Ping Identity

What Ping Identity does

Ping Identity is a Denver-headquartered provider of cloud-based identity and access management software for large enterprises and government organizations. The company is privately held by Thoma Bravo since 2022, following its 2019 IPO on NASDAQ under ticker PING. Ping serves approximately half of the Fortune 100 and manages more than 3 billion identities globally, with named deployments across retail (Best Buy), automotive (Toyota Motor Europe, Inchcape), manufacturing (Axalta, Land O'Lakes, Applied Materials), media (BBC), financial services (Coast Capital), healthcare (Philips, Ochsner Health), government (State of Connecticut), and freight/logistics (Truckstop).

The platform is built around the PingOne cloud suite — including PingOne DaVinci for no-code identity orchestration with 6,500+ capabilities across 350+ connectors, PingOne Protect for risk-based authentication and fraud prevention, PingOne Neo for decentralized verifiable credentials, and PingFederate for hybrid/on-premises federation. Proprietary technology layers include the Helix AI engine, Zero-Knowledge Biometrics acquired via Keyless Technologies (closed January 2026) enabling sub-300ms re-verification without retrievable biometric storage, Universal Services for continuous identity verification, and the Identity for AI / Runtime Identity framework (Agent IAM Core, Agent Gateway, Agent Detection) launched globally in March 2026 to govern AI agents as non-human identities.

Ping operates primarily through direct enterprise field sales supplemented by channel partners (Solid8 in Africa), system integrators, and cloud marketplaces (Google Cloud Marketplace, where contract value grew 66% in 2025; AWS Marketplace). Pricing is enterprise quote-based with annual subscription as the primary cadence; modular SaaS platform and on-premises/hybrid licenses are both offered. Recent strategic priorities include geographic expansion into APJ and EMEA, verticalization into healthcare and defense, and category-defining moves in AI agent identity governance.

Name

Ping Identity

Legal name

Ping Identity Corporation

Website

https://pingidentity.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ping Identity provides cloud-based identity and access management software for large enterprises and government organizations, managing 3 billion+ identities for half of the Fortune 100 across the PingOne platform. Now owned by Thoma Bravo, it sells subscription-based IAM, orchestration, fraud prevention, and AI agent governance globally.

Ownership category

akta.pro rank

Product category

Identity and Access Management (IAM)

NAICS

Computer Systems Design Services (541512)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF)

akta.pro secondary industries

Identity Orchestration & Policy (Zero Trust Access, Conditional Access) (HDADAAAL), Identity Verification, Proofing & KYC (IDV) (HDAEAJAI), Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG)

Keywords

• Identity access management
• Single sign-on
• Multi-factor authentication
• Zero trust security
• Fraud prevention platform

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Identity Platform Subscription: Subscription-based access to PingOne cloud platform with modular capabilities including authentication, authorization, orchestration, threat protection, and identity verification. Customers select specific services needed without vendor lock-in.
2. Enterprise Software Licenses: On-premises and hybrid deployment options including PingFederate for organizations requiring cloud-ready software for authentication and single sign-on authority. Includes perpetual and subscription licensing models.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Ping Identity provides a cloud-native identity and access management (IAM) platform offering authentication, authorization, orchestration, threat protection, and identity verification services. The PingOne platform delivers workforce, customer, partner, and AI agent identity management through modular services including single sign-on, multi-factor authentication, decentralized identity, fraud prevention, and no-code orchestration across 350+ connectors. The platform also includes PingFederate for hybrid on-premises deployments and supports Zero Trust architectures for enterprises and governments.

Differentiator

Problem solved

Functional benefit

Brands

• PingOne: Cloud-based identity platform offering comprehensive identity and access management services including single sign-on, MFA, directory, and lifecycle management.
• PingFederate
• PingID
• PingOne DaVinci
• PingOne Neo
• PingOne Protect
• PingOne Advanced Identity Cloud
• Helix
• Identity for AI

Products and services

• PingOne Platform

Quantifiable outcome

• 88% reduction in fraud (DigiKey)
• +7 more outcomes

Named customers17 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

AI capability8 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• AWScoreTechnology or Integration · 1 June 2026Ping Identity extended Runtime Identity capabilities through integrations with AWS. Enables enterprises to govern AI agents across cloud workloads, APIs, and services. Extensions provide continuous authorization, policy enforcement, and monitoring while agents operate in AWS environments.
• Google CloudcoreTechnology or Integration · 1 June 2026Ping Identity Runtime Identity capabilities integrated with Google Cloud for AI agent governance. Enables centralized authorization, policy enforcement, and real-time monitoring across Google Cloud environments where AI agents are built, deployed, and operated.
• OLOIDcoreStrategic or Co-development Partner · 1 May 2026Partnership to deliver passwordless, Verified Trust identity solution for U.S. clinical healthcare workforce. Combines Ping's identity verification layer with OLOID's Tap-and-Login access technology. Addresses rising credential-based attacks in healthcare where 72% of organizations report disruptions. Clinicians can use verified onboarding, passwordless authentication, and secure account recovery across shared devices and EHR systems.
• Solid8 TechnologiescoreChannel Partner/ Reseller/ Distributor · 1 February 2026Distribution agreement for Ping Identity solutions across southern Africa. Leverages Solid8's local market expertise and specialized partners to offer cloud-based identity security including orchestration, decentralized identity, and fraud prevention to government, financial services, healthcare, retail, and media sectors. Negotiations underway to extend distribution to rest of Africa.
• Kyyba TechminorImplementation/ SI/ Consulting Partner · 1 February 2026Kyyba Tech supporting Massachusetts state identity and access management solution in collaboration with Ping Identity. Supports Department of Transitional Assistance applications and AI governance frameworks as part of Commonwealth digital transformation.
• Keyless TechnologiescoreStrategic or Co-development Partner · 1 January 2026Ping Identity acquired Keyless, a London-headquartered biometric authentication firm. The acquisition brings zero-knowledge biometrics technology enabling device-independent biometric authentication that never stores biometric data in retrievable form. Re-verification occurs in under 300 milliseconds, countering deepfakes and identity spoofing. Supports customer, workforce, and B2B identity use cases including passwordless MFA and account takeover prevention.
• BeyondTrustcoreStrategic or Co-development Partner · 1 December 2025Strategic partnership delivering unified identity security solution integrating Privileged Access Management, IAM, and IGA. Automates access decisions across human and non-human identities, strengthening Zero Trust initiatives and securing AI agents. Joint solution available through designated integration partners and AWS Marketplace.

Scale indicators14 records

Recent moves6 records

Expansion highlights9 records

Direct peers

• Okta: Okta is the leading pure-play identity and access management provider, directly competing with Ping across workforce SSO, MFA, CIAM, and increasingly AI agent identity. Okta for AI Agents is a direct competitor to Ping's Identity for AI / Runtime Identity offering.
• CyberArk: CyberArk is a leader in identity security, particularly privileged access management (PAM) and machine identity. It overlaps with Ping in workforce identity and increasingly in AI agent and non-human identity governance, and was recently named a leader in Gartner Magic Quadrant for Access Management alongside Ping.
• SailPoint: SailPoint is a leader in identity governance and administration (IGA), now Thoma Bravo-owned. It is directly comparable to the ForgeRock IGA capabilities inside Ping and competes head-on for governance-centric identity deals in the enterprise.
• One Identity (Quest): One Identity is an identity and access management suite covering IGA, AD account management, and PAM, comparable to the breadth of Ping's post-ForgeRock platform. It targets similar large enterprise and regulated-industry customers as Ping.

Broad incumbents

• Microsoft Entra ID: Microsoft Entra ID (formerly Azure Active Directory) is the largest identity provider globally, bundled into Microsoft 365 and Azure ecosystems. It competes with Ping on workforce SSO, MFA, and CIAM, and is increasingly encroaching on the agentic identity space through Entra Agent ID.
• IBM Security Verify: IBM Security Verify is a CIAM and workforce identity offering within IBM's broader security portfolio. It overlaps with Ping in enterprise IAM and competes for large, regulated, hybrid IT customers that have existing IBM relationships.
• Amazon Cognito: Amazon Cognito is AWS's developer-centric CIAM service. It competes with PingOne at the developer and SMB end of CIAM and benefits from native integration with the broader AWS stack that Ping has had to integrate with via marketplace.

Emerging players

• BeyondTrust: BeyondTrust is a privileged access management (PAM) vendor now expanding into unified identity security through a strategic partnership with Ping. While it is a Ping technology partner, it also competes in the converged identity and access security space.
• Saviynt: Saviynt is a cloud-native identity governance and cloud privilege exchange platform. It competes with the ForgeRock IGA stack inside Ping, particularly for cloud-first enterprises and for converged IGA + PAM use cases.
• HYPR: HYPR is a passwordless and phishing-resistant MFA specialist, comparable to the Keyless zero-knowledge biometrics capability inside Ping. It competes in workforce and customer passwordless deployments where Ping positions Keyless-based ZK biometrics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PingIdentity
• YouTubeyoutube.com/c/PingIdentityTV
• Facebookfacebook.com/pingidentitypage
• LinkedInlinkedin.com/company/ping-identity

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds9 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ping Identity