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NewCore Scores $66M to Give AI Agents Their Own Identity Credentials

techcrunch.com@market_structure3 hours ago·Cybersecurity·5 comments

McKinsey already runs 25,000 AI agents next to 60,000 humans; NewCore's split-key architecture treats software workers as first-class identities with revocable permissions.

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McKinsey already runs 25,000 AI agents alongside 60,000 human employees, and Goldman Sachs tested Devin as a coding hire last year. NewCore is betting $66M that those digital workers need proper identity credentials, not just shared service accounts.

Split Keys and Agentic Skills

NewCore's platform treats AI agents as first-class identities with their own permissions, lifecycle controls, and revocation mechanisms. The core innovation is a split-key architecture that divides critical identity credentials between the customer and the platform, eliminating a single point of compromise.

For coding assistants like Anthropic's Claude Code, OpenAI's Codex, and Cursor, NewCore offers an “Agentic Skill” integration package that lets those AI tools access enterprise systems as managed identities rather than through manually distributed credentials. A mobile app lets employees grant, review, and revoke agent access in real time.

Why Existing Identity Platforms Won't Cut It

CEO Zohar Alon, who previously sold Dome9 to Check Point, argues that 15- to 20-year-old identity platforms from Okta and Microsoft Entra were built for humans, not for thousands of autonomous agents. “The scale and complexity that those things are going to add are going to break them,” Alon told TechCrunch. He points out that established vendors bolt on agentic features as an afterthought, while NewCore was built from the ground up for a workforce of humans, machines, and AI agents.

The company has fewer than 10 customers and more than 10 design partners so far, but Alon predicts AI agents could outnumber human employees at many tech organizations within a few years. TCS Chairman N. Chandrasekaran has said AI agents could eventually rival the Indian IT services company's workforce in size.

NewCore plans to start charging customers this summer. If the agent workforce grows as fast as these numbers suggest, identity will be the first enterprise system to buckle - and Alon is building the guardrails before the crash.


Source: As AI agents become employees, NewCore emerges with $66M to give them identities
Domain: techcrunch.com

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