Okta

Tel Aviv, Israel Founded: 2022 • Age: 4 yrs Acquired By Okta
Okta is recognized for providing identity security and access management solutions.
Annual revenue - Latest available
Total funding $10.0M 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Okta

Okta is a company based in Tel Aviv (Israel) founded in 2022 by Ariel Kadyshevitch and Dor Fledel was acquired by Okta in December 2023. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Okta has raised $10 million across 1 funding round from investors including Zscaler, Google and Okta. Okta offers products and services including Identity Security Posture Management, Okta Platform, and Auth0 Platform. Okta operates in a competitive market with competitors including BitGo, Riskified, Signifyd, Yoti and LifeLock, among others.

  • Headquarter Tel Aviv, Israel
  • Founders Ariel Kadyshevitch, Dor Fledel
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Okta, Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Seed

    Mar 29, 2023

  • Investors
    Zscaler

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Okta

    (Dec 20, 2023)

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Products & Services of Okta

Okta offers a comprehensive portfolio of products and services, including Identity Security Posture Management, Okta Platform, and Auth0 Platform.

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Primary

Identity risks are managed with continuous security analysis.

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Secure access is provided for all identity types.

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Customer identity solutions are delivered with enterprise security.

People of Okta

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Dor Fledel
Co-founder & CEO
People
Tsuri May
Product Designer & UX UI Designer
People
Roy Oz
Head Of Solutions Engineering
People
Eilon Bachar
Product Manager

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Funding Insights of Okta

Okta has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in March 2023. 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 Okta

Okta has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Zscaler, Google and Okta.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
YL Ventures is engaged in funding and supporting cybersecurity startups.
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A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
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AI and cloud-based platforms are utilized for cybersecurity solutions.
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Investor details for Okta

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Investments & Acquisitions by Okta

Investments
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Investment portfolio details for Okta

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  • Transaction dates
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Financial Statements - Okta

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Detailed financials for Okta

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  • Profit trends
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Okta Comparisons

Okta Primary company
Description
Okta is recognized for providing identity security and acces...
Location
Tel Aviv, Israel
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Okta

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Competitors of Okta

Okta 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 BitGo, Riskified, Signifyd, Yoti and LifeLock, among others.

Company Name Domain Founded year HQ Location Description
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Crypto-based custody, trading, and lending services are provided to institutions.
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AI-based fraud prevention for e-commerce payments is provided.
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Provider of fraud prevention and payment validation for online retailers
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Identity verification solutions are provided for multiple industries digitally.
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Identity theft is protected and prevented through cyber monitoring services.
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Cloud-based fraud prevention solutions are provided for businesses.
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Detailed competitors of Okta

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Latest news on Okta

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Complete news archive for Okta

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Okta

Okta was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Okta is headquartered in Tel Aviv, Israel.

Dor Fledel is the current CEO of Okta. They have also founded this company.

Okta is a funded company, having raised a total of $10M across 1 funding round to date.

Okta is established as a leader in identity security and access management, offering platforms like Okta and Auth0 to secure all types of identities, including human and non-human, across various industries such as public sector, financial services, and healthcare. Comprehensive solutions are provided for workforce and customer identity management, ensuring secure and seamless access. Identity Security Posture Management is utilized to continuously monitor and remediate risks, while integrations with third-party products like Azure Active Directory and AWS are supported to enhance security coverage.

Okta's top competitors include Riskified, Yoti and BitGo.

Okta offers Identity Security Posture Management, Okta Platform, and Auth0 Platform.

Okta has 7 investors. Key investors include Zscaler, Google, Okta, Akamai, and Palo Alto Networks.

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