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Keycard raises $38 million for AI-agent IAM platform

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Keycard emerged from stealth with $38 million in funding to scale an IAM platform for AI agents. The capital came from an $8 million seed round and a $30 million Series A round led by Andreessen Horowitz and Acrew Capital. The raise highlights continued investment in security controls for agentic applications and the move to bring AI agents into production.

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Timeline

  1. 22.10.2025 15:39 2 articles · 8mo ago

    Keycard emerges from stealth with $38 million funding

    Initial Disclosure

    Keycard, a San Francisco company founded in 2025 by former Snyk and Okta senior leadership, emerged from stealth with $38 million in funding from an over $8 million seed round co-led by Andreessen Horowitz and Boldstart Ventures and a $30 million Series A led by Acrew Capital. The company says its identity infrastructure for AI agents uses cryptography, dynamic identity-bound task-scoped tokens, and contextual access controls to help organizations deploy AI agents into production with increased visibility and control.

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