1Password: Company Profile & Valuation

1Password is a password and credential manager built by the Canadian company AgileBits, headquartered in Toronto. It stores passwords, software licenses and other sensitive data in an encrypted vault protected by a master password, with apps across iOS, Android, Windows, Linux and macOS. Founded in 2005, the company has grown from a personal password vault into a platform for enterprise access and device-trust security, now serving over 200,000 businesses, including more than 30% of the Fortune 100.

1Password's password manager now sits alongside newer offerings such as SaaS Manager and Unified Access, which extend governance to AI agents and machine identities across a company's tools. It surpassed $400 million in annual recurring revenue in 2025, when CEO David Faugno said 1Password was weighing a possible IPO in 2026 or 2027.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds 1Password.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. 1Password availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — 1Password included.

Lead investors for each round are in the funding timeline.

The closest cybersecurity / password and identity management peers are on the competitors page.

The routes section explains what is realistically available for a company at this stage.

No. 1Password is a private company; its shares do not trade on a public exchange.

The last valuation is $6.8B.