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Varo Money logo

Varo Money

Varo is an American mobile only neobank based in San Francisco, California. The company provides financial services through its mobile app and currently has 1 million customers.

varomoney.com

Founded

2015

Employees

Between 500 - 1,000 employees

Raised

$992,400,000

Headquarters Location

111 Sutter Street Floor 13, San Francisco, CA 94104.0

Public

FALSE

Acquired

FALSE

CEO

Colin Walsh

Competitors

Data provided by Diffbot

Funding Rounds

$510,000,000

  • VNTR Capital
  • Holland George Capital Management
  • Declaration Partners LP
  • Marshall Wace
  • Lone Pine Capital
  • HarbourVest Partners
  • BlackRock, Inc.
  • Gallatin Point Capital
  • Warburg Pincus
  • Eldridge
  • Sand Hill Angels
  • Berkshire Partners
  • Propel
  • Stack Capital Group
  • The Rise Fund

September 2021

$63,000,000

  • Russell Westbrook

February 2021

$241,000,000

  • Firebolt Ventures
  • Gallatin Point Capital
  • Progressive Insurance
  • Sujay Jaswa
  • Jeff Skoll
  • Sand Hill Angels
  • Spencer Slaine
  • Paul Hewson (Bono)
  • HarbourVest Partners
  • The Rise Fund
  • Gaingels

June 2020

$100,000,000

  • Warburg Pincus
  • The Rise Fund
  • Gopher Asset Management
  • Gaingels

July 2019

$45,000,000

  • Warburg Pincus
  • The Rise Fund
  • Manatt Venture Fund
  • Gaingels

January 2018

$5,000,000

  • Silicon Valley Bank

January 2017

$28,400,000

  • Warburg Pincus

May 2016

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