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Cybersecurity startup 1password, by ryan reynolds, matthew mcconaughey and scarlett johansson, has topped more than $400 million in annual recurring revenue, the company said Other investors include actor justin timberlake, comedian trevor noah, crowdstrike ceo george kurtz and investment firm iconiq, according to pitchbook. November 6, 2025 9:00am eastern standard time 1password surpasses $400m arr and expands executive team to advance the next era in identity security michael hughes joins as president and john torrey joins as chief business officer to drive global growth as 1password becomes the trust layer for human and ai identities toronto — 1password, a leader in identity security, today announced strong.
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From 14 years of bootstrapping to $400m arr and the road to $1b growth faugno says 1password could surpass $1 billion in arr within the next several years, riding a wave of new cybersecurity challenges driven by ai and the growing need for identity and access protection. To date, 1password has raised about $950 million and is valued at $6.8 billion, according to pitchbook data “this is a pivotal time for 1password as we build the leadership team that will take us through our next stage of growth,” said david faugno, ceo of 1password
“michael and john have each scaled transformative companies that redefined their industries and share our belief that identity security should empower businesses, not slow them down.
He's helped gemini meaningfully since then but also kept posting inflammatory statements that angered colleagues and prompted google to censor him [image] samantha subin / cnbc 1password ceo david faugno says the company has crossed $400m in arr, up from $250m in 2023, as it benefits from a shift in the threat landscape due to ai The company also appointed michael hughes.
Faugno joined 1password in 2023 as president and operating chief
