Baselayer Has Raised $35 Million for AI Security

The company launched its Agentic Identity Suite to verify AI agents for financial transactions.

Updated on Sept. 22, 2026 in Artificial Intelligence

Bold vector editorial illustration of a metallic keyhole integrated into a modular structure of geometric prisms, representing AI security verification. — Baselayer secured $35 million in a Series A funding round to develop identity credentials for autonomous AI agents handling financial transactions. AI Illustration. Upload story photo >

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Would you trust an AI agent more if it was required to provide verified personal credentials?

Baselayer secured $35 million in a Series A funding round to expand its identity technology into the artificial intelligence sector. The company plans to use these funds to develop tools that verify AI agents as they perform autonomous transactions.

Why it matters

Existing identity systems were not built for software that acts autonomously, creating a gap that makes it difficult for institutions to distinguish legitimate AI activity from fraud. Baselayer aims to bridge this security gap by establishing credentials for AI agents.

Baselayer serves over 2,000 financial institutions, representing more than 20% of such organizations in the U.S. The company has already processed enough data to help customers prevent over $1 billion in fraud losses.

The players

Baselayer

Baselayer is a financial technology company that provides identity and fraud prevention services to institutions.

M13

M13 is a venture capital firm that led the Series A funding round for Baselayer.

The details

Baselayer is building a system called Know Your Agent, which grants digital credentials to authorized AI agents for secure transaction processing. The company currently employs 50 people across its San Francisco and New York offices and reports reaching eight-figure revenue in under two years.

Baselayer was founded in February 2023.
The $35 million funding round was announced on September 22, 2026.

The Tech Race

This development marks a pivot from securing human-driven financial data to securing the machine-to-machine interactions that define the next era of automation. Baselayer is positioning itself to be the primary verification layer in a market where autonomous agents act as bank customers.

As more financial institutions adopt these verification credentials, users may see safer integration of AI agents into their personal banking and payment workflows. The technology aims to prevent bot-related fraud, which could reduce the frequency of unauthorized transactions on personal accounts.

The takeaway

As autonomous AI agents begin to conduct financial transactions, identity verification will become as essential for software as it is for humans. Businesses should prepare for a future where validating the identity of an algorithm is a standard security requirement.