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Okta Reviews

San Francisco, California

4.0/ 5

1 review

Okta, Inc., originally incorporated as SaaSure Inc., is a leading American identity and access management (IAM) company. Founded in January 2009 by former Salesforce executives Todd McKinnon and Frederic Kerrest, the company is headquartered in San Francisco, California. Okta has established itself as an independent identity partner operating globally across 15 countries. It transitioned to a public corporation in April 2017 with an initial public offering on the Nasdaq stock exchange, where it trades under the ticker symbol OKTA. The company provides a comprehensive suite of cloud-based digital infrastructure tools designed to secure identity authentication, authorization, and automation. Its central architectural framework, the Okta Identity Cloud, offers an independent identity fabric delivering tailored solutions across two core segments: Workforce Identity and Customer Identity. Its workforce solutions allow enterprises, government entities, universities, and non-profits to securely connect employees, contractors, and partners to necessary cloud and on-premises resources. Conversely, its customer identity solutions—greatly expanded via the $6.5 billion acquisition of the Auth0 platform in May 2021—enable developers and business organizations to embed secure, customizable login, verification, and access controls into their native applications, websites, and digital interfaces. Okta’s software ecosystem includes critical products such as Single Sign-On (SSO), Adaptive Multi-Factor Authentication (MFA), Universal Directory, Lifecycle Management, API Access Management, Access Gateway, and Okta Identity Governance. The platform offers more than 7,000 pre-built integrations, facilitating cross-functional access to third-party software applications such as Gmail, Slack, Workday, and Salesforce. As technological infrastructure advances, Okta has continuously integrated capabilities focused on securing automated agentic AI workflows and managing complex identity security postures against advanced threats. Financially, Okta operates primarily on a subscription-based recurring revenue model driven by steady enterprise retention. For the fiscal year ending January 31, 2026, the company reported a consolidated revenue from operations of $2.92 billion, achieving an operating margin of approximately 5.1% to 5.7% and a gross margin of 77.4%. By the trailing twelve months concluding in early 2026, its annualized revenue run rate reached approximately $3 billion, supporting total assets estimated at $9.71 billion and total equity of $6.99 billion. Okta's global workforce comprises approximately 6,366 to 7,525 employees. Under the ongoing leadership of Chairperson and Chief Executive Officer Todd McKinnon, the organization continues to scale its market share within the cybersecurity software sector through strategic technology acquisitions—including identity-centric privileged access management provider Axiom Security in 2025 and security firm Spera in 2023—and via capital allocations handled by its corporate venture capital arm, Okta Ventures.