Password manager 1Password, which counts Ryan Reynolds among its high-profile backers and collaborators, surpassed $400 million in annual recurring revenue, signaling robust enterprise and consumer adoption amid intensifying cybersecurity concerns. The milestone suggests continued growth for the Canadian company following its previous expansions into secrets management and passwordless initiatives. For Reynolds, whose portfolio spans Mint Mobile and other consumer brands, the ARR figure reinforces the strategic value of associating with trusted infrastructure software as digital risk rises. Analysts note that security vendors are benefiting from compliance requirements and zero-trust trends, while consumer awareness of credential hygiene continues to improve. The company did not disclose profitability, but the revenue scale indicates strong retention and upsell dynamics.
Ryan Reynolds-backed 1Password tops $400 million in ARR
