Alter (YC S25) — Privileged access management for AI agents
Alter is a zero-trust identity and access control platform purpose-built for AI agents. It wraps every tool call in strong authentication, fine-grained authorization, and real-time guardrails, so agents can move fast without breaking things.
Alter is a Y Combinator company in the Summer 2025 batch. Its directory entry describes it as: Privileged Access Management for AI Agents. The founders listed are Srikar Dandamuraju (Founder/CEO), Kevan Dodhia (Founder/CTO) (Y Combinator directory entry, July 14, 2025).
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Alter is a zero-trust identity and access control platform purpose-built for AI agents. It wraps every tool call in strong authentication, fine-grained authorization, and real-time guardrails, so agents can move fast without breaking things.
Each request is verified at the parameter level, authorized against granular policies, executed with least-privilege access, and fully audited in real time. Unsafe actions, whether it’s a rogue DROP TABLE or a payment above policy limits, are blocked before they touch production. Behind the scenes, Alter manages credentials, issuing ephemeral, scope-narrowed access for every interaction, then rotating or expiring it in seconds. The result: no long-lived secrets, no blind spots, and no surprises in audit.
With Alter, teams can move fast on AI agent initiatives while staying fully compliant with SOC 2, HIPAA, GDPR, and internal security standards. A CISO-ready dashboard delivers real-time visibility, detailed audit logs, and compliance-ready controls, removing silos, eliminating excessive permissions, and providing complete oversight of every agent workflow.
Srikar Dandamuraju
Founder/CEO
Kevan Dodhia
Founder/CTO
Founders, titles and bios as the company published them. Photographs are our own copies of the ones on that record, so they do not break when the original link expires.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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