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.

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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