Keeper Security has announced reaching a significant milestone in its journey to set standards in AI-native identity security, achieving $225 million in Annual Recurring Revenue (ARR).
Since 2021, the company's ARR has expanded over threefold. Presently, Keeper protects more than 95,000 organisations, which include numerous Fortune 500 companies and public sector agencies. The firm is gaining recognition as a standard in AI-native identity security for enterprises worldwide with its zero-trust and zero-knowledge identity security platform. In 2025, Gartner, a renowned analyst firm, ranked Keeper as the second-fastest-growing security software company globally, following Google.
Adoption of artificial intelligence
This acknowledgment highlights Keeper's swift market growth in tackling identity security challenges brought about by cloud transformation and increased adoption of artificial intelligence within enterprise infrastructures and endpoints.
This significant growth is attributed to the surge in identities within the AI era and Keeper's unwavering commitment to innovation, as evident by the introduction of its unified privileged access management and identity security platform, KeeperPAM®. This platform safeguards both human and Non-Human Identities (NHIs), including service accounts, machine identities, databases, AI agents, and work processes.
Platform enhancements and customer growth
Keeper added more than 400 innovative features and products to KeeperPAM
Since the launch of KeeperPAM in February 2025, the platform has demonstrated tenfold year-over-year revenue growth. Keeper has also experienced substantial customer growth, onboarding an average of 850 new organisations monthly. Over the past fifteen months, Keeper added more than 400 innovative features and products to KeeperPAM.
"Identity is the new security perimeter," said Darren Guccione, CEO and Co-founder of Keeper Security. He emphasised the necessity for a modern, unified platform to secure every identity—human or non-human—and to govern every privileged interaction, in light of the exponential growth of privileged identities and machine credentials.
Comprehensive cybersecurity measures
Keeper's cloud-based cybersecurity platform offers a thorough approach to identity security and privileged access management. It integrates enterprise password management, secrets management, privileged session management, database management, and endpoint privilege management into a single platform.
Keeper's cloud-based cybersecurity platform offers a thorough approach to identity security
Keeper's AI-native identity security strategy extends these capabilities to non-human identities and AI environments, allowing organisations to manage and secure machine credentials and autonomous workloads with the same diligence applied to human users.
As enterprises scale AI technologies, the increase in non-human identities has outpaced that of human identities by 150 to 1, creating new attack surfaces and operational challenges.
Tackling governance and security challenges
Craig Lurey, CTO and Co-founder of Keeper Security, stated, "Autonomous agents, frontier LLMs, and machine-to-machine workflows are operating inside enterprise environments right now—without adequate governance, secrets management, or access controls. Keeper is purpose-built to solve this problem at scale." The company’s consistent growth and industry recognition bolster its status as an innovative and rapidly expanding provider of AI-native identity security and privileged access management solutions.
Keeper's financial stability, marked by substantial growth, profitability, and a debt-free capital structure, positions it effectively to lead identity security in the AI era. Darren Guccione noted, "Surpassing $225 million in ARR confirms what we've heard in every enterprise conversation—that securing non-human identities is the defining security challenge of the AI era." Keeper is on an accelerated path to reach $1 billion in ARR, supported by their technology roadmap, which could eventually lead to a public offering.
Keeper Security, the identity security platform for humans, machines and AI agents, announces a major milestone in its journey to become the market standard for AI-native identity security, having reached $225 million in Annual Recurring Revenue (ARR). Since 2021, Keeper's ARR has grown over 3x.
Keeper protects over 95,000 organisations, which includes many Fortune 500 enterprises and public sector agencies. The company is quickly emerging as the market standard for AI-native identity security for enterprises globally with its zero-trust and zero-knowledge identity security platform. In 2025, pioneer analyst firm Gartner recognised Keeper as the second-fastest-growing security software competitor globally, second only to Google.
Artificial intelligence adoption
This recognition underscores Keeper's rapid market expansion in addressing identity security challenges created by cloud transformation and artificial intelligence adoption across enterprise infrastructure and endpoints.
This market-pioneer growth is driven by the explosion of identities in the agentic AI age and relentless focus on innovation to protect customers, as evidenced by the release of its unified privileged access management and identity security platform, KeeperPAM®, which protects both human and Non-Human Identities (NHIs), including service accounts, machine identities, databases, AI agents and agentic workloads.
Identity security platform
Since the launch of KeeperPAM in February 2025, KeeperPAM revenue has exhibited 10x year-over-year growth and Keeper has seen industry-pioneer new customer growth, adding an average of 850 new organisations every month. In the last fifteen months, Keeper added over 400 innovative features and products to KeeperPAM.
"Identity is the new security perimeter," said Darren Guccione, CEO and Co-founder of Keeper Security. "As enterprises increasingly deploy AI agents and autonomous systems, the number of privileged identities and machine credentials is growing exponentially. Organisations need a modern, unified platform that secures every identity – human and non-human – and governs every privileged interaction. Our growth reflects the market's demand for a platform purpose-built to address these challenges."
Enterprise password management
Keeper's cloud-native cybersecurity platform delivers a comprehensive approach to identity security and privileged access management by unifying enterprise password management, secrets management, privileged session management, database management and endpoint privilege management in a single platform. Keeper's AI-native identity security strategy seamlessly extends these capabilities to non-human identities and agentic AI environments, enabling organisations to discover, manage and secure machine credentials and autonomous workloads with the same rigor applied to human users.
As enterprises adopt AI technologies at scale, the proliferation of non-human identities is rapidly outpacing that of human identities by 150:1, according to reports, thereby creating new attack surfaces and operational complexity. Keeper's platform helps organisations establish identity-first security strategies that provide security, visibility, governance and least-privilege controls across their entire identity ecosystem.
Fastest-growing providers
"Autonomous agents, frontier LLMs and machine-to-machine workflows are operating inside enterprise environments right now – without adequate governance, secrets management or access controls," said Craig Lurey, CTO and Co-founder of Keeper Security. "Keeper is purpose-built to solve this problem at scale."
The company's continued growth and market recognition reinforce its position as one of the cybersecurity industry's most innovative and fastest-growing providers of AI-native identity security and privileged access management solutions. Keeper's financial profile combines best-in-class growth, profitability and a debt-free capital structure and is an asset positioned to efficiently lead identity security in the agentic AI age.
"Surpassing $225 million in ARR confirms what we've heard in every enterprise conversation – that securing non-human identities is the defining security challenge of the AI era," said Darren Guccione, CEO of Keeper Security. "We have established an accelerated path to $1 billion in ARR which, coupled with our technology roadmap, will provide optionality for a public offering."
