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§ Private Profile · San Francisco, CA, USA
AI browser agents platform automating back-office tasks for enterprises and startups, focused on reliable workflow automation.
Asteroid has raised $500K across 1 funding round.
Key people at Asteroid.
Asteroid was founded in 2024 by David Mlcoch (Founder) and Joe Hewett (Founder).
Asteroid has raised $500K in total across 1 funding round.
Based in San Francisco, Asteroid develops and hosts artificial intelligence browser agents designed to automate repetitive back-office workflows for enterprise and startup operations. The platform interacts directly with web interfaces and legacy systems to execute administrative tasks, providing built-in guardrails, evaluations, and human oversight for reliability. Operating with a team of four employees, the company's software enables engineers and non-technical users to automate browser-based processes up to twenty times faster. Prior to its public launch, the technology was battle-tested for six months and is currently deployed in production environments across hundreds of startups and enterprise customers. The business participated in the Y Combinator Winter 2025 batch and has secured backing from Entrepreneur First alongside angel investors affiliated with OpenAI and Hugging Face. Asteroid was founded in 2024 by David Mlcoch and Joe Hewett.
Key people at Asteroid.
Asteroid has raised $500K across 1 funding round. Most recently, it raised $500K Seed in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $500K Seed | — | Balderton Capital, Catapult Capital, Coelius Capital, Flex Capital, Force Over Mass Capital, Goat Capital, MSD Capital, Quiet Capital, Uncork Capital, Vibe Capital, Y Combinator, Errol Damelin, Ilya Golubovich, Immad Akhund, Kirill Makharinsky, Michael Staton, Roger Dickey | Announced |
Asteroid was founded in 2024 by David Mlcoch (Founder) and Joe Hewett (Founder).
Asteroid has raised $500K in total across 1 funding round.
Asteroid's investors include Balderton Capital, Catapult Capital, Coelius Capital, Flex Capital, Force Over Mass Capital, Goat Capital, Msd Capital, Quiet Capital, Uncork Capital, Vibe Capital, Y Combinator, Errol Damelin.
Asteroid – AI Browser Agents for the Back-Office*(Portfolio Company Profile for Investment Firms)*
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Asteroid is a Y Combinator-backed enterprise automation platform that enables organizations to build, deploy, and manage AI-powered browser agents for automating complex, high-stakes back-office workflows. Its mission is to eliminate manual, repetitive browser-based tasks—especially in regulated industries—by combining the flexibility of AI with robust operational safeguards. The company serves enterprises in insurance, healthcare, supply chain, and property management, automating processes such as insurance quoting, patient data entry, and legacy portal integration. Asteroid’s platform is API-first, scalable, and designed for both technical and non-technical teams, turning hours-long manual workflows into minutes-long automated processes. With rapid adoption among regulated businesses and a focus on compliance and reliability, Asteroid is emerging as a key player in the next wave of enterprise automation.
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Asteroid was founded in 2024 by David Mlcoch, a former AI researcher with a background in autonomous agents and browser automation. The idea emerged from observing the massive inefficiencies in regulated industries, where employees spend countless hours on manual data entry, form filling, and portal navigation—tasks that are repetitive, error-prone, and resistant to traditional automation due to legacy systems and lack of APIs. Mlcoch and his team built Asteroid to empower enterprises to automate these workflows using AI agents that can “click, type, and navigate” just like humans, but with built-in guardrails and oversight. Early traction came from working directly with insurance and healthcare companies, where the platform’s ability to automate high-compliance, high-volume tasks proved transformative. The company’s participation in Y Combinator’s Winter 2025 batch accelerated its growth and visibility in the enterprise AI ecosystem.
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Asteroid is riding the convergence of three major trends: the rise of AI agents, the growing demand for enterprise automation, and the persistent challenge of legacy system integration. As companies increasingly adopt AI for operational efficiency, traditional RPA tools are falling short in handling unstructured, browser-based workflows—especially in regulated sectors. Asteroid fills this gap by offering a flexible, secure, and scalable platform that democratizes automation for non-technical teams while maintaining enterprise-grade reliability. The timing is critical: with billions spent annually on legacy automation solutions, Asteroid is well-positioned to capture a significant share of this market and influence the evolution of enterprise AI agents.
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Asteroid is poised to become a foundational layer in enterprise AI automation, expanding beyond browser agents to orchestrate multi-modal workflows across web, voice, and document systems. As AI agents mature and enterprises demand more flexible, compliant automation, Asteroid’s focus on reliability, ease of use, and regulatory alignment will be a key differentiator. The company is likely to deepen its integration with voice agents, spreadsheets, and backend systems, evolving into a full-stack automation platform for the AI-first enterprise. For investors, Asteroid represents a high-growth opportunity at the intersection of AI, automation, and regulated industry transformation—where the next wave of enterprise efficiency will be built.
