NewCore launches with $66M to secure human and AI agent identities

NewCore has emerged from stealth with $66 million in funding and a new identity security platform built for enterprises managing human users, machines, and AI agents. The company is backed by Cyberstarts, Index Ventures and Evolution Equity Partners.

The company is entering the market as identity becomes a larger security concern for enterprises. NewCore is positioning its platform around the idea that older identity systems were built for employee access to web applications, while modern enterprises now have to manage service accounts, machine identities, and AI agents that can request access, take actions and interact with production systems.

Customers are already dealing with unmanaged accounts, orphaned credentials, and early AI agent use, often without a clear governance model. As AI agents become part of enterprise workflows, security teams will need stronger ways to discover non-human identities, monitor access behavior, and help clients reduce identity-related risk before it becomes an incident.

NewCore’s platform is designed to discover, secure, and govern human and agentic identities from one place. Its capabilities include identity discovery, AI agent governance, phishing-resistant authentication, hardware-bound credentials, and a split-key architecture aimed at reducing identity infrastructure risk. The platform also includes an integration package for coding agents such as Claude Code, Codex, and Cursor, allowing them to authenticate and operate within enterprise identity controls.