1Password Raises $620M in Series D

1Password has successfully raised $620M in a Series D at a $6.8B valuation led by Accel, ICONIQ Growth.

Company Overview

1Password is a Cybersecurity company headquartered in Toronto, Canada, founded in 2005 with 800+ employees.

Password manager and secrets management platform

Fundraising Details

• Amount Raised: $620M
• Round Type: Series D
• Valuation: $6.8B
• Date: 2025-10-11
• Investors: Accel, ICONIQ Growth

About 1Password

Password manager and secrets management platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Toronto, Canada
• Founded: 2005
• Team Size: 800+
• Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in 1Password's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. 1Password's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $6.8B valuation marks an important milestone for 1Password, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, 1Password is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-11. For more information about 1Password, visit their headquarters at Toronto, Canada.