Your Source for Venture Capital and Private Equity Financings

Varo Snares $510M Funding Round

SAN FRANCISCO, CA, Varo, an all-digital bank, has closed a $510 million oversubscribed funding round led by new investor Lone Pine Capital.
SAN FRANCISCO, CA, Varo Bank, an all-digital, nationally chartered bank, announced it closed a $510 million oversubscribed funding round. The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors including Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners/ Stockbridge, and funds and accounts managed by BlackRock.

These new investors add to a distinguished group of existing investors who have also participated in the round including Warburg Pincus, The Rise Fund, Gallatin Point Capital, and HarbourVest Partners.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000 startups and 5,000 VC investors