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Oak emerges from stealth with $60M to tackle AI-driven identity risks

Created at 15 Jul · 11:16 AM1 source↑ Market-relevant
IN SHORT

Israeli startup Oak has launched with $60 million in seed funding to address the growing identity management challenges posed by AI agents. The company aims to provide a unified control plane for identity across organizations, replacing outdated systems that are increasingly vulnerable to AI-powered exploits.

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Key Numbers

$60 millionseed funding raised by Oak
100CISOs and IAM leaders consulted by Oak
50people on Oak's team
2023year Ermetic was acquired
$265 millionacquisition price for Ermetic

Who's Involved

Oak
startup addressing AI-driven identity risks
Shai Morag
Co-founder and serial entrepreneur
Tal Marom
Co-founder and chief product officer
Accel
Co-lead investor in Oak's seed round
CRV
Co-lead investor in Oak's seed round
Greylock Partners
Co-lead investor in Oak's seed round
Oak emerges from stealth with $60M to tackle AI-driven identity risks

↳ Why This Matters

As AI agents become more prevalent in workplaces, the existing identity management systems are proving insufficient, creating new security vulnerabilities. Oak's emergence with significant funding suggests a growing market need for advanced, AI-native solutions to secure digital identities and protect corporate data from increasingly sophisticated threats.

Key facts

  • Oak has launched with $60 million in seed funding.
  • The company aims to solve identity management issues exacerbated by AI agents.
  • Oak's product offers a unified control plane for organizational identity.
  • The solution maps access to app usage and removes unnecessary permissions in real time.
  • The startup was co-founded by Shai Morag and Tal Marom.

Oak, an Israeli startup, has emerged from stealth with $60 million in seed funding to address the growing complexities of identity management in an era where AI agents are increasingly integrated into digital work environments. The company's solution aims to replace outdated credentials and inadequate identity access management (IAM) systems, which are becoming more vulnerable to AI-powered exploitation.

Co-founded by Shai Morag, who has a history of successful cybersecurity exits, and Tal Marom, Oak has developed an AI-native unified control plane. This framework maps access to actual application usage and proactively removes permissions that are no longer needed, moving beyond the manual and periodic review processes of legacy tools. Morag stated that the current IAM process is too manual and operations-based, lacking risk-based triggers like logins from unusual locations.

The company consulted with approximately 100 CISOs and IAM leaders before developing its product. Oak has already deployed its solution with enterprise clients, though specific names were not disclosed. The $60 million seed round was co-led by Accel, CRV, and Greylock Partners, with participation from AlphaDrive Ventures, Hetz Ventures, and angel investors. Morag, who previously sold cyber startup Secdo to Palo Alto Networks and stayed on at Tenable after its acquisition of Ermetic, expressed his ambition for Oak to become a significant player in the market.

Frequently asked questions

Oak is addressing the inadequacy of current identity management systems in handling the complexities introduced by AI agents working alongside humans in digital environments, which creates new security vulnerabilities.

Oak provides an AI-native unified control plane that maps access to actual application usage and removes unnecessary permissions in real time, rather than relying on periodic reviews.

Oak was co-founded by Shai Morag, a serial entrepreneur with multiple cybersecurity exits, and Tal Marom, who has product leadership experience at Tenable and Salesforce.

The $60 million seed round was co-led by Accel, CRV, and Greylock Partners, with additional participation from AlphaDrive Ventures, Hetz Ventures, and angel investors.

What Happens Next

01Oak plans to invest heavily in research and development.
02The company intends to focus on growth and expansion.
03Oak is actively hiring, particularly in the U.S.

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Cadence

How It Developed

Oak, an Israeli startup, has emerged from stealth.
The company has raised $60 million in seed funding.
Oak's product is now generally available and deployed by enterprise clients.
Oak's solution maps access to actual app usage and removes unneeded permissions in real time.

Sources

T1
Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worseTechCrunch

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