Okta

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Okta is a public cloud-security company and independent identity provider founded in 2009. It provides identity and access management for workforces, customers, partners, non-human identities, and increasingly AI agents, through the Okta Platform and Auth0 Platform.

Primary product

Cloud identity and access management (IAM): workforce identity, customer identity, single sign-on, MFA, lifecycle management, identity governance, threat protection, and developer APIs/SDKs.

Founded

2009

Headquarters

100 First Street, Suite 600, San Francisco, California 94105, United States

Team size

6,000–7,000 (6,366 as of January 31, 2026)

Work style

Flexible

Industry

Cybersecurity / enterprise software

Sub-industry

Identity and access management (IAM), identity security, SaaS

Offices

San Francisco, California, United States

San Jose, California, United States

Bellevue, Washington, United States

Washington, DC, United States

New York, New York, United States

Toronto, Ontario, Canada

Sydney, Australia

London, United Kingdom

Amsterdam, Netherlands

Bengaluru, India

Business model

B2B enterprise SaaS subscriptions

Per-user workforce identity licensing

Customer identity usage/API-based licensing through Auth0

Professional services

Partner and channel sales

Funding

Stage

Public company; formerly venture-backed

Total raised

$1.4B

Latest round

Post-IPO equity · Jun 2020

Latest amount

$1B

Post-IPO equity

Jun 2020

$1B

IPO

Apr 2017 · Public offering on Nasdaq (OKTA)

$187M

Series F

Sep 2015 · Sequoia Capital

$75M

Series E

Jun 2014 · Sequoia Capital

$75M

Series D

Sep 2013 · Sequoia Capital

$27M

Series C

Dec 2012 · Sequoia Capital

$25M

Series B

Aug 2011 · Greylock Partners

$16.5M

Series A

Jul 2010 · Andreessen Horowitz

$10M

Conventional debt

Sep 2009

$750K

People & investors

Leadership

Todd McKinnon

Chief Executive Officer and co-founder

Brett Tighe

Chief Financial Officer

Shibu Ninan

Chief Accounting Officer

Frederic Kerrest

Co-founder and Executive Vice Chairman

Investors

Janus Henderson Investors

Khosla Ventures

Public-market investors

Sequoia Capital

SV Angel

Work & culture

Okta publicly emphasizes customer obsession, security and reliability, ownership, innovation, connection/community, and social impact. Its stated values include Love our customers; Always secure. Always on; Build and own it; and Drive what’s next.

Work style

Flexible

Visa sponsorship

Limited

Compensation

Public job postings show location-specific base/OTE ranges and may include equity, with benefits such as health, dental, vision, 401(k), FSA, PTO, and parental leave. One California/Colorado/Illinois/New York/Washington solutions-engineer posting listed $160,000–$240,000 annual OTE; sponsorship is role- and location-dependent.

Benefits

Competitive salary

Employee stock purchase plan

Equity where applicable

Flexible PTO

Health insurance

Dental and vision insurance

401(k)

Flexible spending accounts

Paid leave

Parental leave

Professional development resources

Product & market

Pricing

Primarily subscription SaaS. Workforce plans are generally priced per employee/user/month with annual minimums; Auth0 customer identity pricing is usage- and tier-based. Enterprise pricing may be negotiated.

Differentiators

—Independent and vendor-neutral identity platform
—Separate workforce and developer-centric customer identity offerings via Okta and Auth0
—Large integration ecosystem, reported at more than 7,000 integrations
—Support for cloud, on-premises, and hybrid environments
—Unified governance across human, non-human, and AI-agent identities
—Enterprise scale and broad adoption in Fortune 100 and regulated/public-sector organizations

Technology

AWS

Kubernetes

Docker

PostgreSQL

Cloudflare

OpenAI / AI-agent security capabilities

Microservices

OAuth 2.0

OpenID Connect (OIDC)

SAML

SCIM

REST APIs

SDKs

Okta Integration Network

Customers

JetBlue

Nordstrom

Slack

T-Mobile

Takeda

Teach for America

Twilio

Two-thirds of the Fortune 100

More than 20,000 organizations globally

Competitors

Microsoft Entra ID

Ping Identity

CyberArk

SailPoint

Saviynt

Zscaler

OneLogin

Cisco Duo

Auth0 alternatives such as WorkOS

Scale & contact

Estimated revenue

$2.9B–$3.2B annually; FY2026 revenue was $2.919B and FY2027 guidance was approximately $3.17B–$3.205B.

Signals & risks

Layoff

Apr 2026

Okta eliminated its entire U.S. sourcing team, affecting 24 people, approximately 0.4% of global staff; the company said it was investing in growth areas and still expected overall headcount growth.

Source

Acquisition

Sep 2025

Okta acquired Axiom Security Ltd for approximately $54 million, according to its FY2026 Form 10-K.

Source

Acquisition

Jul 2026

Okta announced a definitive agreement to acquire Permiso Security, expanding its identity security and cloud access capabilities; transaction terms were not established in the retrieved evidence.

Source

Other

Oct 2023

Okta disclosed a major customer support system security incident involving unauthorized access to customer support files; cybersecurity and third-party infrastructure remain material risk factors in its filings.

Source

Latest news

Okta signs definitive agreement to acquire Permiso Security

Okta · Jul 2026

Okta announced an agreement to acquire Permiso Security as part of its expansion in identity security and cloud access.

Okta tops estimates as agentic AI drives demand for identity tools

CNBC · May 2026

CNBC reported that Okta exceeded fiscal Q1 expectations and that CEO Todd McKinnon sees agentic AI increasing demand for identity security, although AI was not yet a majority of revenue.

Okta lays off US sourcing team

UNLEASH · Apr 2026

The U.S. sourcing team was eliminated, affecting 24 employees; Okta characterized the action as targeted investment toward higher-growth areas.

Okta announces fourth quarter and fiscal year 2026 financial results

Okta · Mar 2026

FY2026 revenue was $2.919 billion, up 12%, with subscription revenue of $2.855 billion and strong free cash flow.

Careers Company / about Developer community Developer portal Engineering and company blog GitHub Investor relations LinkedIn company Pricing X / Twitter

SourcesOkta company overview Okta FY2026 Form 10-K Okta careers Okta FY2026 results Okta Q1 FY2027 results Okta funding history Okta U.S. sourcing-team layoffs

Jobs and careers at Okta

389 jobs at Okta

Regional Alliance Manager, Enterprise East

On-site

Regional Alliances & GSI-027

Boston, Massachusetts; New York, New York; Washington, DC; United States

Today

On-site

Full-time