The problem
Companies can't see or control who (and which AI agents) hold credentials and standing access to their apps and systems
What they do
Password, secrets and access management for businesses, developers and AI agents
Traction $500M+ ARR (from $400M Nov 2025), double-digit FCF margin, 200,000+ business customers
Hiring trend
- Open roles
- 90
- Ops roles
- 4
- Headcount
- ~1,500 (company); ~3,150 on LinkedIn
Headcount ~1,400 (Nov 2025) → 1,500+ (Jun 2026, company); LinkedIn ~3,150 (+17% YoY); 111 postings added in 30 days, Sep 2026 spike
Hiring in
- Austin
- New York
- London
- Remote (US)
- Remote (Canada)
Glassdoor
3.4 ★ 378 reviews ↗Funding
- Last round
- $620M
- Stage
- Series C (profitable, late-stage)
- Date
- Jan 2022
Led by ICONIQ Growth (Accel led A and B)
- Hiring+290 open roles on the live job board (30+ roles = +2)
- Funding recency0Series C (profitable, late-stage) · $620M, Jan 2022 (57 months ago): over 24 months = 0
- Traction+1.5Strong growth: $500M+ ARR (from $400M Nov 2025), double-digit FCF margin, 200,000+ business customers
- Red flags0Watch-outs noted below, none scored as a significant flag
- Total3.52 + 0 + 1.5 − 0 = 3.5 → Tempo (3.5–4.24)
Distance (Marathon) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Marathon · edge: hard to leave
A leading business password manager at real scale ($500M+ ARR, 200,000+ businesses, 90%+ gross retention, improving net retention) with a sticky company vault, now adding privileged access, SaaS management and agent credentials; Okta, CyberArk and Microsoft crowd the wider identity market it is moving into.
Sources: Business Wire: 1Password surpasses $500M ARR, 90%+ gross retention (Oct 2026) ↗ · SecurityWeek: 1Password acquires Apono in reported $250M-$300M deal (Jun 2026) ↗
Watch-outs
Watch (not scored): a company-wide layoff in Mar 2025 (employee reports on Glassdoor and RepVue; size never disclosed) after an Oct 2024 restructuring, and C-suite turnover in 2025 (CEO Jeff Shiner to executive chair Jul, CTO and CRO left Sep), since replaced by a new team. Headcount has grown since (~1,400 to 1,500+). Glassdoor 3.4 with Sep-Oct 2026 reviews citing leadership and culture decline and IPO pressure. Sep 2026 customer backlash over a $300K Omarchy (DHH) sponsorship. No primary round since Jan 2022; Oct 2025 $100M founder/employee secondary held the $6.8B valuation flat (no discount). Security: 2023 Okta-related intrusion (no user data accessed, >24 mo) and recurring phishing campaigns aimed at users; no breach of customer vaults found.
Sources: Glassdoor: 1Password 'layoff' reviews (Mar 2025 company-wide layoff) ↗ · RepVue review: 'affected by a company-wide layoff' (Mar 2025) ↗ · The Logic: 1Password CRO steps down in third recent executive departure (Sep 2025) ↗ · BetaKit: $400M ARR, new executive team after shakeup (Nov 2025) ↗ · Glassdoor: 1Password reviews, 3.4 (378 reviews, Oct 2026) ↗ · BetaKit: $100M secondary at flat $6.8B valuation (Oct 2025) ↗ · 1Password: Okta Support System incident, no user data accessed (Oct 2023) ↗
Last checked Oct 25, 2026