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NewCore

Category: AI Infrastructure

Security-first identity platform built for the agentic era, governing human and AI agent identities under a single architecture to eliminate legacy identity vulnerabilities. NewCore was founded in 2025. The company is led by Zohar Alon. Based in Tel Aviv, Israel & San Francisco, USA. Team size: 101-500. Total funding raised: $66M. Latest round: Seed. Key investors include Cyberstarts, Index Ventures, Evolution Equity Partners, Assaf Rappaport (Wiz), Yevgeny Dibrov (Armis), Ofer Ben-Noon (Palo Alto Networks), Ofir Ehrlich (Eon), Yotam Segev (Cyera).

Founded
2025
Headquarters
Tel Aviv, Israel & San Francisco, USA
Team size
101-500
Total funding
$66M

Value proposition

Rebuild workforce identity from the ground up for a world where humans, machines, and AI agents coexist. Legacy identity systems designed for human employees only — NewCore treats AI agents as first-class identities with full lifecycle management, eliminates single points of compromise (Secure SplitKey), and provides phishing-resistant, hardware-bound authentication out of the box.

Products and solutions

NewCore Identity Platform: Identity Discovery (continuous discovery and mapping of all identities across directories, PAM, AI systems, and shadow IT), Identity Security (Secure SplitKey, phishing-resistant auth, device-bound sessions, hardware-bound credentials), Human + AI Agent Governance (full lifecycle management for AI agents — issue, govern, contain, revoke, trust scoring, sub-agent governance), NewCore Agentic Skill (integration for Claude Code, OpenAI Codex, and Cursor enabling managed identity access), Mobile app for human oversight of AI agent permissions.

Unique value

The only identity platform built security-first from day one for both humans AND AI agents — with Secure SplitKey architecture that eliminates the single point of compromise inherent in legacy SAML infrastructure, and native agent governance at machine speed.

Target customer

Enterprise organizations with 500+ employees deploying or planning to deploy AI agents alongside human workers

Industries served

Enterprise (all verticals), initial beachhead in technology, telecommunications, financial services

Technology advantage

Secure SplitKey architecture removing single point of compromise in signing infrastructure (eliminates Golden SAML, Adversary-in-the-Middle session theft, token replay); AI agents as first-class identities with dedicated lifecycle, trust score, and revocation path (vs. legacy service accounts); phishing-resistant and hardware-bound authentication built in by default; ability to deploy in days/weeks vs. months/years; designed for scale where non-human identities outnumber humans 100:1.

How they differentiate

Unlike Okta and Microsoft Entra ID which built identity for human employees and bolt on agent features, NewCore was built from the ground up as a security-first platform for the multi-identity workforce. Its Secure SplitKey architecture eliminates entire classes of attack vectors (Golden SAML, token replay). Treats AI agents as first-class identities rather than service accounts. Founders bring deep cybersecurity pedigree (Dome9/Check Point, Unit 8200, T-Mobile/Telstra CIO).

Main competitors

Microsoft Entra ID (Azure AD), Okta, Palo Alto Networks (post CyberArk merger)

Key partnerships

Agentic Skill integrations with Anthropic Claude Code, OpenAI Codex, and Cursor for managed identity access, Cyberstarts (lead investor/partner), Index Ventures, Evolution Equity Partners

Notable customers

Fewer than 10 initial customers (unnamed at launch), more than 10 design partners

Major milestones

Founded 2025, $16M pre-Seed from Index Ventures & Cyberstarts, Expanded to $66M Seed with Evolution Equity Partners at $300M valuation, Emerged from stealth June 15, 2026, Platform GA launch at Identiverse 2026 Las Vegas, 50+ employees across Tel Aviv and San Francisco, Less than 10 launch customers with 10+ design partners

Growth metrics

50+ employees; sub-10 customers at launch; 10+ design partners; $300M valuation; plans to charge from summer 2026

Market positioning

Challenger positioning to displace Okta and Microsoft Entra ID in the enterprise identity market. Positioned as the security-first alternative for the "agentic era." Valued at $300M post-money at launch. Targeting tens of millions in revenue within 18 months.

Geographic focus

Global (HQ in Tel Aviv, Israel and San Francisco, USA)

Patents and IP

Secure SplitKey architecture (proprietary approach, not publicly patented as of launch)

About Zohar Alon

Ex-Founder & CEO of Dome9 (acquired by Check Point for $175M); President of Cybereason; Head of Cloud Product Line at Check Point. Three-time cybersecurity founder with ~30 years in the industry.

Official website: