Auth0 Acquisition, Valuation, Funding & Investors
Auth0 was acquired by Okta for $6.5B in March 2021, a 8.1x multiple on $800M of revenue.
Auth0 revenue at acquisition
$800M
Last twelve months · Mar 2021
Auth0 revenue multiple at acquisition
8.1x
EV/Revenue · Mar 2021
Cumulative funding Auth0 raised
$332M
across 7 funding rounds
About Auth0
Auth0 is a Bellevue, Washington-headquartered identity management platform enabling secure authentication and authorization for web, mobile, and API applications. Acquired by Okta in 2021, it supports single sign-on across providers like Active Directory, SAML, Google, and Salesforce. Developers integrate it via JavaScript for custom login flows, user management, and anomaly detection on iOS, Android, and Windows platforms.
Founded
2013
HQ
Seattle, WAWebsite
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$200M (Jul 2020)
Valuation
$1.9B (Jul 2020)
Auth0 Acquisition
Auth0 was acquired by Okta for $6.5B on 3 March 2021.
The acquisition price implies a 8.1x revenue multiple on $800M of revenue.
Before the acquisition Auth0 had raised $332M across 7 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 3 Mar 2021 | Strategic M&A | $6.5B | 8.1x |
Auth0 Valuation
Auth0 is currently valued at $1.9B, based on its Series F in July 2020.
The $120M round was led by Salesforce Ventures, with participation from World Innovation Lab, K9 Ventures, Titanium Ventures, Bessemer Venture Partners, Sapphire Ventures and 3 other investors.
Auth0's valuation has grown 3.8x from $500M at its Series D in May 2018 to $1.9B in July 2020, across 3 priced rounds.
Auth0 valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2020 | Series F | $1.9B | 9.6x |
| May 2019 | Series E | $1B | - |
| May 2018 | Series D | $500M | - |
Auth0 Revenue
Auth0's latest recorded revenue is $200M, as of its Series F in July 2020. At a $1.9B valuation, that implies a 9.6x revenue multiple.
Auth0 revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2020 | $200M | $1.9B | 9.6x | Series F |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Auth0 Funding History
Auth0 has raised a total of $332M across 7 funding rounds.
Auth0's first fundraising round was a $2M seed round in September 2014. The most recent completed round was a $120M Series F in July 2020.
Auth0 funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2020 | Series F | Salesforce Ventures (lead); World Innovation Lab; K9 Ventures; Titanium Ventures; Bessemer Venture Partners; Sapphire Ventures; DTCP; Trinity Ventures; Meritech Capital Partners | $120M | $1.9B | Auth0, a Bellevue, Washington-based identity management platform specializing in customer identity and access management (CIAM), raised funding in a Series F round on July 14, 2020, achieving a post-money valuation of $1.92 billion as reported by multiple sources. This valuation more than tripled by the time of its acquisition. Auth0's platform provided modern authentication and authorization solutions, supporting developers with features like single sign-on and anomaly detection, positioning it as a key player in the growing identity market split between workforce and customer identity segments. The company had raised a total of approximately $332.7 million across prior rounds by July 2020. Its customer identity business was noted for rapid growth off a smaller base compared to workforce identity solutions. In March 2021, Okta acquired Auth0 for $6.5 billion, significantly higher than the 2020 valuation, doubling Okta's customer identity revenue to around $400 million upon deal close expected in July 2021. The deal highlighted Auth0's strategic value in expanding identity use cases for developers and end users, amid a total addressable market of $25 billion for customer identity. |
| May 2019 | Series E | Sapphire Ventures (lead); World Innovation Lab; K9 Ventures; Titanium Ventures; Bessemer Venture Partners; Trinity Ventures; Meritech Capital Partners | $103M | $1B | Auth0, a global leader in Identity-as-a-Service (IDaaS), provides a cybersecurity platform for secure authentication, authorization, and management of digital identities across applications, devices, and users. On May 20, 2019, the company closed a $103 million Series E funding round led by Sapphire Ventures, with participation from existing investors including Bessemer Venture Partners, K9 Ventures, Meritech Capital Partners, Trinity Ventures, and World Innovation Lab, bringing total funding to over $210 million. This round propelled Auth0 to unicorn status with a post-money valuation exceeding $1 billion, doubling from its prior $500 million valuation in the 2018 Series D also led by Sapphire Ventures. The funding was intended to fuel Auth0's innovation pipeline, global growth, and expansion into new markets amid strong momentum in the identity management sector. Auth0's platform was highlighted for its scalability, extensibility, and role in preventing data breaches, positioning it as essential for businesses undergoing digital transformation. Sapphire Ventures emphasized Auth0's technology, leadership, and growth as key factors in the investment. Later developments included a $120 million Series F round in July 2020 led by Salesforce Ventures, valuing Auth0 at $1.92 billion, with mentions of 70% growth in 2019 and continued rapid expansion into Q2 2020, but these post-date the queried round. |
| May 2018 | Series D | Sapphire Ventures (lead); World Innovation Lab; K9 Ventures; Bessemer Venture Partners; Trinity Ventures; Meritech Capital Partners | $55M | $500M | Auth0 is a developer-centric identity-as-a-service (IDaaS) platform that provides universal, scalable, and extensible authentication and identity management solutions for enterprises and developers. The company's software allows users to securely log into a wide range of online services, from e-commerce sites to smart home devices to social platforms, and helps companies protect digital identities across their applications. In May 2018, Auth0 closed a $55 million Series D funding round led by Sapphire Ventures, with participation from World Innovation Lab and existing investors Bessemer Venture Partners, Trinity Ventures, Meritech Capital, and K9 Ventures. This round valued the company at $500 million and brought total capital raised to more than $110 million. The funds were designated to continue innovation of the company's Universal Identity Platform, accelerate go-to-market programs, and drive global expansion. Auth0 demonstrated strong early momentum with an expanding customer base that included enterprise clients. The company employed nearly 475 people at the time of its subsequent Series E round in 2019, with 316 of those employees having joined in the preceding two years, indicating rapid growth and scaling. The company maintained offices across multiple continents including Bellevue (headquarters), Buenos Aires, London, Sydney, and Tokyo. By May 2019, just one year after the Series D, Auth0's valuation had doubled to over $1 billion following a $103 million Series E round, also led by Sapphire Ventures. This trajectory reflected exceptional market demand for identity management solutions and validated the company's market positioning and execution. Auth0 would eventually reach a $1.92 billion valuation with its July 2020 Series F round and was later acquired by Okta. |
| Jun 2017 | Series C | Meritech Capital Partners (lead); K9 Ventures; Titanium Ventures; Marcus Bartram; Bessemer Venture Partners; NTT DoCoMo; Trinity Ventures | $30M | - | Auth0, a leading Identity as a Service (IDaaS) platform, provides an enterprise-grade identity solution that secures billions of logins annually for web, mobile, IoT, and internal applications, supporting complex identity management for employees, customers, and partners. On June 27, 2017, the company raised $30 million in a Series C round led by Meritech Capital Partners, with George Bischof joining the board. Existing investors including Bessemer Venture Partners, Trinity Ventures, and K9 Ventures participated, alongside new investors NTT DOCOMO Ventures and Telstra Ventures. The funds were allocated to expand geographic footprint, accelerate subscriber growth, and hire talent. This Series C brought Auth0's total funding to over $54 million at that time. The round highlighted strong market resonance for Auth0's extensible, easy-to-integrate platform, with Meritech noting exponentially expanding subscriber adoption amid rising demand for mission-critical digital identity solutions. Investors like NTT DOCOMO and Telstra endorsed the platform's enterprise-scale capabilities. Auth0 continued aggressive growth post-Series C, announcing a $55 million Series D in May 2018 led by Sapphire Ventures, increasing total funding to over $110 million. That year saw customer base doubling, over 100% revenue growth, 140 new hires, and office openings in London, Sydney, and Tokyo. Subsequent rounds included $103 million Series E in 2019 reaching unicorn status, $120 million Series F in July 2020 valuing the company at $1.92 billion, and acquisition by Okta in March 2021. |
| Aug 2016 | Series B | Trinity Ventures (lead); K9 Ventures; Bessemer Venture Partners; Silicon Valley Bank | $15M | - | Auth0 raised $15 million in its Series B funding round on August 24, 2016, led by Trinity Ventures with participation from Bessemer Venture Partners, K9 Ventures, and Silicon Valley Bank. This brought total funding to $24 million following a $9 million Series A in 2015. The company, based in Bellevue, Washington, provides an identity platform simplifying authentication and login integration for developers via a few lines of code. Auth0 experienced strong growth leading into the round, with revenue increasing five-fold in 2015 and headcount tripling to around 175 employees. The funding aimed to accelerate platform growth, enhance security features like Anomaly Detection, and expand internationally in Europe and Asia. Customers included global leaders such as Dow Jones, CenturyLink, and Telkomsel. |
| Jun 2015 | Series A | Bessemer Venture Partners (lead); K9 Ventures; Kabir Shahani; Silicon Valley Bank; Founders' Co-op | $7M | - | Auth0 is an identity-as-a-service (IDaaS) platform that allows developers to easily implement authentication and authorization for applications across any device, operating system, or software stack. Founded by developers and focused on eliminating complexity in identity management, the company serves both individual developers and enterprise customers. In 2015, Auth0 raised $6.9 million in a Series B round led by Bessemer Venture Partners, with participation from K9 Ventures and other existing investors. This brought the company's total funding to $9.3 million. At the time of this round, Auth0 had achieved significant traction, serving identity verification and logins for more than 20,000 companies across 150 countries and operating with 41 employees. The company employed subscription-based, usage-scaled pricing and was generating measurable monthly recurring revenue from both self-serve and enterprise channels. The company's growth trajectory was notable: after this 2015 Series B, Auth0 continued expanding rapidly, reaching unicorn status with a $1 billion valuation in its Series E round in May 2019. By July 2020, the company achieved a Series F valuation of $1.92 billion after raising an additional $120 million led by Salesforce Ventures. Auth0's marquee customers included Atlassian, AMD, and Autotrader, reflecting broad adoption across Fortune 500 enterprises and innovative technology companies. |
| Sep 2014 | Seed | Bessemer Venture Partners (lead); NXTP Ventures; K9 Ventures; Portland Seed Fund | $2M | - | Auth0 provides identity-as-a-service, enabling developers to integrate secure authentication and authorization into applications without complex coding, akin to Twilio for communications. The company simplifies logins by supporting social identity platforms like Facebook and eliminates the need for new user passwords. In September 2014, Auth0 raised a $2.4 million seed round led by Bessemer Venture Partners, with participation from K9 Ventures, Portland Seed Fund, and NXTP Ventures (also referred to as NXTP Labs). At the time of Bessemer's diligence in early 2014, Auth0 generated $10K monthly recurring revenue ($5K self-serve from 71 customers and $5K enterprise from 4 customers), each growing 15-20% monthly, with projections for $100K MRR by end of 2014 and $500K by end of 2015. Auth0 demonstrated early traction with 75 paying customers and a team of 12, positioning it at the intersection of developer tools and cybersecurity. Bessemer invested $1 million in this seed round, which later contributed to massive returns upon Okta's $6.5 billion acquisition. |
Who has invested in Auth0?
16 investors have backed Auth0 across its funding rounds, including Bessemer Venture Partners, K9 Ventures, Trinity Ventures, Meritech Capital Partners, Sapphire Ventures and World Innovation Lab.
Lead investors include Salesforce Ventures, Sapphire Ventures, Meritech Capital Partners, Trinity Ventures and Bessemer Venture Partners.
Auth0 Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 7 | Participant | Sep 2014 | |
| San Francisco, CA | 7 | Lead | Sep 2014 | |
| San Francisco, CA | 5 | Lead | Aug 2016 | |
| San Francisco, CA | 4 | Lead | Jun 2017 | |
| San Francisco, CA | 3 | Participant | May 2018 | |
| United States | 3 | Participant | Jun 2017 | |
| Austin, TX | 3 | Lead | May 2018 | |
| San Jose, CA | 2 | Participant | Jun 2015 | |
| San Francisco, CA | 1 | Lead | Jul 2020 | |
 Buenos Aires | 1 | Participant | Sep 2014 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Marcus Bartram | San Francisco, CA | 1 | Participant | Jun 2017 |
| Kabir Shahani | United States | 1 | Participant | Jun 2015 |
 Tokyo | 1 | Participant | Jun 2017 | |
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Start Free TrialAcquisitions by Auth0
Auth0 has acquired 1 company to date.
Last acquisition by Auth0 was on March 12th 2020. Auth0 acquired Apility.io for undisclosed valuation.
Latest Acquisitions by Auth0
| Description | Apility.io is a threat intelligence service offering real-time lookups for IP blacklists, email, and domain reputation scoring. It aggregates data from global abuse lists and applies algorithms to detect fraud risks, with customizable thresholds for business needs. Acquired by Auth0 in 2021 and integrated into Auth0 Signals, the Barcelona-headquartered platform delivers millisecond responses via worldwide servers to protect user authentication flows. |
| HQ Country |  |
| HQ City | Tallinn |
| Deal Date | 12 Mar 2020 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Auth0 acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Auth0
Auth0 has invested in 1 company to date.
Latest investment by Auth0 was on June 3rd 2022. Auth0 invested in Dream Business System in their $600K Seed round.
Latest Investments by Auth0
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 3 Jun 2022 |
| Round | Seed |
| Raised | $600K |
| Investors | Zendesk; Stripe; Segment; Mixpanel; Twilio; Amazon Web Services; Notion Capital |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Auth0 investments and their VC round multiples. Start Free Trial | |
Auth0 Competitors
Auth0 competitors include listed companies like CommVault Systems, Qualys and Varonis Systems, and private ones like 1Password, Verkada and Snyk.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Canada | Private | $150M | - | $6.8B | 45.3x | |
| United States | Publicly listed | $1.2B | $84M | $6.2B | 5.0x | |
| United States | Publicly listed | $669M | $236M | $6.2B | 8.1x | |
| San Francisco, CA | Private | - | - | $5.8B | - | |
| Boston, MA | Private | $180M | - | $7.4B | 41.1x | |
| United States | Publicly listed | $624M | ($147M) | $5.5B | 7.5x |
Auth0 Public Comps
Auth0 is no longer listed, but its public comps include CommVault Systems, Qualys, Netskope, Glory View Technology, Varonis Systems, Trend Micro, SentinelOne, BlackBerry, Clear Secure and Tenable.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $84M | 5.2x | 5.0x | 72.9x | 23.2x | |||
| $669M | $236M | 8.7x | 8.1x | 24.5x | 17.6x | |||
| $709M | ($622M) | 9.4x | 8.1x | (10.8x) | (121.6x) | |||
| $176M | $53M | 38.7x | 39.4x | 127.8x | 129.4x | |||
| $624M | ($147M) | 8.5x | 7.5x | (36.0x) | 229.5x | |||
| $1.8B | $488M | 2.2x | 2.1x | 8.0x | 8.1x | |||
| $1B | ($267M) | 7.4x | 6.6x | (27.7x) | 47.1x | |||
| $549M | $83M | 8.3x | 7.8x | 54.9x | 36.6x | |||
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Common questions about Auth0
| When was Auth0 founded? | Auth0 was founded in 2013. |
| Where is Auth0 headquartered? | Auth0 is headquartered in Seattle, WA, United States. |
| Is Auth0 publicly listed? | No, Auth0 was acquired by Okta in March 2021. |
| Who acquired Auth0? | Auth0 was acquired by Okta in March 2021. |
| How much was Auth0 acquired for? | Auth0 was acquired for $6.5B in March 2021, a 8.1x revenue multiple. |
| What is Auth0's valuation? | Auth0 was last valued at $1.9B in its Series F in July 2020. |
| How much funding has Auth0 raised? | Auth0 has raised $332M across 7 funding rounds. |
| What was Auth0's last funding round? | Auth0's last funding round was a $120M Series F in July 2020, led by Salesforce Ventures. |
| Who are Auth0's investors? | Auth0's investors include K9 Ventures, Bessemer Venture Partners, Trinity Ventures, Meritech Capital Partners, World Innovation Lab, Titanium Ventures, Sapphire Ventures, Silicon Valley Bank, Salesforce Ventures, NXTP Ventures and 6 others. |
| What is Auth0's revenue? | Auth0's latest recorded revenue is $200M (July 2020). |
| What is Auth0's revenue multiple? | Auth0's latest valuation implies a 9.6x revenue multiple ($1.9B valuation on $200M of revenue). |
| Which companies are comparable to Auth0? | Companies comparable to Auth0 include 1Password, CommVault Systems, Qualys, Verkada, Snyk and Varonis Systems. |
| How many companies has Auth0 acquired? | Auth0 has acquired 1 company, including Apility.io. |
| How many companies has Auth0 invested in? | Auth0 has invested in 1 company, including Dream Business System. |
| What was Auth0's last investment? | In June 2022, Auth0 invested in Dream Business System's $600K seed round alongside Zendesk, Stripe, Segment and 4 other investors. |
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