Okta
Valuation
$2.5B
2024 Revenue
$2.3B
Customers
19K
Funding
$454.3M
Avg ACV
$119.4K
Team
5.9K
Churn
5%
Founded
2009
How Okta CEO Todd McKinnon grew Okta to $2.3B revenue and 19K customers in 2024.
Okta Inc is an independent provider of identity for the enterprise. It pioneered identity in the cloud. The Okta Identity Cloud enables customers to secure their users and connect them to technology, anywhere, anytime and from any device. The Okta Identity Cloud is used by organizations in two distinct and powerful ways, to manage and secure their internal users, and to connect and secure their external users via the powerful APIs it has developed. The company derives revenue from subscription fees which include support fees, and professional services fees.
Last updated
Okta Revenue
In 2024, Okta's revenue reached $2.3B. The company previously reported $835.4M in 2021. Since its launch in 2009, Okta has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Okta Hit $2.3b revenue in December 2024 |
| 2021 | Okta Hit $835.4m revenue in April 2021 |
| 2009 | Launched with $0 revenue |
Okta Valuation, Funding Rounds
Okta's most recent disclosed valuation is $2.5B.
Okta has raised $454.3M in total funding across 7 rounds, with its most recent round in 2015.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2015 | Funding round | $75M | - | - |
| 2014 | Funding round | $75M | - | - |
| 2013 | Funding round | $27M | - | - |
| 2012 | Funding round | $250M | - | - |
| 2011 | Funding round | $16.5M | - | - |
| 2010 | Funding round | $10M | - | - |
| 2009 | Funding round | $750K | - | - |
Okta Employees & Team Size
Okta employs approximately 5.9K people as of 2026, up from 3.9K in 2021.
Okta has 5.9K total employees in different roles and functions and 797 sales reps that carry a quota. They have 19K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 5.9K employees (December 2024) |
| 2021 | Reached 3.9K employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Okta acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Okta
What is Okta's revenue?
Okta generates $2.3B in revenue.
Who founded Okta?
Okta was founded by Todd McKinnon.
Who is the CEO of Okta?
The CEO of Okta is Todd McKinnon.
How much funding does Okta have?
Okta raised $454.3M.
How many employees does Okta have?
Okta has 5.9K employees.
Where is Okta headquarters?
Okta is headquartered in United States.
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Compare Okta to the industry
Okta operates across multiple industries. Browse revenue, funding, and growth data for Okta in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .