Okta Ventures

Corporate venture arm of Okta, Inc. (NASDAQ:OKTA). Strategic CVC focused on identity, security, and adjacent enterprise software. Notable portfolio: Spruce, Drata, Atomicwork.

Atomicwork Relevance

  • Strategic investment in Atomicwork announced Sep 17, 2025 (round amount undisclosed).
  • Customer-investor crossover: Okta is Atomicwork’s deep technical partner on identity/IGA AND a strategic investor (CVC). Marquee dual relationship.
  • Deal partner: Austin Arensberg — title varies across sources: “Senior Director, Okta Ventures” (PRNewswire) / “VP, Okta Ventures” (Okta corporate blog) ^[ambiguous title].
  • Arensberg verbatim: “Identity is at the core of secure, modern enterprise infrastructure. Atomicwork is redefining how IT service management works in an AI-first world…”
  • Atomicwork’s post-Okta total raised: >$40M per Okta press release.