About Varian
Varian is a company based in Palo Alto (United States) founded in 1948 was acquired by Siemens Healthineers in August 2020. It operates as a HealthTech. The company has 3,361 employees as of September 30, 2019. Varian has completed 15 acquisitions, including Applied Computational Technologies, Aspekt Solutions and CTSI. Varian offers products and services including Cancer Treatment Solutions. Varian operates in a competitive market with competitors including RefleXion, Tempus, Personalis, CancerIQ and Alpha Tau Medical, among others.
- Headquarter Palo Alto, United States
- Employees 3361 as on 30 Sep, 2019
- Stage Public
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$3.17 B-2as on Sep 30, 2020
-
Net Profit
$269.4 M-8as on Sep 30, 2020
-
EBITDA
$323.2 M-16as on Sep 30, 2020
-
Latest Funding Round
-
Investors
Siemens Healthineers
& 2 more
-
Employee Count
3361
as on Sep 30, 2019
-
Investments & Acquisitions
Applied Computational Technologies
& 14 more
-
Acquired by
Siemens Healthineers
(Aug 02, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Varian
Varian offers a comprehensive portfolio of products and services, including Cancer Treatment Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions for cancer treatment are developed and provided.
Unlock access to complete
Unlock access to complete
Funding Insights of Varian
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
-
First Round
First Round
(06 Aug 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Grant - Varian | Valuation |
investors |
|
| Nov, 2017 | Amount | Grant - Varian | Valuation |
investors |
|
| Jan, 2017 | Amount | Grant - Varian | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Varian
Varian has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Siemens Healthineers, European Union and OSTI.GOV. 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Scientific and technical information is managed and disseminated by OSTI.GOV.
|
Founded Year | Domain | Location | |
|
AI-based medical diagnostics are developed for healthcare applications.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Varian
Varian has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Applied Computational Technologies, Aspekt Solutions and CTSI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Staffing solutions, consulting, and compliance services are provided to clients.
|
2020 | ||||
|
Provides symptom reporting and patient monitoring bringing software for cancer care through mobile devices
|
2014 | ||||
|
Patient-specific recommendations are generated via EHR-integrated decision support.
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Varian
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Varian Comparisons
Competitors of Varian
Varian 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 RefleXion, Tempus, Personalis, CancerIQ and Alpha Tau Medical, 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 |
Biology-guided radiotherapy systems are provided for cancer treatment.
|
|
| domain | founded_year | HQ Location |
AI-based precision medicine solutions for oncology are provided.
|
|
| domain | founded_year | HQ Location |
Genomic sequencing and diagnosis software is provided for healthcare.
|
|
| domain | founded_year | HQ Location |
CancerIQ is focused on precision cancer prevention and care.
|
|
| domain | founded_year | HQ Location |
Radiotherapy technique for solid tumors is developed using alpha-emitting seeds.
|
|
| domain | founded_year | HQ Location |
Molecular cancer profiling is conducted via genomics and proteomics.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Varian
Frequently Asked Questions about Varian
When was Varian founded?
Varian was founded in 1948 and raised its 1st funding round 61 years after it was founded.
Where is Varian located?
Varian is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
How many employees does Varian have?
As of Sep 30, 2019, the latest employee count at Varian is 3,361.
What is the annual revenue of Varian?
Annual revenue of Varian is $3.17B as on Sep 30, 2020.
What does Varian do?
Varian is engaged in the development of advanced technologies and solutions for cancer treatment. The company operates within the healthcare sector, specifically targeting oncology through innovative equipment and services. Collaboration with Siemens Healthineers is emphasized to enhance breakthroughs in the field. Educational initiatives like webinars on oncology and technology usage are also provided to support safe and effective treatment practices.
Who are the top competitors of Varian?
Varian's top competitors include Tempus, RefleXion and Personalis.
What products or services does Varian offer?
Varian offers Cancer Treatment Solutions.
How many acquisitions has Varian made?
Varian has made 15 acquisitions, including Applied Computational Technologies, Aspekt Solutions, and CTSI.
Who are Varian's investors?
Varian has 3 investors. Key investors include Siemens Healthineers, European Union, and OSTI.GOV.