Funding record · 2025 / 10
Keycard Labs raises $8M Seed for IAM
Announced 21 October 2025 · Recorded 8 September 2026 · Last verified 8 September 2026
Keycard Labs, an IAM company based in San Francisco, United States, raised $8M in a Seed announced on 21 October 2025, led by Andreessen Horowitz and boldstart ventures. Its disclosed equity funding is now $38M across 2 rounds.
- Amount
- $8M
- Round
- Seed
- Announced
- 21 October 2025
- Lead investors
- Andreessen Horowitz, boldstart ventures
- Sources on record
- 1a16z.com
From the source
AI agent security startup Keycard reels in $38M
Keycard Labs launched with $38 million in funding across two rounds: an $8 million seed round led by Andreessen Horowitz and boldstart, followed by a $30 million Series A led by Acrew Capital. The company provides access management and identity infrastructure for AI agents, enabling per-task access controls and ephemeral credential management.
a16z.com · 21 October 2025 ↗The Mandos read
What the record says about Keycard Labs
- Momentum 47 / 100 · Coolinglocked →
pillars in the platform
- 33 employees · up 7% last monthlocked →
history and breakdowns in the platform
- Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
- Buyers most often compare Keycard Labs with Permit.io, Aembit and Frontegglocked →
the full set in the platform
Funding history
Keycard Labs funding on record
Keycard Labs has raised $38M in priced equity. Its most recent round was a Series A in October 2025.
Latest round on record: Series A, Oct 2025.
Keycard Labs funding on the profile →Related rounds
Other verified cybersecurity rounds
Also in Oct 2025
Most recent five, same month
In the platform
The round is the fact. The read is the product.
Every round, investor and correction for Keycard Labs, the competitors buyers weigh it against, hiring by department, and an alert when the next thing happens.
The same record answers in Claude, ChatGPT and Cursor through the Mandos MCP server.
The Mandos Brief
Cybersecurity funding, deals and moves, every Monday.
FAQ
Questions people ask
- How much did Keycard Labs raise in its Seed?
- Keycard Labs raised $8M in a Seed announced on 21 October 2025.
- Who invested in Keycard Labs's Seed?
- The round was led by Andreessen Horowitz, boldstart ventures.
- What does Keycard Labs do?
- Keycard Labs is a cybersecurity company specializing in IAM, founded in 2025 and headquartered in San Francisco, United States.
