Bluesky Raises $100M Series B Led by Bain Capital Crypto, Reaches 43M Users Amid Leadership Shift

Bluesky raised $100 million in a Series B round led by Bain Capital Crypto in April 2025, following a $15 million Series A in October 2024. The company reported a 60% user growth last year, reaching 43 million users, while undergoing leadership changes with Toni Schneider as interim CEO.

JJay Graber BBluesky