1Password is a technology company.
1Password is a technology company.
1Password has raised $920.0M across 3 funding rounds.
1Password has raised $920.0M in total across 3 funding rounds.
1Password has raised $920.0M in total across 3 funding rounds.
1Password's investors include 8VC, Abstract Ventures, A Capital, Accel, AirAngels, AIX Ventures, Allegion Ventures, Andreessen Horowitz, Atomic, Axiom Partners, Balderton Capital, Better Tomorrow Ventures.
1Password is a cybersecurity company that builds enterprise-grade password management and Extended Access Management solutions to secure identities, logins, and devices.[1][2][4] It serves over 180,000 businesses—from Fortune 100 companies to innovative AI firms—as well as individuals and families, solving the problem of insecure credential management in a SaaS- and AI-driven world by enabling secure, productive access without friction.[1][3][7] The platform stores and autofills sensitive data like passwords, payment info, and secrets, while pioneering passwordless options like passkeys, fostering growth through rapid innovation and trust from millions of users.[3][5][8]
Founded in 2005 in Toronto, Canada, by AgileBits Inc., 1Password emerged as a response to growing needs for secure password storage amid rising online threats.[4] The idea stemmed from creating a simple digital vault for individuals and families to manage credentials across devices, evolving from personal use to enterprise solutions as remote work and SaaS proliferation demanded robust sharing and security.[3][8] Early traction came from its cross-platform autofill and form-filling tools, which captivated teams; pivotal moments include launching Passage (a passkey solution) in 2023 and pioneering Extended Access Management for AI agents, solidifying its market leadership.[1][3][8]
1Password rides the wave of identity security in an era of exploding SaaS tools, remote work, and AI agents, where breaches cost $4.35 million on average and credential overload burdens teams.[7][8] Timing aligns with passwordless shifts (passkeys) and developer needs for secrets automation, countering market forces like rising hacks via human-centric tools that integrate seamlessly.[3][8] It influences the ecosystem by setting standards in Extended Access Management, empowering devs and enterprises to adopt AI securely, and fostering habits that strengthen internal security postures amid digital transformation.[1][6][8]
1Password's momentum positions it for explosive growth through products like Secrets Automation and Psst! for cross-org collaboration, expanding its platform into developer and enterprise workflows.[8] Trends like AI-driven threats, zero-trust models, and passkey adoption will propel it, evolving its influence from password pioneer to comprehensive identity leader. As cybersecurity stakes rise, 1Password's human-first mission—unleashing productivity without compromise—will define secure digital futures for businesses and individuals.[1][2][6]
1Password has raised $920.0M across 3 funding rounds. Most recently, it raised $620.0M Series C in January 2022.