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Variance

Variance

Private
San Francisco, CaliforniaEnterprise Softwarehttps://variance.com

Last Round

Series A

Mar 31, 2026

Est. Valuation

$88.43M

Total Funding Raised

$24.6M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Variance operates in Enterprise Software and is based in San Francisco, California. Its latest recorded funding round was a Series A round in March 2026.

Variance is a software company that provides an AI-powered autonomous agent system designed to detect threats, investigate fraud, and enforce mission-critical decisions for trust and safety teams.

Sector

Enterprise Software

Verticals

Sales Enablement, CRM, Data Integration, Business Intelligence, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Variance Comparables

Compare Variance with similar companies based on industry and business-model similarity.

Variance comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Endgame
93%
Minro
62%
Fivetran
61%
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Variance Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMar 31, 2026
SeedJan 2, 2024
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Key People

Founding team and executive leadership

Karine Mellata

Co-Founder & CEO

Founding Team

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Variance Investors

Notable investors and investment history

Variance investors
InvestorRounds
Okta VenturesSeed, Series A
645 VenturesSeed, Series A
Ten Eleven VenturesSeries A
Urban Innovation FundSeries A, Seed
Y CombinatorSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors grew 108% MoM, reaching 19K.

  • May 26, 2026

    Grew 31% QoQ, from 13 to 17 employees.

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Variance Filings

Explore SEC and related filing metadata, where available.

Variance filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

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Frequently Asked Questions

Common questions about Variance's valuation, stock price, and market status.

Is Variance a public or private company?

Variance is a private company.

What is the current stock price of Variance?

Variance is a private company, so its shares have no public market price. Caplight tracks Variance's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Variance worth (valuation)?

Variance's valuation is estimated at $88.4M based on funding round data.

Can I buy Variance stock?

Variance shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Variance's last funding round?

Variance's most recent funding round was Series A on March 31, 2026.

Who are the main investors in Variance?

Key investors in Variance include Ten Eleven Ventures, Urban Innovation Fund.

Will Variance IPO soon?

No public IPO plans have been announced for Variance.

How can I track Variance secondary market activity?

Caplight tracks bids, offers, and trades in Variance's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range12
Year Founded2023
Last FundingMar 31, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

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