Varo
PrivateLast Round
Series G
Jan 31, 2025
Est. Valuation
$1.85B
Total Funding Raised
$1.07B
Momentum Score
25 /100
Company Overview
Varo is a fintech company that enhances the mobile banking experience by offering services such as financial insights, real-time budgeting, cash flow predictions, direct deposits, and online bill payments, while also providing access to additional financial applications to help users make informed financial decisions.
Sector
FinTech
Verticals
Digital Banking, Lending & Credit, Personal Finance, Digital Payments
Business Model
B2C
Customer Profile
Payment Processing Fee, Usage-Based SaaS, Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Varo Comps
Public and private peers based on sector, stage, and business model.
Varo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series G | Jan 31, 2025 | ||||
| Growth Equity | Mar 5, 2023 | ||||
| Series E | Sep 9, 2021 | ||||
| Series D Extension | Feb 18, 2021 | ||||
| Series D | Jun 3, 2020 | ||||
Series C | Jul 16, 2019 |
Key People
Founding team and executive leadership
Varo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Gallatin Point Capital | Series D Extension, Series E, Series D |
| Progressive Insurance | Series D |
| Noah Holdings | Series C |
| Stack Capital Group | Series E |
| HarbourVest Partners | Series D, Series D Extension, Series E |
| Russell Westbrook Enterprises | Series D Extension |
| Eldridge Industries | Series E |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 6, 2026
Integration to enhance debit card engagement and cash back benefits.
- Apr 1, 2026
First consumer fintech to receive a national bank charter.
Varo 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 Varo's valuation, stock price, and market status.
