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