Okta, Inc. creates an integrated system or cloud-based platform that securely connects any person via any device to the technologies they need to do their work. Its platform provides universal directory, single sign-on, automatic authentication, provisioning, centralized control of people and groups, adaptive multi-factor authentication, policy framework, mobility management, Okta application network, reporting, and policy engine solutions.

Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2009
Size (employees)
1,037 (est)+4%
Okta was founded in 2009 and is headquartered in San Francisco, US

Key People at Okta

Todd McKinnon

Todd McKinnon

CEO & Co-Founder
Bill Losch

Bill Losch

Chief Financial Officer
Frederic Kerrest

Frederic Kerrest

COO & Co-Founder
Eric Berg

Eric Berg

Vice President, Products
Perry Germain

Perry Germain

Vice President, Sales
Hector Aguilar

Hector Aguilar

Vice President, Engineering
David Baker

David Baker

Chief Security Officer
Arun Shrestha

Arun Shrestha

Vice President, Customer Success

Okta Office Locations

Okta has offices in San Francisco, Bellevue, Amsterdam, London and in 14 other locations
San Francisco, US
Washington, US
Atlanta, US
San Jose, US
Austin, US
Raleigh, US
New York, US
Houston, US
Los Angeles, US
Chicago, US
Phoenix, US
Dallas, US
Seattle, US
North Sydney, AU
Toronto, CA
London, GB
Amsterdam, NL
Bellevue, US

Okta Metrics

Okta Summary

* Source: https://techcrunch.com/2016/11/25/sal...
We estimate that Okta's latest funding round in September 2015 was $75 m. In total, Okta has raised $229.3 m. We estimate that Okta's latest valuation is $1.2 b.

Okta Financials

We estimate that Okta's revenue is $85.9 m in FY, 2016 which is a 109.5% increase from the previous period.
FY, 2015FY, 2016

Revenue

$41 m$85.9 m

Revenue growth, %

110%

Cost of goods sold

$18.7 m$36 m

Gross profit

$22.3 m$49.9 m

Gross profit Margin, %

54.3%58.1%

Sales and marketing expense

$49.1 m$77.9 m

R&D expense

$18.4 m$28.8 m

General and administrative expense

$19.2 m$13.6 m

Operating expense total

$86.7 m$120.3 m

EBIT

($58.8 m)($76 m)

EBIT margin, %

(143.3%)(88.5%)

Interest expense

$199 k$19 k

Pre tax profit

($59 m)($76 m)

Net Income

($59.1 m)($76.3 m)

Okta Operating Metrics

We estimate that Okta had 2.2 k Customers in FY, 2016
FY, 2015FY, 2016Oct, 2016

Customers

1.3 k2.2 k2.9 k

Calculated Billings

68.1 m118 m

Users

40 m

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StormpathMarch 06, 2017

Okta Revenue Breakdown

Okta Online Presence

Okta News

Okta Company Life

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