In an era where digital interactions and online security are paramount, the management of identities and access to information has become not just a necessity, but a critical component of the modern business landscape. The year 2023 witnessed a remarkable surge in the importance of identity management, as organizations worldwide scrambled to fortify their digital perimeters against an ever-evolving array of cyber threats.
This article unveils the top 15 Identity Management companies of 2023, offering a comprehensive overview of the industry's leading players and their significant impact on the global digital ecosystem. These companies have not only demonstrated exceptional revenue growth, but they have also pioneered innovative solutions in the field of identity management, setting new standards for security, privacy, and user experience.
As businesses continue their digital transformation journeys, the ability to safeguard sensitive information, streamline user access, and maintain compliance with data protection regulations has become a mission-critical imperative. The companies featured in this list have risen to the occasion, providing cutting-edge technologies and services that empower organizations to navigate the complex landscape of identity and access management with confidence.
1. Okta ($1.9B)
Okta, the premier independent identity provider, offers the Okta Identity Cloud, facilitating secure connections between individuals and technologies when needed. Boasting over 7,000 pre-built integrations with various applications and infrastructure providers, Okta ensures straightforward and safe access for people and organizations worldwide, empowering them to excel with confidence. Trusted by over 10,000 organizations, including industry leaders like JetBlue, Nordstrom, Siemens, Slack, T-Mobile, Takeda, Teach for America, and Twilio, Okta plays a vital role in safeguarding the identities of their employees and customers.
2. ForgeRock ($0.24B)
ForgeRock®, recognized as a frontrunner in digital identity solutions, offers modern and extensive Identity and Access Management solutions. These solutions cater to consumers, employees, and interconnected devices, facilitating simple and secure access to the digital realm. Trusted by over a thousand global customer organizations, ForgeRock enables the orchestration, management, and security of identity lifecycles. This encompasses dynamic access controls, governance, APIs, and the storage of authoritative data, all adaptable to any cloud or hybrid environment.
3. RSA Security ($740M)
RSA offers identity-first solutions tailored for security-first organizations transitioning from on-premises to the cloud or adopting hybrid environments. These solutions encompass modern authentication, lifecycle management, and identity governance, facilitating success in a digital world.
4. SailPoint ($600M)
Established in 2005, SailPoint embarked on a mission to introduce innovative solutions aimed at tackling the ever-evolving security landscape. Their unwavering passion and dedication to resolving customers' most pressing security and identity challenges continue to serve as guiding principles to this day.
5. Ping Identity ($500M)
Identity is central to every exceptional digital experience and crucial for digital transformation. Recognizing the importance of unique identity needs, this company provides the tools to ensure users have the right access at the right times, regardless of how they connect.
6. Delinea ($300M)
Delinea stands out as a prominent provider of Privileged Access Management (PAM) solutions tailored for the modern, hybrid enterprise. Their Delinea Platform seamlessly extends PAM capabilities by offering authorization for all identities, effectively managing access to an organization's vital hybrid cloud infrastructure and sensitive data. This comprehensive approach aids in reducing risk, ensuring compliance, and streamlining security protocols. Delinea excels in simplifying access boundaries for a diverse clientele, spanning from small businesses to global financial institutions, intelligence agencies, and critical infrastructure companies worldwide.
7. Alloy ($150M)
Alloy, the premier end-to-end identity risk management platform, is tailored for financial product providers. From onboarding to account initiation, Alloy offers banks and fintechs a versatile, scalable solution for identity risk management across the customer journey. With customizable tools for fraud, credit, and compliance risk, expert guidance, and an expansive network of data partners, Alloy empowers companies to offer exceptional financial services worldwide. Trusted by nearly 500 firms, Alloy ensures robust control over fraud, credit, and compliance risk, enabling growth with unparalleled customer insights.
8. Onfido ($140M)
Onfido simplifies digital identity verification, streamlining access to services through its Real Identity Platform. This platform enables businesses to customize verification methods, effortlessly adapting to user and market demands with a no-code, orchestration layer. By seamlessly integrating document and biometric verifications, trusted data sources, and passive fraud signals, companies can meet their specific risk, regulatory, and friction requirements. Onfido Atlas™ AI, developed in-house over a decade, powers the platform's fully automated, end-to-end identity verification, ensuring fairness, speed, and precision in analysis.
8. Keyfactor ($100M)
Keyfactor delivers digital trust in the hyper-connected world through identity-first security for both machines and humans. By streamlining PKI, automating certificate lifecycle management, and securing every device, workload, and object, Keyfactor enables organizations to quickly establish and maintain digital trust at scale. In a zero-trust environment, where every machine requires an identity and every identity must be managed, Keyfactor stands as a vital solution.
10. JumpCloud ($76.6M)
JumpCloud redefines the traditional on-prem directory with a cloud-based platform that secures identities, manages devices, and ensures safe access to all IT resources. Supporting Windows, Mac, and Linux environments, JumpCloud provides comprehensive security and management for both on-premises and cloud-based systems.
11. Semperis ($75.5M)
Recognized as cybersecurity frontrunners and Active Directory (AD) specialists, Semperis emphasizes the critical role of identity-first security in achieving operational resilience. With over 90% of enterprise organizations relying on AD security, Semperis is entrusted by numerous leading businesses worldwide to safeguard AD and Azure AD from increasing cyber threats.
12. SecureAuth Corporation ($60M)
SecureAuth is a next-generation access management and authentication company that delivers secure, passwordless, and continuous authentication experiences for employees, partners, and customers. It stands out with its unique capability to be deployed in cloud, hybrid, and on-premises environments. SecureAuth efficiently manages and protects access to applications, systems, and data on a global scale.
13. OneLogin ($50M)
OneLogin by One Identity leads in Identity and Access Management, offering the Trusted Experience Platform™ for securing your workforce, customers, and partners affordably. Based in Aliso Viejo, OneLogin serves 5,500+ global customers, including Airbus, Stitch Fix, and AAA.
14. Trulioo ($16.9M)
Trulioo offers a global identity platform designed to provide users with the agility, simplicity, and effectiveness necessary to onboard the appropriate customers worldwide. Their solution aims to reduce costs and combat fraud efficiently.
15. My1Login ($1.7M)
Founded in 2007, My1Login is a leading Identity Management provider, offering Identity & Access Management (IAM) solutions that protect enterprises against cybersecurity threats.
