Turnkey raises $30M in Series B funding led by Bain Capital Crypto to enhance secure wallet infrastructure. The funds will support the expansion of their team and capabilities.

Turnkey raises $30M in Series B funding led by Bain Capital Crypto to enhance secure wallet infrastructure. The funds will support the expansion of their team and capabilities.

06/09/25, 12:46 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$30 million
Industry
software
blockchain
cyber security
Round Type
series b
Investors
Variant, Wintermute Ventures, Galaxy Ventures, Lightspeed Faction, Sequoia Capital, Bain Capital Crypto
On June 9, 2025, Turnkey raised $30 million in a Series B funding round led by Bain Capital Crypto. The company’s total funding surpasses $50 million. Investors included Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant. The funding will be used to expand the team and enhance infrastructure.

Company Info

Company
Turnkey
Location
new york, new york, united states
Additional Info
Turnkey is a powerful, modular, and adaptable operating system for wallets—built for developers who demand full control. Designed by the team that scaled Coinbase Custody past $100B in assets, and backed by Sequoia, Lightspeed Faction, and Galaxy, Turnkey provides low-level wallet infrastructure primitives that can be mixed, matched, and configured for any use case.

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