Variational
PrivateLast Round
Series A
May 20, 2026
Total Funding Raised
$61.8M
Momentum Score
50 /100
Company Overview
Variational is a fintech company that provides a peer-to-peer trading protocol for perpetuals and generalized derivatives on the Arbitrum network.
Sector
Crypto & Web3
Verticals
DeFi, Crypto Exchanges, Blockchain Infrastructure, Smart Contracts
Business Model
B2C
Customer Profile
Marketplace Commission, Freemium, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Variational Comps
Public and private peers based on sector, stage, and business model.
Variational Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | May 20, 2026 | ||||
| Strategic | Jun 4, 2025 | ||||
| Seed | Oct 23, 2024 |
Variational Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Dragonfly Capital | Series A |
| Bain Capital Crypto | Series A, Seed |
| Peak XV Partners | Series A, Seed |
| Dragonfly | Seed |
| Zoku Ventures | Strategic |
| Dragonfly | Series A |
| Hack VC | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 20, 2026
$50M round led by Dragonfly Capital.
- Jun 4, 2025
$1.5M raised in a strategic round.
Variational Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Variational's valuation, stock price, and market status.
