About Varo Money
Varo Money is a private company based in San Francisco, California. It has reported $1,058,005,374 raised in eight offerings on Form D since May 2016. Its chief executive is Gavin Michael.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jan 31, 2025 | Feb 14, 2025amended Feb 5, 2026 | $123,908,625of $155.0M target | 18 | $6.8M | Equity, Debt, OptionsRule 506(b) | Form D/A ↗1 earlier filing |
| Jul 30, 2021 | Sep 23, 2021 | $509,844,149of $520.0M target | 145 | $3.5M | EquityRule 506(b) | Form D ↗ |
| Feb 10, 2021 | Feb 25, 2021 | $62,826,278of $65.0M target | 33 | $1.9M | EquityRule 506(b) | Form D ↗ |
| Dec 19, 2019 | Jan 3, 2020amended Jun 24, 2020 | $240,880,415of $280.0M target | 122 | $1.9M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Dec 28, 2018 | Jan 15, 2019 | $65,000,000of $100.0M target | 7 | $9.2M | EquityRule 506(b) | Form D ↗ |
| Jan 11, 2018 | Jan 19, 2018 | $38,112,904of $45.0M target | 38 | $1.0M | EquityRule 506(b) | Form D ↗ |
| Nov 4, 2016 | Nov 15, 2016 | $5,333,003of $16.0M target | 16 | $333K | EquityRule 506(b) | Form D ↗ |
| Apr 29, 2016 | May 16, 2016 | $12,100,000fully sold | 28 | $432K | EquityRule 506(b) | Form D ↗ |
| Total, eight offerings | $1,058,005,374 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Varo Money's Form D filed Feb 5, 2026.
Earlier filings also listed Thibault Fulconis (executive officer, last listed Sep 2021), Roy Swan (director, last listed Sep 2021), Mariana Gracias (executive officer, last listed Sep 2021), Lewis Sachs (director, last listed Sep 2021), Todd Schell (director, last listed Jun 2020), Elizabeth Gilson (executive officer, last listed Jan 2018), Kevin Moss (director, last listed Nov 2016) and Donald Van de Mark (director, last listed May 2016).