Variant

Variant accounts for 6 tracked companies with verified cap-table data, 6 of which disclose round sizes totalling $482M. The median disclosed raise is $83M, and the largest is Uniswap at $176M, ahead of aPriori Technologies ($123M) and Blockaid ($83M).

The names that recur most often on these portfolio cap tables are Variant (6 companies), Paradigm (2 companies), Sequoia Capital (2 companies), Polychain Capital (1 company), Andreessen Horowitz (1 company), SV Angel (1 company). By latest disclosed round, the market skews Series B (3), Series A (3).

• Companies tracked: 6
• Disclosed funding total: $482M across 6 companies
• Median disclosed raise: $83M
• Largest raise: Uniswap — $176M
• Stage mix: Series B 3 · Series A 3
• Most recent dated round: 2025-08-01

Best funded Variant companies

1. Uniswap — $176M (latest: Series B)
2. aPriori Technologies — $123M (latest: Series A)
3. Blockaid — $83M (latest: Series B)
4. Turnkey — $53M (latest: Series B)
5. Tessera — $28M (latest: Series A)
6. Morpho Labs — $19M (latest: Series A)

Variant — related firms and companies (48)

• Uniswap
• aPriori Technologies
• Blockaid
• Turnkey
• Tessera
• Morpho Labs
• Variant co-investors 2026
• Investors like Variant
• Investors like Founders Fund
• Investors like Foundry Group
• Investors like Battery Ventures
• Investors like Next47
• Investors like Liquid 2 Ventures
• Investors like Irving Investors
• Investors like Flybridge
• Investors like Canapi Ventures
• Investors like Betaworks
• Investors like Andreessen Horowitz
• Investors like ACME Capital
• Investors like Redpoint
• Investors like GSR Ventures
• Investors like 500 Global
• Investors like StepStone Group
• Investors like General Atlantic
• Investors like Ventioneers
• Firms like GV
• Investors like Balderton Capital
• Investors like Accomplice
• Investors like Lightspeed Venture Partners
• Investors like Storm Ventures
• Investors like Menlo Ventures
• Investors like boldstart ventures
• Investors like Tiger Global Management
• Investors like Salesforce Ventures
• Investors like Madrona
• Investors like Thirdbase Capital
• Investors like ARCH Venture Partners
• Investors like Plug and Play
• Investors like Thrive Capital
• Investors like Greylock
• Investors like Soma Capital
• Investors like Matrix
• Investors like QED Investors
• Investors like Meritech Capital Partners
• Investors like Forerunner
• Investors like International Finance Corporation
• Investors like General Catalyst
• Investors like Elemental Impact

Variant profile · All research reports