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1Password revenue is $120 million

1Password is worth $6.8 billion valuation

1Password team size is 472 employees


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1Password

- Toronto, Ontario, Canada

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How 1Password hit $120M Revenue with 90K customers in 2022.

Developer of password management software designed to save and remember passwords. The company's platform allows users to maintain strong credentials, manage access to services and report on usage and also provides private, secure and user-friendly password management, thereby helping businesses prevent breaches and reclaim time spent guessing or resetting passwords.

Founded

2005

Founded

Revenue

$120M

2022 Revenue

YOY
-----

YOY

Funding

$920M

Funding


1Password Revenue

In 2022, 1Password revenue run rate hit $120M in revenue.

  • 2021

    1Password hit $120M in revenue in 2021

  • 2005

    1Password launched in 2005 with $0 revenue

$120M

1Password Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2022 Series C

    1Password raised a Series C of $620M at a $6.8B valuation in January 2022

  • 2021 Series B

    1Password raised a Series B of $100M at a $2B valuation in July 2021

  • 2019 Series A

    1Password raised a Series A of $200M at a $1B valuation in November 2019

FUNDING DATEROUNDAMOUNTVALUATION
01/19/2022 Series C $620M $6.8B
07/27/2021 Series B $100M $2B
11/14/2019 Series A $200M $1B

Team

1Password has 472 total employees and 58 sales reps that carry a quota. They have 90000 customers an engineering team of 124 and a marketing team of 30

201920212022120▲24▲
DISTRIBUTIONQTY
Total team size
472
Engineer
124(26%)
Sales
58(12%)
Marketing
30(6%)

CEO/Founder

Jeff Shiner

CEO and Chairman of the Board for 1Password, the world’s leading password and secrets management company. 1Password protects more than than 80,000 business customers worldwide, including IBM, Slack, PagerDuty, WealthSimple and Gitlab. Shiner previously held leadership roles at Rosetta and IBM Canada. 49ers fan. Lego addict. Proud father.

Q&A

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Customers

1Password has 90K customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

1Password has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About 1Password

Monthly Revenue

$10M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


1Password Board of Directors

NamePosition

1Password Executives

NamePosition
Jeff Shiner CEO

1Password Employees

NamePosition
Jeff Shiner CEO

Frequently Asked Questions about 1Password

When was 1Password founded?

1Password was founded in 2005.

How much revenue does 1Password generate?

1Password generates $120M in revenue.

Who is the CEO of 1Password?

The CEO of 1Password is Jeff Shiner.

How much funding does 1Password have?

1Password was raised $920M.

How many employees does 1Password have?

1Password has raised 472 employees.

Where is 1Password headquarters?

1Password headquater is at Canada