Overview
TrueUp
Trajectory Score
29
/100
Business
Digital bank
Founded
11 years ago
2015
Employees
500
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. 500 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
Latest secondary valuation
$0.5billion
80% from last round
Estimate as of May 4, 2026
Data source: Caplight
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
$5.0 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
Employees
500
Rankings and awards
Inc. 5000
2024
Inc. 5000
2023
