About Stormpath
Stormpath is a company based in San Mateo (United States) founded in 2012 was acquired by Okta in March 2017.. Stormpath has raised $24.7 million across 3 funding rounds from investors including Okta, Scale Venture Partners and NEA. The company has 27 employees as of December 31, 2022. Stormpath operates in a competitive market with competitors including Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others.
- Headquarter San Mateo, United States
- Employees 27 as on 31 Dec, 2022
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Stormpath, Inc
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Funding Insights of Stormpath
Stormpath has successfully raised a total of $24.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in September 2015. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $15.0M
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First Round
First Round
(19 Mar 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Series B - Stormpath | Valuation |
investors |
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| Feb, 2013 | Amount | Series A - Stormpath | Valuation |
investors |
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| Mar, 2012 | Amount | Seed - Stormpath | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Stormpath
Stormpath has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Okta, Scale Venture Partners and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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US focused early-stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Stormpath
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Stormpath
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stormpath Comparisons
Competitors of Stormpath
Stormpath 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 Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based identity management and authentication are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity verification solutions are provided for customers.
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| domain | founded_year | HQ Location |
Secure cloud-based identity management and authentication solutions are offered.
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| domain | founded_year | HQ Location |
User authentication solutions are provided for modern applications.
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| domain | founded_year | HQ Location |
Cloud-based directory management for user and IT authentication is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stormpath
Frequently Asked Questions about Stormpath
When was Stormpath founded?
Stormpath was founded in 2012.
Where is Stormpath located?
Stormpath is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Stormpath a funded company?
Stormpath is a funded company, having raised a total of $24.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 19, 2012.
How many employees does Stormpath have?
As of Dec 31, 2022, the latest employee count at Stormpath is 27.
What does Stormpath do?
Stormpath was founded in 2012 in San Mateo, United States, within the software industry focused on identity management. Solutions for authorization and customer identity are offered through an API that supports web and mobile application development, as well as web services. Key features encompass user registration, password and token-based authentication, password reset, API security, key management, and access control mechanisms. Operations are centered on enabling secure integrations for development teams.
Who are the top competitors of Stormpath?
Stormpath's top competitors include Ping Identity, Okta and ForgeRock.
Who are Stormpath's investors?
Stormpath has 5 investors. Key investors include Okta, Scale Venture Partners, NEA, Pelion Venture Partners, and Flybridge Capital Partners.