NewCore Ltd. has debuted its comprehensive security-first identity platform tailored for artificial intelligence agents, supported by $66 million in seed funding. The platform aims to manage and protect the identities of AI agents alongside human users within enterprise environments, overcoming vulnerabilities inherent in traditional identity frameworks.
- Secures AI agents with dedicated identity lifecycles and trust scores
- Eliminates key identity-related attack vectors like Golden SAML
- Supports enterprise-scale deployments with visual multifactor authentication
What happened
NewCore Ltd., a startup focused on agentic identity, has launched a new security-first platform intended to manage the digital identities of both humans and autonomous AI agents at scale. The company announced this launch alongside the closing of an impressive $66 million seed funding round led by Cyberstarts with participation from Index Ventures and Evolution Equity Partners.
The platform addresses critical gaps in legacy identity systems which were designed exclusively for human users and do not adequately support AI agents that require fine-grained access and rapid provisioning. NewCore’s architecture introduces innovations like Secure SplitKeys to remove single points of failure and supports agent-specific governance through features such as the Agentic Skill for AI coding agents.
Why it matters
With AI agents increasingly embedded in corporate ecosystems, legacy identity frameworks based on protocols like SAML and service accounts create significant security vulnerabilities. These vulnerabilities have historically enabled some of the largest identity-related cyberattacks, including Golden SAML and token replay exploits.
By treating AI agents as first-class identities with their own lifecycles, verifications, and revocation paths, NewCore aims to close these security gaps. Its platform also enhances human user authentication by employing visual multifactor authentication with hardware-bound credentials, significantly reducing the risk of phishing, social engineering, and session hijacking attacks.
What to watch next
NewCore is showcasing its platform at the Identiverse 2026 conference in Las Vegas and has made it generally available for enterprises starting June 2026. The industry will be watching adoption rates closely, especially among large enterprises facing challenges scaling identity management to support thousands or millions of AI agents alongside human users.
Future developments to monitor include how NewCore’s innovations influence identity management best practices and standards for AI, how integration with major IT ecosystems progresses, and whether the startup secures strategic partnerships or enterprise deals that validate its approach in a rapidly evolving cybersecurity landscape.