Turnkey
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Turnkey firmographics
Firmographics- Name
- Turnkey
- Legal name
- Turnkey Global, Inc.
- Website
- https://turnkey.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Turnkey industry classification
Industry- Product category
- Crypto Wallet Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)
- akta.pro secondary industries
- Key Management Infrastructure (HSMs, key vaults, MPC/TSS key mgmt, rotation) (FSAPACAE), Smart Contract Wallets & Account Abstraction (FSADACAF), Self-Custody Wallets (Consumer & Institutional) (FSADACAE)
Keywords
Where Turnkey is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Turnkey business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Infrastructure/Subscription Fees: Monthly subscription fees for platform access across different service tiers. Base plans are free with limitations; paid tiers provide additional capabilities. Billed in USD based on selected subscription plan or tier.
- Usage-based Network Fees: Gas sponsorship feature bills monthly in USD based on actual network fee consumption. Infrastructure/usage fee calculated on USD value of network fees at transaction broadcast time. Rent-Exempt Deposit prefunding also billable.
- Enterprise Services: Managed enterprise services requiring separate Enterprise Services Agreement or Order Forms with custom pricing, terms, and conditions for dedicated support and customization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier with basic features and limitations |
| Subscription | Monthly | Paid subscription tiers with expanded capabilities |
| Usage-based | Monthly | Gas sponsorship infrastructure usage |
| Subscription | Multi-year contract | Custom enterprise agreements |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Turnkey product offering
Product offeringCore offering
Turnkey provides non-custodial crypto wallet infrastructure via APIs and SDKs, enabling developers to create wallets, sign transactions, track balances, and automate onchain actions. The platform secures private keys inside AWS Nitro Enclaves (Trusted Execution Environments) with policy-based access controls, quorum approvals, multichain support, and developer-friendly tooling. Offerings span embedded consumer/business wallets, wallet-as-a-service, payment orchestration, agentic wallets, enterprise disaster recovery, and encryption key storage.
Product overview
Turnkey is a secure, flexible, and scalable wallet infrastructure platform built around private key management. The product architecture consists of three main pillars: (1) Embedded Wallets — Consumer Wallets, Business Wallets, and Wallet-as-a-Service for white-label embedding — which enable developers to embed non-custodial wallets into applications; (2) Company Wallets — Smart Contract Management, Payment Orchestration, and Agentic Wallets — which provide programmatic on-chain signing, workflow automation, and AI agent wallet management at scale; and (3) Key Management — Enterprise Disaster Recovery and Encryption Key Storage — which offer policy-gated key isolation, recovery, and encryption key storage in secure enclaves. An emerging beta product, Turnkey Verifiable Cloud, extends the platform into a verifiable computing environment for sensitive crypto operations. All products are underpinned by Turnkey's core API, SDKs, and a policy engine running in AWS Nitro secure enclaves.
Differentiator
Problem solved
Functional benefit
Products and services
- Embedded Consumer Wallets Non-custodial embedded wallets for consumer applications, enabling seamless in-app onboarding with one API.
- Embedded Business Wallets Non-custodial embedded wallets for multi-user teams, providing policy-based access controls and wallet management for organizational users.
- Embedded Wallet-as-a-Service White-labeled wallet infrastructure for platforms wanting to embed Turnkey's wallet capabilities under their own brand, enabling full customization and platform-level wallet management.
- Smart Contract Management Access controls for smart contract execution, enabling programmatic management and monitoring of on-chain smart contract interactions at scale.
- Payment Orchestration Workflow controls to manage internal wallets, featuring sub-100 millisecond signing, multichain support, centralized wallet management, enforced wallet limits, automatic multisig approvals, and automated gas management for payment processors and fintechs on crypto rails.
- Agentic Wallets Non-custodial wallets specifically designed for AI agents, enabling autonomous systems to authorize, coordinate, and settle on-chain transactions with policy-based controls.
- Enterprise Disaster Recovery Policy-based wallet recovery solution enabling enterprises to import wallets into secure enclaves and restore operations immediately with controlled access, multi-party approval requirements, and on-chain recovery execution across chains.
- Encryption Key Storage Secure management of encryption keys in isolated secure enclaves, with policy-gated access, OAuth-gated decryption, quorum approvals, and cryptographic audit trails for protecting sensitive credentials beyond crypto wallets.
- Turnkey Verifiable Cloud
Quantifiable outcome
- 50-100x faster signing than MPC solutions
- +5 more outcomes
Companies that use Turnkey
Customer profileNamed customers20 records
Segments7 records
Ideal customer profiles4 records
Turnkey technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability1 record
Feature12 records
Turnkey partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- MastercardminorMastercard's Agent Pay for Machines (AP4M) launch includes Turnkey as one of 30+ industry partners validating AI agent-driven commerce and microtransaction infrastructure.
- NuvioncorePartnered with Flutterwave and Turnkey to create unified stablecoin payment system combining wallet infrastructure, payment rails, and card issuance. Nuvion provides AI-powered banking platform connecting fiat and stablecoin rails.
- FlutterwavecoreFlutterwave partnered with Turnkey and Nuvion to launch stablecoin payment cards across Africa. Turnkey provides embedded wallet infrastructure enabling merchants and users to hold and transact USDC and USDT balances alongside existing fiat currencies. The partnership aims to bridge stablecoin usability gap for cross-border and everyday transactions on the continent.
- World (World App)coreWorld App uses Turnkey's Encryption Key Storage for account recovery functionality. The encryption key for user recovery bundles is stored in Turnkey's secure enclaves, only accessible through user's OAuth authentication. Enables enhanced user recoverability without compromising privacy.
- MastercardminorTurnkey participates in Mastercard's Crypto Partner Program, a global initiative bringing together 100+ crypto-native companies, payments providers, and financial institutions to facilitate collaboration on digital asset integration with established card rails.
- FlutterwavecoreFlutterwave integrated Turnkey's embedded wallet infrastructure and Nuvion's banking platform to introduce embedded stablecoin wallets for merchants and users across Africa. Enables holding and transacting USDC and USDT alongside fiat currencies on Flutterwave's platform.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Turnkey competitors and assessment
Company assessmentDirect peers
- Fireblocks: Enterprise-grade custody and wallet infrastructure provider for digital assets, offering key management, transaction signing, and policy controls for crypto institutions. Directly comparable to Turnkey in target customer (crypto exchanges, fintechs) and core capability (secure signing/key management), though Fireblocks uses MPC/HSM rather than TEE.
- Privy: Embedded wallet infrastructure for Web3 applications with API-first developer onboarding, account abstraction, and consumer app focus. Closest direct peer to Turnkey on embedded consumer wallets and developer-tooling GTM.
- Magic Labs: Provides embedded wallet-as-a-service with passwordless and passkey-based authentication for Web3 apps, focusing on user onboarding and AA-enabled wallets. Directly comparable to Turnkey's Embedded Consumer Wallets and Smart Wallet Signer.
- Web3Auth: Wallet authentication and key management infrastructure using sharded key/MPC and social login for Web3 apps. Competes with Turnkey on developer-side wallet integration and authentication flows, with comparable GTM.
Broad incumbents
- Coinbase Developer Platform (Wallet-as-a-Service): Coinbase's broader developer platform includes embedded wallet APIs as part of a wider portfolio spanning exchange, custody, payments, and Base. Overlaps Turnkey's WaaS offering while leveraging Coinbase's distribution and exchange data.
- BitGo: Institutional digital asset custody and wallet infrastructure with multi-chain support, qualified custody, and trading services. Broader portfolio than Turnkey but overlapping functionality for enterprise crypto treasury and signing workflows.
- Anchorage Digital: Federally chartered digital asset bank offering institutional custody, wallet, and staking services. Comparable on enterprise wallet infrastructure and key management, while also being a Turnkey customer.
Emerging players
- Safe (Gnosis Safe): Smart contract wallet infrastructure for multi-sig and programmable onchain treasury management. Overlaps with Turnkey's Smart Contract Management and quorum/multi-party approval features, focused on smart-contract-account-native flows.
- Particle Network: Chain-agnostic account abstraction and wallet infrastructure with modular L1 and AA stack. Comparable emerging player in smart wallet / AA infrastructure serving similar Web3 developer audience as Turnkey.
- Sequence: Web3 wallet infrastructure with smart contract wallets and AA, focused on gaming and consumer apps. Comparable emerging player in embedded wallets for consumer and game applications, similar end-customer profile to Turnkey's gaming references.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Turnkey social profiles
Digital presenceTurnkey compliance and trust
Trust signalCompliance2 records
Turnkey financial estimates
Financial estimateRevenue estimate
Valuation estimate
Turnkey leadership team
Management profileNumber of profiles
Profiles3 records
Turnkey funding detail
Funding detailFunding overview
Funding rounds5 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Turnkey M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Turnkey
What does Turnkey do?
Turnkey provides non-custodial crypto wallet infrastructure via APIs and SDKs, enabling developers to create wallets, sign transactions, track balances, and automate onchain actions. The platform secures private keys inside AWS Nitro Enclaves (Trusted Execution Environments) with policy-based access controls, quorum approvals, multichain support, and developer-friendly tooling. Offerings span embedded consumer/business wallets, wallet-as-a-service, payment orchestration, agentic wallets, enterprise disaster recovery, and encryption key storage.
Is Turnkey a public or private company?
Turnkey is a private company. It is classified as venture growth investor backed and is currently operating.
When was Turnkey founded?
Turnkey was founded in 2022. It employs 51 to 100 people.
Where is Turnkey based?
Turnkey is headquartered in New York, United States, in the North America region.
How does Turnkey make money?
Three revenue lines are on record. Infrastructure/Subscription Fees are the primary driver. The others are usage-based Network Fees and enterprise Services.
Who are Turnkey's main competitors?
Direct peers on record are Fireblocks, Privy, Magic Labs and Web3Auth. Broad incumbents are Coinbase Developer Platform (Wallet-as-a-Service), BitGo and Anchorage Digital. Emerging players are Safe (Gnosis Safe), Particle Network and Sequence.
Does Turnkey have an API?
Yes. Turnkey provides a REST API enabling developers to create wallets, sign transactions, track balances, and automate onchain actions. The API is documented at docs.turnkey.com. SDKs are available via GitHub (github.com/tkhq). Authentication supports API keys, passkeys, OAuth, and OTP. The Embedded Wallet Kit is available at wallets.turnkey.com for building wallet integrations. Developer documentation is at docs.turnkey.com.
What industry is Turnkey in?
Turnkey's product category is Crypto Wallet Infrastructure. Its primary akta.pro industry code is FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service), with a secondary code of FSAPACAE, Key Management Infrastructure (HSMs, key vaults, MPC/TSS key mgmt, rotation). Its NAICS code is 52232 and its SIC code is 6199.