Baselayer raises $35M to verify AI agents for financial institutions

Baselayer, a startup that helps financial institutions verify businesses and assess fraud risk, has raised $35 million in a Series A funding round led by M13.

The company plans to use the investment to expand its identity-verification technology beyond traditional business checks to include AI agents, as more companies begin using autonomous software systems to interact with financial institutions and other businesses.

The move addresses a growing question in the AI industry: how organizations can trust and verify AI agents the same way they verify human-run businesses, particularly when agents are making decisions or transactions on behalf of companies.