1Password says ARR has passed $500 million as quarterly growth accelerates

1Password’s CEO said the company has crossed $500 million in annual recurring revenue (ARR). Net new ARR in the third quarter grew 90% year over year, he said, while new B2B customer logos in the third quarter were up 150% compared with the same quarter a year earlier. He linked demand in part to AI agents used in software development: agents need access to systems, and access left standing can become a serious risk.