Tech Company Financing Transactions
Turnkey Funding Round
Sequoia Capital, Coinbase Ventures and Variant Fund invested in a $7.5 million Seed funding round for Turnkey. The round was announced on 3/22/2023.
Transaction Overview
Company Name
Announced On
3/22/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company, founded by a team of former Coinbase Custody executives, has now launched a private beta of Turnkey, a secure private key infrastructure purpose-built for crypto developers. Turnkey is aiming itself as a developer-first tool that allows users to "generate hundreds of wallets and sign thousands of transactions across any chain, all with flexible, programmable permissions to ensure you only sign what you want."
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Building in crypto is way too hard. Turnkey is designed for devs and makes it simple to go 0 to 1. Every crypto transaction starts with a private key. But securing private keys remains a dark art, and few have the expertise to do this on their own. Although there are myriad solutions on the market today, none have focused on the builders creating the future of crypto. Enter Turnkey. Secure and extensible private key infrastructure. Built on years of experience, Turnkey takes away the complexity of private key management, and allows you to scale your product in minutes.
Profile
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Company News
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Management Team
Title
Name
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Chairman
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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