Overview
TrueUp
Trajectory Score
72
/100
Trajectory Rank
Business
Digital bank
Founded
11 years ago
2015
Employees
270
Valuation
$2.5 billion
Company type
Private - Venture-Backed
Varo is a Digital bank company. It is currently valued at $2.5 billion as a private company. 270 people work at Varo. The company was founded in 2015.
Company grid
Employee happiness →
Growth →
🚀
🐢
😊
😟
Jobs
No job info
Financials
Valuation
$2.5billion
Tech Unicorn
Last round - Sep 2021
Most recent funding
5 years ago
💸 ZIRP-era funding
Total funding
$992 million
Value 'created' (valuation - total funding)
+$1.5 billion
Lead Investor - Series A
Warburg Pincus
Valuation per employee
$9.3 million
Culture
Employee sentiment
Would recommend company
44%
200+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 86% of tech co's
Approve of CEO
Gavin Michael
76%
Sources: TrueUp, Glassdoor, Blind
People
Rankings and awards
Inc. 5000
2024
Inc. 5000
2023
Layoffs
Policies
Open jobs that are remote
N/A
H1B sponsorships (2025)
15
TrueUp
Rank
#443
