AskVantage

1Password

1Password is a cybersecurity company based in Toronto, Canada, founded in 2005. Password and identity security manager for consumers and businesses. It was valued at $6.8bn on 19 January 2022 (Series C ($620m)), which makes it a unicorn in the 311 Unicorn Index.

Part of the 311 Unicorn Index (311institute.com). Last updated .

$6.8bnValuation
19 Jan 2022As of
Toronto, CanadaHeadquarters
2005Founded
CybersecuritySector
Unicorn311 status
Book a Briefing
$6.8bn ยท Series C ($620m)
Source: The Logic / company announcement

About 1Password

Password and identity security manager for consumers and businesses. Lead investors in its latest round: Iconiq Growth. Website: 1password.com.

How this figure is calculated

The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count. This valuation is more than three years old, so it is marked as dated.

Related

Other unicorns in Canada

Questions and answers

How much is 1Password worth?

1Password was valued at $6.8bn on 19 January 2022 (Series C ($620m)), according to the 311 Unicorn Index.

Where is 1Password based?

1Password is headquartered in Toronto, Canada.

When was 1Password founded?

1Password was founded in 2005.

What does 1Password do?

Password and identity security manager for consumers and businesses.

Is 1Password a unicorn?

Yes. 1Password is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.

© 311 Institute 2026. Facts from the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.