Varo Bank

Varo is a California-based neo banking platform that offers solutions such as digital banking and spend management for individuals and businesses.

Business Model: B2B

Revenue: $180M

Employees: 501-1,000

Detailed Varo Bank Information

Geographic Data

Varo Bank headquarters map

Address: 100 Montgomery

City: San Francisco

State: CA

Zip: 94108

Country: US

Financial Info

Stage:

series e

Raised Last:

$510M

Raised Total:

$992M

Metrics

8,940Website Global Rank

14,362,986Website Monthly Traffic

Twitter Followers

Description

Varo is a California-based neo banking platform that offers solutions such as digital banking and spend management for individuals and businesses.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2019 Series C 4 $100M Warburg Pincus
The Rise Fund
Gopher Asset Management
Gaingels
6/2020 Series D $0 Gallatin Point Capital
Jeffrey S. Skoll
Paul Hewson (Bono)
The Rise Fund
Progressive Insurance
Firebolt Ventures
Gaingels
HarbourVest Partners
Sand Hill Angels
Spencer Slaine
Sujay Jaswa
Gallatin Point Capital
Jeffrey S. Skoll
Paul Hewson (Bono)
The Rise Fund
Progressive Insurance
Firebolt Ventures
Gaingels
HarbourVest Partners
Sand Hill Angels
Spencer Slaine
Sujay Jaswa
2/2021 Corporate Round $0 Russell Westbrook Enterprises
Russell Westbrook Enterprises
12/2018 Equity $65M
12/2019 Series D $241M Gallatin Point Capital
The Rise Fund
HarbourVest
Progressive Insurance
Warburg Pincus LLC
Elevar Equity
1/2018 Series B 4 $45M The Rise Fund
Warburg Pincus
Manatt Venture Fund
Gaingels
The Rise Fund
Warburg Pincus
9/2021 Series E $0 Berkshire Partners
BlackRock
Declaration Partners
Eldridge
Gallatin Point Capital
HarbourVest Partners
Holland George Capital Management
Lone Pine Capital
Marshall Wace
Propel(X)
Sand Hill Angels
Stack Capital
The Rise Fund
VNTR Capital
Warburg Pincus
Berkshire Partners
BlackRock
Declaration Partners
Eldridge
Gallatin Point Capital
HarbourVest Partners
Holland George Capital Management
Lone Pine Capital
Marshall Wace
Propel(X)
Sand Hill Angels
Stack Capital
The Rise Fund
VNTR Capital
Warburg Pincus
5/2016 Series A 1 $28.4M Warburg Pincus
Warburg Pincus
1/2017 Debt Financing 1 $5M Silicon Valley Bank
9/2021 Series E 15 $510M Lone Pine Capital
Declaration Partners
Eldridge
Marshall Wace
Berkshire Partners/Stockbridge
BlackRock
Warburg Pincus
The Rise Fund
Gallatin Point Capital
HarbourVest Partners
Berkshire Partners
BlackRock
Declaration Partners
Eldridge
Gallatin Point Capital
HarbourVest Partners
Holland George Capital Management
Lone Pine Capital
Marshall Wace
Propel(X)
Sand Hill Angels
Stack Capital
The Rise Fund
VNTR Capital
Warburg Pincus
2/2021 Private Equity Round 1 $63M Russell Westbrook Enterprises,
Warburg Pincus
The Rise Fund
Gallatin Point Capital
HarbourVest Partners
Russell Westbrook Enterprises
6/2020 Series D 11 $241M Gallatin Point Capital
Jeffrey S. Skoll
Paul Hewson (Bono)
The Rise Fund
Gallatin Point Capital
Jeffrey S. Skoll
Paul Hewson (Bono)
The Rise Fund
Announced Date Name Price

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