Varo Overview
- Founded
- 2015

- Status
- Private
- Employees
- 374

- Latest Deal Type
- Later Stage VC
- Latest Deal Amount
- $63M

- Investors
- 13
Varo General Information
Description
Developer of a financial platform intended to improve mobile banking experience. The company's platform offers various services including financial insights and analysis of spending, real-time budgeting and predictive forecasts of cash flow, making a direct deposit, online bill payment and also offers access to other financial applications, enabling users to make smart financial decisions and make progress.
Contact Information
- 77 Geary Street
- Suite 515
- San Francisco, CA 94109
- United States
Varo Timeline
Varo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC | 18-Feb-2021 | $63M | 00000 | Completed | Generating Revenue | |
5. Later Stage VC (Series D) | 04-May-2020 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
4. Later Stage VC (Series C) | 16-Jul-2019 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 18-Jan-2018 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
2. Early Stage VC | 08-Nov-2016 | $5.33M | $33.3M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 02-May-2016 | $28M | $28M | 0000 | Completed | Generating Revenue |
Varo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D1 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.00 | |
Series D2 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00 | |
Series C2 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00 | |
Series C1 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series B2 | 0,000,000 | 00.000000 | 00 | 00 | 00 | 00 | 00 | |
Series B1 | 00,000,000 | 00.000000 | 00 | 00 | 00 | 00 | 00.000 | |
Series A2 | 3,300,000 | $0.000010 | $5.2 | $5.2 | 1x | $1.04 | 10.99% | |
Series A1 | 4,000,000 | $0.000010 | $3.46 | $3.46 | 1x | $0.69 | 13.32% |
Varo Comparisons
Industry
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Request a free trialVaro Competitors (17)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Chime | Venture Capital-Backed | San Francisco, CA | 000 | 00.000 | 00000000000 | 00.000 |
0000 | Venture Capital-Backed | Barcelona, Spain | 00 | 000.00 | 00000000000 | 000.00 |
000000 | Venture Capital-Backed | Irvine, CA | 000 | 00000 | 00000000000 | 00000 |
000000 | Venture Capital-Backed | San Francisco, CA | 000 | 00000 | 00000000000 | 00000 |
00000000 0000000, | Formerly VC-backed | Redwood City, CA | 000 | 00000 | 000000&0 | 00000 |
Varo Executive Team (21)
Varo Board Members (9)
Name | Representing | Role | Since |
---|---|---|---|
Amy Friend | Varo | Board Member | 000 0000 |
Cary Davis | Warburg Pincus | Board Member | 000 0000 |
Caryl Athanasiu | Self | Board Member | 000 0000 |
Colin Walsh | Varo | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
David Coulter | Warburg Pincus | Board Member | 000 0000 |
Varo Signals
Growth Rate

Growth

Size Multiple


Key Data Points
Twitter Followers
5.5k

Similarweb Unique Visitors
15.0K

Majestic Referring Domains
314

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Request a free trialVaro Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Russell Westbrook Enterprises | Corporation | Minority | 000 0000 | 000000 0 | |
Gaingels Syndicate | Venture Capital | Minority | 000 0000 | 000000 0 | |
Gallatin Point Capital | PE/Buyout | Minority | 000 0000 | 000000 0 | |
HarbourVest Partners | PE/Buyout | Minority | 000 0000 | 000000 0 | |
Jeffrey Skoll | Angel (individual) | Minority | 000 0000 | 000000 0 |