Skyfire
Category: AI Agents
Enables fully autonomous AI agents to shop, sign up for services, and pay online without human intervention, focusing on B2B transactions. It provides a payment network and open protocol for the AI agent economy. Skyfire was founded in 2024. The company is led by Amir Sarhangi. Based in San Francisco, CA. Team size: 11-50 employees. Total funding raised: $9.5 million. Latest round: Seed, $1.0M, 2024-10, led by Coinbase Ventures. Key investors include Neuberger Berman, Coinbase Ventures, a16z Crypto Startup Accelerator, Brevan Howard Digital, Intersection Growth Partners, Arrington Capital, DRW, RedBeard Ventures, Sfermion, Circle, FBG, Crossbeam Venture Partners, Inception Capital, EveryRealm, Draper Associates, ARCA, Ripple.
- Founded
- 2024
- Headquarters
- San Francisco, CA
- Team size
- 11-50 employees
- Total funding
- $9.5 million
Value proposition
Eliminates manual steps in online purchasing and payment processes by allowing AI agents to act as secure, verified intermediaries for end-to-end automation of B2B transactions globally.
Products and solutions
Autonomous payment network and protocol for AI agents (Skyfire Agent Checkout), APIs for integration with enterprise workflows, Verifiable agent identity and history (AgentID), Programmatic wallets for AI agents
Unique value
Platform enabling fully autonomous, end-to-end transaction execution by AI agents, from shopping to payment, without human intervention. Provides a verifiable identity for AI agents (AgentID).
Target customer
B2B enterprises, AI developers, and data/service providers seeking to automate procurement, payments, or hiring via AI agents.
Industries served
Manufacturing, Supply Chain, Online Labor Marketplaces, Financial Services, Data Platforms
Technology advantage
A secure intermediary system and open protocol (KYAPay) that allows a direct connection between vendors and bank accounts via software agent actions. It leverages the Base network for low-cost transactions and uses USDC for stablecoin payments.
How they differentiate
Unlike general workflow automation tools, Skyfire focuses specifically on enabling full transactional autonomy, including payments, allowing AI agents to complete the entire purchasing cycle without human intervention. It provides a universal, open protocol for any AI agent to use.
Main competitors
Adept, Infinitus Systems
Key partnerships
Denso, Payman, Coinbase, Pricing Culture, Bazaars, Zinc, Linkup
Notable customers
Denso (auto parts manufacturer), Payman (gig work platform), Pricing Culture, Bazaars, Zinc, Linkup
Major milestones
Announced $8.5M seed round in August 2024, Secured additional funding from Coinbase Ventures and a16z Crypto Startup Accelerator, bringing total to $9.5M in October 2024, Launched payment network with enterprise customers like Denso and Payman in beta, Integrated with the Base network to enable onchain payments
Growth metrics
Successfully beta tested with large enterprises like Denso and Payman prior to its public launch. The network is processing thousands of instant, global transactions daily.
Market positioning
Positioned as a foundational B2B payments and procurement infrastructure layer for the emerging AI agent economy.
Geographic focus
Global
Patents and IP
N/A
About Amir Sarhangi
Amir Sarhangi is an accomplished entrepreneur and executive with extensive experience in the technology and blockchain sectors. He is the co-founder and CEO of Skyfire, a payment network for the AI agent economy. Prior to Skyfire, he founded and led Supermojo and Jibe, the latter of which was acquired by Google and became a standard for Android's messaging protocol. He also held a leadership position at Ripple as VP of Product.
Official website: https://skyfire.xyz