AgileBits, the parent company who owns the 1Password product, just announced a $620 million round of funding in January 2022, the largest funding round ever for a Canadian company (move over, Shopify). That company is Shopify, now one of the foundational companies in e-commerce and valued at over $100 billion.ġPassword feels like the cybersecurity version of Shopify. Tell me if you've heard this story before: a little Canadian company builds a solid product that's profitable from day one, grows a large and passionate community of users, explodes onto the scene with large funding rounds, then dominates an industry.
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