Oak, an Israeli cybersecurity company, came out of stealth on 15 July 2026 with a $60m seed round. Accel, Greylock Partners and CRV co-led the financing, Globes reported.
Hetz Ventures, AlphaDrive Ventures and strategic angel investors also took part. The company did not disclose a valuation. Oak was founded in December 2025 by Shai Morag and Tal Marom and has offices in Israel and San Francisco.
“we spent months speaking with more than 100 CISOs and IAM leaders”Tal Marom, Chief Product Officer, Oak
What Oak does
Oak builds an AI-based platform for managing identities and permissions across an organisation. The problem has grown harder as AI agents, service accounts and automated systems join human users, Globes said. SecurityWeek described the product as an AI-powered Identity Operating System that governs human, AI and machine identities, and said it is already generally available.
According to SecurityWeek, the platform connects to cloud, on-premises, software-as-a-service and homegrown applications, with connectors that can be built within hours. It bases its picture of each identity on raw evidence rather than static records, and compares the access each identity has been granted with how that access is actually used. It also offers governance across the identity lifecycle plus AI-driven risk decisions and remediation, with the aim of replacing a set of legacy identity governance and security tools with one product.
Neither report named paying customers.
The founders
Shai Morag is chief executive. SecurityWeek said he previously founded Integrity-Project, acquired by NVIDIA's Mellanox, Secdo, acquired by Palo Alto Networks, and Ermetic, acquired by Tenable. Tal Marom is chief product officer and earlier led product teams at Tenable and Salesforce.
Before launch the founders talked to more than 100 chief information security officers and identity and access management leaders, Marom said. He told SecurityWeek that these leaders share three problems: too many disconnected tools, little visibility into how access is used and no way to govern AI agents. He compared identity's current moment with the way cloud-native application protection platforms consolidated a fragmented cloud security stack.
Team and plans
Oak has about 50 employees across Israel and San Francisco, according to Globes, and plans to hire more people for its Israeli development centre. Morag told Globes the market has reached a breaking point. The company did not give a revenue figure, a customer count or a breakdown of how it will spend the $60m.
The company was only months old at the time of the announcement, and the round was co-led by three venture firms.
In the founders' words
Morag told Globes that the market has reached a breaking point. He said Oak is the platform the industry has needed for twenty years and could never build until now, a claim the company makes about its own product.
Marom said identity is now at the same inflection point that cloud security reached when fragmented tools were consolidated, and that Oak is designed to be the platform that brings it all together. Globes described Oak as an Israeli company, and SecurityWeek said it is based in Tel Aviv and San Francisco.
The investors named by both outlets are Accel, Greylock Partners and CRV as co-leads, with Hetz Ventures, AlphaDrive Ventures and angels as participants.
Company website: oak.id