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Total Raised

$991.33M

Investors Count

15

Deal Terms

3

Funding, Valuation & Revenue

8 Fundings

Varo has raised $991.33M over 8 rounds.

Varo's latest funding round was a Series E for $510M on September 9, 2021.

Varo's valuation in January 2018 was $218.77M.

Varo's latest post-money valuation is from September 2021.

Sign up for a free demo to see Varo's valuations in September 2021 and more.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

9/9/2021

Series E

$510M

$99M

0

FY undefined

32

2/18/2021

Series D - II

$99M

$99M

0

FY undefined

10

6/3/2020

Series D

$99M

$99M

0

FY undefined

10

1/15/2019

Series C

$99M

$99M

0

FY undefined

10

1/18/2018

Series B

$99M

$218.77M

0

FY undefined

10

Date

9/9/2021

2/18/2021

6/3/2020

1/15/2019

1/18/2018

Round

Series E

Series D - II

Series D

Series C

Series B

Amount

$510M

$99M

$99M

$99M

$99M

Investors

Valuation

$99M

$99M

$99M

$99M

$218.77M

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

Sources

32

10

10

10

10

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Varo Deal Terms

3 Deal Terms

Varo's deal structure is available for 3 funding rounds, including their Series E from September 09, 2021.

Round

Series E

Series B

Series A

Funding Date

$99M

$99M

$99M

Pre-Money Valuation

$99M

$99M

Post-Money Valuation

$99M

$99M

Amount Raised

$99M

$99M

$99M

Shares Authorized

Issuance Price

$99M

Dividend Rate

Liquidation Preferences

$99M

Liquidation Price

Participation

Conversion Price

Anti Dilution

$99M

General Voting

$99M

$99M

$99M

Board Voting

$99M

$99M

$99M

Par Value

Round

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Series E

$99M

$99M

$99M

$99M

$99M

$99M

Series B

$99M

$99M

$99M

$99M

Series A

$99M

$99M

$99M

$99M

$99M

$99M

$99M

$99M

$99M

Varo Investors

15 Investors

Varo has 15 investors. Warburg Pincus invested in Varo's Series E funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

5/2/2016

9/9/2021

6
Series A, Series A - II (2016), Series B (2018), Series C (2019), Series D - II (2021), Series E (2021)

Private Equity

New York

1/18/2018

9/9/2021

5
Series B, Series C (2019), Series D (2020), Series D - II (2021), Series E (2021)

Private Equity

Texas

6/3/2020

9/9/2021

3
Series D, Series D - II (2021), Series E (2021)

Private Equity

Massachusetts

00/00/0000

00/00/0000

Gallatin Point Capital

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Private Equity

Connecticut

00/00/0000

00/00/0000

BlackRock

Subscribe to see more

Asset/Investment Management

New York

First funding

5/2/2016

1/18/2018

6/3/2020

00/00/0000

00/00/0000

Last Funding

9/9/2021

9/9/2021

9/9/2021

00/00/0000

00/00/0000

Investor

Gallatin Point Capital

BlackRock

Rounds

6
Series A, Series A - II (2016), Series B (2018), Series C (2019), Series D - II (2021), Series E (2021)
5
Series B, Series C (2019), Series D (2020), Series D - II (2021), Series E (2021)
3
Series D, Series D - II (2021), Series E (2021)

Subscribe to see more

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Board Seats

Type

Private Equity

Private Equity

Private Equity

Private Equity

Asset/Investment Management

Location

New York

Texas

Massachusetts

Connecticut

New York

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  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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