Auth0 — Funding & Company Data
Financial overview and investor data for Auth0.
Founded
2013
Stage
Acquired
Total Raised
$332.28M
HQ
Bellevue, Washington, United States
Team
501-1000
Model
freemium | usage-based | sales-led
Acquired
Auth0 was acquired by Okta, Inc. on May 3, 2021 .
Analyst Take
Auth0's funding history demonstrates a classic, high-growth venture-backed trajectory. The company consistently attracted top-tier investors at each stage, starting with a modest $2.4M seed round and culminating in a $120M Series F that valued the company at nearly $2 billion. This consistent access to capital from respected firms like Bessemer Venture Partners, Sapphire Ventures, and Salesforce Ventures signals strong market confidence in Auth0's technology and business model throughout its private life.
The progression of funding rounds allowed Auth0 to aggressively scale its go-to-market strategy and expand globally, establishing offices in key international markets. The capital was crucial for competing in the crowded Identity-as-a-Service (IDaaS) market. The investor quality is high, comprising a mix of traditional VCs known for deep enterprise software expertise and strategic corporate investors like Salesforce Ventures and Telstra Ventures, which provided both capital and potential ecosystem advantages.
Ultimately, this robust funding journey made Auth0 a highly attractive acquisition target. The $6.5 billion acquisition by Okta in 2021 was a significant premium on its last private valuation, reflecting its strategic importance in the developer-centric identity space. For users, the acquisition by a market leader like Okta solidifies Auth0's position and largely eliminates concerns about financial runway or longevity that might exist with a standalone private company.
Stability
Auth0's stability is very high. As an independent business unit within Okta, a publicly-traded leader in identity management, it has immense financial and operational backing, ensuring its longevity and continued development.
Growth
Post-acquisition, Auth0's growth is integrated into Okta's broader strategy. The platform continues to be supported and invested in, focusing on the developer and customer identity use cases, which complements Okta's traditional strength in workforce identity.
For Buyers
For a potential buyer, committing to Auth0 is a low-risk decision from a stability standpoint. The tool is backed by a market leader, mitigating the risk of the service disappearing. The primary consideration is how Auth0 fits within the broader Okta product ecosystem and pricing structure over the long term.
Funding Timeline
Investors: Salesforce Ventures, DTCP, Bessemer Venture Partners, Sapphire Ventures, Meritech Capital, World Innovation Lab, Trinity Ventures, Telstra Ventures, K9 Ventures
Valuation: $1.92B
Investors: Sapphire Ventures, Bessemer Venture Partners, K9 Ventures, Trinity Ventures, Meritech Capital, World Innovation Lab
Valuation: $1B
Investors: Sapphire Ventures, World Innovation Lab, Bessemer Venture Partners, Trinity Ventures, Meritech Capital, K9 Ventures
Investors: Meritech Capital Partners, Bessemer Venture Partners, Trinity Ventures, K9 Ventures, NTT DOCOMO Ventures, Telstra Ventures
Investors: Trinity Ventures, Bessemer Venture Partners, K9 Ventures, Silicon Valley Bank
Investors: Bessemer Venture Partners, K9 Ventures
Investors: Bessemer Venture Partners, K9 Ventures, Portland Seed Fund, NXTP Labs
Notable Investors
Sources
- ssojet.com (vertexaisearch.cloud.google.com)
- auth0.com (vertexaisearch.cloud.google.com)
- workos.com (vertexaisearch.cloud.google.com)
- getlatka.com (vertexaisearch.cloud.google.com)
- zuplo.com (vertexaisearch.cloud.google.com)
- stigg.io (vertexaisearch.cloud.google.com)
- logto.io (vertexaisearch.cloud.google.com)
- tracxn.com (vertexaisearch.cloud.google.com)