About
Okta builds cloud identity and access management platforms for workforce, customer, developer, and non-human identities, selling to organizations of all sizes. Its differentiation is a neutral, extensible identity layer combining Okta’s enterprise-grade reliability and security with Auth0’s developer-friendly flexibility.
Market
Okta competes in the enterprise identity and access management (IAM) and identity-security market, positioning its Identity Cloud as a broad platform for securing workforce, customer, partner, and increasingly AI-agent identities. It differentiates through enterprise scale, a large integration and partner ecosystem, workflow automation, identity-threat and posture capabilities, and newer AI-security and identity-verification offerings.
Okta primarily serves large enterprises and other organizations with complex identity needs, including many Fortune 100 companies. Its principal buyers and users are IT, identity, security, and compliance teams that need scalable access management, automation, threat protection, and identity verification.
At a Glance
Problem
Organizations must give employees, contractors, partners, customers, and increasingly machines secure access to many applications and services without creating a maze of passwords, permissions, and disconnected identity systems. That fragmentation creates security exposure, fraud risk, password fatigue, and administrative overhead; authentication can reduce fraud, while single sign-on reduces password creation and reuse. The central use case is giving the right person or entity the right access at the right time while keeping access manageable and auditable.
Product / Service
Okta delivers cloud-based identity and access management through the Okta and Auth0 platforms. For workforce identity, its service combines single sign-on, adaptive multi-factor authentication, lifecycle management, identity governance, and related controls in one identity-security layer. For customer identity, Auth0 supports secure authentication and access for applications and digital experiences. Okta's pre-built integrations connect these controls to thousands of applications and infrastructure providers, allowing organizations to standardize access without building and maintaining every integration themselves.
Market
Okta competes in identity and access management, particularly the cloud-delivered Identity-as-a-Service category, spanning workforce identity, customer identity, access management, authentication, governance, and lifecycle automation. Its competitive set includes Microsoft Entra ID, Ping Identity, SailPoint, Saviynt, JumpCloud, OneLogin, ForgeRock, and other enterprise security and identity platforms.
Okta is a mature, commercial company rather than a pre-revenue startup. More than 19,300 organizations use it, and its platform has more than 7,000 pre-built integrations. In the fourth quarter of fiscal 2026, Okta reported $761 million in total revenue, up 11% year over year, demonstrating substantial scale and continued growth.
Founders & Leadership
Funding History
Andreessen Horowitz
Sequoia Capital
Sequoia Capital
Sequoia Capital
Recent News
Okta announced an agreement to acquire Permiso Security, a cloud-native identity security platform. The deal is intended to expand Okta’s capabilities in identity threat detection and response and extend its reach into security operations.
Okta announced new capabilities within Okta for AI Agents, including Agent Gateway and agent-to-agent connections, to secure AI agents as they connect to enterprise tools and participate in multi-agent workflows.
Okta announced its second-quarter fiscal 2026 financial results and outlook. The reported outlook included total revenue of approximately $2.875 billion to $2.885 billion and non-GAAP operating income of $730 million to $740 million.
Okta announced an expansion of its Cross App Access ecosystem to help customers manage AI-agent-to-application and application-to-application connections securely. The announcement broadens Okta’s integration and partner ecosystem for agentic workflows.
Okta announced that it was named a Leader in the 2026 Forrester Wave for Workforce Identity Security Platforms. The company received the highest possible score in nine criteria, including Vision, Roadmap, and Identity Security Posture Management.
Okta Ventures published its third annual Identity 25 report, spotlighting 25 leaders and innovators shaping identity security in the AI era.
Okta for AI Agents became generally available, giving customers a framework to discover AI agents, assess their risks, assign owners, enforce access policies, and govern agent identities.
Okta introduced a blueprint for securing the agentic enterprise and extended its integration catalog with dedicated support for AI-agent platforms including Boomi, DataRobot, and Google Vertex AI.
Okta announced new identity-security capabilities for the AI-driven enterprise, including Okta for AI Agents, Cross App Access, and expanded privileged-access protections. Cross App Access standardizes how AI agents and applications connect securely.
Okta announced its agreement to acquire Axiom Security and integrate its technology into Okta Privileged Access. The deal adds broader controls and connectors for sensitive infrastructure, including databases and Kubernetes.
Active Roles
313Business Model
Okta primarily earns recurring subscription revenue from cloud identity software. Workforce suites are sold per user per month and billed annually, while Customer Identity starts with an annually billed $3,000-per-month Enterprise base and usage-based add-ons; fiscal 2026 subscription revenue was $2.855 billion.
Products
Customers
Tech Stack
Similar Companies
Competitors
Key Investors
Greylock Partners, Andreessen Horowitz, Sequoia Capital, Altimeter Capital, Khosla Ventures