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1Password

1Password logo

1Password

Password manager and digital security platform.

1password.com
HQ: Toronto, Canada
Cybersecurity

Company research

Public company, workplace, funding, and market signals

Updated Aug 2, 2026

Overview

1Password (formerly AgileBits) is a privately held Canadian cybersecurity company founded in 2005. It began as a consumer password manager and has expanded into identity security and Unified Access for human, machine, and AI-agent identities. The company reports 180,000+ business customers, 1,400+ employees, and more than $400M in ARR as of late 2025.

Primary product

1Password Unified Access / Enterprise Password Manager: an end-to-end-encrypted password, credential, secrets, SaaS-access, and identity-security platform for individuals, families, developers, and businesses.

Founded

2005

Headquarters

Toronto, Ontario, Canada

Team size

1,400+ global employees

Work style

Flexible

Industry

Cybersecurity

Sub-industry

Identity security, password management, privileged/access governance, and SaaS security

Offices

Toronto, Ontario, Canada
Austin, Texas, United States
New York, New York, United States
Boston, Massachusetts, United States
London, United Kingdom
Tel Aviv, Israel

Business model

Subscription SaaS
Per-user monthly or annual plans for individuals, families, teams, and businesses
Enterprise and MSP licensing
Consumer direct-to-customer subscriptions

Funding

Stage

Late-stage private / growth company

Total raised

$920M

Latest round

Series C · Jan 2022

Latest amount

$620M

Series C

Jan 2022 · ICONIQ Growth

$620M

Series B

Jul 2021 · Accel

$100M

Series A

Nov 2019 · Accel

$200M

People & investors

Leadership

David Faugno

Chief Executive Officer

Michael Hughes

President

Jeannie De Guzman

Chief Operating Officer

Greg Henry

Chief Financial Officer

Katya Laviolette

Chief People Officer

John Torrey

Chief Business Officer

Melton Littlepage

Chief Marketing Officer

Nancy Wang

Chief Technology Officer

Jacob DePriest

Chief Information Security Officer & Chief Information Officer

Jeff Shiner

Executive Chairman of the Board

Founders

Dave Teare

Co-founder; developer and customer-support leader

Natalia Karimov

Co-founder

Roustem Karimov

Co-founder

Sara Teare

Co-founder

Investors

Accel
Anthony Casalena
Arun Mathew
Atlassian founders and executives
Atlassian founders Scott Farquhar and Mike Cannon-Brookes
Atlassian president Jay Simons
Backbone Angels
Bob Iger
Gerhard Eschelbeck
Harley Finkelstein
ICONIQ Growth
Jeff Weiner
Kevin Hartz
Lightspeed Venture Partners
Manoj Apte
Mary Barra
Pharrell Williams
Rita Wilson
Robert Downey Jr.
Robert Vis
Ryan Reynolds
Salesforce Ventures
Scarlett Johansson
Skip Capital
Slack Fund
Sound Ventures
Stewart Butterfield
Tiger Global
Tiger Global Management
Tobias Lütke

Work & culture

Remote-first by heritage, with a flexible model and intentional in-person collaboration, including hubs, offsites, hackathons, team events, and volunteer activities. The careers site highlights eight employee-led communities, inclusive practices, meaningful-impact work, and the 1Password Behaviors for Success. The company emphasizes privacy, security, usability, open-source participation, and sustainable growth.

Work style

Flexible

Visa sponsorship

Limited

Compensation

Public job postings signal market-based compensation with internal-equity principles, equity grants or RSUs for many employees, benefits, retirement matching, PTO, and role- and country-specific incentive programs. One public U.S. cloud-platform posting listed $150,000-$210,000 base salary; the Canadian equivalent listed C$132,000-C$185,000. Sponsorship appears role- and country-specific rather than company-wide.

Benefits

Maternity and parental leave support
Competitive health benefits
Generous paid time off
Quarterly wellness days
Retirement matching
Equity / RSU program
Complimentary 1Password family account
Paid volunteer days
Employee-nominated community grants
Peer-to-peer recognition through Bonusly
Learning, mentorship, and professional development

Product & market

Pricing

Subscription pricing, generally per user per month with annual-billing discounts; consumer, family, team, business, enterprise, and MSP tiers. Public pricing examples include Individual plans starting around $2.99/month paid annually, Teams Starter Pack at $24.95/month for 10 members, and Business at $8.99/user/month paid annually; enterprise pricing is generally quote-based.

Differentiators

  • —End-to-end encryption and zero-knowledge design
  • —Dual-key encryption using an account password plus a unique Secret Key
  • —Secure Remote Password authentication
  • —Unified coverage of passwords, secrets, SaaS access, and emerging AI-agent identities
  • —Rust-based shared security-critical client core across platforms
  • —Strong consumer-to-enterprise product experience
  • —Developer tooling including CLI, SSH-agent, shell plugins, passkeys, and secrets management
  • —SaaS discovery and access governance through SaaS Manager
  • —Security-focused confidential-computing work using AWS Nitro Enclaves
  • —Large installed base and reported 90%+ gross retention

Technology

Rust
React
TypeScript
WebAssembly
Electron
AWS
AWS Nitro Enclaves
Kubernetes
Go
Swift
Kotlin
GitHub/GitLab tooling
Terraform
NGINX
Datadog
Apache Iceberg
Snowflake
Databricks

Customers

Associated Press
Asana
Canva
CIBC Capital Markets
Harvard University
Hugging Face
IBM
MongoDB
Salesforce
Slack
Stripe
Under Armour
Vercel
Wiz
180,000+ businesses

Competitors

LastPass
Bitwarden
Keeper
Dashlane
Okta
1Password-adjacent identity and access-management platforms

Scale & contact

Estimated revenue

At least $400M ARR as of November 2025; exact annual revenue is not publicly disclosed. Third-party directory estimates range roughly from $200M-$300M to $275M annual revenue, but the official ARR figure is the stronger current signal.

Estimated monthly visits

9.5M

Traffic estimate as of Jun 2026

support@1password.com416-546-1397

Signals & risks

Acquisition
Feb 2024

Acquired Boston-based device-security company Kolide for undisclosed terms; approximately 30 employees joined 1Password.

Source
Acquisition
Jan 2025

Acquired UK-based SaaS access-management company Trelica for undisclosed terms, adding shadow-IT discovery, SaaS spend optimization, and access workflows.

Source
Other
Jul 2025

Longtime CEO Jeff Shiner became Executive Chairman and David Faugno became sole CEO after previously serving as co-CEO. This was part of a broader leadership reshuffle, not reported as a layoff.

Source
Other
Oct 2025

CTO Pedro Canahuati and CRO Julian Teixeira departed; the company subsequently reorganized its executive leadership. No material workforce layoff was identified in the researched sources.

Source
Acquisition
Jun 2026

Acquired Apono, a just-in-time access-governance company, for undisclosed terms. Apono's approximately 80 employees joined 1Password; the deal expands Unified Access to human, machine, and AI-agent runtime permissions.

Source

Latest news

1Password and Anthropic Bring Secure Credential Access to Claude, letting an AI agent use approved credentials without exposing the secret to the model

1Password · Jul 2026

Major AI partnership launch: 1Password announced secure credential access for Claude, positioning its product as a trusted access layer for AI agents.

1Password Acquires Apono

1Password · Jun 2026

The acquisition adds just-in-time access governance for human, machine, and AI-agent identities; terms were not disclosed.

1Password Surpasses $400M ARR and Expands Executive Team

1Password · Nov 2025

1Password reported more than $400M ARR, 180,000 business customers, 1.3 billion secured credentials, and leadership additions Michael Hughes as President and John Torrey as CBO.

C-suite Executives Pedro Canahuati and Julian Teixeira Leave 1Password

BetaKit · Oct 2025

The former CTO and CRO departed amid executive reorganization; no layoffs were reported in the article.

Longtime 1Password CEO Jeff Shiner Moves to Executive Chair

BetaKit · Jul 2025

David Faugno became sole CEO while Jeff Shiner moved to Executive Chairman, following a major leadership transition.

CareersCompany / About / TeamDeveloper documentationEngineering blogEngineering/developer siteGitHub organizationHomepageJobs boardLinkedIn company pageTeam member page: David Teare
Sources1Password company and leadership1Password careers, benefits, and work policy1Password product and pricing1Password business pricing1Password competitor comparison2025 ARR and leadership announcement2022 Series C announcement2019 Series A announcement2021 investment round1Password engineering blog: confidential computing1Password GitHub organization1Password engineering/developer site1Password LinkedIn company page1Password jobsJune 2026 traffic estimateKolide acquisitionTrelica acquisitionApono acquisition

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