1Password - About the company
1Password is a series C company based in Toronto (Canada), founded in 2006 by Roustem Karimov and 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 373 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 373 active competitors
Employee Count
2,916 as on Mar 31, 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 | - | - | - |
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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.
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 are Roustem Karimov and David Teare. David Faugno is the CEO of 1Password.
Here are the details of 1Password's key team members:
- Roustem Karimov: Founder of 1Password. They serve on the board of 1 company.Contact Info: 1 email address
- 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, David Teare, Sara 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 4m | |
Independent board member | - | Current | 4y 1m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 3y 4m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 3y 4m | |
Independent board member | - | Current | 6y 4m |
View details of 1Password's Founder profiles and Board Members
1Password's employee count trend
1Password has 2,916 employees as of Mar 26. Here is 1Password's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aura 2019, Boston (United States), Series G | Provider of online safety solutions for identity, privacy, and devices | $672M | 84/100 | |
2nd | Dashlane 2009, New York City (United States), Series D | Provider of password management and credential security solutions | $160M | 76/100 | |
3rd | Cloud based platform for remote access software | $920M | 73/100 | ||
4th | Bitwarden 2015, Santa Barbara (United States), Series C | Provider of a cloud-enabled password manager tool | $100M | 69/100 | |
5th | Keeper Security 2009, Chicago (United States), Series D | Offers web-based password manager solutions | $60M | 66/100 | |
6th | LastPass 2008, Fairfax (United States), Acquired | Provider of a cloud-based password management platform | - | 62/100 | |
7th | Cloud-based solutions for managing passwords | - | - | 55/100 | |
8th | Specops Soft 2001, Stockholm (Sweden), Acquired | Password and desktop management of windows IT environment | - | - | 51/100 |
9th | Enpass 2019, Wilmington (United States), Funding Raised | Provider of password management software enabling secure data storage and access | - | 50/100 | |
10th | Passbolt 2014, Luxembourg (Luxembourg), Series A | Open source based password manager for teams | $12.5M | 49/100 |
Looking for more details on 1Password's competitors? Click here to see the top ones
1Password's Investments and acquisitions
1Password has not made any investments yet. 1Password has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 07, 2025 | Acquisition | 2018 | Cambridge (United Kingdom) | |
Feb 20, 2024 | Acquisition | 2016 | Somerville (United States) | |
Nov 03, 2022 | Acquisition | 2019 | Austin (United States) |
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 33 events in the last 1 year, 12 of them have been about company updates and 9 about partnerships.
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1Password's new tool tackles a rising security threat for AI agentsZDNet•Mar 17, 2026•1Password, Anthropic, Vercel, GitHub
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1Password Appoints Nancy Wang as Chief Technology Officer to Lead AI StrategyFinancial Post•Jan 12, 2026•1Password, Amazon Web Services
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1Password partners with Cursor to secure AI-driven development workflowsSiliconAngle•Dec 19, 2025•1Password, Cursor, Graphite
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