Okta at a glance
As of- [1] Market cap: stockanalysis.com, September 4, 2026
- [2] Revenue: stockanalysis.com, January 31, 2026
- [3] Founded: Wikipedia (retrieved September 5, 2026)
- [4] Headquarters: Wikipedia (retrieved September 5, 2026)
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Company Snapshot
Okta is a cybersecurity company, based in San Francisco, California, USA, founded 2009 by Todd McKinnon, Frederic Kerrest.
Recent changes
- Sep 4, 2026Sep 4, 2026First reported market cap: $29.82B stockanalysis.com
- Aug 27, 2026Aug 27, 2026CrowdStrike, Okta Post Best Days Ever on AI Demand Pulse story
- Jul 30, 2026Jul 30, 2026Okta Buys AI Identity Security Startup Permiso for ~$200M Pulse story
- Jan 31, 2026Jan 31, 2026First reported revenue: $2.92B stockanalysis.com
How Okta has been funded
It was venture-backed through a long run of preferred rounds, including a $75.0 million Series E in May 2014 at $7.91 per share.[1] A further $75.0 million Series F followed between July and September 2015 at $12.02 per share.[1] Before its IPO, Sequoia-affiliated entities owned 21.2% of the shares, Andreessen Horowitz 19.6%, Greylock 16.9% and Khosla 8.1%.[1] Okta sold 11 million Class A shares in its April 2017 IPO.[1],[3] On October 22, 2026, Nasdaq data put its market value at $35.19 billion.[4] Okta invests in startups through Okta Ventures, which joined Accel's $15 million seed round in Sapiom in 2026.[5],[4] In August 2026 it completed the acquisition of AI identity security startup Permiso Security.[2] Okta did not disclose terms, but TechCrunch reported, citing a source, that the deal was valued at just under $200 million.[6]
Investors
Latest Pulse
- Sep 21, 2026CrowdStrike, Okta Trade Rich On An Unproven AI PayoffCrowdStrike and Okta shares trade at premium multiples on the bet that AI-agent security spending will justify them, with the S&P Kensho cybersecurity index up 41% this year versus 11% for the S&P 500.→
- Aug 27, 2026CrowdStrike, Okta Post Best Days Ever on AI DemandCrowdStrike and Okta both surged on quarterly earnings beats and raised guidance, with executives citing accelerating AI-driven security threats as a demand driver for both companies' platforms.→
- Aug 3, 2026AI Infrastructure's Real Exit Ramp Is M&A, Not IPOsThree separate deals in the past week -- Nscale buying Anyscale, Okta buying Permiso, and IonQ closing on SkyWater -- show strategic acquisitions, not public listings, are becoming AI infrastructure's dominant exit path this cycle.→
- Jul 30, 2026Okta Buys AI Identity Security Startup Permiso for ~$200MOkta agreed to acquire AI identity security startup Permiso for roughly $200 million in an almost all-cash deal, aiming to extend threat detection to autonomous AI agents and other non-human identities.→
Coverage Timeline
newest first- Sep 21, 2026BIG TECHCrowdStrike, Okta Trade Rich On An Unproven AI Payoff→
- Aug 27, 2026IPOCrowdStrike, Okta Post Best Days Ever on AI Demand→
- Aug 3, 2026FUNDINGAI Infrastructure's Real Exit Ramp Is M&A, Not IPOs→
- Jul 30, 2026FUNDINGOkta Buys AI Identity Security Startup Permiso for ~$200M~$200M acquisition→
All Coverage
BIG TECH
CrowdStrike, Okta Trade Rich On An Unproven AI Payoff
CrowdStrike and Okta shares trade at premium multiples on the bet that AI-agent security spending will justify them, with the S&P Kensho cybersecurity index up 41% this year versus 11% for the S&P 500.
DEEP DIVE
CrowdStrike, Okta Post Best Days Ever on AI Demand
IPO
CrowdStrike, Okta Post Best Days Ever on AI Demand
CrowdStrike and Okta both surged on quarterly earnings beats and raised guidance, with executives citing accelerating AI-driven security threats as a demand driver for both companies' platforms.
DEEP DIVE
AI Infrastructure's Real Exit Ramp Is M&A, Not IPOs
FUNDING
AI Infrastructure's Real Exit Ramp Is M&A, Not IPOs
Three separate deals in the past week -- Nscale buying Anyscale, Okta buying Permiso, and IonQ closing on SkyWater -- show strategic acquisitions, not public listings, are becoming AI infrastructure's dominant exit path this cycle.
Okta Buys AI Identity Security Startup Permiso for ~$200M
FUNDING~$200M acquisition
Okta Buys AI Identity Security Startup Permiso for ~$200M
Okta agreed to acquire AI identity security startup Permiso for roughly $200 million in an almost all-cash deal, aiming to extend threat detection to autonomous AI agents and other non-human identities.
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Okta FAQ
What is Okta's market cap?
On October 22, 2026, Nasdaq data put its market value at $35.19 billion.[4]
How much revenue does Okta make?
In the quarter ended July 31, 2026, total revenue was $805 million, up 11%.[3],[4],[1]
What is Okta's revenue?
Okta's most recent revenue figure is $2.92B, reported by stockanalysis.com, January 2026.
When was Okta founded and where is it based?
Okta was founded in 2009 and is headquartered in San Francisco, California, USA, according to Wikipedia.
References
researched 2026-10-24Sources & methodologyshow
Where these figures come from
- stockanalysis.comresearch database2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.