NewCore
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Investors
Founders
About
NewCore is a workforce identity security company building a security-first identity platform designed to govern and secure both human employees and autonomous AI agents within a single architecture 12. The company emerged from stealth on June 15, 2026 with $66M in total funding at a $300M valuation 23.
NewCore was founded in 2025 by CEO Zohar Alon (previously sold Dome9 to Check Point Software), CTO Amihai Neiderman, and CCO Erez Yarkoni 13. The company has 50+ employees split between Tel Aviv and San Francisco and integrates with AI coding agents including Anthropic’s Claude Code, OpenAI’s Codex, and Cursor 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2025 | Pre-Seed | $16M | Index Ventures, Cyberstarts | — 3 |
| 2026-06-15 | Seed (expanded) | $50M | Evolution Equity Partners | Index Ventures, Cyberstarts, Assaf Rappaport, Yevgeny Dibrov, Ofer Ben-Noon, Ofir Ehrlich, Sharin Fisher Dibrov, Yotam Segev 123 |
What Investors Say
“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.” — Shardul Shah, Partner, Index Ventures 1
What Founders Say
“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.” — Zohar Alon, Co-Founder & CEO, NewCore 1
“We know for sure that the scale and the complexity that those things [AI agents] are going to add to 15- or 20-year-old identity platforms are going to break them.” — Zohar Alon, Co-Founder & CEO, NewCore, TechCrunch, June 15, 2026 2
Sources
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“NewCore Emerges from Stealth with $66M to Rebuild Workforce Identity for the Agentic Era,” PR Newswire, June 15, 2026, accessed June 2026. https://www.prnewswire.com/news-releases/newcore-emerges-from-stealth-with-66m-to-rebuild-workforce-identity-for-the-agentic-era-302799643.html↩↩↩↩↩
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“As AI agents become employees, NewCore emerges with $66M to give them identities,” TechCrunch, June 15, 2026, accessed June 2026. https://techcrunch.com/2026/06/15/ai-agents-are-becoming-employees-newcore-emerges-with-66m-to-give-them-identities/↩↩↩↩↩↩
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“‘We want to go head-to-head with Microsoft and Okta’: NewCore emerges with $66M to rebuild identity security,” Calcalistech, June 15, 2026, accessed June 2026. https://www.calcalistech.com/ctechnews/article/rjznsdtbfl↩↩↩↩↩