NewCore has raised $66 million to tackle what it sees as the next frontier in enterprise security: giving AI agents verifiable identities. The company’s thesis is straightforward. As businesses deploy more autonomous AI systems, the question shifts from “who is accessing our systems” to “what is accessing our systems.”
The company is far from alone in recognizing this gap. The non-human identity management space has attracted serious attention from established players over the past year. Okta, AWS, Veza, Silverfort, and Token Security have all launched or expanded solutions targeting machine and agent identity in 2025 and 2026.
Why enterprise security is pivoting away from human-centric models
Enterprises are deploying AI agents at scale across customer service, financial operations, supply chain management, and software development. Each of those agents needs its own identity, its own permissions, and its own lifecycle management. Companies like AWS have integrated agent identity controls into their cloud infrastructure offerings. Okta has expanded its identity platform beyond human users. Veza has focused specifically on authorization for non-human identities.
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