Tel Aviv Oak raises $60M seed funding

Oak, a Tel Aviv-based provider of what it calls an AI-native identity operating system, has raised $60 million in seed funding, according to FinSMEs. The round was led by Accel, Greylock Partners and CRV, with participation from Hetz Ventures, AlphaDrive Ventures and strategic angel investors. The company said it intends to use the funds to expand its operations and development efforts.

Founded by Shai Morag and Tal Marom, Oak describes its product as an identity operating system designed to “rewire” enterprise identity and access management. According to the company, an AI connector framework reaches any application, whether on-premises, in the cloud, delivered as software-as-a-service, or built in-house, and then constructs a live identity graph from raw evidence across every identity type.

That includes the fast-growing population of non-human identities and AI agents, which have become a particular focus for security teams as automated systems proliferate inside large organisations. By mapping the access each identity holds against what it actually uses, Oak says its platform governs the full lifecycle of every identity, making real-time, AI-built risk decisions and offering root-cause remediation when problems are found.

A $60 million seed round is unusually large by the standards of early-stage financing, and reflects continued investor appetite for identity-security companies at a time when enterprises are grappling with sprawling access permissions and the security implications of AI agents acting on their behalf. The backing of established venture firms such as Accel, Greylock Partners and CRV signals confidence in the founding team and the market opportunity.

Oak joins a deep bench of Israeli cybersecurity and identity companies, many of them clustered in and around Tel Aviv, that have attracted significant venture capital in recent years. Identity and access management has become one of the most active sub-sectors of the security market as organisations move workloads to the cloud and adopt automation.

As an early-stage company, Oak still has to translate its funding and technology claims into deployed products and paying customers. But the size of the round gives the Tel Aviv start-up substantial runway to build out its platform and hire, adding to the city's already dense concentration of security and identity engineering talent.

Sources: finsmes.com.

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