Bitwarden

Santa Barbara, United States Founded: 2015 • Age: 11 yrs
Cloud-enabled password manager is provided for encrypted storage across devices.
Annual revenue - Latest available
Total funding $100.0M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Bitwarden

Bitwarden is a company based in Santa Barbara (United States) founded in 2015 by Kyle Spearrin. Bitwarden has raised $100 million across 2 funding rounds from investors including PSG Equity and Battery Ventures. Bitwarden has completed 1 acquisition, including Bitwarden Passwordless.dev. Bitwarden operates in a competitive market with competitors including 1Password, Dashlane, LastPass, Keeper Security and Passbolt, among others.

  • Headquarter Santa Barbara, United States
  • Founders Kyle Spearrin
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $100 M (USD)

    in 2 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Sep 06, 2022

  • Investors
    PSG Equity

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Bitwarden

Headcount 50-200
Employee Profiles 107
Employee Profiles
People
Sean Byrne
Enterprise Account Executive - Strategic Accounts
People
Kelly Holmes
Director Of Sales - North America
People
Alec Missel
Enterprise Account Executive
People
Stephen Morrison
Chief Financial Officer

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Funding Insights of Bitwarden

Bitwarden has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bitwarden

Bitwarden has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PSG Equity and Battery Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Capital and operational support are provided to growth-stage software companies.
Locked Locked Locked
Investments in technology companies are conducted globally by Battery Ventures.
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Investor details for Bitwarden

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Bitwarden

Bitwarden has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bitwarden Passwordless.dev.

Investments
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Investment portfolio details for Bitwarden

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Open-source passwordless authentication solutions are provided to developers.
Locked Locked 2020 Locked
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Complete acquisition details for Bitwarden

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Bitwarden

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Detailed financials for Bitwarden

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Bitwarden Comparisons

Bitwarden Primary company
Description
Cloud-enabled password manager is provided for encrypted sto...
Location
Santa Barbara, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bitwarden

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Competitors of Bitwarden

Bitwarden operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 1Password, Dashlane, LastPass, Keeper Security and Passbolt, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud based platform for remote access software
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Provider of password management and credential security solutions
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Cloud-based password management and secure data storage are provided.
Locked Locked Locked
Web-based password manager solutions are developed for secure password handling.
Locked Locked Locked
Open-source password manager for secure team collaboration is provided.
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Detailed competitors of Bitwarden

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Latest news on Bitwarden

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Complete news archive for Bitwarden

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  • Source and publication date
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Frequently Asked Questions about Bitwarden

Bitwarden was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Bitwarden is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.

Bitwarden is a funded company, having raised a total of $100M across 2 funding rounds to date.

Bitwarden was founded in 2015 in Santa Barbara, United States, and operates in the cybersecurity sector. A password management tool is offered, where passwords are encrypted using AES-256 and stored in the cloud for access across websites and devices. Data sharing is enabled, and the open-source software is available on iOS and Android platforms under a freemium pricing model.

Bitwarden's top competitors include 1Password, Dashlane and Passbolt.

Bitwarden has made 1 acquisition, including Bitwarden Passwordless.dev.

Bitwarden has 2 investors. Key investors include PSG Equity, and Battery Ventures.

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