Security Startups

Keycard

Identity and access management for AI agents, replacing static secrets and API keys with short-lived, task-scoped tokens issued at runtime for teams running agents in production.

Proof of life. Came out of stealth with $38M across an $8M seed co-led by Andreessen Horowitz and Boldstart Ventures and a $30M Series A led by Acrew Capital, October 2025

About Keycard

Keycard, based in San Francisco, gives each AI agent its own cryptographically verified identity, evaluated together with the user it acts for and the place it runs.

Every credential request is checked against policy at runtime, and approved requests receive short-lived, scoped tokens rather than stored API keys.

Teams can add it through SDKs for Python, TypeScript, Go and Ruby, a gateway that needs no code changes, or a sidecar proxy that swaps placeholder secrets for real tokens so the agent never holds a credential.

Policies are written in Cedar and managed with Terraform, and events export to SIEMs. It is built for developers and security teams putting agents into production.

Investors

Acrew CapitalAndreessen HorowitzBoldstart VenturesEssence VenturesExceptional CapitalMantis VCModern Technical FundTapestry VenturesVermillion Cliffs Ventures
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