oktaventures

Okta Ventures

A $50 million investment fund that will fuel the next generation of modern identity solutions

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As the leading independent provider of identity for the enterprise, Okta is committed to being a catalyst for the industry. With Okta Ventures, Okta is playing a critical role in accelerating innovation throughout the identity ecosystem. We are investing in cutting edge technologies focusing on identity, security, and privacy.

Benefits to partnering with Okta

Leverage unique access to Okta’s extensive APIs, technologies, and engineering expertise

Increase brand awareness with co-marketing opportunities through the Okta Integration Network

Join a mutually-supportive ecosystem driving innovation in the identity space

Gain free access to Okta's Customer and Workforce Identity products for up to one year

Criteria

Identity-Driven - Companies must be focused on modern identity, and be well positioned to address identity, privacy or security use cases
Long-term Partner - Candidates must be eager to collaborate and partner with Okta to solve identity challenges for organizations around the world
Okta Integration Network Contributor - Companies must have the potential to deliver unique value to the Okta's deep network of pre-built integrations
Market Fit - Product must solve a specific problem for customers, and companies will be required to showcase demand and market fit
Raising Funding - Companies must be raising an early stage round with a lead investor

Apply now to be considered for an investment
from Okta Ventures

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Portfolio Companies

Trusted Key is an enterprise solution built to prevent identity fraud, improve security and enhance the consumer experience with password-less authentication and transaction authorization. TrustedKey was acquired by Workday in 2019.

Ockam empowers developers and enterprises to develop trustful IoT systems with easy to use tools, methods, and protocols.

View open roles at Ockam

DataGrail is a data privacy platform that integrates with leading applications and infrastructure solutions to provide its customers with continuous compliance for current and future privacy regulations, such as the GDPR and CCPA.

View open roles at DataGrail

Productiv is the leading enterprise SaaS Management Platform that enables smarter renewal decisions, more intelligent license allocations, and stronger application adoption through automated workflows and deep analytics.

View open roles at Productiv

VNDLY’s cloud-native workforce management platform helps companies source, hire, and manage their external workforces, while simplifying implementation, integration, and change management.

View open roles at VNDLY

Hunters.AI is an autonomous threat hunting solution. By consistently searching for attack techniques it automatically detects missed threats and correlates them across a multitude of surfaces to speed enterprise breach detection & response.

View open roles at Hunters.AI

Since the very earliest days of Ockam, we’ve consistently coalesced a community that shares our vision of a seamless connected world, with trust at the center. Okta shares our belief that integrations and partnerships are essential to building trust across the technology ecosystem and we’re excited to have their support and expertise as we build the next generation of secure identity solutions.
Matthew Gregory, Ockam CEO and Founder

Frequently Asked Questions

Why does Okta Ventures have a fund?

Okta seeks to support the broader ecosystem of identity, privacy, and user centric security startups. Okta Ventures' mission is to extend the Okta platform to help people and companies securely connect to any technology.

What kind of funding does Okta provide?

Okta provides early stage venture capital. We are open to participate in convertible debt or equity priced rounds.

What support does Okta provide in addition to capital?

Leverage unique access to Okta’s extensive APIs, technologies, and engineering expertise.
Increase brand awareness with co-marketing opportunities through the Okta Integration Network.
Join a mutually-supportive ecosystem driving innovation in the identity space.
Participate in specialized bootcamps on product development, engineering, and sales.

Does Okta lead investment rounds?

No, we exclusively co-invest alongside other lead investors.

What stages does Okta invest in?

We invest from pre-product to Series B.

Does Okta participate in follow-on rounds?

Okta has reserves for follow-on investments.

What is the size of Okta’s fund?

Okta Ventures utilizes $50M earmarked off the company's balance sheet. Okta Ventures does not have any outside limited partners.

What is Okta’s typical check size?

We target investments from $200,000-$1,000,000.

Does Okta invest in companies based outside the US?

Yes.

What is Okta’s investment criteria?

We look for companies with the following features:

Identity-Driven - Companies must be focused on modern identity, and be well positioned to address identity, privacy or security use cases.
Long-term Partner - Candidates must be eager to collaborate and partner with Okta to solve identity challenges for organizations around the world.
Okta Integration Network Contributor - Companies must have the potential to deliver unique value to Okta's deep network of pre-built integrations.
Market Fit - Product must solve a specific problem for customers, and companies will be required to showcase demand and market fit.
Raising Funding - Companies must be raising an early stage round with a lead investor confirmed.

What is Okta’s investment process?

We have a standard diligence process that is tailored to the stage/maturity of the company in review. We are also sensitive to founder's need for a fast and efficient diligence process and aim to make decisions as fast as possible.

Does Okta take board seats?

Okta does not currently have plans to take board seats.

What industries does Okta invest in?

We are interested in companies that touch upon identity, privacy, and user-centric security.

Does Okta invest pre-product?