Oak Raises $60M in Seed Funding to Build the AI-Native Identity Operating System

Oak, a cybersecurity startup, has successfully raised $60 million in seed funding to develop its innovative Identity Operating System (IOS), aimed at revolutionizing identity management in the era of artificial intelligence. The funding round, which was announced on July 15, 2026, was co-led by prominent venture capital firms Accel, Greylock Partners, and CRV, with additional participation from Hetz Ventures and AlphaDrive Ventures. This financial backing will enable Oak to enhance its platform, which is designed to replace outdated identity governance systems with a unified, AI-native solution.

Founded by seasoned entrepreneur Shai Morag and co-founder Tal Marom, Oak seeks to address the growing complexities of identity management within enterprises. Traditional identity governance tools have struggled to keep pace with the rapid increase in identities—spanning human users, machines, and AI agents—resulting in a fragmented security landscape. Oak's platform aims to provide a comprehensive control plane that continuously updates and governs all identities across an organization, thereby reducing the attack surface that cybersecurity threats can exploit.

The strategic rationale behind Oak's offering is underscored by the increasing demand for advanced identity management solutions. According to Gartner, by 2028, 70% of Chief Information Security Officers (CISOs) will adopt identity visibility and intelligence capabilities to combat the evolving security landscape. The company's AI-native architecture is designed to facilitate seamless integration with any system, allowing for rapid deployment of new connectors and real-time risk assessment. This positions Oak to capitalize on a market that has reached a critical inflection point, where existing tools are inadequate for the complexities of modern enterprise environments.

Morag's extensive background in the cybersecurity sector, including the founding and successful exits of multiple companies, provides Oak with a strong leadership foundation. He is joined by a team of experts in identity and AI, including co-founder Tal Marom, who has significant experience in product management at leading tech firms. This expertise is expected to drive Oak's growth as it aims to expand its workforce and enhance its technological capabilities, ensuring that the platform meets the evolving needs of its enterprise customers.

As Oak prepares to showcase its technology at Black Hat USA in August 2026, the implications of this funding round extend beyond the company itself. The investment reflects a broader trend in the cybersecurity sector, where innovative solutions are increasingly prioritized to address the challenges posed by digital transformation and the proliferation of AI. The successful fundraising also signals strong investor confidence in the potential for AI-driven identity governance solutions, positioning Oak to play a pivotal role in shaping the future of enterprise security.