Secret Double Octopus
- Company typePrivate
- Founded2015
- HeadquartersTel Aviv, Israel
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Secret Double Octopus does
Secret Double Octopus (SDO) is an Israel-headquartered, privately held cybersecurity company founded in 2015 that provides enterprise passwordless authentication through its patented ZeroPassword™ platform. The core technology eliminates user-managed credentials across the full enterprise application stack — legacy on-premises systems, VPN, RDP, SSH, VDI, shared accounts, SaaS applications, and air-gapped environments — by replacing backend passwords with algorithm-generated ephemeral tokens. The platform supports FIDO2/WebAuthn standards and works with any authenticator (biometrics, passkeys, push notifications, smart cards, FIDO keys), and is delivered as either a cloud-managed service (SDO Cloud) or customer-managed on-premise deployment. Certifications include FIDO Alliance certification, ISO 27001, GDPR, and alignment with NYDFS, PCI DSS, NIST 800-53, CCPA, FFIEC, and CMMC frameworks.
The company sells primarily to large enterprises in regulated industries — financial services, defense and aerospace, industrial critical infrastructure, higher education, and law firms — through direct enterprise field sales, a channel partner program, and the ZeroPassword MSP Program for managed service providers. Pricing is quote-based on annual subscription terms; no public price list exists. The customer base includes Coca-Cola, Standard Chartered Bank, BNP Paribas Cardif, KDDI, Marriott, 3M, Weil Gotshal & Manges, a Fortune 100 aerospace manufacturer, and the University of Delaware, among others. SDO operates from Tel Aviv with a US subsidiary in Menlo Park, California, and reports 1B+ annual user authentications, 95% reduction in login-related helpdesk calls, and 88% attack-surface reduction from customer deployments.
SDO has raised approximately $36.5M across six disclosed funding rounds from 2016 through 2024, with investors including Jerusalem Venture Partners, Benhamou Global Ventures, KDDI, Sony Financial Ventures, Liberty Israel Venture Fund, Global Brain Corporation, IRIS, SC Ventures, Grid Dynamics, and SBI Japan-Israel Innovation Fund. In October 2025, former NetApp CEO Dan Warmenhoven joined the board to support scaling. Geographic footprint spans North America, Europe, and Asia Pacific (notably Japan), with explicit insurtech ecosystem positioning in the Japanese market.
Secret Double Octopus firmographics
Firmographics- Name
- Secret Double Octopus
- Legal name
- Secret Double Octopus Ltd.
- Website
- https://doubleoctopus.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Secret Double Octopus industry classification
Industry- Product category
- Enterprise Identity and Access Management (Passwordless Authentication)
- NAICS
- Computer Systems Design and Related Services (5415), Computer Systems Design and Related Services (54151)
- akta.pro primary industry
- Access Management (SSO, MFA, Passwordless) (HDADAAAA)
- akta.pro secondary industries
- Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers) (HDAEAJAB), Single Sign-On (SSO) & Federation (BPAMAEAF)
Keywords
Where Secret Double Octopus is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices2 records
Markets served
Secret Double Octopus business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software Subscription (SaaS/On-Premise): The company offers both cloud-managed SDO Cloud solution and on-premise authentication server options. Customers choose between managed cloud or on-premise deployment based on their requirements. The platform is sold via subscription agreements with annual billing cycles.
- Professional Services: Includes implementation services, integration support, and technical assistance for deploying the authentication platform in customer environments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription pricing - customized quotes based on organization size and requirements |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Secret Double Octopus product offering
Product offeringCore offering
Secret Double Octopus sells the Octopus Authentication Platform, an enterprise passwordless authentication solution built on its patented ZeroPassword™ technology. The platform eliminates user-managed credentials by replacing backend passwords with algorithm-generated ephemeral tokens, delivering phishing-resistant MFA and single sign-on across legacy, on-premise, VPN, SaaS, air-gapped, and shared-account environments. It is offered as a subscription via cloud-managed (SDO Cloud) or on-premise deployment, targeted at large organizations in regulated industries.
Product overview
Secret Double Octopus offers the Octopus Authentication Platform as its core unified product, with ZeroPassword Enterprise as the flagship enterprise-grade offering. The platform is delivered through two deployment models: SDO Cloud (cloud-managed) and On-Premise Solution (customer-managed). The platform supports passwordless MFA via the Octopus Authenticator mobile app and integrates with any FIDO authenticator or biometric method. The solution portfolio covers multiple use cases including Phishing-Resistant MFA, Workforce Passwordless MFA, Remote Work Security, Desktop MFA, IT Modernization, Enterprise-Wide SSO, Accelerate Compliance, and Legacy App MFA, all built on the core Octopus Authentication Platform. The company also offers a ZeroPassword MSP Program for managed service providers. Key differentiators include patented ZeroPassword technology that replaces backend passwords with ephemeral tokens, enabling phishing-resistant authentication even for legacy systems without application redesign.
Differentiator
Problem solved
Functional benefit
Brands
- ZeroPassword™: Enterprise passwordless authentication platform that eliminates user-managed credentials across all systems including legacy and modern applications.
Products and services
- Octopus Authentication Platform
Quantifiable outcome
- 1B+ annual user authentications processed on the platform
- +4 more outcomes
Companies that use Secret Double Octopus
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles6 records
Secret Double Octopus technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Secret Double Octopus partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Amazon Web ServicescoreAWS provides hosting for customer Personal Data and cloud services as a subprocessor. SDO Cloud solution runs on AWS infrastructure in Luxemburg (EU region) for EU customers.
- Technology Partners (Integrations)coreBroad ecosystem of technology partners enabling platform integrations with identity providers, directory services, and security platforms. Partners include Microsoft (Windows Hello extension), various SSO providers, and FIDO token manufacturers.
- Channel PartnerscoreChannel partner program for resellers and distributors to offer Secret Double Octopus passwordless authentication solutions to end customers.
- ZeroPassword MSP Program PartnerscoreManaged service provider partners delivering passwordless authentication solutions to multiple clients through the ZeroPassword MSP Program.
- Insurtech Market Suppliers (Mentioned)minorListed among key suppliers including Entrust, Onfido, IDEMIA, Transmit Security, and Secret Double Octopus providing identity-verification and security technologies across Japan's insurance ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Secret Double Octopus competitors and assessment
Company assessmentBroad incumbents
- CyberArk: CyberArk is the leader in privileged access management (PAM) and is expanding into workforce identity and passwordless MFA through acquisitions (Idaptive). Comparable in serving highly regulated, security-first buyers and increasingly overlapping with SDO's privileged-access use cases.
- Microsoft Entra ID: Microsoft Entra ID (formerly Azure AD) is the dominant workforce identity and SSO platform with built-in MFA and Windows Hello-based passwordless authentication. Bundled into Microsoft 365, it is the primary free or low-cost alternative SDO competes against, especially for legacy app extension via Entra.
- Okta: Okta is a broad identity platform incumbent offering SSO, MFA, and increasingly passwordless / FIDO-based authentication. Overlaps directly with SDO's enterprise-wide SSO and phishing-resistant MFA use cases, but as part of a much wider identity portfolio.
- Ping Identity: Ping Identity (now including ForgeRock) is an enterprise identity platform offering SSO, MFA, and passwordless capabilities. Competes for the same large regulated-industry customers as SDO but as part of a broader IAM suite.
- Cisco Duo: Cisco Duo is a widely deployed MFA and secure access product that is extending into passwordless authentication and identity security. Comparable buyer (enterprise security teams) and adjacent use case coverage to SDO's workforce MFA offering.
Direct peers
- Beyond Identity: Beyond Identity offers passwordless MFA built on X.509 certificates for workforce and customer authentication. Targets similar enterprise buyers with a phishing-resistant, device-bound credential approach competing head-to-head with SDO's ZeroPassword.
- HYPR: HYPR is a direct competitor offering passwordless MFA for the enterprise workforce using FIDO2/passkeys. Targets regulated industries with phishing-resistant authentication, very similar buyer, use cases, and product positioning to Secret Double Octopus.
- OneSpan: OneSpan provides identity verification, MFA, and transaction signing solutions targeted at financial services and other regulated industries. Comparable customer base (banks, insurance) and overlapping passwordless / phishing-resistant authentication capabilities for workforce and high-value transactions.
- Transmit Security: Transmit Security provides CIAM and workforce passwordless authentication with a focus on fraud reduction and identity verification. Closely comparable in its passwordless MFA and identity-proofing capabilities for financial services and regulated enterprises.
Emerging players
- Idemeum: Idemeum is a smaller passwordless identity platform targeting workforce SSO and MFA with FIDO2-based authentication. Comparable niche positioning as an emerging passwordless vendor competing for similar enterprise use cases, though with a smaller customer footprint than SDO.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Secret Double Octopus social profiles
Digital presenceSecret Double Octopus compliance and trust
Trust signalCompliance7 records
Secret Double Octopus financial estimates
Financial estimateRevenue estimate
Valuation estimate
Secret Double Octopus leadership team
Management profileNumber of profiles
Profiles9 records
Secret Double Octopus subsidiaries and ownership
Company hierarchySubsidiaries1 record
Secret Double Octopus funding detail
Funding detailFunding overview
Funding rounds6 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Secret Double Octopus M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Secret Double Octopus
What does Secret Double Octopus do?
Secret Double Octopus sells the Octopus Authentication Platform, an enterprise passwordless authentication solution built on its patented ZeroPassword™ technology. The platform eliminates user-managed credentials by replacing backend passwords with algorithm-generated ephemeral tokens, delivering phishing-resistant MFA and single sign-on across legacy, on-premise, VPN, SaaS, air-gapped, and shared-account environments. It is offered as a subscription via cloud-managed (SDO Cloud) or on-premise deployment, targeted at large organizations in regulated industries.
Is Secret Double Octopus a public or private company?
Secret Double Octopus is a private company. It is classified as venture growth investor backed and is currently operating.
When was Secret Double Octopus founded?
Secret Double Octopus was founded in 2015. It employs 101 to 250 people.
Where is Secret Double Octopus based?
Secret Double Octopus is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Secret Double Octopus make money?
Two revenue lines are on record. Software Subscription (SaaS/On-Premise) is the primary driver. The others are professional Services.
Who are Secret Double Octopus's main competitors?
Broad incumbents on record are CyberArk, Microsoft Entra ID, Okta, Ping Identity and Cisco Duo. Direct peers are Beyond Identity, HYPR, OneSpan and Transmit Security. Idemeum is listed as an emerging player.
Does Secret Double Octopus have an API?
No public API is recorded for Secret Double Octopus.
What industry is Secret Double Octopus in?
Secret Double Octopus's product category is Enterprise Identity and Access Management (Passwordless Authentication). Its primary akta.pro industry code is HDADAAAA, Access Management (SSO, MFA, Passwordless), with a secondary code of BPAMAEAE, Authentication (MFA/Passwordless/Biometrics) Platforms. Its NAICS code is 5415.