NewCore Raises $66 Million to Reinvent Employee Identity for the AI Agent Era

NewCore officially exited stealth mode on June 15, announcing $66 million in funding to build a security-first identity platform tailored for the "agent era." Headquartered in Tel Aviv, Israel, and San Francisco, the company was founded by a team of seasoned cybersecurity and enterprise IT veterans who previously led Check Point’s acquisition of Dome9. The round is co-led by Cyberstarts, Index Ventures, and Evolution Equity Partners.

NewCore’s platform is re-architected for the modern workforce, supporting unified identity management for humans, machines, and AI agents. As enterprises deploy more AI agents, traditional identity systems fail to handle trust and authorization challenges for bots and AI entities. NewCore emphasizes its "security-first" architecture built from the ground up, ensuring every entity—human or non-human—gets least-privilege access, continuous monitoring, and dynamic access control, providing native support for agentic enterprises.

The number of enterprise AI agents is growing exponentially, yet identity and access management (IAM) infrastructure for AI agents remains a blank spot. NewCore positions itself to fill that gap. As AI agents officially become part of the workforce, identity security will evolve from a human-centric extension into a core node of the enterprise digital immune system. NewCore’s trajectory is worth watching.