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1Password - About the company

1Password is a series C company based in Toronto (Canada), founded in 2006 by David Teare. It operates as a Cloud based platform for remote access software. 1Password has raised $920M in funding from Accel and Iconiq Capital, with a current valuation of $6.8B. The company has 374 active competitors, including 25 funded and 11 that have exited. Its top competitors include companies like Aura, Dashlane and Bitwarden.

Company Details

Cloud based platform for remote access software. It stores passwords and provides document storage. It allows the user to control what information to make visible, delegate management roles, and get comprehensive usage reports. It offers features such as password manager, access management, two factor authentication, passkeys, and more. The app supports Mac, Windows, Android, iOS, and the web. The customers include Today, BBC, CNN, and Mashable.
Social
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Registered Address
4711 Yonge St, 10th Floor, Toronto, Ontario
Key Metrics
Founded Year
2006
Location
Toronto, Canada
Stage
Series C
Total Funding
$920M in 3 rounds
Latest Funding Round
Post Money Valuation
$6.8B as on Jan 19, 2022
Investors
Ranked
Employee Count
3,209 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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1Password's funding and investors

1Password has raised a total funding of $920M over 3 rounds. Its first funding round was on Nov 01, 2019. Its latest funding round was a Series C round on Dec 17, 2021 for $620M. 23 investors participated in its latest round. 1Password has 15 institutional investors and 26 angel investors.

1Password's founders and board of directors

Founder? Claim Profile
The founders of 1Password is David Teare. David Faugno is the CEO of 1Password.
Here are the details of 1Password's key team members:

1Password's Board of Directors

1Password's board has 9 active members. Arun Mathew, Will Griffith, Roustem Karimov, Natalia Karimov, Natalia Karimova, Sara Teare, David Teare, Jeffrey Shiner and Jeffrey A. Shiner are independent board members.
Here is the list of 1Password's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 7m
Independent board member
-
Current
4y 5m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
6y 7m

1Password's employee count trend

1Password has 3,209 employees as of Jun 26. Here is 1Password's employee count trend over the years:
Employee count trend for 1Password
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1Password's Competitors and alternates

Top competitors of 1Password include Aura, Dashlane and Bitwarden. Here is the list of Top 10 competitors of 1Password, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aura
Aura
2017, Boston (United States), Series G
Provider of online safety solutions for identity, privacy, and devices
$672M
83/100
2nd
Logo for Dashlane
Dashlane
2009, New York City (United States), Series D
Provider of password management and credential security solutions
$160M
75/100
3rd
Logo for 1Password
1Password
2006, Toronto (Canada), Series C
Cloud based platform for remote access software
$920M
75/100
4th
Logo for Bitwarden
Bitwarden
2015, Santa Barbara (United States), Series C
Provider of a cloud-enabled password manager tool
$100M
68/100
5th
Logo for Keeper Security
Keeper Security
2009, Chicago (United States), Series D
Offers web-based password manager solutions
$60M
65/100
6th
Logo for LastPass
LastPass
2008, Fairfax (United States), Acquired
Provider of a cloud-based password management platform
-
60/100
7th
Logo for Passbolt
Passbolt
2014, Luxembourg (Luxembourg), Series A
Open source based password manager for teams
$12.5M
54/100
8th
Logo for Ascendo
Ascendo
2002, San Diego (United States), Unfunded
AES encryption based password manager for individual users
-
-
51/100
9th
Logo for Uniqkey
Uniqkey
2017, Herlev (Denmark), Series A
Provider of password and access management solutions for business use
$7.44M
49/100
10th
Logo for NordPass
NordPass
2017, Panama City (Panama), Unfunded
Cloud-based solutions for managing passwords
-
-
47/100
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1Password's Investments and acquisitions

1Password has acquired 3 companies including Apono, Passage and SecretHub. 1Password has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 15, 2026
Acquisition
2021
Wilmington (United States)
Nov 03, 2022
Acquisition
2019
Austin (United States)
Apr 13, 2021
Acquisition
2014
Delft (Netherlands)
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Reports related to 1Password

Here is the latest report on 1Password's sector:

News related to 1Password

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Media has covered 1Password for a total of 51 events in the last 1 year, 24 of them have been about company updates and 11 about partnerships.
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FAQs about 1Password

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