Latka logo

How OneSpan CEO Thomas Hunt grew OneSpan to $247.9M revenue and 10K customers in 2024.

Vasco Data Security International designs, develops and markets digital services for identity, security and business productivity that protect and facilitate transactions online, via mobile devices and in-person. The company provides anti-fraud and digital transaction management services to financial institutions and other businesses. Its services offer secure access to data, assets and applications for global enterprises, as well as, provide tools for application developers to integrate security functions into their web-based and mobile applications and facilitate digital transactions involving the signing, sending and managing of documents. VASCO was founded in 1984 and is headquartered in Chicago, Illinois. The company seeks to acquire other technology companies that could expand its technology portfolio or its customer base and allow it to achieve the business objectives.

Last updated

OneSpan Revenue

In 2024, OneSpan's revenue reached $247.9M. The company previously reported $201M in 2018. Since its launch in 1991, OneSpan has shown consistent revenue growth.

OneSpan Revenue GrowthReported revenue / ARR by year$0$60M$120M$180M$240M$300M199119931995199719992001200320052007200920112013201520172019202120232024$0$201M$248MSource: GetLatka.com
YearMilestone
2024OneSpan Hit $247.9m revenue in December 2024Source
2018OneSpan Hit $201m revenue in December 2018
1991Launched with $0 revenue

OneSpan Valuation, Funding Rounds

OneSpan's most recent disclosed valuation is $603M.

OneSpan is a bootstrapped Other Collaboration Software startup. Founded in 1991, OneSpan has grown to $247.9M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, OneSpan has built its business with no outside investment.

OneSpan Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119911991 cumulative: $0 • 1991 Founded: $01991 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

OneSpan Employees & Team Size

OneSpan employs approximately 787 people as of 2026, up from 764 in 2021.

OneSpan has 787 total employees in different roles and functions. They have 10K customers that rely on the company's solutions.

OneSpan Team GrowthReported headcount over time02004006008001,00019911993199519971999200120032005200720092011201320152017201920212023202400764764787787Source: GetLatka.com
YearMilestone
2024Reached 787 employees (December 2024)
2021Reached 764 employees (April 2021)

Founder / CEO

Thomas Hunt

Scott M. Clements is OneSpan’s Chief Executive Officer and President. Scott has extensive leadership experience in security and technology businesses, developing transformational strategies that leverage technology innovations to build on competitive assets. Before OneSpan, Scott spent 11 years at Tyco International as President of Tyco’s global $1B Retail Solutions business unit, as well as Tyco's Chief Technology Officer working to accelerate innovation, and as Senior Vice President, Corporate Business Development, focused on technology acquisitions.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how OneSpan acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about OneSpan

What is OneSpan's revenue?

OneSpan generates $247.9M in revenue.

Who founded OneSpan?

OneSpan was founded by Thomas Hunt.

Who is the CEO of OneSpan?

The CEO of OneSpan is Thomas Hunt.

How much funding does OneSpan have?

OneSpan raised $0.

How many employees does OneSpan have?

OneSpan has 787 employees.

Where is OneSpan headquarters?

OneSpan is headquartered in Chicago, Illinois, United States.

People Also Viewed

C2FO logo

C2FO

C2FO helps businesses around the world access the fast, low-cost capital they need to achieve their financial goals. It is the world's on-demand working capital platform, providing fast, flexible and equitable access to low-cost capital to businesses worldwide.

Hoot for Mac logo

Hoot for Mac

Hoot is a lightweight minibar for macOS featuring Widgets, handy Tools, and a Recent Screenshots tray with drag & drop.

Smarsh logo

Smarsh

Smarsh is a privately held software company based in Portland, Oregon, that provides compliance and e-discovery solutions for corporate organizations and financial institutions. Its cloud-based platform offers archiving and compliance solutions for email, social media, and mobile communication data, allowing businesses to search and manage data for legal and regulatory purposes. The company was founded in 2001 and has since grown to serve thousands of customers worldwide.

RightChoice.ai logo

RightChoice.ai

RightChoice.ai provides listing management, reviews and reputation, enterprise solutions, and keyword tracker services. It operates as an AI-driven reputation management software for businesses.

CrossCountry Consulting logo

CrossCountry Consulting

Consulting company specializing in finance, operations and technology advisory services to create present and future enterprise value

Adastra logo

Adastra

For over two decades, Adastra Corporation has transformed businesses into digital leaders, helping global organizations innovate, achieve operational excellence, and create unforgettable customer experiences, all with the power of their data. At the forefront of Artificial Intelligence, Data, Cloud, Digital and Governance services, Adastra delivers solutions to enterprises to leverage data that they can control and trust, connecting them to their customers – and their customers to the world. In North America, we have offices in Toronto, Calgary, Burnaby, Texas, Florida, New York City, and California. In Europe, we have offices in Frankfurt, Wolfsburg, Munich, Darmstadt, Hannover, Magdeburg, Prague, Bratislava, Vienna, Thessaloniki, Sofia, Varna and Plovdiv. We also have offices in Bangkok, Chiang Mai and Pune. More information can be found at https://adastracorp.com.

Compare OneSpan to the industry

OneSpan operates across multiple industries. Browse revenue, funding, and growth data for OneSpan 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 .