Alter (YC S25) – Access control for multi-user agents

Hi HN! We’re Srikar and Kevan, founders of Alter – https://alterauth.com/. We’re building access control for agents that can take actions on behalf of multiple users.If you’ve built an internal agent people use through Slack, you may have experienced this scenario: everyone signs in with their own account, but the agent connects to the CRM or billing system with one shared API key, so the agent can do anything that the key can do. User-level authentication in Slack does nothing to control what the agent can do in an external system like the CRM or billing system.Here’s what Alter does:-It acts as a proxy and manages downstream credentials for every API request that an agent takes;-It takes identity into account for every action the agent does. Automatically take into account the end user identity of the person that the agent is taking actions on behalf of.-It enforces fine grained runtime policies and records compliance grade audit logs.Here’s a demo video: https://www.youtube.com/watch?v=9ZqPU14ipGEWe started this because we saw first hand how hard it is to build agents in regulated industries. To unlock the true benefits of agents we need to allow agents to take actions, sometimes actions on behalf of end users. I (Srikar) was working at Goldmans and I saw how prohibitively expensive it was for me as a developer to write my own custom auth to enable multi-tenancy in agents and to allow agents to have strict policy controls as they act on behalf of end users. My co-founder, Kevan, is a second time founder and was previously working on a database startup. He has experience building and selling deep tech into highly regulated environments. So this problem seemed like a natural fit for the both of us.Building and maintaining custom auth for multi tenant agents was challenging. But so was ensuring that the solution we developed was secure, scalable and keeping track of security grade audit logs. As a result we realized there needs to be a

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FL score

82

out of 100

Verdict

BUILD

high confidence

Competition

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Alter provides secure, fine-grained access control for multi-user agents acting on behalf of users in regulated industries.

The pain

Developers struggle to build secure, compliant multi-tenant agents that act on behalf of users without exposing shared credentials or losing auditability.

The gap

Existing solutions either rely on shared API keys or lack fine-grained, user-level access control and compliance-grade audit logs for multi-user agents.

Build angle

Founders with relevant experience can build a secure, scalable proxy that manages credentials and enforces runtime policies across integrations.

Strengths

  • Clear and painful problem in regulated industries
  • Strong founder domain expertise
  • Compliance and auditability built-in
  • Niche market with few direct competitors

Risks

  • Long sales cycles and trust-building in regulated sectors
  • Complexity of integrating with diverse external systems
  • Potentially limited market size outside regulated industries
  • Need for continuous updates to comply with evolving regulations

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