Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates that 1Password hit $400M annual recurring revenue (ARR) in October 2025, up from $331M in 2024.</li><li>More than 75% of revenue now comes from businesses, with 180,000 business customers and gross retention above 90%, and the company remains free cash‑flow positive.</li><li>In October 2025, 1Password’s founders completed a $100M secondary, including a $75M stake purchased by the Halo Fund founded by Ryan Smith and Ryan Sweeney.</li></ul>

Sacra estimates that 1Password hit $400M annual recurring revenue (ARR) in October 2025, up from $331M in 2024.More than 75% of revenue now comes from businesses, with 180,000 business customers and gross retention above 90%, and the company remains free cash‑flow positive.In October 2025, 1Password’s founders completed a $100M secondary, including a $75M stake purchased by the Halo Fund founded by Ryan Smith and Ryan Sweeney.

1Password

Primer: 1Password - 10 Oct 2025