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
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
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.
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.
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.
VNDLY’s cloud-native workforce management platform helps companies source, hire, and manage their external workforces, while simplifying implementation, integration, and change management.
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.
Openpath creates smart, customizable mobile access control systems. By combining enterprise cloud-based software and sleek hardware that is encrypted at every level, Openpath enables a secure, frictionless solution that prioritizes the user experience.
Frequently Asked Questions
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.
Okta provides early stage venture capital. We are open to participate in convertible debt or equity priced rounds.
- 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.
No, we exclusively co-invest alongside other lead investors.
We invest from pre-product to Series B.
Okta has reserves for follow-on investments.
Okta Ventures utilizes $50M earmarked off the company's balance sheet. Okta Ventures does not have any outside limited partners.
We target investments from $200,000-$1,000,000.
Yes.
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.
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.
Okta does not currently have plans to take board seats.
We are interested in companies that touch upon identity, privacy, and user-centric security.
Yes.
See submission form on this website.
We target approximately 10 startup investments per year.
Yes, feel free to click through the companies’ career pages to learn more.
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.