Keycard completes $38 million financing, led by Andreessen Horowitz and others

ChainCatcher news, Keycard announced the early access of its identity and access management (IAM) platform for AI agents, and completed a total of $38 million in seed round financing.

The round was led by Andreessen Horowitz, Acrew Capital, and Boldstart Ventures, with participation from Mantis VC, Tapestry Ventures, Essence Ventures, Exceptional Capital, Modern Technical Fund, Vermillion Cliffs Ventures, and several angel investors. Keycard stated that it will replace traditional long-lived credentials with a federated, revocable "short-lived identity binding token," supporting cross-application and multi-agent delegation chains and task-level policy execution, and providing full-chain audit logs to ensure traceability.