NewCore Raises $66M Seed at $300M Valuation

NewCore, an Israeli cybersecurity startup based in Tel Aviv and San Francisco, has emerged from stealth with $66 million in total funding. The capital, raised across a $16 million pre-seed round and an expanded seed round, brings the company's valuation to $300 million.

Investors

The pre-seed round was led by Index Ventures and Cyberstarts. The seed round was led by Evolution Equity Partners, with participation from a group of prominent angel investors including Assaf Rappaport, Yevgeny Dibrov, Ofer Ben-Noon, Ofir Ehrlich, Sharin Fisher of Startpoint Capital, and Yotam Segev.

NewCore Use of Funds

NewCore plans to use the capital to support four years of operational runway and to scale its operations to compete against established identity management providers. The funding supports the company's goal of scaling its infrastructure platform for enterprise identity and access management.

About NewCore

Founded in 2025 by cybersecurity veterans Zohar Alon, Amihai Neiderman, and Erez Yarkoni, NewCore is an identity security company that provides a comprehensive infrastructure platform designed to manage and secure identities for human employees, enterprise systems, and autonomous AI agents. Headquartered in Tel Aviv and San Francisco, the company is focused on helping enterprises eliminate identity-based risks through a security-first architecture designed for the AI era.

Funding Details

Company Website: https://newcore.com

Company: NewCore
Raised: $66M
Round: Seed
Funding Date: June 15, 2026
Lead Investor: Index Ventures, Cyberstarts, Evolution Equity Partners
Additional Investors: Assaf Rappaport, Yevgeny Dibrov, Ofer Ben-Noon, Ofir Ehrlich, Sharin Fisher, Startpoint Capital, Yotam Segev
Software Category: Cybersecurity
Source: https://www.calcalistech.com/ctechnews/article/rjznsdtbfl