1Password funding rounds & valuation history
1Password, the Toronto password-manager and identity-security company. Funding from the Series A (Nov 2019) to the Series C (Jan 2022) plus later status rows, sourced to 1Password, 1Password (PR Newswire), TechCrunch, BetaKit, Kirkland & Ellis and Bloomberg.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Tender |
Secondary share sale (Halo Fund)Existing shares (founders and employees); no new money to 1Password. Not counted in total raised and not a new last-closed valuation. Halo Fund’s $75M is the largest disclosed slice (CEO to BetaKit; Bloomberg headline). Kirkland dates the Halo investment 9 Oct 2025. |
$100M (secondary) |
Halo Fund (Ryan Smith, Ryan Sweeney)With: Flume Ventures |
$6.8B (maintained)Secondary price: CEO David Faugno told BetaKit the sale maintained the 2022 $6.8B valuation; not a new primary round |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series C |
$620M |
ICONIQ GrowthWith: Tiger Global, Lightspeed Venture Partners, Accel, Backbone Angels and others |
$6.8BValuation stated by 1Password3.40× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series B |
$100M |
Accel |
$2BValuation stated by 1Password |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series AFirst outside funding after 14 years of bootstrapped, profitable growth. |
$200M |
Accel |
Not disclosedNot stated in figures; 1Password later said the Series B valuation was “double what it was the last round” |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: 1Password, 1Password (PR Newswire), TechCrunch, BetaKit. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 14 Nov 2019 · Closed
Series A: $200M led by Accel.
- 27 Jul 2021 · Closed
Series B: $100M at $2B led by Accel.
- 12 Jan 2022 · Closed
Series C: $620M at $6.8B led by ICONIQ Growth.
- 9 Oct 2025 · Tender
Secondary share sale (Halo Fund): $100M (secondary) at $6.8B (maintained).
Cite this dataset
Free to quote with a link back. Copy this citation:
1Password Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/1password/
Download the data
The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
1password-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/1password-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Tender
A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
A figure for the Series A valuation (1Password only said the Series B valuation was double it); acquisitions made by 1Password (Kolide, Trelica, Apono and others). The Oct 2025 $100M secondary is a Status/tender row, not a closed primary round.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 4, not yet published).
Sources
- 1Password: Bringing human-centric security to everyone, 12 Jan 2022
- 1Password (PR Newswire): 1Password closes $620M at $6.8B valuation to bring human-centric security to all, 12 Jan 2022
- 1Password: Investing in our future (again!), 27 Jul 2021
- TechCrunch: Accel doubles down on 1Password, which just raised $100M more at a $2B valuation, 27 Jul 2021
- 1Password: 1Password partners with Accel for continued growth, 14 Nov 2019
- TechCrunch: Fourteen years after launching, 1Password takes a $200M Series A, 14 Nov 2019
- BetaKit: 1Password holds $100 million secondary sale, inks deal to deepen AI focus, 10 Oct 2025
- Kirkland & Ellis: Kirkland Represents Halo Fund on Investment in 1Password, 9 Oct 2025
- Bloomberg: 1Password Founders Sell Utah Jazz Owner Ryan Smith’s VC Fund a $75 Million Stake, 9 Oct 2025