Varo key facts
as of Oct 2026- Developer of a financial platform designed to improve the mobile banking experience.
- Varo is valued at approximately $1.9B as of Oct 2026 (last reported valuation).
- It has raised $1.2B; the latest was Later Stage VC ($123.9M) in Feb 2026.
- Notable investors include Gaingels, Calm Ventures, Evolution VC Partners, OurCrowd, Raptor Group — 52 tracked in total.
- Status: Privately Held (backing).
Varo's last reported valuation, Jan 2023. Nothing priced has surfaced since.
- ·The complete investor list: 52 names
- ·Watch Varo: the Monday email on marks, rounds and moves
Varo funding rounds
No funding rounds for Varo are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Varo
52+Varo valuation
Varo's last reported valuation was $1.9 billion in Jan 2023. No priced round, secondary trade or fund mark has surfaced since.
Varo investors
52 investors are on record for Varo, including Gaingels, Calm Ventures, Evolution VC Partners and OurCrowd. By type, the record holds 11 venture capital firms and 4 family offices.
About Varo
Developer of a financial platform designed to improve the 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 direct deposits, and online bill payment, and also offers access to other financial applications, enabling users to make smart financial decisions and progress.
- Sector
- Financial Services
- HQ
- San Francisco, CA, United States
- Founded
- 2015
- Employees
- 508
- Website
- varomoney.com/
- Ownership
- Privately Held (backing)
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