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Founded Year

2018

Stage

Acquired | Acquired

Total Raised

$680K

Valuation

$0000 

About Arengu

Arengu helps companies automate forms and improve security and user experience. The company was founded in 2018 and is based in Vigo, Spain. In June 2023, Arengu was acquired by Okta at a valuation between $10M and $20M.

Headquarters Location

Rúa Areal nº18 - 3º

Vigo, 36201,

Spain

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Latest Arengu News

Okta acquires Arengu, participated by K Kund

Jun 13, 2023

Webcapitalriesgo 12/06/2023 OKTA ACQUIRES ARENGU, PARTICIPATED BY K KUND We’re very happy to be able to share that Okta , a leading online identity platform, has acquired Arengu . We first invested ( K FUND ) in Arengu in 2019, months after meeting co-founders Jacobo, Sergio and Pablo for the first time. We were excited by their vision of building a low-code tool that could complement existing identity providers and that would allow all kinds of users (technical and not) to build complex signup and onboarding processes. Many at the beginning misunderstood the company as one more form builder, but many users and customers also eventually understood the complexity behind certain signup and onboarding processes, and thus the value that Arengu provided: the ability to build seamless onboarding experiences with any stack, multiple user touch points, data enrichment, integration with third parties and a visual interface that required no coding skills. Long before the company got accepted by Y Combinator, it was a simple email to introduce them to a member of Auth0 (acquired by Okta in 2021) that escalated quickly internally and that kickstarted the relationship between both companies, which has culminated in today’s announcement. It’s been a real pleasure to see first hand the evolution of Arengu’s product through the years, the different GTM approaches that we tried and ended up implementing, and especially the growth of Jacobo as CEO and Pablo and Sergio. We’re very happy for the team and we can’t wait to see what they do next within Okta. Graciñas por todo, Jacobo, Sergio, Pablo and the rest of the Arengu team!

Arengu Frequently Asked Questions (FAQ)

  • When was Arengu founded?

    Arengu was founded in 2018.

  • Where is Arengu's headquarters?

    Arengu's headquarters is located at Rúa Areal nº18 - 3º, Vigo.

  • What is Arengu's latest funding round?

    Arengu's latest funding round is Acquired.

  • How much did Arengu raise?

    Arengu raised a total of $680K.

  • Who are the investors of Arengu?

    Investors of Arengu include Okta, Y Combinator, K Fund, Lanai Partners and Rafael Garrido.

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