![]() ![]() ![]() From a humble passion project started by two families in a garage to the world’s most beloved identity and access manager today, 1Password’s dazzling ascent to category leadership has been characterized by nonstop innovation fueled by genuine customer compassion.Īlready trusted by millions of consumers, 1Password has also become increasingly mission-critical for businesses. We instantly became enamored with Jeff, the business’ exceptional self-funded journey, and the team’s product vision for the future. When we first met Jeff Shiner, co-founder and CEO of 1Password, the company was in no hurry to take on external funding, having grown profitably and successfully as a bootstrapped business for nearly 14 years from inception. We are honored to partner with Jeff, Dave, Natalia, Roustem, and Sara - 1Password’s visionary founders - and the entire 1Password team as they relentlessly work to transform how solo users, extended families, agile teams, and multinational enterprises secure their critical infrastructure, protect identities, and streamline access management. ICONIQ Growth is thrilled to support 1Password’s bold vision by leading their $620 million Series C financing, the largest in Canadian history. With our workflows increasingly migrating to the cloud, we believe the company is boldly defining this visionary approach to human-centric security, disrupting today’s environment of confusing, complex and siloed authentication methods with a comprehensive identity and access management platform. The product nurtures habits that strengthen companies’ security postures from within and allows everyone to work productively, leveraging myriad tools, confident that their private data remains protected. Over the years, 1Password’s rapid pace of innovation has helped it forge a new category well beyond cross-platform credential management with human-centric security at its crux. As early fans, we were delighted by the product’s ability to reduce friction in our web experiences through a powerful and elegant identity solution that protects our privacy and personal information. Many of us on the ICONIQ team have been fervent users of the platform since its days as “1Passwd” for MacOS. ![]()
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