1Password as Team Secrets System

Diving deeper into

1Password

Company Report
1Password found product-market fit in businesses with both the proliferation of B2B SaaS cloud applications and the rise of hybrid/remote work
Analyzed 9 sources

1Password won in business because work logins stopped being personal and became team infrastructure. As companies adopted dozens of cloud apps and employees worked across home laptops, office devices, and contractors, teams needed a shared vault for the actual credentials behind Slack, AWS, payroll, and other daily tools. That turned 1Password from a solo utility into a multi seat system of record for company secrets, which helped drive B2B revenue from about 33% of total revenue in 2019 to 60% by 2023.

  • The core workflow was simple and sticky. A worker logs into a SaaS app in the browser, 1Password saves the credential, then teammates with permission can autofill the same login from a shared vault instead of passing passwords around in email, chat, or spreadsheets. That is much more valuable in remote teams where access is constantly handed off across people and devices.
  • This is also where 1Password separated from built in consumer password tools from Apple and Google. Those products help one person on one ecosystem remember passwords. 1Password built the multi player layer, shared vaults, guest access, admin controls, audit trails, and employee vaults, that businesses need when credentials belong to the company, not the individual worker.
  • As password storage became more commoditized, competition shifted toward the workflow around the secret. Rippling bundles passwords into employee onboarding, app provisioning, and device management. Okta extends into identity and access. 1Password responded by expanding into Secrets Automation and enterprise integrations so it could manage not just saved logins, but also developer and IT credentials used inside infrastructure and security workflows.

The next phase is less about storing passwords and more about owning access wherever credentials still exist. As companies move toward passkeys and passwordless login, 1Password is pushing deeper into admin workflows, device security, SaaS sprawl management, and machine secrets, so the product remains the control layer for who gets into what, even when the password itself matters less.