About Variable
Variable is a company based in Chattanooga (United States) founded in 2009.. Variable has raised $3.53 million across 5 funding rounds from investors including Atlanta Technology Angels, Chattanooga Renaissance Fund and Pangea’s Edge. The company has 10 employees as of December 31, 2022. Variable operates in a competitive market with competitors including Dryad Networks, Whisker Labs, SAUTER, EnOcean and InvenSense, among others.
- Headquarter Chattanooga, United States
- Employees 10 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.64 K (USD)1642as on Mar 31, 2023
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Net Profit
$-783.77 (USD)-54as on Mar 31, 2023
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EBITDA
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Total Equity Funding
$3.53 M (USD)
in 5 rounds
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Latest Funding Round
$250 K (USD), Series A
Feb 24, 2014
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Investors
Atlanta Technology Angels
& 2 more
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Employee Count
10
as on Dec 31, 2022
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Funding Insights of Variable
Variable has successfully raised a total of $3.53M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $250 thousand completed in February 2014. 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 Total Funding
- Total Rounds 5
- Last Round Series A — $250,000
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First Round
First Round
(01 Mar 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2014 | Amount | Series A - Variable | Valuation |
investors |
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| Jun, 2013 | Amount | Grant - Variable | Valuation |
investors |
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| Jun, 2013 | Amount | Series A - Variable | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Variable
Variable has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Atlanta Technology Angels, Chattanooga Renaissance Fund and Pangea’s Edge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investments are provided across Atlanta and Georgia.
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Founded Year | Domain | Location | |
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Seed and early-stage VC investments are made in the US.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Variable
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Variable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Variable Comparisons
Competitors of Variable
Variable 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 Dryad Networks, Whisker Labs, SAUTER, EnOcean and InvenSense, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wildfire detection and forest monitoring networks and platforms are developed.
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| domain | founded_year | HQ Location |
Provider of sensor hardware and software infrastructure
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| domain | founded_year | HQ Location |
IoT-based building automation solutions are provided for environmental control.
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| domain | founded_year | HQ Location |
Energy-harvesting wireless technology is developed for automation and sensing applications.
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| domain | founded_year | HQ Location |
MotionTracking sensor system on chips with integrated motion and sound solutions
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| domain | founded_year | HQ Location |
4D vision sensing solutions are provided using FM CW technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Variable
Frequently Asked Questions about Variable
When was Variable founded?
Variable was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Variable located?
Variable is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.
Is Variable a funded company?
Variable is a funded company, having raised a total of $3.53M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.25M, raised on Mar 01, 2013.
How many employees does Variable have?
As of Dec 31, 2022, the latest employee count at Variable is 10.
What is the annual revenue of Variable?
Annual revenue of Variable is $1.64K as on Mar 31, 2023.
What does Variable do?
Variable Inc design and manufatures sensor platforms such as weather sensor platform, air quality measurement, color scanner, barcode reader etc. Their first product Node is a wireless sensor platform for smart devices which made its debut on Kickstarter where it raised 76,340 from over 373 backers. Node is a tube of sensors with most of the sensors built into the tip of the tube and includes accelerometers, barometers, thermometers, and gyroscopes. Their other product Node CO2 also had a debut on Kickstarter where it raised 26k from 132 bakers. It is a device to measure air quality anywhere at anytime. So far they have designed more than a dozen sensor platforms, for which they also provide open source code for application development.
Who are the top competitors of Variable?
Variable's top competitors include Whisker Labs, Dryad Networks and EnOcean.
Who are Variable's investors?
Variable has 3 investors. Key investors include Atlanta Technology Angels, Chattanooga Renaissance Fund, and Pangea’s Edge.
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