BackStartups

Eugenio Pace & Matías Woloski

Auth0

Developer-focused identity and authentication platform · Buenos Aires, Argentina

$6.5B (all-stock)
Acquired by Okta
2021
Acquisition
Latin America
Regional desk

The founder

Eugenio Pace and Matías Woloski, both trained in Buenos Aires and former Microsoft colleagues, co-founded Auth0 in 2013 to sell identity-management infrastructure to developers, building it into Argentina’s youngest unicorn with over 7,000 enterprise clients.

How it was sold

Okta announced its acquisition of Auth0 on March 3, 2021 in an all-stock deal valued at approximately $6.5 billion, closing that May — the largest exit by an Argentine-founded tech company and a rare case of two direct identity-management competitors merging into one.