# Okta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/okta

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.okta.com
- Total disclosed funding: $228M
- Latest round: Series F (Jul 31, 2015)
- Investors on record: 9

## About

Based in the US, Okta, Inc. specializes in identity management solutions, providing secure access for organizations, employees, and partners through its advanced platforms.Okta, Inc. is a leader in identity management, founded in 2009 in San Francisco, US, by Frederic Kerrest and Thomas Whitelaw. The company had a significant financial milestone in April 2017, raising USD 187 mn in an IPO, which valued it at approximately USD 1.54 billion. The organization has completed nine deals to date.Okta provides a comprehensive identity management platform that facilitates secure and seamless access for organizations and their users, including employees, customers, and business partners. Central to its offerings are the Okta and Auth0 platforms, which deliver solutions for Single Sign-On (SSO), Adaptive Multi-Factor Authentication (MFA), Identity Governance, and Privileged Access Management. These services are designed to meet the diverse needs of various industries, such as public sector, financial services, healthcare, and retail, allowing businesses to authenticate and manage identities across environments, whether on-premises or in the cloud. Okta's products are utilized by a wide range of clients, including well-known names like Wyndham Hotels & Resorts and Hitachi, and address use cases centered on identity lifecycle management, fraud prevention, regulatory compliance, and user experience enhancement. The company markets its solutions globally, with significant penetration in North America, Europe, and Asia-Pacific, catering to both enterprise-level organizations and smaller businesses.Okta's revenue for the most recent year, 2025, reached USD 2.61 bn, with an EBITDA of USD 144 mn. The company's revenue is generated primarily through subscription-based pricing models for its suite of identity management solutions, with clients typically engaging in annual contracts that vary based on the number of users and the level of service required.Following its IPO in April 2017, where Okta raised USD 187 mn, the company plans to utilize these funds to expand its product offerings and market presence. Okta aims to launch new features for its identity management platforms that enhance security measures and improve user experience. Additionally, the company is targeting expansion into new geographic regions, particularly in Europe and Asia, with plans to establish a stronger foothold by 2026.

## Funding rounds

- Series F, Jul 31, 2015, $75M — Hong Shan, Greylock Partners, Khosla Ventures, Andreessen Horowitz, Glynn Capital, Altimeter Capital
- Series E, Jun 9, 2014, $75M — Hong Shan, Greylock Partners, Khosla Ventures, Andreessen Horowitz, Janus Henderson Investors, Altimeter Capital
- Series D, Sep 13, 2013, $27M — Hong Shan, Greylock Partners, Khosla Ventures, Andreessen Horowitz
- Series C, Dec 4, 2012, $25M — Hong Shan, Greylock Partners, Khosla Ventures, Andreessen Horowitz, SV Angel, Floodgate
- Series B, Aug 8, 2011, $16M — Greylock Partners, Khosla Ventures, Andreessen Horowitz, Floodgate
- Series A, Jul 14, 2010, $10M — Andreessen Horowitz, SV Angel, Floodgate

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C, Series D, Series E, Series F
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series C
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A, Series B, Series C
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B, Series C, Series D, Series E, Series F
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series B, Series C, Series D, Series E, Series F
- Hong Shan — Series C, Series D, Series E, Series F
- Janus Henderson Investors — Series E
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series E, Series F
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series F