# Varo Money funding: rounds and investors

> Varo Money has raised $45M across 1 round since 2018. Investors include Warburg Pincus and The Rise Fund. Every round with its source.

Source: https://millionrounds.com/company/varo-money (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Varo Money*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$45M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series B, $45M Jan 2018
- **Investors:** 2

See who backed them

## The rounds

- **Jan 2018** Series B **$45M** [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [The Rise Fund](https://millionrounds.com/fund/the-rise-fund) Reported by FinSMEs SEC filing: $38M sold, first sale Jan 2018

## Everyone who backed them

[Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **1** round

[The Rise Fund](https://millionrounds.com/fund/the-rise-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=varo-money).

## Also claim to have backed them

These 4 firms list Varo Money as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[LaurelCrest Partners](https://millionrounds.com/fund/laurelcrest-partners) Private equity Per its own site

[RM Venture Partners](https://millionrounds.com/fund/rm-venture-partners) VC firm Per its own site

[Stack Capital](https://millionrounds.com/fund/stack-capital) Private equity Per its own site

[Walker Street Capital](https://millionrounds.com/fund/walker-street-capital) VC firm Per its own site

## Quick answers about Varo Money

### Who invested in Varo Money?

Varo Money's investors include Warburg Pincus and The Rise Fund.

### How much has Varo Money raised?

Varo Money has raised $45M across 1 round since 2018.

### When did Varo Money last raise?

Varo Money's most recent round was a Series B of $45M in Jan 2018.

### What was Varo Money's biggest round?

Its most recent round, $45M in Jan 2018, is also its largest on record.

### Who backed Varo Money first?

Varo Money's first round on record, in Jan 2018, was backed by Warburg Pincus and The Rise Fund.

### What stage is Varo Money at?

Varo Money's latest named round is a Series B, in Jan 2018.

### Where is Varo Money based?

Varo Money is based in the United States.

## Companies like Varo Money

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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