Overview
- The funding closed in April 2025 and was led by Bain Capital Crypto, with Alumni Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation and True Ventures participating.
- Bluesky did not disclose an updated valuation and says the capital has been used to expand its team and scale the AT Protocol.
- Founder Jay Graber shifted to chief innovation officer, with Toni Schneider serving as interim CEO during the search for a permanent leader.
- The company reports growth from 13 million users after the October 2024 Series A to more than 43 million globally.
- Ecosystem metrics include about 20 billion public records, over 1,000 apps used weekly, and more than 400,000 SDK downloads per month.