# Keeper Security

**Source:** https://geo.sig.ai/brands/keeper-security  
**Vertical:** Security  
**Subcategory:** General  
**Tier:** Emerging  
**Website:** keepersecurity.com  
**Last Updated:** 2026-04-14

## Summary

Enterprise password management and PAM platform reaching $90.6M revenue in 2024 with 4M+ paid users; 77% ARR CAGR backed by Summit and Insight Partners competing with 1Password and CyberArk.

## Company Overview

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.

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.

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.

## Frequently Asked Questions

### What is Keeper Security?
Keeper Security is a cybersecurity company founded in 2009 and based in Chicago, Illinois. The company specializes in password management, privileged access management, and secrets management solutions for individuals and businesses.

### What products and services does Keeper Security offer?
Keeper Security offers password management, privileged access management (PAM), secrets management, secure file storage, and two-factor authentication solutions. These products help organizations and individuals protect their credentials and sensitive data.

### Who uses Keeper Security's products?
Keeper Security serves both individual users and businesses across multiple market segments globally. As of April 2025, the company has surpassed 4 million paid users worldwide.

### When was Keeper Security founded?
Keeper Security was founded in 2009.

### Where is Keeper Security headquartered?
Keeper Security is based in Chicago, Illinois.

### Has Keeper Security raised funding?
Yes, Keeper Security has raised $60.2 million in total funding from investors including Summit Partners and Insight Partners. The most recent funding round was a Growth Equity-II round in May 2023.

### What are Keeper Security's key business metrics?
Keeper Security achieved $90.6 million in revenue in 2024, up from $73.5 million in 2023, with a 77% CAGR in ARR across all GTM segments over five years. The company surpassed 4 million paid users globally as of April 2025.

### What industry recognition has Keeper Security received?
In 2024, Keeper Security was named a Value Leader in the EMA Radar for PAM and a Leader in the GigaOm Radar for Password Management. The company was also recognized as the #1 Fastest Growing Business App in EMEA by Okta and received recognition from G2, U.S. News, PCWorld, and Tom's Guide.

### What is Keeper Security's market position?
According to the Okta Report, Keeper Security is the #1 Fastest Growing Business App in EMEA and ranks in the top 10 globally. The company was also named a G2 Leader in Summer 2024.

### What are Keeper Security's recent developments?
Recent developments include reaching $90.6 million in revenue in 2024 and surpassing 4 million paid users globally in April 2025. The company also received multiple industry leadership recognitions in 2024, including from EMA, GigaOm, and G2.

## Tags

b2b, cybersecurity, global, saas, security

---
*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*