Oasis Security

The firm operates in the non-human identity management (NHIM) market, targeting large enterprises, with a majority of its clients being Fortune 500 companies. Oasis Security's business model is delivered as a software-as-a-service (SaaS) platform designed to provide visibility, governance, and security for the entire lifecycle of non-human identities. This addresses the limitations of traditional identity and access management (IAM) systems, which were primarily built for human users.

The Oasis platform automatically discovers all non-human identities and their permissions across hybrid, multi-cloud (IaaS, PaaS), SaaS, and on-premise environments. Key features include creating a comprehensive inventory, assigning ownership, detecting threats and anomalies, and orchestrating the entire identity lifecycle from provisioning to decommissioning. A distinctive capability is what the company calls "agentic access management," which grants permissions dynamically based on real-time needs, described as "just-in-time" and "intent-based" access. This model is designed to enforce the principle of least privilege, minimizing security risks associated with unmanaged credentials and excessive permissions.

The company has seen significant financial backing, raising a total of $195 million. This includes a $40 million round in January 2024 and a $120 million Series B round in March 2026, led by Craft Ventures with participation from existing investors Cyberstarts, Sequoia Capital, and Accel. This funding is aimed at expanding research and development for its agentic access management platform and scaling global go-to-market operations.