Who has invested in Varo Bank?

Warburg Pincus, The Rise Fund, Lone Pine Capital are named among the investors backing Varo Bank.

Varo Bank Funding: $992M Raised, Growth (2026)

Varo Bank funding overview

Varo Bank is based in Draper, Utah. Varo Bank has raised $992M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Growth announced in July 2026. The round record for Varo Bank runs through 2026; nothing later has been disclosed. Investors on record include Warburg Pincus, The Rise Fund, Lone Pine Capital. 3 distinct backers are named across the disclosed rounds.

Varo Bank at a glance

Total raised: $992M
Latest round: Growth
Latest round date: July 2026
Headquarters: Draper, Utah
Notable investors: Warburg Pincus, The Rise Fund, Lone Pine Capital

Frequently asked about Varo Bank funding

How much has Varo Bank raised?: Varo Bank has raised $992M in total disclosed funding across the rounds on record.
Who has invested in Varo Bank?: Warburg Pincus, The Rise Fund, Lone Pine Capital are named among the investors backing Varo Bank.
What was the latest Varo Bank funding round?: The most recent disclosed round is a Growth, announced in July 2026.
Where is Varo Bank based?: Varo Bank is based in Draper, Utah.
When did Varo Bank last raise?: The last disclosed Varo Bank round closed in July 2026 at Growth.

Totals shown for Varo Bank aggregate every disclosed round on file. To see how that compares, browse the companies in Draper and the investors behind them below.

Varo Bank Funding: $992M Raised, Growth (2026)

Varo Bank funding overview

Varo Bank at a glance

Frequently asked about Varo Bank funding

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