The seed round was led by YL Ventures and Striker. Micron Ventures, Microsoft's venture fund M12 and Wiz CEO Assaf Rappaport also took part in the Series A. The company was founded in early 2026 by CEO Yuval Zacharia, CPO Aner Morag and VP R&D Boris Danilovich, and has 35 employees, most in Israel.
As organizations give AI agents more authority, such as access to data and systems and the ability to change information, the risk of mistaken or dangerous actions grows. Bay's platform checks each agent action in real time against the task it was given and its earlier activity, and decides whether to allow it, block it or send it for human approval. An action that is legitimate in one task can be dangerous in another.
The company says it serves dozens of organizations, including Wix, ClickUp and Micron, and that Fortune 100 companies using it have tripled their use of autonomous agents. The money will go to expanding product and R&D teams and to sales and marketing in the US and Europe.
