
- Led investments in-house at PL Venture Holdings. Launched AWS Seed program. Former partner at Eric Schmidt's Tomorrow Ventures and attorney at Wilson Sonsini.
Lacey Wisdom — General Partner, PLC Rails
- Early-stage investor in-house at PL Venture Holdings and Eniac Ventures. Former LP at Andrew Mellon Foundation and equity analyst at JPMorgan.
Juan Benet — Research Partner, PLC Rails (non-advisory)
- Founder of Protocol Labs. Inventor of Filecoin, IPFS and libp2p. Frontier technology investor across crypto, neurotech, AI, and biotech. Stanford & YC alum.

Selected content:

The PLC Rails strategy is managed by Protocol VC LLC, an SEC-registered investment adviser. Additional information about Protocol VC LLC is available here and on the SEC's Investment Adviser Public Disclosure site at https://adviserinfo.sec.gov/firm/summary/332272. This page is informational only. It is not an offer to sell or a solicitation of an offer to buy any security. Interests in PLC Rails are offered only to eligible investors pursuant to the fund's offering documents, which are expected to contain material information about the investment, associated risks, and fees. An investment in a fund or any vehicle utilizing this strategy involves a high degree of risk, including possible loss of principal. Past performance is not indicative of future results.