LastPass is a password manager and access platform for businesses and individuals. It stores credentials, fills them in automatically and generates passwords. Business plans add secure sharing, shared folders, role-based access, passkeys, single sign-on, multifactor authentication and visibility into the SaaS and AI tools in use. Individuals can choose Premium, Families and Plus plans. The service is cloud-based and delivered as a browser extension with desktop and mobile apps.
LastPass is headquartered in Boston, Massachusetts, in the United States. Since its 2024 spin-off from GoTo, the company has been controlled by Francisco Partners and Elliott Investment Management, according to Wikipedia. It is therefore a US company with US owners, which means US law may apply. The software is proprietary and not open source. According to LastPass, data is encrypted locally on the user's device before it is sent to LastPass servers. A European organisation should ask LastPass where its vault data is stored.