What is NewCore Identity?
NewCore Identity operates as a security-first identity platform engineered for the modern enterprise. The company addresses the critical need for unified visibility and governance across fragmented cloud and on-premise environments. By enabling organizations to discover and secure identities—ranging from human users to autonomous machine and AI agents—NewCore Identity effectively eliminates blind spots that often lead to security breaches. The platform's core value proposition lies in its ability to provide phishing-resistant, device-bound access controls, which are essential for maintaining a zero-trust architecture in an increasingly decentralized digital world.
How much funding has NewCore Identity raised?
NewCore Identity has raised a total of $66M across 1 funding round:
Seed
$66M
Seed (2026): $66M with participation from CyberStarts, Index Ventures, and Evolution Equity Partners
Key Investors in NewCore Identity
CyberStarts
An Israel-based venture capital firm founded by Gili Raanan that focuses exclusively on early-stage cybersecurity startups, providing deep operational guidance and product-market fit support.
Index Ventures
A global venture firm that partners with entrepreneurs from seed to IPO, known for backing transformative companies across the technology and software sectors.
Evolution Equity Partners
An international venture capital firm specializing in cybersecurity, led by experienced entrepreneurs who provide technical and go-to-market expertise to help companies achieve market leadership.
What's next for NewCore Identity?
Looking ahead, the recent capital injection will likely be directed toward aggressive product development and market expansion. As enterprises continue to grapple with the proliferation of AI agents and machine identities, NewCore Identity is poised to capture significant market share by offering specialized governance tools that mitigate modern threat vectors. The strategic focus will likely shift toward deepening integration capabilities and expanding its footprint in global markets, supported by the deep industry expertise of its primary investors. This phase of growth will be critical in establishing the company as a standard-bearer for identity-centric security frameworks.
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