Oak emerges with $60M seed to tackle AI identity sprawl

Oak emerged from stealth on July 15 with $60 million in seed funding to build an identity control plane for organizations, with a focus on securing human, machine, and AI-agent access. The company says its platform is already generally available and deployed with enterprise customers. Its goal is to replace fragmented legacy identity tools with a single system that continuously governs permissions across an organization.

The round was co-led by Accel, Greylock Partners, and CRV, with participation from Hetz Ventures, AlphaDrive Ventures, and strategic angel investors. Oak was founded by Shai Morag and Tal Marom, and it is positioning itself around the growing complexity created by AI agents and automated systems inside enterprise environments.

The company did not disclose a valuation in the reported coverage. One report said the new capital will help Oak hire more engineers, while the broader product pitch centers on making identity management more adaptive as AI systems expand the number of accounts and permissions companies must control.