NewCore Emerges from Stealth with $66 Million for AI and Human Workforce Identity Platform

NewCore has emerged from stealth with a new workforce identity platform and $66 million in funding, announced in a press release. The round was led by Cyberstarts, with participation from Index Ventures and Evolution Equity Partners.

The platform has been built to manage identities for both humans and AI agents across enterprise environments. It is designed to eliminate supply chain risks and modernize identity infrastructure originally built for human-only workforces. NewCore introduces Secure Split Key technology to remove single points of failure in SAML and OIDC systems, and adds VisualMFA, a verification method resistant to phishing and replay attacks.

NewCore’s system treats AI agents as full identities with their own lifecycle and access controls. The company also offers an Agentic Skill integration package for coding assistants such as Claude Code, Codex, and Cursor, allowing them to operate securely within enterprise systems.

Founded by cybersecurity veterans Zohar Alon, Amihai Neiderman, and Erez Yarkoni, NewCore employs more than 50 people across Tel Aviv and the United States. The platform is available to enterprise customers and will be demonstrated at the Identiverse conference in Las Vegas in June 2026.