← Embedded Finance Index 2026

Armature

“Can product analytics be rebuilt for the agent experience (AX) layer as users shift from clicking UIs to delegating tasks to Claude and ChatGPT?”

Founded2025
HQUnited States (with team in France)
FoundersTheodore Otzenberger, Louis Scremin
Latest roundY Combinator P26
IndustryInfrastructure / AI Observability

The story

Armature is an early-stage YC P26 company founded by ex-Palantir, ex-Tsuga and ex-Joko operators. It builds observability and evaluation tooling for AI agent sessions running against MCP servers, Claude Connectors and ChatGPT Apps. The thesis: as users delegate to AI agents, the 'interface' shifts from UI to MCP, and product analytics must move inside those agent sessions.

Last 12 months

2026-05

LinkedIn launch post announcing Armature (YC P26) helps companies monitor, analyze and optimize how AI agents experience their products

Product timeline

2026

Armature launched as YC P26 company providing product analytics and evals for MCP servers, Claude Connectors and ChatGPT Apps· launch

The stack

1 layer disclosed in Armature’s embedded-finance stack

Payments / PSP

Stripe

Accounting gap: none