OKTA VENTURES

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

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

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

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

Love our customers.

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

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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

Portfolio Companies

"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

"Consumers expect transparency and control. Modern businesses require a unified consumer identity to build customer trust. In the age of privacy, our mission with Okta Ventures is to continue to meet expectations where they matter most. DataGrail has thrived through a collaborative partnership and a shared vision."

- Daniel Barber, CEO of Datagrail

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?

Yes.

How can I submit my startup for review?

See submission form on this website.

How many investments do you anticipate to make?

We target approximately 10 startup investments per year.

Are Okta portfolio companies hiring?

Yes, feel free to click through the companies’ career pages to learn more.

What is Okta Ventures stance on investing in diverse teams and founders?

Okta Ventures reviews all relevant investment proposals (see application form on this page). Okta Ventures encourages underrepresented founders to submit information on their business and encourages its portfolio companies to hire diverse teams.