About Variance
Variance is a company based in San Francisco (United States) founded in 2022. It operates as a AI-as-a-Service, and Subscription Services. Variance has raised $3.23 million across 2 funding rounds from investors including Okta, Urban Innovation Fund and Y Combinator. Variance offers products and services including Autonomous Investigations, Policy Management, and AI Threat Hunting. Variance operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
- Headquarter San Francisco, United States
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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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- Legal Name Decoy Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.23 M (USD)
in 2 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Jan 02, 2024
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Investors
Okta
& 3 more
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Employee Count
Employee Count
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Products & Services of Variance
Variance offers a comprehensive portfolio of products and services, including Autonomous Investigations, Policy Management, and AI Threat Hunting. 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.
Threats are detected autonomously across massive data sets.
Policies are enforced using real-time regulation databases.
Hidden risks are identified through AI-driven analysis.
Funding Insights of Variance
Variance has successfully raised a total of $3.23M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in January 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 Total Funding
- Total Rounds 2
- Last Round Seed — $3.1M
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First Round
First Round
(01 Jun 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Variance | Valuation | Urban Innovation Fund | |
| Jun, 2023 | Amount | Seed - Variance | Valuation | Y Combinator |
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| 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 Variance
Variance has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Okta, Urban Innovation Fund and Y Combinator. 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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Seed-stage sector-agnostic VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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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 Variance
| 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 - Variance
| 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 |
Variance Comparisons
Competitors of Variance
Variance 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Embedded computing platforms are developed for industrial applications.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Software development services are provided via an AI-powered platform.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Variance
When was Variance founded?
Variance was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Variance located?
Variance is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Variance a funded company?
Variance is a funded company, having raised a total of $3.23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2023.
What does Variance do?
Variance, formerly Intrinsic, is engaged in providing AI-driven solutions for threat detection and policy management. The company serves industries such as content platforms, marketplaces, and financial services. Solutions are tailored for trust and safety, physical safety, and insider threat mitigation. Autonomous investigations are conducted over petabytes of data to uncover risks, while policies are enforced in real-time using updated libraries. Integration with existing systems is facilitated to automate workflows and mitigate risks efficiently.
Who are the top competitors of Variance?
Variance's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Variance offer?
Variance offers Autonomous Investigations, Policy Management, and AI Threat Hunting.
Who are Variance's investors?
Variance has 4 investors. Key investors include Okta, Urban Innovation Fund, Y Combinator, and 645 Ventures.