Total raised
$41.5M
Last: Series C 2024-10
Stage
Series C
Founded
2015
Headcount
39
HQ
Tel Aviv-Yafo
Sector
Cyber Security
About
Secret Double Octopus delivers the industry’s broadest workforce use case coverage for passwordless MFA making SDO a clear leader in phishing-resistance, enabling compliance, and reducing cyber insurance premiums. Its industry-leading platform offers mid-market to Fortune 100 enterprises the ability to progressively move to a higher security, more frictionless authentication — from MFA to end-to-end, unified passwordless authentication.
The company has been designated a Gartner “Cool Vendor,” named “Best-in-Class” passwordless provider by AITE Group and a 2023 SINET16 Innovator.
Funding history · 7 rounds · $41.5M total
2024-10
Series C
Undisclosed
2024-01
Series C
$15.0M
2020-10
Undisclosed
$4.0M
2020-04
Series B
$15.0M
2018-01
Convertible Debt
Undisclosed
2017-01
Series A
$6.0M
2015-05
Seed
$1.5M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Secret Double Octopus founded and what is its primary focus?
- Secret Double Octopus was founded in May 2015 and focuses on providing passwordless authentication solutions for enterprises, specifically for workforce use cases.
- What was Secret Double Octopus's first funding round and who was the lead investor?
- In May 2015, Secret Double Octopus secured a Seed round of $1.5 million, with JVP Cyber Labs as the lead investor.
- What significant partnership did Secret Double Octopus announce in September 2022?
- In September 2022, Secret Double Octopus announced a strategic partnership with PwC India to promote passwordless and desktop MFA for compliance.
- What recognition did Secret Double Octopus receive in September 2023?
- In September 2023, Secret Double Octopus won the 2023 SINET16 Innovator Award for its passwordless authentication technology.
- What was the latest funding round for Secret Double Octopus and when did it occur?
- Secret Double Octopus secured a Series C funding round in October 2024, with SBI JI Innovation Fund as a lead investor.
- What is the total amount of funding Secret Double Octopus has raised to date?
- Secret Double Octopus has raised a total of $41.5 million in funding across all rounds.
- What is the current employee count for Secret Double Octopus?
- Secret Double Octopus currently has 39 employees.
- What product did Secret Double Octopus launch in January 2018?
- In January 2018, Secret Double Octopus launched Octopus Domain Authentication, aimed at eliminating passwords in the workplace.
- What partnership did Secret Double Octopus establish in April 2019?
- In April 2019, Secret Double Octopus partnered with Okta to provide a complete passwordless enterprise solution.
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityIdentity Security
Technologies
Platforms & InterfacesSoftwareMobile
Target customers
EducationEnterprise & Professional ServicesEnterprisesIndustrial ManufacturingFinancial Services
Business model
B2BB2G
Highlights
1 PatentsVerified
Tags
encryptionnetwork-securitydata-protectionauthenticationiotcyber-securityanti-fraudcloud-securitycross-platformmulti-factor-authenticationenterprise-solutionsmobile-applications