When was Vara Network founded?

Vara Network was founded in 2021.

Where is Vara Network located?

Vara Network is headquartered in Wilmington, United States.

Who is the current CEO of Vara Network?

Nikolay Volf of Vara Network. They have also founded 1 company.

How many employees does Vara Network have?

As of Apr 30, 2026, the latest employee count at Vara Network is 29.

Is Vara Network a funded company?

Vara Network is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Vara Network rank among its competitors?

Vara Network ranks 168th amongst 453 active competitors, of which 116 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Digital Asset, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Vara Network?

Vara Network's top competitors include Consensys, Alchemy and Digital Asset. Among them, Digital Asset secured the most recent funding round in December, 2025.

Vara Network - 2026 Company Profile, Team & Competitors

Vara Network is an unfunded company based in Wilmington (United States), founded in 2021 by Ilya Veller and Nikolay Volf. It operates as a Decentralized proof-of-stake blockchain platform built on Gear protocol. Vara Network has not raised any funding yet. The company has 453 active competitors, including 116 funded and 9 that have exited. Its top competitors include companies like Consensys, Alchemy and Digital Asset.

Company Details

Decentralized proof-of-stake blockchain platform built on Gear protocol. It is designed to provide a platform for developing and deploying blockchain-based applications. The network enables developers to create next-generation blockchain solutions with leveraging its features such as delayed messages and gas pools.

Website: vara.network
Social
Email ID: *****@gear-tech.io
Part Of

Key Metrics

Founded Year

2021

Location

Wilmington, United States

Stage

Unfunded

Ranked

168^th among 453 active competitors

Employee Count

29 as on Apr 30, 2026

Similar Companies

Consensys & 652 more

View Vara Network's full profile

Vara Network has not raised any funding rounds yet.

The founders of Vara Network are Ilya Veller and Nikolay Volf. Nikolay Volf is the CEO of Vara Network.

Here are the details of Vara Network's key team members:

Ilya Veller: Co-Founder of Vara Network.
Nikolay Volf: Co-Founder & CEO of Vara Network.

View details of Vara Network's Founder profiles and Board Members

Vara Network's employee count trend

Vara Network has 29 employees as of Apr 26. Here is Vara Network's employee count trend over the years:

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Top competitors of Vara Network include Consensys, Alchemy and Digital Asset. Here is the list of Top 10 competitors of Vara Network, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Temasek, Think Investments & 57 others	81/100
2nd	Alchemy 2013, San Francisco (United States), Series C	Provider of complete blockchain developer platform	$564M	Silver Lake, Lightspeed Venture Partners ... & 33 others	78/100
3rd	Digital Asset 2014, New York City (United States), Series E	Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets	$452M	Australian Securities Exchange, IBM & 36 others	74/100
4th	Galxe 2021, San Mateo (United States), Series A	Web3 credential data network	$10M	Multicoin Capital, DRAGONFLY & 28 others	72/100
5th	Sui Foundation 2022, Cayman Islands, Funding Raised	Developer of Layer 1 blockchain and smart contract development platform	-	DNA Capital, No Limit Holdings & 8 others	67/100
6th	Spydra 2021, Austin (United States), Seed	API driven Decentralization-as-a-Service platform	$1.86M	Logx Venture Partners, Singularity AMC & 4 others	61/100
7th	Blocknative 2018, San Francisco (United States), Series A	Developer of infrastructure and tools for blockchain transaction management and visibility	$34M	Hack VC, Rho Capital Partners & 20 others	60/100
8th	Eclipse 2022, San Francisco (United States), Series A	Online platform for building decentralized applications	$65M	Tabiya, Hack VC & 32 others	60/100
9th	Lisk 2016, Zug (Switzerland), Funding Raised	Blockchain-based application development platform for entrepreneurs and developers	-	Blockchain R&I, IOSG Ventures & 6 others	60/100
10th	Conflux Network 2018, Toronto (Canada), Funding Raised	Decentralized platform for application development	-	SNZ, IOSG Ventures & 10 others	59/100
168th	Vara Network 2021, Wilmington (United States), Unfunded	Decentralized proof-of-stake blockchain platform built on Gear protocol	-	-	28/100