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Varo's revenue is $41.4 million.

What is Varo's revenue?

Varo's annual revenue is $41.4M. Zippia's data science team found the following key financial metrics about Varo after extensive research and analysis.
  • Varo has 587 employees, and the revenue per employee ratio is $70,579.
  • Varo peak revenue was $41.4M in 2024.

On this page

Peak revenue
$41.4M (2025)
Company peak revenue
Revenue / employee
$70,579
Company revenue / employee

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Peak revenue
$41.4M (2025)
Company peak revenue
Revenue / employee
$70,579
Company revenue / employee

Varo financing

Varo received early financing of $28.4M on 2016-05-02.

SeriesRound sizeDate
Private Equity$28.4M05/2016
Debt Financing$5M01/2017
Series B$45M01/2018
Series C$100M07/2019
Series D$241M06/2020
Corporate Round$63M02/2021
Series E$510M09/2021

Varo investors

InvestorsSecurity type
Warburg PincusPrivate Equity
Silicon Valley BankDebt Financing
Warburg PincusSeries B
The Rise FundSeries B
Manatt Venture FundSeries B
Warburg PincusSeries C
The Rise FundSeries C
Gopher Asset ManagementSeries C
GaingelsSeries C
Firebolt VenturesSeries D
Gallatin Point CapitalSeries D
Progressive InsuranceSeries D
Sujay JaswaSeries D
Jeff SkollSeries D
Spencer SlaineSeries D
Paul Hewson (Bono)Series D
HarbourVest PartnersSeries D
The Rise FundSeries D
GaingelsSeries D
Russell Westbrook EnterprisesCorporate Round
Gallatin Point CapitalSeries E
Warburg PincusSeries E
EldridgeSeries E
Holland George Capital ManagementSeries E
Declaration PartnersSeries E
Marshall WaceSeries E
Berkshire PartnersSeries E
Lone Pine CapitalSeries E
HarbourVest PartnersSeries E
BlackRockSeries E
The Rise FundSeries E

Varo revenue FAQs

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Zippia gives an in-depth look into the details of Varo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Varo. The employee data is based on information from people who have self-reported their past or current employments at Varo. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Varo. The data presented on this page does not represent the view of Varo and its employees or that of Zippia.

Varo may also be known as or be related to Varo, Varo Money Inc. and Varo Money, Inc.