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 co-invested 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 (49)

• Uniswap
• aPriori Technologies
• Blockaid
• Turnkey
• Tessera
• Morpho Labs
• Variant portfolio companies 2026
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