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§ Private Profile · Esch-sur-alzette, Luxembourg
Passbolt is a technology company.
Passbolt is the first open source password manager tailored for agile and devops teams first, yet usable by everyone. It is designed to help centralize, organize and share credentials securely.
Passbolt has raised $11.5M across 4 funding rounds.
Passbolt has raised $11.5M in total across 4 funding rounds.
Passbolt has raised $11.5M across 4 funding rounds. Most recently, it raised $8.0M Series A in January 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2025 | $8M Series A | Airbridge Equity Partners | Expon Capital | Announced |
| Dec 18, 2020 | $2.5M Seed | Expon Capital, Scalefund | — | Announced |
| Jan 21, 2019 | $520K Venture Round | — | — | Announced |
| Jan 1, 2019 | $530K Seed | — | Expon Capital, Felix Capital, Partech Ventures, Revolution, Greg Kidd, John Collison, Justin Mateen, Troy Carter, Zachary Sims | Announced |
Passbolt is an open-source password and credential manager designed for secure team collaboration, enabling organizations to store, share, and manage sensitive information like passwords, notes, and OTP credentials using end-to-end OpenPGP encryption.[2][3][5] It serves IT teams, DevOps, agile groups, higher education, engineering, government, and enterprises, solving the problem of insecure password sharing by providing granular access controls, self-hosting for data sovereignty, and compliance features like SOC 2 Type II.[1][3][4] Growth momentum includes reaching 4,000 GitHub stars, multiple security audits (10 in 24 months), team expansion to 30 collaborators, and releases of mobile apps, SSO, MFA, and Windows desktop app, with pricing from free Community edition to Enterprise custom plans.[1][3][7]
Passbolt originated in a digital agency seeking to evolve KeePass into a collaborative solution, leading to the first prototype release that garnered strong feedback and spurred full development.[3] The project has grown into a company focused on security-first tools for agile and DevOps teams, with careful hiring expanding the team from 7 to 15 in a year and now to 30 collaborators.[3] Pivotal moments include mobile app releases, browser integration, account recovery, SSO, MFA, folders in the Community Edition, and 100% source code audits with public reports—all while maintaining its open-source roots as a community-driven initiative based in Europe.[1][3][7]
Passbolt rides the trend of zero-trust security and credential sprawl in DevOps/agile environments, where traditional password managers fall short on collaboration and sovereignty amid rising breaches and regulations like GDPR.[3][4][6] Timing aligns with passwordless shifts and OpenPGP's enduring standard, enabling phishing resistance and flexibility other tools lack, while self-hosting addresses data privacy demands in a cloud-dominated world.[1][5][6] It influences the ecosystem by promoting open-source alternatives to proprietary managers, fostering community contributions (e.g., 4,000 GitHub stars), and setting benchmarks for auditable, team-centric security in higher ed, government, and tech sectors.[1][3]
Passbolt is poised to become the de-facto platform for agile/DevOps credential management, expanding beyond passwords to broader security/privacy solutions as teams demand sovereign, collaborative tools.[3] Trends like AI-driven threats, stricter compliance, and hybrid work will amplify its asymmetric encryption and audit transparency advantages, potentially driving adoption via more integrations and enterprise features.[1][6] Its influence may evolve by empowering open ecosystems, challenging closed vendors, and scaling through community momentum—reinforcing its role as a security-first cornerstone for modern teams, much like its origins transformed a simple KeePass hack into a production-ready powerhouse.[3][7]
Passbolt has raised $11.5M in total across 4 funding rounds.
Passbolt's investors include Airbridge Equity Partners, Expon Capital, ScaleFund, Felix Capital, Partech Ventures, Revolution, Greg Kidd, John Collison, Justin Mateen, Troy Carter, Zachary Sims.