Baselayer Raises $35 Million to Launch AI Agent Identity Platform
The Series A, led by M13, will support Baselayer’s newly launched tools for verifying AI agents, their business relationships and transaction permissions.
Baselayer has raised $35 million in Series A financing and launched an identity platform for AI agents, targeting businesses that need to verify software before it conducts commercial transactions.
The financing was announced Sept. 22, 2026, at 9:15 a.m. ET (13:15 UTC). M13 led the round, with participation from Torch Capital, Picus Ventures, Afore Capital and Matt Thompson of Socure.
Baselayer’s Agentic Identity Suite includes “Know Your Agent” tools, a registry of verified businesses and agents, and an intelligence layer for agent-based workflows. The system is designed to connect an AI agent with a verified person or business and determine whether the agent is authorized to complete a transaction.
“Agents don't carry ID, and the infrastructure built to verify humans and businesses simply doesn't recognize them,” said Timothy Hyde, Baselayer’s co-founder and chief technology officer.
The company’s existing platform provides identity, legal, credit, fraud, compliance and network-risk signals for business verification. The tools are intended to help determine whether an AI agent is authorized to open an account, make a purchase, move money or conduct another commercial transaction.
Baselayer says its platform is used by more than 2,300 financial institutions and payments companies and has helped prevent more than $1 billion in fraud losses. The company also makes its business-risk data available to AI agents through an integration based on the Model Context Protocol, a framework for connecting software systems with external tools and information.
The company lists work or partnerships involving FIS, Prove, Socure, Exa, Parallel Web Systems, Natural, Nevermined and Lane. Baselayer did not disclose a valuation.
