Okta Ventures

Okta Ventures is the strategic corporate venture arm of Okta, Inc., a leading independent identity provider. Established in 2020, the fund was created to invest in and foster innovation within the broader identity, security, and privacy ecosystem. Its core mission is to support the next generation of companies building solutions that align with Okta's strategic vision, particularly those leveraging or complementing Okta's platform and expertise. The fund primarily targets early-stage companies, typically participating in Seed, Series A, and Series B rounds, though it maintains flexibility for later-stage opportunities that present significant strategic value.

The investment strategy of Okta Ventures is deeply rooted in identifying and nurturing startups that are shaping the future of digital identity, access management, cybersecurity, and data privacy. Key areas of interest include developer tools, API-first security solutions, identity-centric infrastructure, and technologies that enhance the future of work. Beyond capital, Okta Ventures provides portfolio companies with invaluable strategic guidance, access to Okta's extensive customer base, technical expertise, and go-to-market support. This enables startups to accelerate their product development, expand their market reach, and integrate with a leading enterprise identity platform.

As of early 2024, Okta Ventures has made over 35 investments, demonstrating its active commitment to the space. Notable companies in its portfolio include Veza, a leader in authorization and access governance, and Common Room, a community engagement platform. While specific check sizes can vary based on the stage and strategic importance of the investment, Okta Ventures typically deploys capital ranging from $500,000 for seed-stage participation to $5,000,000 for more substantial early-growth rounds, often co-investing alongside traditional venture capital firms. This strategic approach allows Okta to maintain a pulse on emerging technologies and potential partnerships, reinforcing its position at the forefront of the identity landscape.