Baselayer raises $35M Series A to bet on AI-agent identity verification
Baselayer announced a $35M Series A and an agent identity suite; valuation undisclosed, and whether banks can actually verify AI agents awaits real-world adoption.
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Baselayer (Osiris Ratings Inc.) announced on September 22 that it raised $35 million in Series A funding, led by M13 with participation from Torch Capital, Picus Ventures, Afore Capital and others. The valuation was not disclosed.
The funding was announced alongside a product launch: the Agentic Identity Suite, built on a "Know Your Agent" concept, which the company says cryptographically traces an AI agent's actions back to the deploying platform and the authorizing business. Baselayer says its existing business identity verification tools are used by more than 2,300 financial institutions, including one in five U.S. banks.
These are company statements relayed by SiliconANGLE; the round's completion status and the product's real-world effectiveness are independently unverified. As background for the market, Stripe said in June that more than 70% of requests to its API came from AI agents.