Agentcard, a payments firm that lets AI agents make purchases using their users’ own cards, has closed an $8m seed funding round to help agents buy anything on the internet.
Peak XV, Fin Capital and Y Combinator provided the capital. Several well-known technology figures have also backed the company. They include Y Combinator co-founder Paul Graham, OpenAI board member Adam D’Angelo, Shopify CEO Tobi Lütke and Vercel CEO Guillermo Rauch. WorkOS CEO Michael Grinich, HubSpot CTO Dharmesh Shah, Rappi CEO Simón Borrero, and Darragh Buckley, founder and CEO of Increase, are also backers.
Agentcard’s platform is built for businesses developing AI agents. When they integrate the technology, each of their users only needs to register a card a single time. The card number is always hidden from the agent. Users approve each transaction with a passkey, Face ID or their voice, or they can set up automatic approvals.
The company has split its offering into four products, each covering a different part of the payment process an agent has to go through. Vault securely holds customers’ card details so agents can complete purchases safely. Issuing lets businesses create single-use and reusable cards for their agents. Voice, which is currently in early access, lets customers approve purchases out loud without needing a screen. The fourth product, opencommerce, gives an agent a single buying tool that can search for products, make purchases and track orders across more than 5,000 online retailers.
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