Tech Company Financing Transactions

1Password Funding Round

1Password, operating out of Toronto ON, secured $620 million in funding from ICONIQ Capital, Accel Partners and BackBone Ventures.

Transaction Overview

Company Name
Announced On
1/27/2022
Transaction Type
Venture Equity
Amount
$620,000,000
Round
Series C
Investors

ICONIQ Capital (Lead Investor)

Accel Partners (Arun Mathew)

BackBone Ventures

private investors (George Kurtz)

private investors (Jeffrey Weiner)

private investors (Justin Timberlake)

private investors (Mary Barry)

private investors (Robert Downey Jr.)

private investors (Ryan Reynolds)

Lightspeed Venture Partners

Tiger Global Management

Proceeds Purpose
1Password will use its newly raised funds to drive continued growth; the company said it plans to triple its engineering and customer support teams, to build out its business-focused Events API functionality that provides visibility into successful and failed sign-in attempts, and to finance more acquisitions.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
49 Spadina Ave. 303
Toronto ON, M5V2J1
Canada
Phone
Undisclosed
Email Address
Overview
1Password remembers your passwords for you -- and helps you make them stronger. All your secrets are secure and always available, safe behind the one password that only you know.
Profile
1Password LinkedIn Company Profile
Social Media
1Password Company Twitter Account
Company News
1Password News
Facebook
1Password on Facebook
YouTube
1Password on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeffrey Shiner
  Jeffrey Shiner LinkedIn Profile  Jeffrey Shiner Twitter Account  Jeffrey Shiner News  Jeffrey Shiner on Facebook
Chief Operating Officer
Matthew Davey
  Matthew Davey LinkedIn Profile  Matthew Davey Twitter Account  Matthew Davey News  Matthew Davey on Facebook
Founder
Roustem Karimov
  Roustem Karimov LinkedIn Profile  Roustem Karimov Twitter Account  Roustem Karimov News  Roustem Karimov on Facebook
Founder
David Teare
  David Teare LinkedIn Profile  David Teare Twitter Account  David Teare News  David Teare on Facebook
VP - Engineering
Michael Fey
  Michael Fey LinkedIn Profile  Michael Fey Twitter Account  Michael Fey News  Michael Fey on Facebook
VP - Engineering
Rick Fillion
  Rick Fillion LinkedIn Profile  Rick Fillion Twitter Account  Rick Fillion News  Rick Fillion on Facebook


 

 

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Prev: 1/27/2022: Spekit venture capital transaction
Next: 1/27/2022: Clockwise venture capital transaction

 

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