Varo (Series D)

Funding Details
Awarder
Inbox
Date Award
January 15, 2023
Vertical
Financial Services
Funding URL
View Funding Page
Premoney Valuation
$1,100,000,000
Valuation
$1,200,000,000
Funding Amount:
$100,000,000

Company Info
Founding Year
2015
Traction
Varo has achieved over 1 million users and has processed over $5 billion in transactions.
Revenue Amount
$50,000,000
ARR
$30,000,000
Organizations Involved
Goldman Sachs, JPMorgan Chase
Founders
Colin Walsh, Ivo Tjan
Company Description
Varo is a digital banking platform that offers a range of financial services, including savings accounts, checking accounts, and personal loans, all managed through a mobile app.
Market
Digital Banking
Location
San Francisco, California, USA
Coinvestors
The Rise Fund, Accel Partners

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