Turnkey
Turnkey provides secure, flexible, and scalable non-custodial wallet infrastructure designed for onchain applications across payments, consumer apps, AI agents, DeFi, stablecoins, and developer tooling. The platform offers embedded consumer wallets, embedded business wallets, wallet-as-a-service, company wallets with smart contract management and payment orchestration, agentic wallets with policy controls,…
Funding snapshot
About
Turnkey provides secure, flexible, and scalable non-custodial wallet infrastructure designed for onchain applications across payments, consumer apps, AI agents, DeFi, stablecoins, and developer tooling. The platform offers embedded consumer wallets, embedded business wallets, wallet-as-a-service, company wallets with smart contract management and payment orchestration, agentic wallets with policy controls, enterprise key management, and the Turnkey Verifiable Cloud for provable security. Turnkey differentiates itself through its use of trusted hardware (Trusted Execution Environments) rather than MPC or HSM approaches, running all key operations inside secure enclaves that are completely isolated and verifiable through code attestation and reproducible builds. The infrastructure is fully non-custodial, chain-agnostic across EVM, Solana, Bitcoin, and hundreds of other chains, and delivers 50-100ms signing latency with 99.9% uptime. Key features include social, email, and passkey login for seamless onboarding, programmable policy engines for transaction limits and permissions, user sessions for frictionless signing, and enterprise disaster recovery. The platform is SOC 2 Type II audited and built to support KYC, AML, and travel-rule integrations. Founded in 2022 by the team that built Coinbase Custody, Turnkey has raised $65 million in a Series B round backed by Sequoia Capital, Coinbase, Bain Capital Crypto, Lightspeed Venture Partners, Galaxy Ventures, Variant Fund, Archetype, Circle, Wintermute, Alchemy, and others.
Business model
Cybersecurity > Blockchain Security,
Blockchain Infrastructure > Enablers > Security > Wallet Based Authentication
Institutional investors
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