Mintive Raises $7M in Funding Led by Cowboy Ventures

Mintive, a San Francisco, CA-based infrastructure provider for the agentic enterprise, has raised $7 million in a new funding round, bringing the total amount to $11 million.

The round was led by Cowboy Ventures with participation from Coatue, Operator Collective, Burst Capital, Maven Ventures, Hustle Fund, Frederic Kerrest, Michael Grinich, Scott Belsky, Jeff Dean, and Andrej Karpathy.

The company plans to use the funds to expand its platform and support growing enterprise demand, while developing tools for agent identity, governance, security and AI coworker agents.

What is Mintive?

Mintive provides infrastructure that helps businesses manage and secure AI agents across their organisations. Its platform treats each AI agent like an employee, giving it a separate identity and specific permissions based on the tasks it needs to perform.

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The platform includes an MCP Gateway that allows IT teams to control which cloud services AI agents can access and what actions they can take. Its LLM Gateway routes requests across different AI models and helps businesses manage costs.

Mintive also provides tools to manage agent identities, permissions and security. Its monitoring capabilities help companies track AI agents across their systems. Businesses can also create agents that handle long-running tasks independently.

How Much Funding Has Mintive Raised?

Mintive has raised a total of $11 million following its latest $7 million funding round.

Details of its previous funding rounds, including their dates and investors, were not provided.

Who Invested in Mintive’s Funding Round?

The $7 million round was led by Cowboy Ventures.

Other participating investors include Coatue, Operator Collective, Burst Capital, Maven Ventures and Hustle Fund. Individual investors Frederic Kerrest, Michael Grinich, Scott Belsky, Jeff Dean and Andrej Karpathy also participated.

Why the Funding Matters

Mintive will use the new capital to scale its infrastructure platform and support increasing enterprise adoption.

The company also plans to develop its agent identity, governance and security capabilities, along with its AI coworker agents. These tools will help businesses manage the growing number of AI agents operating across their systems.

Who founded Mintive?

Mintive was founded by Jiquan Ngiam, Bo Zhi See, Vijay Vasudevan and Phillip Bensaid.

The company is headquartered in San Francisco, California. Its founding year was not provided.

"I think what our customers look at and are a bit shocked at is how quick and easy it is to deploy," said Ngiam. "We have really thought through all the ways this can be done, all the access control, permissioning layer, to make it so easy for them to deploy it, that all the complexities are hidden away.

Lee added: "I think a lot of companies are being set up for failure by chasing round size, rather than, 'how much do I need to actually really move the needle for the company?' And so, yes, in a time when people are raising unprecedented amounts of money, we're just kind of doing it the brick-by-brick, old-fashioned way."

Market and Business Growth

Mintive operates in the growing market for enterprise AI agent management. It's platform focuses on helping businesses control agent access manage AI model usage and monitor activity across enterprise systems.

The company is entering a competitive market that includes products from major technology companies such as Amazon, Microsoft, OpenAI and Anthropic, as well as specialist startups.

What Happens Next?

Mintive plans to expand its infrastructure platform and support more enterprise customers. It will also continue developing tools for agent identity, governance and security, alongside its AI coworker agents.

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