Bluesky announces $100M Series B after CEO transition

Bluesky disclosed a $100M Series B round led by Bain Capital Crypto, closed in April 2025, following CEO Jay Graber's transition to Chief Innovation Officer. The platform has grown from 13M to over 43M users since its Series A, and the funds are being used to scale the team and develop the AT Protocol ecosystem, which now powers over a thousand third-party apps.