Bluesky now confirms it raised $100M in Series B funding last April. The raise disclosure comes as the decentralized social media platform moves, "into a new era of leadership and further growth."
• Latest Raise: According to a press release, Bluesky raised $100M in April 2025 from a Series B round led by Bain Capital Crypto, with participation from Alumni Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation and True Ventures.
• User Growth: Since Bluesky announced its $15m Series A in October 2024, the social network has grown from 13M to 43M global users. Every week, people use "thousands" of apps built on Bluesky's AT Protocol – an open source toolbox for building social apps that can all talk to each other.