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Keycard, a provider of cloud-native identity and access management for AI agents, operates with founders based in Halifax, Canada and San Francisco, CA. The company's platform issues ephemeral, cryptographically-signed tokens, replacing static keys with task-scoped, revocable credentials for AI agents to securely access APIs like GitHub or Stripe. Keycard has raised $38 million in funding. Its funding rounds have seen participation from prominent investors including Andreessen Horowitz (a16z), boldstart Ventures, and Acrew Capital. This infrastructure aims to reduce security risks in machine-to-machine authentication, supporting developers and enterprise security teams building and governing AI agent systems. Keycard was founded in 2025 by Ian Livingstone, Jared Hanson, and Matthew Creager. Its business model centers on B2B SaaS platform offering dynamic access control as a service to developers and security teams.
Keycard has raised $38.0M across 2 funding rounds.
Keycard has raised $38.0M in total across 2 funding rounds.
Keycard has raised $38.0M in total across 2 funding rounds.
Keycard's investors include Acrew Capital, Boldstart Ventures, Zane Lackey, Andreessen Horowitz, Matias Woloski, Ryan Carlson, Emilio E., Ian Andrews, Karl McGuinness, Hoxton Ventures, Next47, S28 Capital.
Keycard has raised $38.0M across 2 funding rounds. Most recently, it raised $30.0M Series A in October 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2025 | $30M Series A | Acrew Capital, Boldstart Ventures, Zane Lackey | Andreessen Horowitz, Matias Woloski, Ryan Carlson, Emilio E., IAN Andrews, Karl Mcguinness | Announced |
| Oct 1, 2025 | $8M Seed | — | Acrew Capital, Andreessen Horowitz, Boldstart Ventures, Hoxton Ventures, Next47, S28 Capital, Seedcamp, Y Combinator, Jonathan Siegel, Matias Woloski, Michael Stoppelman, Nitay Joffe, OTT Kaukver, Ryan Carlson, Shane Curran | Announced |
Keycard is a technology company specializing in identity and access management for AI agents. It builds a platform that enables organizations to securely integrate AI agents with existing identity systems by cryptographically verifying agents, assigning permissions per task, enforcing dynamic policies, and tracking activity in real time. This solves the critical problem of controlling the identities and permissions of autonomous AI agents, which traditional identity systems—designed for human users—cannot adequately manage. Keycard serves enterprises deploying AI agents, providing them with secure, fine-grained access controls that enable safe operation of AI agents within authorized boundaries. The company has demonstrated strong growth momentum, recently emerging from stealth with $38 million in combined seed and Series A funding to accelerate platform development and expand its engineering team[1][2].
Keycard was founded by Ian Livingstone, Matthew Creager, and Jared Hanson. The idea emerged from the recognition that the rapid proliferation of AI agents requires a fundamentally new approach to identity and access management, beyond static credentials designed for human workflows. The founders, who previously worked together at companies like Snyk and Auth0, leveraged their experience in security and developer tools to create a platform tailored for the dynamic, machine-driven environment of AI applications. Early traction included securing significant venture capital backing from prominent investors such as Andreessen Horowitz, Boldstart Ventures, and Acrew Capital, validating the market need and the team’s vision[1][2].
Keycard rides the wave of the emerging "agent economy," where autonomous AI agents increasingly perform tasks on behalf of people and businesses. The timing is critical as AI adoption accelerates, creating new security challenges that legacy identity systems cannot address. Market forces such as the proliferation of AI applications, regulatory focus on cybersecurity, and the need for trust in AI-driven workflows favor Keycard’s solution. By establishing standards like MCP and OAuth extensions for AI agents, Keycard is influencing the broader ecosystem, helping to define how AI agents are securely managed across industries[1][2].
Looking ahead, Keycard is poised to expand its platform capabilities and deepen its role as a foundational security layer for AI agents. Trends such as increasing AI autonomy, regulatory scrutiny on AI governance, and enterprise digital transformation will shape its journey. As AI agents become more prevalent, Keycard’s influence may grow from a niche security provider to a critical infrastructure player enabling safe AI integration at scale. The company’s strong funding, experienced leadership, and early market validation position it well to lead the identity and trust category in the AI era[1][2].
