ICONIQ Capital · 2022-01-19
· 1597d
1Password Series C: Building the Future of Human-Centric Security
ICONIQ Capital leads 1Password's $620 million Series C financing, the largest in Canadian history, backing the password management company's expansion into enterprise security and new product categories. The investment recognizes 1Password's evolution from consumer credential management to a comprehensive identity and access management platform serving millions of users and over 100,000 business customers. The company plans to launch Secrets Automation for developers and Psst! for frictionless cross-organization collaboration.
Metrics in this report
Business Customers
100,000customers
over
1Password global enterprise customers
Consumer User Base
millionsusers
estimated
1Password consumer adoption
Series C Funding Amount
620$M
total raised
1Password Series C round
Years as Bootstrapped Business
14years
nearly
1Password pre-funding operational history