Baselayer, an AI-powered startup that helps financial institutions verify businesses and assess fraud risk, has raised $35 million to expand its identity technology to AI agents. M13 led the San Francisco-based company’s Series A, with participation from Picus Capital, Torch Capital, Afore Capital and Matt Thompson of Socure. The financing brings Baselayer’s total funding to about $40 million since its 2023 inception, according to co-founder and CEO Jonathan Awad. The company declined to disclos...