
1Password
Scalable and easy-to-use password manager.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $200m Valuation: $900m | Series A | |
* | $100m Valuation: $2.0b | Series B | |
* | $620m Valuation: $6.8b | Series C | |
Total Funding | $920m |
EUR | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 82 % | 60 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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1Password is a comprehensive password management and secure access solution trusted by over 100,000 businesses. Operating within the Identity and Access Management (IAM) market, 1Password provides complete control over passwords and sensitive business information. The platform ensures the protection of all employee accounts, including those that may not be immediately visible. It allows employees to securely access any app or service and share necessary information such as logins, documents, and credit cards while maintaining privacy for other data.
1Password's business model revolves around subscription-based services, offering various plans tailored to different organizational needs. The company generates revenue through these subscriptions, providing scalable solutions for businesses of all sizes. The platform is designed for easy deployment and integrates seamlessly with existing IAM systems like Azure AD, Okta, OneLogin, and Slack. This integration allows for automatic employee provisioning, enhancing security without disrupting productivity.
By fitting smoothly into a team's workflow, 1Password helps businesses secure their operations efficiently. The service is particularly beneficial for organizations looking to enhance their cybersecurity measures without compromising on ease of use or productivity.
Keywords: password management, secure access, IAM, Azure AD, Okta, business security, employee provisioning, data protection, subscription service, workflow integration.