1Password [1]

https://1password.com [1]

Company Overview

Industry IT Security / Password Management [2]
Founded 2005 [3]
CEO David Faugno [4]
Company Size 2,683 employees [5]
Headquarters Toronto, Canada [6]
Total Funding $920.14M [7]
Latest Financing Series C-II (Secondary) – $100M (2025-10-29T00:00:00+00:00) [8]
Customer Count 175,000 businesses [5]
Recent Activity Completed a $100 million secondary funding round on 2025-10-09, including a $75 million stake purchase by the Halo Fund. [9]
Go-to-Market Multi-faceted approach combining product-led self-serve for consumers/SMBs with direct sales and channel partners for enterprise. [12]
Pricing Model Tiered SaaS for personal, family, and business use; custom enterprise plans available. [11]
ICP Targets enterprise organizations with 1,000+ employees and complex tech stacks, with key decision-makers including CISOs and IT directors. [13]

Key Strengths

  • Advanced Security Architecture: Employs a zero-knowledge, dual-key encryption model with SOC 2 Type 2 certification and a large bug bounty program.
  • Extended Access Management (XAM) Platform: Secures every identity and device beyond traditional SSO, managing access to managed, unmanaged, and shadow IT apps.
  • Superior User Experience & Passkey Transition: Prioritizes intuitive design and is implementing passive passkey enrollment to simplify the transition away from passwords.

Key Customers

  • Duke University [10]

Competitors

References