Fundz

Turnkey raises $12.5M in funding led by Archetype and Circle Ventures to enhance product development and expand operations.

PRIVATEMay 14, 2026

Amount Raised

$12.5 Million

Round Type

Funding Round

New YorkSoftwareCyber SecurityBlockchain

Investors

Bain Capital CryptoLightspeed FactionGalaxy VenturesSequoia CapitalArchetypeCircle VenturesVariant

Description

Turnkey, a NYC-based developer of secure crypto wallet infrastructure, raised $12.5M in funding. The round was backed by Archetype and Circle Ventures, with participation from Bain Capital Crypto and others. The funding will accelerate the launch of Turnkey Verifiable Cloud and scale its engineering team. Turnkey has raised over $65M in total funding to date.

Quick answer

Turnkey raised $12.5 Million in a Funding Round round, dated May 14, 2026. Investors: Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, Sequoia Capital, Archetype, Circle Ventures and Variant. Turnkey is based in New York, New York, United States.

How much did Turnkey raise?
Turnkey raised $12.5 Million in a Funding Round round on May 14, 2026.
Who invested in Turnkey?
Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, Sequoia Capital, Archetype, Circle Ventures and Variant are named as investors in this round.
What does Turnkey do?
Turnkey is a powerful, modular, and adaptable operating system for wallets—built for developers who demand full control.
Where is Turnkey based and how big is it?
Turnkey is based in New York, New York, United States.
Who are the decision-makers at Turnkey?
Fundz holds 1 contact at Turnkey. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Cyber Security and Blockchain around the same time

Companies in the same sectors as Turnkey that raised within 45 days of this round, from Fundz verified event records.

  • Sybol raised $1.2M (Seed) on April 10, 2026.
  • Canopy Network raised $8.5M (Seed) on June 26, 2026.
  • Orthogonal raised $4.3M (Seed) on June 22, 2026.
  • Magnitude raised $10M (Seed) on June 16, 2026.
  • Ent raised $100M (Seed) on June 16, 2026.
  • NewCore raised $66M on June 15, 2026.

Who to call at Turnkey, and when

A new round usually means Turnkey is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Turnkey

Location

New York, New York, United States

About

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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Turnkey raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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