Baselayer raises $35M Series A to build identity infrastructure for AI agents
Summary
Baselayer has successfully raised $35 million in a Series A funding round to develop its "Agentic Identity" system tailored for AI agents, which are increasingly capable of independent transactions and information sharing on behalf of users. The newly launched system aims to enhance identity verification by checking the authorization of the agents and their interaction partners, addressing the emerging need for new verification layers in environments driven by autonomous agents. Founded by Jonathan Awad, Baselayer's initiative responds to a growing concern that traditional fraud systems are insufficient for safeguarding sensitive transactions conducted by AI.
Analysis
Baselayer: Baselayer builds specialized identity infrastructure designed for autonomous AI agents that browse, transact, and act on behalf of users. The company is launching Agentic Identity, a system that verifies agents and their authorizations, checks counterparties, maintains a trusted registry, and offers MCP integrations for developers. Founder Jonathan Awad is driving the initiative to adapt security practices to agentic workflows. Jonathan Awad: Jonathan Awad is the founder of Baselayer and leads its development of identity solutions for AI agents. He has noted that conventional fraud systems are ill-suited for autonomous agents that can initiate payments or share sensitive data without human oversight. Identity Needs: New verification layers are required to confirm agent identity, authorization, and interaction partners in agent-driven environments. AI Agent Capabilities: Autonomous AI agents are increasingly capable of independent browsing, transacting, and information sharing on users' behalf.
Categories
ai_agentsaimachine_learningtechvirtuals