Okta Ventures is a $50 million corporate venture capital fund established in 2019, investing in early-stage identity, security, and privacy startups to extend the Okta platform and foster innovation in the identity ecosystem. Beyond capital, it offers portfolio companies access to Okta's APIs, engineering expertise, and go-to-market support.
39% of their portfolio is in Cybersecurity. Deal activity increased 150% year-over-year (5 deals in the last 12 months). Average disclosed round size is $49.3M (across 27 rounds with reported amounts).
Portfolio
33
Fund Size
—
Top Stage
Series A
Last 12 Mo
5
Team
AA
Austin Arensberg
Vice President
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
33 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Variance | Series A | $21.5M | Apr 2026 |
 Sapiom | Seed | $15M | Feb 2026 |
 Command Zero | Unknown | $10M | Jul 2025 |
 MIND | Series A | $30M | Jun 2025 |
 Cerby | Series B | $40M | May 2025 |
 Every | Series A | $22.5M | Sep 2024 |
 k-ID | Series A | $45M | Jun 2024 |
| Cerby | Series A | $17M | Aug 2023 |
| GGranica | Series B | $45M | Jun 2023 |
 Pangea Cyber | Series B | $26M | Nov 2022 |
 SURF Security | Seed | — | Nov 2022 |
 Dig Security | Series A | $34M | Sep 2022 |
 Oyster | Series C | $150M | Apr 2022 |
 Kandji | Series C | $100M | Nov 2021 |
 Crosschq | Series A | — | Nov 2021 |
 Crossbeam | Series C | $76M | Oct 2021 |
 Adaptive Shield | Series A | $30M | Oct 2021 |
 Drata | Series A | $25M | Jun 2021 |
| PPipe | Growth | $250M | May 2021 |
| Kandji | Series B | $60M | Apr 2021 |
| PPipe | Growth | $150M | Mar 2021 |
 DataGrail | Series B | $30M | Mar 2021 |
| PPipe | Growth | $50M | Mar 2021 |
| Crossbeam | Series B | $25M | Aug 2020 |
 Openpath | Series B | $36M | Jul 2020 |
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Top Co-Investors
Hubspot Ventures6 shared
Y Combinator5 shared
The Slack Fund5 shared
Salesforce5 shared
Felicis Ventures5 shared
Andreessen Horowitz3 shared
Shopify3 shared
Seven Seven Six3 shared
Redpoint Ventures3 shared
Greycroft3 shared
Greenspring Associates2 shared
MSD Partners2 shared
11.2 Capital2 shared
Mango Capital2 shared
Crosspoint Capital Partners2 shared
YL Ventures2 shared
DTCP2 shared
Two Sigma Ventures2 shared
Operator Collective2 shared
First Round Capital2 shared
Last updated: 16 April 2026