Mateso Password Safe
Mateso Password Safe (MATESO GmbH) is a German enterprise password management software vendor, offering self-hosted and MSP-delivered Password Secure to large enterprises and SMEs across Europe. Since 2022 it has operated as a subsidiary of Netwrix, extending its identity and access management portfolio.
- Company typePrivate
- Founded2006
- HeadquartersNeusäß, Germany
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Mateso Password Safe does
Mateso Password Safe (legal entity: MATESO GmbH) is a German enterprise password management software vendor founded in 2006 and headquartered in Neusäß, Germany. Its core product, Password Secure, is an identity and password vault platform that secures corporate credentials, supports automated credential rotation for service accounts, enforces password expiration policies, and provides custom approval workflows. The platform supports self-hosted, cloud, and hybrid deployment models, with a separate managed-service offering (Password Secure MSP) delivered through certified partners for SMEs lacking IT administration capacity. Cross-platform access is provided via browser extensions for Chrome, Firefox, Edge, and Safari, native iOS and Android applications, and a lightweight LightClient module. The product is GDPR-compliant and certified against the German IT baseline protection standard (IT-Grundschutz).
Mateso sells on an annual user-based subscription model with separately bookable software maintenance and support services. Its go-to-market combines direct enterprise field sales (demo booking via Calendly) with a channel partner network of certified MSPs serving the under-100-user SME segment. The company segments its audience by company size (large enterprise vs. SME), by role (IT, CIO, CISO, management, teams, key users), and by vertical (IT, finance, education, manufacturing, retail, healthcare), and uses a content-led marketing approach supplemented by paid search, partner enablement (Partner Portal, Success Center, Academy), and webinars.
Since September 23, 2022, MATESO has operated as a subsidiary of Netwrix (US-based cybersecurity vendor), with Netwrix Germany GmbH as the current legal operator of passwordsafe.com. The acquisition integrated Password Secure alongside Netwrix's identity governance (USERCUBE) and privileged access management (SbPAM) products to form a broader identity and access management portfolio. Headcount is reported in the 11–50 range, and the company states that thousands of organizations — including more than half of the DAX 40 listed companies — rely on its software.
Mateso Password Safe firmographics
Firmographics- Name
- Mateso Password Safe
- Legal name
- MATESO GmbH
- Website
- https://passwordsafe.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Mateso Password Safe (MATESO GmbH) is a German enterprise password management software vendor, offering self-hosted and MSP-delivered Password Secure to large enterprises and SMEs across Europe. Since 2022 it has operated as a subsidiary of Netwrix, extending its identity and access management portfolio.
- Ownership category
- akta.pro rank
Mateso Password Safe industry classification
Industry- Product category
- Enterprise Password Management
- NAICS
- Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371)
- 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)
Keywords
Where Mateso Password Safe is headquartered
LocationHeadquarters
- HQ city
- Neusäß
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Mateso Password Safe business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licenses: Annual subscription model for software licenses with user-based pricing. Supports both self-hosted and managed service deployment options.
- Software Maintenance: Separately bookable maintenance service providing updates, upgrades, and support for the current version and two previous versions during the maintenance period.
- Support Services: Phone, email, and remote access support provided during the software maintenance period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Self-hosted edition for enterprises with own IT infrastructure |
| Subscription | Annual | MSP Managed Service for SMEs without dedicated IT |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Mateso Password Safe product offering
Product offeringCore offering
Mateso Password Safe develops and sells Password Secure, an enterprise password management software that secures corporate team and personal passwords from any location. The software supports on-premises, cloud, and hybrid self-hosted deployments as well as an MSP-managed service edition for SMEs. Features include password expiration management, custom approval workflows, automated credential rotation, multi-factor authentication, and AD/LDAP integration with audit trails.
Product overview
Mateso Password Safe offers Password Secure, an enterprise password management platform available as self-hosted software or managed service. The core product secures corporate team and personal passwords with features including password expiration dates, custom approval workflows, and automated credential rotation. Deployment options include on-premises, cloud, or hybrid configurations. Browser extensions for Chrome, Firefox, Edge, and Safari, plus mobile apps for iOS and Android, provide cross-platform access. The LightClient module offers a lightweight access option.
Differentiator
Problem solved
Functional benefit
Products and services
- Password Secure Enterprise password management software that secures access to corporate team and personal passwords from any location. Offers password expiration dates, custom approval workflows, and automated credential rotation for service accounts. Used by enterprise customers including more than half of DAX 40 listed companies.
- Password Secure Self-hosted Self-hosted deployment edition of Password Secure where all data is stored on the customer's own servers—on-prem, in the cloud, or hybrid—providing full data ownership and control. Targeted at enterprises with dedicated IT administration.
- Password Secure MSP Managed service provider edition of Password Secure offering comprehensive password protection for SMEs without requiring IT competence or server resources. Setup, maintenance, and management are handled by certified partners, with data stored in secure local data centres.
Quantifiable outcome
- Account compromise was the most common initial attack vector in 2021, responsible for 20% of breaches (Ponemon Institute)
Companies that use Mateso Password Safe
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles2 records
Mateso Password Safe technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Mateso Password Safe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NetwrixcoreNetwrix acquired MATESO on September 23, 2022 to strengthen its identity and access management (IAM) market position. The acquisition deepens Netwrix's password management expertise and complements its existing Netwrix SbPAM (next-generation privileged access management) solution. MATESO's password management application secures all other credentials while minimizing employee cybersecurity fatigue. Steve Dickson, CEO of Netwrix, stated the combination of Netwrix USERCUBE (identity governance), MATESO (password management), and Netwrix SbPAM (privileged access) provides comprehensive identity security.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Mateso Password Safe competitors and assessment
Company assessmentEmerging players
- HashiCorp Vault: HashiCorp Vault provides secrets management, credential storage, and access policy controls that overlap with Mateso's credential rotation and password vault functionality, particularly for DevOps and infrastructure secrets.
- Delinea (ThycoticCentrify): Delinea offers privileged access management and enterprise password vault capabilities that overlap with Mateso's password management and credential rotation features for IT-admin and service-account use cases.
Direct peers
- Dashlane: Dashlane delivers business password management with SSO, provisioning, and admin policies, competing in the same category as Password Secure for SME and mid-market enterprise credentials.
- LastPass: LastPass is a widely deployed password manager with SSO, MFA, and business password vault offerings, serving the same SMB and enterprise buyer profiles as Mateso.
- Bitwarden: Bitwarden offers open-source password management for individuals, teams, and enterprises with self-hosted and cloud deployment options, competing head-to-head with Mateso's self-hosted and managed password vault capabilities.
- 1Password: 1Password is a leading enterprise password manager offering vault-based credential sharing, SSO integration, and admin controls for businesses of all sizes, directly competing with Password Secure in the enterprise password management category.
- Keeper Security: Keeper provides enterprise password management, secrets management, and privileged access tooling with zero-knowledge encryption, overlapping directly with Mateso's password vault, MFA, and credential rotation features.
Broad incumbents
- Okta: Okta is a leading identity and access management platform whose SSO, MFA, and identity governance offerings increasingly include password management features, positioning it as a broad incumbent competing for the same enterprise IT buyer.
- CyberArk: CyberArk is a leader in privileged access management and broader identity security; its enterprise vault and credential management capabilities overlap with Mateso's password and credential rotation features as part of a wider portfolio.
- Microsoft Entra ID (Azure AD): Microsoft Entra ID bundles SSO, MFA, passwordless, and identity governance into the Microsoft cloud ecosystem, providing a default identity layer that competes with standalone password managers for enterprise credentials.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mateso Password Safe social profiles
Digital presenceMateso Password Safe compliance and trust
Trust signalCompliance2 records
Mateso Password Safe financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mateso Password Safe leadership team
Management profileNumber of profiles
Profiles4 records
Mateso Password Safe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mateso Password Safe 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 Mateso Password Safe
What does Mateso Password Safe do?
Mateso Password Safe develops and sells Password Secure, an enterprise password management software that secures corporate team and personal passwords from any location. The software supports on-premises, cloud, and hybrid self-hosted deployments as well as an MSP-managed service edition for SMEs. Features include password expiration management, custom approval workflows, automated credential rotation, multi-factor authentication, and AD/LDAP integration with audit trails.
Is Mateso Password Safe a public or private company?
Mateso Password Safe is a private company. It is classified as corporate owned and is currently acquired.
When was Mateso Password Safe founded?
Mateso Password Safe was founded in 2006. It employs 11 to 50 people.
Where is Mateso Password Safe based?
Mateso Password Safe is headquartered in Neusäß, Germany, in the Europe region.
How does Mateso Password Safe make money?
Three revenue lines are on record. Software Licenses are the primary driver. The others are software Maintenance and support Services.
Who are Mateso Password Safe's main competitors?
Emerging players on record are HashiCorp Vault and Delinea (ThycoticCentrify). Direct peers are Dashlane, LastPass, Bitwarden, 1Password and Keeper Security. Broad incumbents are Okta, CyberArk and Microsoft Entra ID (Azure AD).
Does Mateso Password Safe have an API?
No public API is recorded for Mateso Password Safe.
What industry is Mateso Password Safe in?
Mateso Password Safe's product category is Enterprise Password Management. 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 541512 and its SIC code is 7371.