Oak raises $60M for AI identity control
Oak left stealth July 15 with a $60M seed round to build an AI-native identity operating system for human, machine, and AI-agent access.
Oak came out of stealth on July 15 with a $60 million seed round co-led by Accel, CRV, and Greylock Partners, joined by AlphaDrive Ventures, Hetz Ventures, and angel investors. The company calls itself an AI-native identity operating system, built to govern human, machine, and AI-agent identities from one control plane instead of the separate tools most companies run today for workforce IAM, service accounts, and now agents. Founders Shai Morag and Tal Marom both previously built and sold Ermetic to Tenable in 2023; Morag has three cybersecurity exits behind him, including Secdo to Palo Alto Networks.
Oak is already generally available, with a roughly 50-person team hired during stealth and enterprise customers live on the product. The founders say they consulted more than 100 CISOs and identity leaders while building it.
What it means for operators
Every identity vendor from Okta to Microsoft Entra is bolting agent support onto systems built for humans and service accounts. Oak’s bet is that AI agents need identity built in from the start, not added later, and $60 million from three well-known funds says investors think that gap is real. It lands in a crowded moment: NewCore raised $66M for a similar pitch in June, and MCP’s own enterprise-managed auth extension went stable the same month. None of this is settled yet. If you are already handing agents access to production systems, the practical move is the same regardless of which vendor wins: scope each agent’s credentials narrowly, name an owner, and confirm you can revoke access in minutes, not days.