Varo

San Francisco, CA · Founded 2015 · Privately Held (backing)

Developer of a financial platform designed to improve the mobile banking experience. Varo is based in San Francisco, CA and was founded in 2015. Its last reported valuation was $1.9 billion in Jan 2023. It has raised $1.2 billion.

Last reported valuation
$1.9B
Oct 2026
Priced at
—
Total raised
$1.2B
Last round
—
What is Varo worth?
$1.9Blast reported valuation · Oct 2026

Varo's last reported valuation, Jan 2023. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Varo funding history

No rounds on record

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.

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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.

How Varo's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Varo, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Varo

What is Varo worth?
Varo is valued at $1.9B as of Oct 2026. Varo's last reported valuation, Jan 2023. Nothing priced has surfaced since.
How much has Varo raised?
Varo has raised $1.2B in total funding across its recorded rounds.