# Oak raised $60M to give every user, machine, and AI agent one identity system > Source: > Published: 2026-07-16 14:33:25+00:00 Most companies still cannot say who, or what, has access to their systems at any given moment. Oak, an Israeli startup, has raised $60M to fix that, and it is betting AI agents make the problem urgent. The company came out of stealth with the seed round, [it said](https://www.prnewswire.com/news-releases/oak-raises-60m-in-seed-funding-to-build-the-ai-native-identity-operating-system-302826349.html). Its aim is an “identity operating system”: a single control plane that governs every identity in a firm, whether a human, a machine, or an AI agent. ## Why identity is the target Identity is the front door to any company, which makes it the top target for attackers. Yet most firms run a patchwork of old tools built for human staff and slow-moving systems. The rush of machine and agent accounts has left them behind. Oak wants to replace that patchwork. Its software connects to any system, builds a live map of every identity from how it actually behaves, and strips out access that is no longer used. It does this in real time, not in a once-a-year review. ## A serial founder’s next act The bet is really a bet on the team. Chief executive Shai Morag has built and sold three security companies, including Ermetic, bought by Tenable for $265m in 2023, [TechCrunch reported](https://techcrunch.com/2026/07/15/backed-by-60m-in-funding-oak-steps-out-of-stealth-to-fix-the-identity-mess-that-ai-agents-are-making-worse/). His exits total around $500m. “Our vision is to be born as a giant,” Morag said. He told his wife Oak would be his last company. “I will go big or go home.” The round was co-led by Accel, Greylock, and CRV, and [first revealed by Calcalist](https://www.calcalistech.com/ctechnews/article/s1avjebvfg). It is one of the largest seed rounds ever for an Israeli cyber firm. Oak already has about 50 staff and paying enterprise customers. ## An identity land grab Oak is not alone. Identity has become one of the hottest corners of security, and the giants are circling. Palo Alto Networks recently agreed to buy CyberArk, a sign of how much the category is worth. The trigger is AI. As agents start acting on their own, the web is scrambling to work out [how to give them an identity](https://thenextweb.com/news/delaware-aic-ai-agent-legal-entity-sandbox). Researchers have already tricked agents into [leaking private code](https://thenextweb.com/news/gitlost-github-ai-agent-leaks-private-repos) and even [running a ransomware attack](https://thenextweb.com/news/ai-agent-first-end-to-end-ransomware-attack). Firms are racing to [control the bots](https://thenextweb.com/news/cloudflare-pact-browser-privacy-bot-traffic-protocol) before that spreads. Oak’s wager is that all of it, from staff logins to [Alexa-style assistants](https://thenextweb.com/news/amazon-moonraker-alexa-ai-agent-cost), will finally sit under one roof. Morag thinks the winners here will be worth “tens and even hundreds of billions.” ## Get the TNW newsletter Get the most important tech news in your inbox each week.