NewCore Emerges from Stealth with $66M to Rebuild Workforce Identity for the Agentic Era

Security-first identity platform for the agentic era, rebuilt from the ground up for humans and AI agents.

Designed to eliminate prominent supply-chain risks across the modern enterprise identity stack.

Backed by Cyberstarts, Index Ventures, and Evolution Equity Partners.

TEL AVIV, Israel and SAN FRANCISCO, June 15, 2026 /PRNewswire/ -- NewCore today emerged from stealth with a security-first identity platform for the agentic enterprise, rebuilt from the ground up for the workforce that actually exists today: humans, machines, and AI agents. The company has raised $66 million from Cyberstarts, Index Ventures, and Evolution Equity Partners, and is led by a founding team of cybersecurity and enterprise-IT veterans whose prior exits include Check Point's acquisition of Dome9.

Identity has become the primary attack surface in the enterprise. The largest breaches of the past three years, from MGM to Change Healthcare to Snowflake customers to compromises of major identity platforms themselves, share a common root cause: identity infrastructure designed for an earlier era, asked to manage a workforce it was never built to support.

The agentic era demands a new identity architecture

AI agents now operate alongside the human workforce across the enterprise, spinning up in seconds and requiring fine-grained, revocable access to production systems. Yet the dominant identity platforms were architected fifteen years ago for a world of employees logging into web apps, built on aging protocols such as SAML, static service accounts, and password-derived session tokens that were never designed to serve as the security perimeter for this environment.

That gap cannot be closed with incremental upgrades or bolt-on products. A modern identity platform has to be designed for it from the start.

What NewCore built

NewCore is a single platform that discovers, secures, and governs every identity in the modern enterprise, human and agentic alike. It was built from the ground up to reduce risk, not just manage access, eliminating categories of exposure that prior architectures left open by design.

The platform is engineered for environments where agentic identities outnumber human ones by two orders of magnitude or more. For modern identity, the meaningful measure is not uptime or provisioning speed but the volume of risk removed from the enterprise.

Leadership

NewCore was founded by seasoned cybersecurity professionals with deep technical expertise and a proven record of building successful businesses:

Under their leadership, the company has grown to more than 50 employees across Tel Aviv and the United States.

From founders, investors, and analysts

"Identity is broken, and yet it has become the control plane of the modern enterprise. We built NewCore for the workforce that actually exists today, one of humans, machines, and agents, and we built it security-first from day one. The goal isn't to manage identity better. It's to remove categories of risk that the industry and our customers have lived with for far too long."

— Zohar Alon, Co-founder and CEO, NewCore

"Yesterday's identity platforms were built for a very different world. AI agents are changing the shape of the workforce, and that demands a new architecture, not another layer of patches. Zohar and his co-founders have rebuilt identity from the ground up for a world of humans, machines, and agents."

— Shardul Shah, Partner, Index Ventures

"What stands out about NewCore is that security isn't a feature layer, it's the foundation. Split-key architecture and phishing-resistant MFA at the platform level change the conversation CISOs can have about identity risk."

— Lawrence Pingree, Head of Data Security and AI Research, Software Analyst Cyber Research (SACR)

Availability

NewCore is available to enterprise customers today. The company will demonstrate the platform at Identiverse in Las Vegas, June 15–18, 2026.

About NewCore

NewCore is the security-first identity platform for the agentic era. Rebuilt from the ground up, it secures, enables, and governs every human and agentic identity under a single, scalable architecture. Founded by cybersecurity veterans and Unit 8200 alumni. Backed by Cyberstarts, Index Ventures, and Evolution Equity Partners. NewCore. Identity Secured.™

Learn more at newcore.com.

Media contact

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SOURCE NewCore