Oak Secures $60M Seed to Revolutionize Identity Governance with AI

Oak, an Israeli startup, has secured $60 million in seed funding to transform identity governance using artificial intelligence. This funding, led by Accel, Greylock Partners, and CRV, will help Oak tackle existing identity challenges and manage new identity types, including AI agents. CEO Shai Morag states that AI offers a real opportunity to disrupt old categories like identity governance and security, solving long-standing problems. Oak, founded in January, aims to build an AI-native platform for continuous risk assessment and automation. This platform will manage human users, machine identities, service accounts, and AI agents through a unified approach. The company plans to invest in product development, engineering, research, and go-to-market activities. This matters because it could lead to more secure and automated identity management for all types of digital entities.