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Fund profile

Okta Ventures

Okta Ventures

San Francisco, USA

Not leading

About

Okta Ventures is the corporate venture capital arm of Okta, Inc. — the Nasdaq-listed identity and access management leader — launched in 2019 and based in San Francisco, California. The unit exists to extend the Okta platform by backing the next generation of identity, privacy, and security startups and to deepen the Okta Integration Network ecosystem. The fund was launched with an initial commitment of approximately $50 million and has since scaled across three successive vintages. Okta Ventures does not lead rounds; it participates alongside specialist lead investors. The fund targets companies that address modern identity, privacy, or security use cases; founders seeking long-term integration partnerships with Okta; startups with demonstrated product-market fit; and early-stage rounds that already have a confirmed institutional lead. Checks typically run $250,000 to $2 million with a sweet spot around $400,000. Across 57 disclosed investments, managed by Managing Director Austin Arensberg, portfolio companies include DataGrail, a data privacy and compliance platform for GDPR and CCPA; Ockam, which provides data-in-motion encryption and mutual authentication; Trusted Key, a passwordless authentication company; MIND, which received a Series A in June 2025; and Sapiom, a financial-software identity company that received the most recent disclosed investment in February 2026. Okta Ventures benefits from a structural referral engine: the Okta Integration Network connects more than 7,000 applications, giving the corporate venturing team early visibility into security and identity startups before they appear on the broader market's radar. Portfolio companies also gain direct access to Okta's enterprise customer base as a commercial channel.

Details

Average check

$100K-$500K
$500K-$1M
$1M-$3M

Round

Seed
Series A
Series B

Previous Investments

AI & Deep TechData & AnalyticsFintech & Financial servicesSaaSSecurity & PrivacySoftware & Apps

Geo focus

USAEuropeIsrael

Highlights

$400k

Historical average check

$2M

Historical max check

February 2026

Last investment date

57

Investments

Security & Privacy

SaaS

Software & Apps

Data & Analytics

AI & Deep Tech

Fintech & Financial services

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Contacts

Website

okta.comcompany/okta-ventures/

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