Vara

Berlin, Germany Founded: 2016 • Age: 10 yrs
Provider of AI-based breast cancer screening software for clinics
Annual revenue - Latest available
Total funding $20.3M 3 rounds
Employees 26 Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Vara

Vara is a 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 as of December 31, 2021. Vara offers products and services including Vara Platform. Vara operates in a competitive market with competitors including Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others.

  • Headquarter Berlin, Germany
  • Employees 26 as on 31 Dec, 2021
  • Founders Stefan Bunk
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vara Ai India Private Limited
  • Date of Incorporation 21 Jun, 2024
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20.33 M (USD)

    in 3 rounds

  • Latest Funding Round
    $8.9 M (USD), Series A

    Oct 29, 2024

  • Investors
  • Employee Count
    26

    as on Dec 31, 2021

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Products & Services of Vara

Vara offers a comprehensive portfolio of products and services, including Vara Platform.

Product name locked
Category locked
Primary

AI-driven tool for enhancing breast cancer screening processes

People of Vara

Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Miriam Klemke
Head Of Global Regulatory Affairs & Market Access
People
Benjamin Strauch
Software Engineer
People
Maximilian Brandstätter
Director of Product
People
Rory Ribeiro
Head of Finance and Operations

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on multiple sectors
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Early-stage venture capital is invested in US and Europe.
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Early-stage tech & life sciences focused VC firm investing in geographies such as Europe
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Investor details for Vara

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Investments & Acquisitions by Vara

Investments
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Investment portfolio details for Vara

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Financial Statements - Vara

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Detailed financials for Vara

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Vara Comparisons

Vara Primary company
Description
Provider of AI-based breast cancer screening software for cl...
Location
Berlin, Germany
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
26
As of 2021
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Peer comparison for Vara

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Competitors of Vara

Vara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others.

Company Name Domain Founded year HQ Location Description
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Precision medicine software for liver disease diagnosis is offered.
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AI-powered solutions for medical imaging diagnostics
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AI-based medical image management and analysis solutions for healthcare organizations
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Provider of AI and SaaS-based medical image based decision support tools
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AI-augmented diagnostic tools for radiology imaging are developed.
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AI-driven solutions for medical diagnostic imaging are developed.
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Detailed competitors of Vara

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Latest news on Vara

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Complete news archive for Vara

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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.

As of Dec 31, 2021, the latest employee count at Vara is 26.

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's top competitors include Perspectum, Qure.ai and Deeptek.

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.

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