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.
- Website
- 1password.com
- 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
Ranked
3rd among 374 active competitors
Employee Count
3,209 as on Jun 30, 2026
Legal entities associated with 1Password
1Password is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AGILEBITS INC CIN: 32075518053 , United States, Active | - | - | - | |
AGILEBITS USA INC. CIN: 85-0946691 , United States, Active | Apr 16, 2020 | - | - | - |
Sign up to download 1Password's company profile
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.
Here is the list of recent funding rounds of 1Password:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 17, 2021 | $620M | Series C | $6.8B | - | Tiger Global Management, Backbone Angels, Lightspeed Venture Partners, Accel, Scarlett Johansson, Robert Downey Jr, Ryan Reynolds, Trevor Noah, Matthew McConaughey, Rita Wilson, Justin Timberlake, Chris Evans, Ashton Kutcher, Pharrell Williams, Jeff Weiner, Robert Iger, George Kurtz, Mary Barra, Frank Slootman, Lucy Suros, Therese Tucker, Salesforce Ventures | |
May 05, 2021 | $100M | Series B | $2B | - | ||
Nov 01, 2019 | $200M | Series A | $800M | - |
View details of 1Password's funding rounds and investors
1Password's founders and board of directors
Founder? Claim ProfileThe founders of 1Password is David Teare. David Faugno is the CEO of 1Password.
Here are the details of 1Password's key team members:
- David Teare: Co-Founder of 1Password. Contact Info: 1 email address
- David Faugno: CEO of 1Password. Contact Info: 1 email address
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 |
View details of 1Password's Founder profiles and Board Members
1Password's employee count trend
1Password has 3,209 employees as of Jun 26. Here is 1Password's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aura 2017, Boston (United States), Series G | Provider of online safety solutions for identity, privacy, and devices | $672M | 83/100 | |
2nd | Dashlane 2009, New York City (United States), Series D | Provider of password management and credential security solutions | $160M | 75/100 | |
3rd | Cloud based platform for remote access software | $920M | 75/100 | ||
4th | Bitwarden 2015, Santa Barbara (United States), Series C | Provider of a cloud-enabled password manager tool | $100M | 68/100 | |
5th | Keeper Security 2009, Chicago (United States), Series D | Offers web-based password manager solutions | $60M | 65/100 | |
6th | LastPass 2008, Fairfax (United States), Acquired | Provider of a cloud-based password management platform | - | 60/100 | |
7th | Passbolt 2014, Luxembourg (Luxembourg), Series A | Open source based password manager for teams | $12.5M | 54/100 | |
8th | Ascendo 2002, San Diego (United States), Unfunded | AES encryption based password manager for individual users | - | - | 51/100 |
9th | Provider of password and access management solutions for business use | $7.44M | 49/100 | ||
10th | Cloud-based solutions for managing passwords | - | - | 47/100 |
Looking for more details on 1Password's competitors? Click here to see the top ones
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) |
See all acquisitions by 1Password
Reports related to 1Password
Here is the latest report on 1Password's sector:
News related to 1Password
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.
•
•
Westcon-Comstor adds 1Password to AWS MarketplaceIT Brief UK•Jul 31, 2026•Amazon Web Services, 1Password
•
1Password Launches Privileged Access to Mitigate AI Agent Standing Access RisksSiliconAngle•Jul 28, 2026•1Password
•
1Password Partners with Claude AI for Secure Credential AccessEngadget•Jul 16, 2026•1Password, Anthropic
•
•
•
1Password Named a Leader in the 2026 Gartner® Magic Quadrant™ for SaaS Management PlatformsCIO Influence•Jun 24, 2026•1Password
•
1Password Acquires Just-in-Time Access Management Provider AponoTechzine•Jun 15, 2026•Apono, 1Password
•
1Password Launches Credential Broker for Secure Credential ManagementBusiness Wire•Jun 15, 2026•1Password
•
1Password Earns Recognition on the Third Annual CRN AI 100 ListFinancial Post•May 27, 2026•1Password
Are you a Founder ?
FAQs about 1Password
Explore our recently published companies
- Shunzan Kaiun - Imabari based, 1972 founded, Unfunded company
- Yogakro Wellness - 2020 founded, Unfunded company
- Nachrichtenmanufaktur - 2004 founded, Public company
