Social network Bluesky raised $100 million in Series B funding led by Bain Capital Crypto in April 2025, according to TechCrunch. The company now serves over 43 million users as it prepares for significant platform changes and expansion.
The latest funding round represents substantial growth from Bluesky's previous raises, which included a $15 million Series A in 2024 and an $8 million seed round in 2023. The company has attracted increasing attention as users seek alternatives to traditional social media platforms.