On July 16, 2026, Tel Aviv- and San Francisco-based Oak exited stealth with $60 million in seed funding co-led by Accel, Greylock Partners and CRV. Oak is building an AI-powered Identity Operating System that unifies governance of human, machine and AI agent identities across enterprise environments.
This article aggregates reporting from 1 news source. The TL;DR is AI-generated from original reporting. Race to AGI's analysis provides editorial context on implications for AGI development.
Identity is quietly becoming one of the first places where organizations feel the impact of non‑human ‘users’. Oak’s pitch—that you need a single, continuously updated control plane for humans, machines and AI agents—isn’t just a compliance story. It’s about building the scaffolding for a world where agents can request access, rotate credentials and act across SaaS and on‑prem systems without turning the entire environment into a permission soup.
From an AGI race standpoint, this is foundational plumbing. Highly capable agents will be useless in enterprises that can’t reason clearly about who (or what) has access to what, and why. Conversely, if the identity layer becomes rich, dynamic and AI‑aware, it makes it much easier to safely grant agents powerful capabilities on a just‑in‑time basis. The calibre of Oak’s founding team—serial entrepreneurs with multiple security exits—and its backers suggests investors see identity as an essential control surface for agentic AI, not an afterthought bolted onto legacy IAM.

