The problem
Large enterprises must let employees, customers and now AI agents sign in securely without friction or fraud
What they do
Enterprise identity security: single sign-on, access management, MFA and identity verification
Traction ARR approaching ~$1B (2025 reports); over half the Fortune 100 as customers
Hiring trend
- Open roles
- 65
- Ops roles
- 4
- Headcount
- ~2,500
Flat: ~2,526 staff, +1.4% YoY (Revelio); repeated restructuring layoffs 2023–2025; postings +60% in 2026
Hiring in
- USA - Austin
- USA - Denver
- Sydney
- Remote (US)
- Remote (UK)
Glassdoor
3.7 ★ 684 reviews ↗Funding
- Last round
- $2.8B take-private (PE; no VC credit)
- Stage
- PE-owned (Thoma Bravo take-private)
- Date
- Oct 2022
Led by Thoma Bravo
- Hiring+265 open roles on the live job board (30+ roles = +2)
- Funding recency0PE-owned (Thoma Bravo take-private) · $2.8B take-private (PE; no VC credit), Oct 2022 (48 months ago): over 24 months = 0
- Traction+0.75Some growth: ARR approaching ~$1B (2025 reports); over half the Fortune 100 as customers
- Red flags−11 significant flag in the last 24 months, −1 eachSep–Oct 2025: another restructuring round cut customer success, partner and other roles (employees describe it as the third since the Thoma Bravo buyout); Denver HQ footprint cut ~39% in May 2026.LinkedIn: ex-employee on Ping restructuring, 'third round of layoffs since Thoma Bravo' (Sep 2025) ↗ · LinkedIn: role and team eliminated in Ping restructuring (Sep 2025) ↗ · BusinessDen: Ping cuts downtown Denver HQ footprint in renewal (May 2026) ↗
- Total1.752 + 0 + 0.75 − 1 = 1.75 → Steady (1.5–3.49)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
A top-three enterprise access-management vendor after absorbing ForgeRock, deeply embedded at large enterprises; trails Okta and Microsoft, and a $1.8B debt load after the 2025 dividend recap limits room to invest.
Sources: Thoma Bravo: how Ping became the access-management leader after ForgeRock (Jun 2025) ↗ · Biometric Update: Thoma Bravo refinancing and $1.12B dividend (Oct 2025) ↗
Watch-outs
Sep–Oct 2025: another restructuring round cut customer success, partner and other roles (employees describe it as the third since the Thoma Bravo buyout); Denver HQ footprint cut ~39% in May 2026.
Sources: LinkedIn: ex-employee on Ping restructuring, 'third round of layoffs since Thoma Bravo' (Sep 2025) ↗ · LinkedIn: role and team eliminated in Ping restructuring (Sep 2025) ↗ · BusinessDen: Ping cuts downtown Denver HQ footprint in renewal (May 2026) ↗
Last checked Oct 25, 2026