Bluesky Announces $100M Series B After CEO Transition
Bluesky has raised $100 million in Series B funding as it hits 43 million users and navigates a major CEO transition.
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Bluesky Announces $100M Series B After CEO Transition
Bluesky Raises $100M Series B — And It Is Just Getting Started Bluesky just secured $100 million in Series B funding, led by Bain Capital Crypto, as the social network crosses 43 million users and enters a pivotal new chapter. The round was actually closed back in April 2025 but was only disclosed this week — strategically timed right after a major leadership shake-up that has the tech world watching closely. A Funding Round Worth the Wait Not every company announces its funding the moment the ink dries. Bluesky waited nearly a full year to reveal this round, and the timing was anything but accidental. The disclosure came just days after founder and longtime CEO Jay Graber announced she was stepping down from the top job, transitioning instead to a newly created chief innovation officer role. The $100 million round was led by Bain Capital Crypto and also drew participation from existing investors Alumni Ventures and True Ventures. New backers including Anthos Capital, Bloomberg Beta, and …
