More than 75% of the company's revenue now comes from businesses, as organizations adopt 1Password to unify identity, access, and governance across SaaS, devices, and AI agents. 1Password's Agentic AI capabilities extend identity security to AI agents and other non-human identities. The CEO told CNBC that 1Password is weighing a possible IPO in 2026 or 2027.
Cyborg Score Rationale
1Password hit $400M ARR in October 2025, up from $331M in 2024, demonstrating strong 20.8% YoY growth. The company has 180,000 business customers with gross retention above 90%, and remains free cash-flow positive. Market positioning is fortified by serving more than 30% of the Fortune 100 and over two-thirds of the Forbes AI 50.
Top Insights
1Password is expanding its partner ecosystem with Microsoft, AWS, CrowdStrike, Zscaler, and distributors like Ingram Micro, TD SYNNEX, Pax8, and Westcon
Recent launches include Secure Agentic Autofill with Browserbase for safe AI agent credential access, Perplexity Comet browser support, and Secrets Syncing with AWS Secrets Manager
In October 2025, 1Password founders completed a $100M secondary, including a $75M stake purchased by the Halo Fund
1Password secures more than 1.3 billion human and machine credentials and supports over 1 million developers worldwide
Named Competitors
LastPass — Password manager for businesses and consumers
Dashlane — Password management with both paid and freemium tiers
Bitwarden — Open-source password manager for business and personal use
iCloud Keychain — Built-in password management for Apple devices
Google Password Manager — Integrated password management for Google ecosystem
Recent Developments
(October 2025) Founders completed $100M secondary funding round with Halo Fund purchasing $75M stake
(November 2025) Surpassed $400M ARR milestone and appointed Michael Hughes as President and John Torrey as Chief Business Officer
(January 2026) Partnership announced with Cursor for secure AI coding secrets
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