VENDOR · US
1Password crosses $500M annual revenue as AI agents accelerate adoption
Password manager and identity platform 1Password hit $500M in annual recurring revenue, driven by enterprise adoption of AI-powered agent workflows and identity verification. Privately held; no new funding disclosed in this update.
WHY IT MATTERS
Identity-plus-AI plays are seeing strong enterprise adoption; 1Password's scale signals confidence in AI agents requiring secure credential management and that identity infrastructure is becoming strategic for generative AI workflows.
Source: WSJ · 2026-10-24