When was Vaarst founded?

Vaarst was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is Vaarst located?

Vaarst is headquartered in Bristol, United Kingdom.

Who is the current CEO of Vaarst?

Brian Allen of Vaarst. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Vaarst have?

As of Jul 01, 2024, the latest employee count at Vaarst is 28.

Is Vaarst a funded company?

Vaarst is a funded company, having raised a total of $26M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 01, 2022.

When was the latest funding round of Vaarst?

Vaarst's latest funding was a $***** Series B round on Nov 11, 2022, with participation from 2 investors. Its primary sector is Computer Vision. In United Kingdom, the Computer Vision sector has seen $1.32B in funding in 2026 to date.

Where does Vaarst rank among its competitors?

Vaarst ranks 20th amongst 242 active competitors, of which 45 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was BeeX, which secured $7.7M in Jun, 2026.

Who are the top competitors of Vaarst?

Vaarst's top competitors include Planys Technologies, EyeROV and XOCEAN. Among them, BeeX secured the most recent funding round in June, 2026.

Vaarst - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-based robotic analysis solutions for marine. It provides users with a cloud-based platform that uses computer vision technology to capture 3D point cloud, and for storing, managing, and analyzing data. Its features include 3D live streaming and geo-referencing capabilities.

Website: vaarst.com
Social
Email ID: *****@vaarst.com
Phone Number: +44 **********
Part Of

Key Metrics

Founded Year

2015

Location

Bristol, United Kingdom

Stage

Series B

Total Funding

$26M in 2 rounds

Latest Funding Round

Series B, Nov 11, 2022, $*****

Investors

Legal & General & 6 more

Ranked

20^th among 242 active competitors

Employee Count

28 as on Jul 01, 2024

Similar Companies

NextBillion AI & 494 more

View Vaarst's full profile

Vaarst is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
VAARST LIMITED CIN: 13245875 , Germany, Active	Mar 03, 2021	-	-

Vaarst has raised a total funding of $26M over 2 rounds. Its first funding round was on Apr 01, 2022. Its latest funding round was a Series B round on Nov 11, 2022 for $*****. 2 investors participated in its latest round. Vaarst has 7 institutional investors.

Here is the list of recent funding rounds of Vaarst:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 11, 2022	3278818	Series B	3434068	6399037	3240677	5712279
Apr 01, 2022	8015286	Series B	7883051	1794174	Legal & General	Equinor & 3 more

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View details of Vaarst's funding rounds and investors

The founders of Vaarst is Brian Allen.

Here are the details of Vaarst's key team members:

Brian Allen: Founder & CEO of Vaarst. They are also an angel investor in 1 startup and serve on the board of 1 company.

View details of Vaarst's Founder profiles and Board Members

Vaarst's employee count trend

Vaarst has 28 employees as of Jul 24. Here is Vaarst's employee count trend over the years:

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Top competitors of Vaarst include Planys Technologies, EyeROV and XOCEAN. Here is the list of Top 10 competitors of Vaarst, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Planys Technologies 2015, Chennai (India), Series B	Provider of marine underwater robotics inspection platform	$21.4M	Pratithi Investments, Manipal Group & 122 others	68/100
2nd	EyeROV 2016, Kochi (India), Seed	Provider of autonomous underwater vehicles and data analytics platform services	$3.44M	GAIL, Unicorn India Ventures & 13 others	67/100
3rd	XOCEAN 2017, Bergamo (Italy), Series C	Provider of uncrewed surface vessel ocean data acquisition services	$169M	VentureWave Capital, Morgan Stanley & 8 others	65/100
4th	Neptune Robotics 2019, Singapore (Singapore), Series B	Provider of robotic hull cleaning and inspection for maritime vessels	$69.5M	HAX, Granite Asia & 10 others	64/100
5th	Saildrone 2012, Alameda (United States), Series C	Developer of autonomous unmanned surface vehicle	$325M	Bond Capital, Horizons Ventures & 23 others	64/100
6th	Rovco 2016, Bristol (United Kingdom), Deadpooled	Provider of AI-driven ROVs and services for inspection of ships	$38.5M	BOOST&Co, Foresight Williams & 32 others	63/100
7th	Chasing 2000, Shenzhen (China), Series C	Manufacturer of remotely operated underwater vehicles and related accessories	$17.5M	Shenzhen Capital Group, Shenzhen Nanshan Strategic Emerging Industries Investment ... & 3 others	60/100
8th	Bedrock 2019, Brooklyn (United States), Series A	Operator of autonomous underwater vehicles providing high-resolution seafloor data services	$62.9M	Primary Venture Partner, Northzone & 12 others	60/100
9th	BeeX 2018, Singapore (Singapore), Series A	Developer of unmanned underwater vehicles and surface vessels	$9.7M	Monk's Hill Ventures, ShipsFocus & 16 others	60/100
10th	Rekise Marine 2017, Bengaluru (India), Seed	Manufacturer of autonomous robotic solutions	$14.4M	Accel, NKSquared & 36 others	60/100
20th	Vaarst 2015, Bristol (United Kingdom), Series B	Provider of AI-based robotic analysis solutions for marine	$26M	Equinor, Legal & General & 5 others	52/100