After quietly building its platform, Israeli cybersecurity startup Oak has announced its emergence from stealth with $60 million in seed funding. The company aims to modernize identity and access management (IAM) systems in the face of growing security vulnerabilities amplified by AI agents.
- Oak raises $60 million to modernize enterprise IAM amid AI-driven risks
- Platform uses AI to dynamically manage access based on real-time usage
- Co-founded by cybersecurity veteran Shai Morag, targeting fast growth
What happened
Oak, an Israeli identity management startup co-founded by seasoned entrepreneur Shai Morag, publicly unveiled its AI-native platform aimed at solving emerging identity security challenges in the digital age. The company has secured $60 million in seed funding led by Accel, CRV, and Greylock Partners. Oak’s solution is generally available and already integrated in enterprise client environments, though specific customers remain undisclosed.
The startup was developed to address increasing vulnerabilities in IAM frameworks that have become more pronounced with the rise of AI agents interacting in digital workplaces. Oak’s product continuously monitors and adjusts access permissions based on actual application usage, significantly reducing overprivileged access risks that traditional, static IAM systems fail to prevent.
Why it matters
As work environments blend human and AI agent interactions, legacy identity management systems prove inadequate for rapidly evolving access control needs. Poorly managed credentials and access rights are a common vector for cyberattacks, a problem exacerbated by AI’s potential to automate and amplify exploitation tactics. Oak’s platform addresses this by shifting from manual, operations-driven IAM processes to proactive, AI-powered risk-based management.
Co-founder Shai Morag brings extensive cybersecurity experience, including successful exits, to focus on building a robust, scalable solution designed for modern enterprise complexities. With cyberthreats growing in sophistication, tools that dynamically adapt permissions in real time represent a critical advancement in reducing security gaps and improving organizational resilience.
What to watch next
Oak plans to leverage its significant funding to rapidly expand its team, particularly in the United States, and accelerate product innovation through increased R&D investment. The startup faces a competitive landscape as many vendors explore AI to disrupt entrenched IAM solutions, making fast scale and technological differentiation essential for Oak’s market success.
Investors highlight Morag’s proven track record and deep product expertise as key strengths positioning Oak to navigate the complexity of enterprise sales and integrations. Market observers will watch how Oak’s AI-native approach competes in a traditionally slow-moving sector adapting to the requirements of securing AI-driven workflows and digital identities.