About Vara
Vara is a Healthcare company based in Berlin (Germany) founded in 2016 by Stefan Bunk. Vara has raised $20.33 million across 3 funding rounds from investors including Plug and Play Tech Center, IBB Ventures and FJH die Steckverbinder. The company has 26 employees. Vara offers products and services including Vara Platform. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity in India is Vara Ai India Private Limited (U62099MH2024FTC427404).
Company details
Provider of AI-based breast cancer screening software for clinics. It detects normal mammograms and flags according to their severity. It develops reports according to the findings of the platform. It can be integrated with RIS and PACS software.
- Headquarters Berlin, Germany
- Employees 26
- Founders Stefan Bunk
- SectorsHealthcare
- Email••••••••
- Website vara.ai
- Social LinkedIn
- Legal Name Vara Ai India Private Limited
- Date of Incorporation 21 Jun, 2024
- Jurisdiction Mumbai, Maharashtra, India
- Total Equity Funding$20.33M (USD)
in 3 rounds
- Latest Funding Round$8.9M (USD), Series A
Oct 2024
- InvestorsPlug and Play Tech Center
& 10 more
- Employee Count26
Associated legal entities of Vara
Vara operates through Vara Ai India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vara Ai India Private Limited CIN U62099MH2024FTC427404 | Active | 21 Jun 2024 | Mumbai, Maharashtra | 2 | View details |
Products & Services of Vara
Vara offers a comprehensive portfolio of products and services, including Vara Platform.
AI-driven tool for enhancing breast cancer screening processes
Funding Insights of Vara
Vara has successfully raised a total of $20.33M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8.9 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20.33M
- Total Rounds 3
- Last Round Series A — $8.9M
- First Round $7M
(Jun 2020)
- Investors Count 11
All 3 funding rounds of Vara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $8.9M | Series A | – | IBB Ventures, FJH die Steckverbinder | – |
| Oct 2022 | $4.43M | Series A | – | VI Partners | |
| Jun 2020 | $7M | Series A | – | OMERS |
11 investors in total: 11 institutional.
Investors in Vara
Vara has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, IBB Ventures and FJH die Steckverbinder.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | ibbventures.de | Berlin, Germany | ||
Early-stage venture capital is invested in US and Europe. | vipartners.ch | Altendorf, Switzerland | ||
Early-stage tech & life sciences focused VC firm investing in geographies such as Europe | think-health.de | Furstenfeldbruck, Germany | ||
EQT Foundation is focused on supporting impact-driven initiatives. | eqtfoundation.com | |||
Early-stage technology-driven companies are targeted for venture capital investments. | omersventures.com | Toronto, Canada | ||
Soleria is engaged in early stage venture capital investments. | 2015 | soleriacapital.com | Munich, Germany | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
| med360.at | ||||
Merantix is focused on driving impactful AI solutions in Europe. | merantix.com | Berlin, Germany | ||
Investor details for Vara
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vara Ai India Private Limited (Vara)
Vara Ai India Private Limited is the primary company behind Vara. The board of Vara Ai India Private Limited currently have 2 directors; the longest-serving is Rory Luiz Araujo Ribeiro Junior, appointed in 2024. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rory Luiz Araujo Ribeiro Junior DIN 10676564 | Director | 21 Jun 2024 | 2 yrs 4 mo | Vara Ai India Private Limited |
| Ashwin Bhat Dwarakanath DIN 07578284 | Additional Director | 10 Apr 2025 | 1 yr 7 mo | Vara Ai India Private Limited |
People of Vara
19 people are tracked at Vara (8 in leadership, 11 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Stefan Bunk | Co-Founder & CTO | Leadership |
Miriam Klemke | Head Of Global Regulatory Affairs & Market Access | Leadership |
Jonas Muff | CEO / Founder | Leadership |
Maximilian Brandstätter | Director of Product | Leadership |
| Head of Finance and Operations | Leadership | |
Daniel Stephens | Head Of Software Engineering | Leadership |
Philipp R.B. Dollwetzel | Vice President It, Operations & Information Security | Leadership |
Dr Jonathan Cuevas | Head Of Growth Latam & Global Insurance Director | Leadership |
Benjamin Strauch | Software Engineer | Team |
Dominik Schüler | Data Engineer | Team |
Dipti Ganeriwala | Product Design Lead | Team |
Renata Shaykhova | Finance Manager | Team |
Carla Gerlach | Business Development Managerin | Team |
Dr. Med. Moritz Brehmer | Medical Consultant | Team |
Elizabeth van Liew | Venture Development Manager | Team |
Divya G. | Regulatory Affairs | Team |
Suvrat Apte | Senior Clojure(script) Engineer | Team |
Michael Ball | Machine Learning Engineer | Team |
Christian Leibig | Machine Learning Advisor | Team |
Complete people profiles for Vara
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Vara
3 dated milestones of Vara across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Vara is founded.
- Funding First funding round of $7.0M.
- Funding Latest funding round, Series A, of $8.9M.
Web traffic of Vara
The website of Vara (vara.ai) receives about 6.5K visits a month.
- Monthly visits6.5K
▼ 28.6% vs previous month
Websites whose visitors overlap most with Vara. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vara-sf.com | vara-sf.com | 100% | #2,754,205 | – |
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Frequently Asked Questions about Vara
Vara was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Vara is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Vara is a funded company, having raised a total of $20.33M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jun 2020.
Vara has 26 employees.
Provider of AI-based breast cancer screening software for clinics. It detects normal mammograms and flags according to their severity. It develops reports according to the findings of the platform. It can be integrated with RIS and PACS software.
Vara offers Vara Platform.
Vara has 11 investors. Key investors include Plug and Play Tech Center, IBB Ventures, FJH die Steckverbinder, VIP Partners, and Med360.
Vara operates through Vara Ai India Private Limited.
The legal entities of Vara currently have 2 directors, including Rory Luiz Araujo Ribeiro Junior, Ashwin Bhat Dwarakanath.