Variance

Variance

Private
San Francisco, CaliforniaCybersecurityhttps://www.variance.co/

Last Round

Series A

Mar 31, 2026

Total Funding Raised

$24.6M

Momentum Score

50 /100

Company Overview

Variance (formerly Intrinsic) is a technology company that provides a unified, AI-based platform of safety technologies for Trust & Safety teams. Founded in 2022 by former Apple Trust & Safety engineers, the company aims to help businesses build safer online platforms by integrating policy management, data engineering, moderator workflow management, and content understanding. Their solution enables teams to respond to evolving threats, automate manual reviews, and deploy end-to-end safety integrations quickly. Variance is backed by Y Combinator (W23 batch) and raised a $3.1M seed round in January 2024.

Sector

Cybersecurity

Verticals

Compliance & Risk, Threat Intelligence, Incident Response, Digital Identity

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

fraud preventionAI agentstrust and safetythreat detectionAI agent securityonline abuse preventionautomated investigationsrisk managementcompliance automationaccount takeover preventionbot detectiontransaction monitoringbrand safetyKYCknow your customerAMLanti-money laundering

Historical Pricing

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Caplight Momentum Score

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Variance Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Variance Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AMar 31, 2026
SeedDec 21, 2023

Key People

Founding team and executive leadership

Karine Mellata

Co-Founder CEO

Founding Team

Variance Investors

Notable investors and investment history

InvestorRounds
Okta VenturesSeed, Series A
645 VenturesSeed, Series A
Urban Innovation FundSeries A, Seed
Y CombinatorSeed, Series A
Ten Eleven VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    $22M Series A round completed.

  • Apr 7, 2025

    Added RedBubble Pty. Ltd. as a customer.

Variance Filings

SEC and related filings with document metadata.

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Variance Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Variance's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range13
Year Founded2022
Last FundingMar 31, 2026

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