Cybersecurity Startup Oak Secures $60 Mn in Seed Funding

The funding round was co-led by Accel, Greylock Partners, and Charles River Ventures (CRV). These firms were the main investors in Oak's $60 million seed funding round.

The round also received support from Hetz Ventures, AlphaDrive Ventures, Sharin Fisher Dibrov's Startpoint Capital, and several strategic angel investors, who joined the funding alongside the lead investors.

Oak has developed an AI-powered platform that helps organizations securely manage and control access across all their systems from a single platform.

"The market has reached a breaking point, and I had the chance to bring together the people who understand identity, security, and AI best," said Shai Morag, CEO and co-founder of Oak. "I've built several companies in this space, so I understand why identity has stayed broken for so long. The tools were never built to work as one, and adding more of them was never going to fix it. Oak is the platform the industry has needed for twenty years, and could never build until now."

"We spent months speaking with more than 100 CISOs and IAM leaders, and they all share the same problems of running too many disconnected tools, being unable to see how access is used, and no way to govern AI agents," said Tal Marom, CPO and co-founder of Oak. "Just as CNAPP consolidated the fragmented cloud security stack, identity is now at that same inflection point, and Oak is designed to be the platform that brings it all together and turbocharges the security teams defending the enterprise."

"Backing Shai a second time was one of the easiest decisions we've ever made," said Andrei Brasoveanu, Partner at Accel. "He and his team have spent their careers solving the hardest problems in enterprise security, and identity is the biggest one left standing. Oak has the team, the timing, and the technology to take on the whole category, and we've committed at inception to help them do it."

 About Oak

Founded by cybersecurity entrepreneurs Shai Morag and Tal Marom, Oak is building an AI-powered identity management platform for modern enterprises. The platform helps organizations manage and secure all types of digital identities, including employees, machines and AI agents, from a single system.

Read Also- Serverless Monitoring Startup Lumigo Secures $8 Mn in Seed Funding