Funding · Event 150
Oak emerges from stealth with a $60 million seed round for identity management
Oak, an Israeli identity management startup co-founded by Shai Morag, has emerged from stealth and announced $60 million in seed funding, according to TechCrunch. The company is positioning its product around identity and access challenges that become more complex as AI agents interact with enterprise systems and data.
Why it matters: The round signals investor interest in security and identity infrastructure tailored to AI-agent deployments, an area likely to grow as companies give autonomous software broader access to internal tools and information. A seed financing of this size also suggests strong conviction that agent-driven security problems could become a significant enterprise spending category.
Capital record
$60 million · seed
Sectors: identity, security, AI agents
Geography: Israel
Sources
- Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worse TechCrunch · July 15, 2026