1Password vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Password manager and secrets platform with $6.8B valuation; enterprise credential management, developer secrets automation, and passkey infrastructure.
About
1Password is an enterprise password manager and secrets management platform enabling individuals, teams, and businesses to securely store, manage, and share credentials, credit cards, and sensitive information. Founded in 2005 and headquartered in Toronto, Canada, 1Password has evolved from a beloved consumer app into a comprehensive enterprise security platform after raising $620 million in Series C funding in January 2022 at a $6.8 billion valuation — one of the largest cybersecurity funding rounds ever.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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