Bluesky raised a $100M Series B led by Bain Capital Crypto in April 2025, following a $15M Series A in 2024 and an $8M seed in 2023; it now has over 43M users
Social network Bluesky is gearing up for big changes with today's news that the company raised $100 million in Series B funding.
TechCrunch Sarah Perez
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- ✨ Thrilled to share that Bluesky Social has closed its $100M Series B — and Alumni Ventures is proud to be doubling down as a returning investor from the Series A. … Sophia Zhao
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Discussion
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@oldsquida
@oldsquida
on bluesky
today, Bluesky revealed that in April 2025 they received $100M in a venture capital investment lead by Bain Capital Crypto. — did we know of this at the time or has it been kept a secret? does it matter?
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@parismarx.com
Paris Marx
on bluesky
i feel like jay started to lay the foundations for this last year, which included opening the door to advertising [embedded post]
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@katjadiehl
Katja Diehl
on bluesky
Feels good to have two feet in the fediverse :) — Bottom line: Bluesky is not structurally a decentralized, user-driven project—it's a VC-funded startup developing an open protocol. Given all these crypto investments, it's really unclear who ultimately sets the agenda. — tec…
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@coocho
Daria Dayter
on bluesky
Just as my papers about how BlueSky is a less toxic alternative to Twitter struggle through the publishing system and are about to finally come out, BlueSky does this — techcrunch.com/2026/03/19/b...
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@zig.computer
Zig
on bluesky
This really puts Jay's resignation into context that wasnt earnestly shared initially. Not too surprising from this team. — Hard to read this and not connect the dots that her stepping down was a stipulation for investors. — The commercialization of Bluesky is imminent. — …
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@tante.cc
@tante.cc
on bluesky
So Bluesky raised 100 million USD in April last year from a bunch of crypto scammers and just “forgot” to tell people? — And they released it after getting a new CEO who will push for growth (and probably monetization)? — Sounds super healthy and normal.
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@whateverhewants
@whateverhewants
on bluesky
Crypto, who knew 🤷🏽♀️ [embedded post]
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@artifex
@artifex
on bluesky
funded by crypto bros [embedded post]
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@bsky.app
@bsky.app
on bluesky
Last April, we raised $100M in Series B funding. This round gives us the ability to scale our team to meet the rapid growth of Bluesky and the AT Protocol. Read more: bsky.social/about/blog/0...
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@dangillmor@mastodon.social
Dan Gillmor
on mastodon
BlueSky wants you to trust them, but they raised $100 million from a crypto fund almost a YEAR AGO and didn't tell anyone. — https://techcrunch.com/...
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r/BlueskySocial
r
on reddit
Bluesky's 2025 $100M Series B Lays Foundation for Open Social Web
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@_elena@mastodon.social
Elena Rossini
on mastodon
Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year? No I can't either. — And from their actual press release: “The Atmosphere currently contains about 20 billion public records—the posts, likes, comments and…