TeamPassword is a web-based password manager for teams. Credentials are kept in one encrypted vault and shared by group, so that only the people who need access can see them. It is positioned as an alternative to sharing passwords through spreadsheets or chat messages. According to the vendor, the service has been running since 2012 and is delivered as SaaS through the browser.
According to its terms of use, TeamPassword is operated from the United States, with an address in Las Vegas, Nevada. The terms are governed by Maryland law, and no legal entity is named. The security page says the service uses host-proof local encryption and follows the principles of SOC 2. Where the data is hosted is not stated anywhere, and the privacy policy, dated 2020, does not mention the GDPR or a data processing agreement. A European organisation considering the service should ask the vendor about data location and a data processing agreement.