Okta Ventures intends to write checks sized between $250,000 and $2 million into eight to ten early-stage businesses per year. . Okta Ventures' first investment is Trusted Key, a blockchain-based digital identity platform that previously raised $3 million from Founders Co-Op. The firm was founded in San Jose, California, United States.
Otka Ventures has interest in investing during angel, corporate, seed, and Series A through B rounds. The firm is interested in companies such as Iterative Scopes and Fast Forward.
Okta Ventures intends to invest capital in existing Okta partners, as well as other companies in the identity management ecosystem.