United States · 
Who invested in Variance?
Variance's investors include Y Combinator, 645 Ventures, Urban Innovation Fund, Ten Eleven Ventures and Okta Ventures. Ten Eleven Ventures led its latest round.
202420252026
$3.1MSeed$22MSeries A
United States · Series A startup
Who invested in Variance
2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 7 months ago
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Funding summaryUpdated 15 Nov 2026
$25Mraised across 2 rounds since 2023, from 3 sources
$3.1MSeed$22MSeries A
- Latest round
- Series A, $22MApr 2026
- Led by
- Ten Eleven Ventures
- Step-upi
- 6.9×
- Investors
- 5 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $3.1M Dec 2023
- Biggest round
- $22M Series A · Apr 2026
- Between rounds
- 2.3 years from the last two
The rounds
- Apr 2026Series A$22M2 new3 returning
Reported by Ventureburn and 1 other
- Dec 2023
Funding filed with regulators
Variance filed one raise, $5.1M in all. Filings say how much was sold and to how many investors; they never name the investors.
- May 2019$5.1MSEC Form D
Founders and team
From the SEC filings it signed: 2 on the team.
- James GrossExecutive Officer, Directori
- Noah BrierExecutive Officer, Directori
On the board, as filediSteve Schlafman
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Variance as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Variance
How much has Variance raised?
Variance has raised $25M across 2 rounds since 2023.
When did Variance last raise?
Variance's most recent round was a Series A of $22M in Apr 2026, led by Ten Eleven Ventures.
What was Variance's biggest round?
Its most recent round, $22M in Apr 2026, is also its largest on record.
Who backed Variance first?
Variance's first round on record, in Dec 2023, was backed by Y Combinator, 645 Ventures and Urban Innovation Fund.
What stage is Variance at?
Variance's latest named round is a Series A, in Apr 2026.
Where is Variance based?
Variance is based in the United States.
Who led Variance's rounds?
Ten Eleven Ventures led the Series A in 2026.
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