Technology Company

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Okta

Okta is a San Francisco-based company founded in 2009. It provides access and identity management solutions for businesses. Okta has secured $229.25 million in...

Okta

Okta is a San Francisco-based company founded in 2009. It provides access and identity management solutions for businesses. Okta has secured $229.25 million in total funding.

General information

Firm type

Technology Company

Year founded

2009

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Additional offices

Bellevue, WA, United States · London, United Kingdom · Sydney, Australia · Tokyo, Japan

Principals

Todd McKinnon

CEO and Co-Founder

Frederic Kerrest

Executive Vice Chairman and Co-Founder

Brett Tighe

CFO

Sector focus

CybersecurityEnterprise SoftwareIdentity Management

Frequently asked questions

Who runs investment decisions at Okta?

As a publicly traded company, Okta's investment decisions are made by its executive team, led by CEO and co-founder Todd McKinnon. The CFO, Brett Tighe, manages capital allocation and M&A. Okta's board oversees strategic transactions.

How does Okta source proprietary deal flow?

Okta's M&A team proactively identifies technology gaps in identity security, lifecycle management, and developer tools. The company acquired Auth0 in 2021 for $6.5 billion to enter customer-facing identity, and Spera Security in 2025 for identity posture management. Okta also runs a venture arm, Okta Ventures, to invest in early-stage identity and security startups.

Is Okta structured as a single family office or does it operate more like a venture firm?

Okta is a publicly traded technology company (NASDAQ: OKTA), not an investment vehicle. It operates as an enterprise software vendor providing identity management services.

Does Okta participate in fund commitments or only direct deals?

Okta invests through direct acquisitions and corporate venture capital. Okta Ventures makes equity investments in startups. The company does not act as a limited partner in external funds.

What investment stages does Okta typically target?

Okta targets later-stage acquisitions of technology companies with proven revenue models (e.g., Auth0 at $6.5 billion) and earlier-stage strategic tools (e.g., Spera Security). Okta Ventures invests at Series A through C stages.

Which sectors does Okta explicitly avoid?

Okta focuses exclusively on identity and security software. It does not invest in non-cybersecurity sectors such as healthcare, fintech, or hardware.

How is Okta related to its parent or related vehicles?

Okta is an independent public company with no parent. It operates Okta Ventures as a wholly owned corporate venture arm, investing in identity and security startups.

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