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1Password

1Password is an enterprise password manager and access-management platform protecting credentials, secrets and developer tools for over 150,000 businesses and millions of consumers. Founded in 2005 by Dave Teare and Roustem Karimov in Toronto, the company bootstrapped for 14 years before raising approximately $920M, including a $620M Series C in January 2022 at a $6.8B valuation led by ICONIQ.

Company snapshot

  • Active
Total funding
$920M
Funding rounds
4
Last round (Series C)
$620M
Last round date
Jan 2022
Founded
2005
Employees
1001-5000
Headquarters
Toronto, Ontario, Canada
Last round vs total raised$620M of $920M

Founders

Dave Teare, Roustem Karimov, Sara Teare, Natalia Karimov

Industries

  • Cybersecurity
  • Password Management
  • Identity Management
  • Enterprise Software

Notable investors

InvestorRole
ICONIQ GrowthLead
AccelLead
Tiger GlobalCo-investor
Lightspeed Venture PartnersCo-investor
Backbone AngelsCo-investor
AtlassianCo-investor
Slack FundCo-investor