Baselayer raises $35M and launches 'Know Your Agent' identity verification for AI agents

Baselayer, which verifies businesses and assesses fraud risk for financial institutions, raised a $35 million Series A led by M13 (with Picus Capital, Torch Capital, Afore Capital, and Matt Thompson participating), bringing its total funding to about $40 million, Crunchbase News reported Sept 22, 2026. Alongside the raise, Baselayer launched an Agentic Identity Suite and a 'Know Your Agent' (KYA) system intended to determine who deployed an AI agent, whom it represents, and whether it is authorized to act on that party's behalf.

Significance 2: A Series A round for a niche agent-identity/trust startup — a notable market signal but modest in scale relative to the significance-3+ bar.

Sources

• press Exclusive: Can You Trust That AI Agent? Baselayer Raises $35M To Help Companies Decide retrieved 2026-09-22

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