As AI agents become employees, NewCore emerges with $66M to give them identities
Key takeaways
- The seed round was led by cybersecurity-focused venture firm Cyberstarts, with participation from Index Ventures and Evolution Equity Partners, valuing New Core at $300 million after investment.
- Companies are increasingly treating AI agents as workplace participants rather than software tools.
- For co-founder and chief executive Zohar Alon (pictured above, center), the opportunity stems from a belief that identity systems have become one of the weakest links in enterprise security.
Why this matters: a development in AI with implications for how people work, create, and decide.
Cybersecurity startup New Core emerged from stealth with $66 million in funding on Monday, aiming to solve a challenge it believes many companies will soon face as they deploy AI agents: how to authenticate, govern, and control them at scale.
The seed round was led by cybersecurity-focused venture firm Cyberstarts, with participation from Index Ventures and Evolution Equity Partners, valuing New Core at $300 million after investment.
Companies are increasingly treating AI agents as workplace participants rather than software tools. Goldman Sachs last year tested AI coding agent Devin as a new employee, while McKinsey said earlier this year that 25,000 AI agents already work alongside its 60,000 employees. NewCore is betting companies will eventually need to manage those digital workers much like human employees.