1Password in a few pages, for writers, partners and anyone curious: the facts, the people, the money, the products and the news. Put together by ToolGPA, not by 1Password.
1Password is made by 1Password, a privately held, venture-backed company headquartered in Toronto. It earns money from subscriptions sold to individuals, families and businesses, and says it has more than 200,000 business customers and $400 million in annual recurring revenue.
Founded
2005
Based in
Headquartered in Toronto
Chief executive
David Faugno
Valuation
$6.8 billion
Team
1,400+ people
Latest round
Series C, $620 million
Unofficial. Put together by ToolGPA from 1Password’s own pages, news reports and our own grades, read Oct 18, 2026. Not made, paid for or approved by 1Password. toolgpa.com
Part 01 · Company
The company
Who they are, the facts in one place, and the people who run it
2005
The year 1Password was founded, in Headquartered in Toronto
In a sentence
1Password is made by 1Password, a privately held, venture-backed company headquartered in Toronto. It earns money from subscriptions sold to individuals, families and businesses, and says it has more than 200,000 business customers and $400 million in annual recurring revenue.
In a paragraph
1Password was founded in 2005 and is based in Headquartered in Toronto, Canada, with a remote-first workforce across five countries. David Faugno is its CEO; Sara Teare is a co-founder. 1,400+ global employees, with the workforce distributed across 5 countries. Its last reported valuation was $6.8 billion, in January 2022.
Free to quote. Please link to toolgpa.com so readers can check the facts.
Fact sheet
Company
1Password
Founded
2005
Based in
Headquartered in Toronto, Canada, with a remote-first workforce across five countries
Team
1,400+ global employees, with the workforce distributed across 5 countries
Last valuation
$6.8 billion (January 2022)
Website
1password.com
Products we list
1Password
Ownership: Privately held
Privately held and venture-backed. Its own company page lists Accel partner Arun Mathew and ICONIQ partner Will Griffith on the board alongside founder Sara Teare and executive chairman Jeff Shiner.
Leadership
DF
David Faugno
CEO
ST
Sara Teare
Founder
JS
Jeff Shiner
Executive Chairman of the Board
MH
Michael Hughes
President
Hiring
75 open positions: 33 in go-to-market, 18 in technology, 7 in product, 5 in general and administrative, 4 in marketing, 4 at Apono and 4 internships.
Affiliate program
Affiliates get $2 for each completed signup and 25% of the first year's or month's payment, with a $2 minimum. Sign-up runs through a Commission Junction account and an application to the program.
Part 02 · Funding
The money
Every announced round, who put money in, and what it was last valued at
$6.8B
Last reported valuation, January 2022
TechCrunch reported a $200 million Series A led by Accel in November 2019, the company's first outside money after fourteen years, and $100 million more in July 2021, again led by Accel, at a $2 billion valuation. VentureBeat and CNBC reported a $620 million Series C led by ICONIQ Growth in January 2022.
Announced rounds, oldest first. Bar heights are to scale.
Every announced round
Jan 19, 2022Series C$620 millionLed by ICONIQ Growth. With Tiger Global, Lightspeed Venture Partners, Backbone Angels, Accel. venturebeat.com
Jul 27, 2021Series B$100 millionLed by Accel. With Sound Ventures, Skip Capital. techcrunch.com
Nov 14, 2019Series A$200 millionLed by Accel. techcrunch.com
Investors named
Accel
ICONIQ Growth
Backbone Angels
Lightspeed Venture Partners
Skip Capital
Sound Ventures
Tiger Global
Filled: led at least one round. As each announcement names them.
Last valuation
$6.8 billion
January 2022
CNBC and VentureBeat reported the $6.8 billion valuation when they covered the $620 million Series C on 19 January 2022. No later figure is stated on the company's own pages.
What they make
1Password, as ToolGPA grades it: five subjects, a letter for each, and a GPA.
1Password
Password manager for individuals, families and businesses
Password ManagersFrom $3.99 per month, billed annually4.7 on the App Store
2.8GPA
Best for families and teams who share logins. It fills your logins on every device, keeps your passkeys, and makes sharing the wifi password with family painless.
CValue
CFree
BFeatures
BEase
APlatforms
What reviewers praise: Commenters point to features beyond storing logins, such as a command-line tool, shared vaults with per-person access, item sharing and integrations with other tools. Commenters who keep their passkeys in it say sign-in has become easier and that the passkeys are available on each of their devices.
1Password’s grade as a badge for its own site, free: it updates itself and links to the review. Code at toolgpa.com/badges.
Part 04 · News
News and contacts
What they have announced lately, and every official channel
This media kit is ToolGPA’s own summary of what 1Password’s pages, news reports, investors’ announcements and public filings said on the dates shown, with our own grades. It is not made, paid for or approved by 1Password, and 1Password’s names and logos are trademarks of their owner. Grades are our judgement under the rules at toolgpa.com/grades. ToolGPA uses affiliate links and may earn a commission from them, and it works with sponsors; no one can pay for a grade. Product pictures are 1Password’s own, from its website and app-store listings.
