Turnkey

About Turnkey

The startup provides a private key management platform that enables developers to create and manage thousands of non-custodial wallets across multiple blockchains through a simple API. Its solution automates transaction processes and enforces customizable security policies, ensuring robust protection of digital assets without manual intervention.

```xml <problem> Managing private keys across multiple blockchains is complex and introduces security risks for developers building Web3 applications. Manual transaction processes and the lack of customizable security policies can lead to vulnerabilities and potential loss of digital assets. </problem> <solution> Turnkey provides a private key management platform that simplifies the creation and management of thousands of non-custodial wallets across various blockchains through a straightforward API. The platform automates transaction workflows and enforces customizable security policies, ensuring robust protection of digital assets without manual intervention. By leveraging secure, isolated environments and immutable data stores, Turnkey offers developers full control over their assets. The platform's passwordless authentication further enhances security, mitigating phishing risks. </solution> <features> - Scalable wallet creation: Generate thousands of non-custodial wallets across multiple blockchains via a single API call. - Flexible signing: Facilitate complex crypto product development by enabling the signing of any type of transaction. - Intuitive security controls: Protect assets with fine-grained policies and customizable approval workflows. - Passwordless authentication: Eliminate passwords using hardware-based WebAuthn for enhanced security against phishing. - Customizable policy engine: Implement fine-grained controls for user access to private keys, with audit trails for all actions. - Support for Wallets, DeFi, and NFTs: Spin up non-custodial wallets, automate DeFi strategies, and manage NFTs within applications. </features> <target_audience> The primary target audience includes Web3 developers and companies building crypto products, DeFi applications, and NFT platforms who require secure and scalable wallet infrastructure. </target_audience> ```

What does Turnkey do?

The startup provides a private key management platform that enables developers to create and manage thousands of non-custodial wallets across multiple blockchains through a simple API. Its solution automates transaction processes and enforces customizable security policies, ensuring robust protection of digital assets without manual intervention.

Where is Turnkey located?

Turnkey is based in City of New York, United States.

When was Turnkey founded?

Turnkey was founded in 2022.

How much funding has Turnkey raised?

Turnkey has raised 22500000.

Who founded Turnkey?

Turnkey was founded by Dr Adam Everspaugh, Michael Avrukin, Bryce Ferguson and Jack Kearney.

  • Dr Adam Everspaugh - Founder/CTO
  • Michael Avrukin - Founder
  • Bryce Ferguson - Co-Founder
  • Jack Kearney - Co-Founder
Location
City of New York, United States
Founded
2022
Funding
22500000
Employees
54 employees
Major Investors
Galaxy Digital, Faction
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Turnkey

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

The startup provides a private key management platform that enables developers to create and manage thousands of non-custodial wallets across multiple blockchains through a simple API. Its solution automates transaction processes and enforces customizable security policies, ensuring robust protection of digital assets without manual intervention.

turnkey.com1K+
cb
Crunchbase
Founded 2022City of New York, United States

Funding

$

Estimated Funding

$22.5M+

Major Investors

Galaxy Digital, Faction

Team (50+)

Dr Adam Everspaugh

Founder/CTO

Michael Avrukin

Founder

Bryce Ferguson

Co-Founder

Jack Kearney

Co-Founder

Company Description

Problem

Managing private keys across multiple blockchains is complex and introduces security risks for developers building Web3 applications. Manual transaction processes and the lack of customizable security policies can lead to vulnerabilities and potential loss of digital assets.

Solution

Turnkey provides a private key management platform that simplifies the creation and management of thousands of non-custodial wallets across various blockchains through a straightforward API. The platform automates transaction workflows and enforces customizable security policies, ensuring robust protection of digital assets without manual intervention. By leveraging secure, isolated environments and immutable data stores, Turnkey offers developers full control over their assets. The platform's passwordless authentication further enhances security, mitigating phishing risks.

Features

Scalable wallet creation: Generate thousands of non-custodial wallets across multiple blockchains via a single API call.

Flexible signing: Facilitate complex crypto product development by enabling the signing of any type of transaction.

Intuitive security controls: Protect assets with fine-grained policies and customizable approval workflows.

Passwordless authentication: Eliminate passwords using hardware-based WebAuthn for enhanced security against phishing.

Customizable policy engine: Implement fine-grained controls for user access to private keys, with audit trails for all actions.

Support for Wallets, DeFi, and NFTs: Spin up non-custodial wallets, automate DeFi strategies, and manage NFTs within applications.

Target Audience

The primary target audience includes Web3 developers and companies building crypto products, DeFi applications, and NFT platforms who require secure and scalable wallet infrastructure.

Turnkey - Funding: $20M+ | StartupSeeker