Skip to main content

Okta

Category: AI in Cybersecurity

Okta is the leading independent identity and access management platform, providing cloud-based solutions for workforce and customer identity, now extending to AI agent identity security. Okta was founded in 2009. The company is led by Todd McKinnon. Based in San Francisco, California. Team size: 5000+. Total funding raised: $230M. Latest round: IPO. Key investors include Sequoia Capital; Andreessen Horowitz; Greylock Partners; Khosla Ventures; Tenaya Capital; Sapphire Ventures.

Founded
2009
Headquarters
San Francisco, California
Team size
5000+
Total funding
$230M

Value proposition

Secure every identity — human, machine, and AI agent — with a neutral, extensible identity security fabric that provides single sign-on, adaptive MFA, lifecycle management, and identity threat detection across any cloud or on-prem environment.

Products and solutions

Okta Identity Cloud (Single Sign-On, Adaptive MFA, Universal Directory, API Access Management); Okta for AI Agents (new); Auth0 (Customer Identity & Access Management); Okta Identity Governance (Lifecycle Management, Identity Governance); Okta Privileged Access; Identity Threat Protection; Identity Security Posture Management; Okta Integration Network (7,000+ integrations)

Unique value

Neutral, independent identity platform (not tied to any single cloud provider) with the broadest integration ecosystem (7,000+ pre-built integrations), serving as the identity layer across any application, device, or user type including emerging AI agent identities.

Target customer

Enterprises (two-thirds of Fortune 100), mid-market companies, government agencies, and developers needing customer identity (CIAM) solutions.

Industries served

Public Sector, Financial Services, Healthcare, Manufacturing, Retail, Travel & Hospitality, Technology, Non-Profit, Energy

Technology advantage

Cloud-native Identity-as-a-Service (IDaaS) pioneer; 7,000+ integrations in Okta Integration Network; AI agent identity lifecycle management; Auth0 developer CIAM platform; built on AWS infrastructure; FastPass passwordless authentication; identity threat detection with machine learning.

How they differentiate

Okta is cloud-native, vendor-neutral, and platform-agnostic — unlike Microsoft Entra ID which is tied to the Microsoft ecosystem. Okta offers the broadest pre-built integration network (7,000+) and is the only major independent identity platform not owned by a cloud hyperscaler. The Auth0 acquisition gives Okta a strong developer-focused CIAM offering that competitors lack.

Main competitors

Microsoft Entra ID (formerly Azure AD); Ping Identity (including ForgeRock); CyberArk Identity; JumpCloud

Key partnerships

AWS (strategic integration partner); Google Cloud; Microsoft Azure; CrowdStrike; Zscaler; Cisco/Duo; Salesforce; ServiceNow; Workday; Slack

Notable customers

Two-thirds of Fortune 100; Box; McLaren Racing; Wyndham Hotels & Resorts; 1Password; Cloudflare; MGM Resorts; Caesars Entertainment

Major milestones

2009: Founded by Todd McKinnon and Frederic Kerrest; 2010: Series A from Andreessen Horowitz; 2015: Unicorn status ($1.2B valuation); 2017: IPO on Nasdaq (OKTA); 2021: Acquired Auth0 for $6.5B; 2021: Acquired atSpoke for $90M; 2023: Acquired Spera for ~$100-130M; 2025: Acquired Axiom Security; 2026: Launched Okta for AI Agents (GA April 30, 2026)

Growth metrics

Revenue FY2026: $2.92B; Net Income FY2026: $235M; Market Cap: ~$13-14B (April 2026); 6,366 employees (Jan 2026); Two-thirds of Fortune 100 as customers

Market positioning

Market leader in identity and access management (IAM). Gartner Magic Quadrant Leader for Access Management. Two-thirds of Fortune 100 are customers. Public company (NASDAQ: OKTA) with $2.26B+ annual revenue and ~$13-14B market cap.

Geographic focus

Global (headquarters in San Francisco, US; offices worldwide including Australia, Brazil, Canada, France, Germany, Japan, Korea, Mexico, Netherlands, Singapore, Spain, Sweden, UK)

About Todd McKinnon

Ex-Senior Vice President of Engineering at Salesforce; previously at PeopleSoft. California Polytechnic State University graduate.

Official website: