Company Overview
About Keeper Security
Keeper Security is a Chicago-based enterprise password management and privileged access management (PAM) platform providing businesses and consumers with encrypted password vaults, secrets management, zero-trust network access, and privileged session management tools that reduce credential-based cyberattack exposure. Founded in 2011 and backed by $60.2 million total from Summit Partners and Insight Partners, Keeper reached $90.6 million in revenue in 2024 (up from $73.5 million in 2023), surpassed 4 million paid users globally in April 2025, and achieved 77% CAGR in ARR over five years.
Business Model & Competitive Advantage
Keeper's product suite covers the full credential security stack: Keeper Password Manager (consumer and business password vault), KeeperPAM (privileged access management for IT administrators managing server and infrastructure access), Keeper Secrets Manager (CI/CD and developer secrets management), and KeeperChat (encrypted team messaging). The zero-knowledge encryption architecture means Keeper never sees customer vault contents — all encryption and decryption happens client-side, providing a security guarantee that differentiates from competitors with server-side access to customer secrets.
Competitive Landscape 2025–2026
In 2025, Keeper competes in the password management and PAM market with 1Password (enterprise password manager), LastPass (post-2022 breach significantly impacted its position), Bitwarden (open-source), CyberArk (enterprise PAM leader), and Delinea for credential security products. Named the #1 fastest-growing business app in EMEA by Okta in 2024, recognized as a Leader in GigaOm Radar for Password Management and a Value Leader in EMA Radar for PAM, Keeper has built strong analyst recognition alongside rapid revenue growth. The LastPass major breach in 2022 created significant market opportunity as enterprises re-evaluated their password management vendors. The 2025 strategy focuses on enterprise PAM expansion (the higher-value segment), growing government and regulated industry sales where FedRAMP authorization matters, and building the AI-powered threat intelligence features that help enterprises detect credential compromise.
Recent Activity
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Emerging Innovator
Keeper Security is an emerging player bringing innovative solutions to the Security market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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