Tech Company Financing Transactions

Varo Money Funding Round

Varo Money, based in San Francisco, raised $241 million in funding from Gallatin Point Capital, The Rise Fund and HarbourVest Partners.

Transaction Overview

Company Name
Announced On
6/4/2020
Transaction Type
Venture Equity
Amount
$241,000,000
Round
Series D
Investors

Gallatin Point Capital (Lead Investor) (Lee Sachs)

The Rise Fund (Lead Investor) (Maya Chorengel)

HarbourVest Partners

Progressive Investment Company (Andrew Quigg)

Proceeds Purpose
The investment will be used to fuel Varo's growth and to help Varo innovate across a range of financial products to build the financial resilience of everyday Americans.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
111 Sutter St.
San Francisco, CA 94104
USA
Email Address
Overview
Varo is led by former financial exec and fintech entrepreneur Colin Walsh. He has assembled a passionate team of his smartest friends, with deep experience in financial services, design, big data, engineering and mobile product development. Together, we're building a next generation consumer banking experience for today and tomorrow.
Profile
Varo Money LinkedIn Company Profile
Social Media
Varo Money Company Twitter Account
Company News
Varo Money News
Facebook
Varo Money on Facebook
YouTube
Varo Money on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Colin Walsh
  Colin Walsh LinkedIn Profile  Colin Walsh Twitter Account  Colin Walsh News  Colin Walsh on Facebook
Chief Financial Officer
Thibault Fulconis
  Thibault Fulconis LinkedIn Profile  Thibault Fulconis Twitter Account  Thibault Fulconis News  Thibault Fulconis on Facebook
Chief Operating Officer
Wesley Wright
  Wesley Wright LinkedIn Profile  Wesley Wright Twitter Account  Wesley Wright News  Wesley Wright on Facebook
Chief Technical Officer
Deep Varma
  Deep Varma LinkedIn Profile  Deep Varma Twitter Account  Deep Varma News  Deep Varma on Facebook
VP - General Counsel
Marina Gracias
  Marina Gracias LinkedIn Profile  Marina Gracias Twitter Account  Marina Gracias News  Marina Gracias on Facebook
VP - Human Resources
May O'Neal
  May O'Neal LinkedIn Profile  May O'Neal Twitter Account  May O'Neal News  May O'Neal on Facebook


 

 

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About Database of VC Transactions

We do our best to record every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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