Oak Raises $60M for AI-Native Identity Platform
Oak, an Israeli startup, has raised $60M for an AI-native identity platform that governs every user, machine, and AI agent from one place.
July 16, 2026 – 2:33 pm
Image by: Omer HaCohen
Most companies cannot accurately state who or what has access to their systems at any given moment. Oak aims to fix this, betting that AI agents make the problem urgent.
The company emerged from stealth with a seed round, it said. Their goal is an “identity operating system”: a single control plane managing every identity within a firm, whether human, machine, or AI agent.
Why Identity Matters
Identity is the front door to any company, making it a top target for attackers. Traditional firms rely on outdated tools and slow systems, struggling to keep up with the influx of machine and agent accounts. Oak seeks to replace this patchwork.
Their software connects to various systems, creates a live map of every identity based on its actual behavior, and removes unused access—all in real-time, not during annual reviews.
A Serial Founder’s Vision
CEO Shai Morag has built and sold three security companies, including Ermetic, acquired by Tenable for $265M in 2023 (as reported by TechCrunch). His exits total around $500M.
"Our vision is to be born as a giant,” Morag stated. He assured his wife that Oak would be his final company, vowing, "I will go big or go home."
Investment Details
The round was co-led by Accel, Greylock, and CRV, with initial reporting from Calcalist. It stands as one of the largest seed rounds ever for an Israeli cybersecurity firm. Oak already boasts approximately 50 staff members and paying enterprise customers.
The Race for Identity Control
Oak is not alone in targeting identity security; it’s become a hot corner within the industry. Giants like Palo Alto Networks’ recent acquisition of CyberArk underscore the category’s value. AI is the catalyst, as agents begin acting autonomously. Firms are racing to control these bots before malicious activities spread.
Oak’s bet: all aspects—from staff logins to Alexa-style assistants—will eventually be managed under one roof. Morag believes winners in this space could be worth "tens and even hundreds of billions."