When was Vara founded?

Vara was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Vara located?

Vara is headquartered in Berlin, Germany.

Who is the current CEO of Vara?

Adrian Locher of Vara. They have also founded 3 companies and are angel investors in 3 startups.

How many employees does Vara have?

As of Jun 30, 2026, the latest employee count at Vara is 55.

Is Vara a funded company?

Vara is a funded company, having raised a total of $20.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 02, 2020.

When was the latest funding round of Vara?

Vara's latest funding was a $***** Series A round on Oct 29, 2024, with participation from 3 investors.

Where does Vara rank among its competitors?

Vara ranks 1st amongst 29 active competitors, of which 10 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Vara, which secured $8.9M in Oct, 2024.

Who are the top competitors of Vara?

Vara's top competitors include DeepHealth, Therapixel and Ikonopedia. Among them, Vara secured the most recent funding round in October, 2024.

Vara - 2026 Company Profile, Team, Funding & Competitors

Vara is a series A company based in Berlin (Germany), founded in 2016 by Adrian Locher and Rasmus Rothe. It operates as a Provider of AI-based breast cancer screening software for clinics. Vara has raised $20.3M in funding from investors like OMERS, VI Partners and FJH. The company has 29 active competitors, including 10 funded and 4 that have exited. Its top competitors include companies like DeepHealth, Therapixel and Ikonopedia.

Company Details

Provider of AI-based breast cancer screening software for clinics. It detects normal mammograms and flags according to their severity. It develops reports according to the findings of the platform. It can be integrated with RIS and PACS software.

Website: www.vara.ai/
Email ID: *****@vara.ai

Key Metrics

Founded Year

2016

Location

Berlin, Germany

Stage

Series A

Total Funding

$20.3M in 3 rounds

Latest Funding Round

Series A, Oct 29, 2024, $*****

Investors

OMERS & 13 more

Ranked

1^st among 29 active competitors

Employee Count

55 as on Jun 30, 2026

Similar Companies

OpenEvidence & 2791 more

View Vara's full profile

Vara has raised a total funding of $20.3M over 3 rounds. Its first funding round was on Jun 02, 2020. Its latest funding round was a Series A round on Oct 29, 2024 for $*****. 3 investors participated in its latest round. Vara has 14 institutional investors.

Here is the list of recent funding rounds of Vara:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 29, 2024	5879734	Series A	9845745	5813971	3512134	2713944
Oct 25, 2022	5360872	Series A	6006508	1669914	6553625	Med360 & 4 more
Jun 02, 2020	8125936	Series A	9821146	9057620	OMERS	Merantix & 3 more

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View details of Vara's funding rounds and investors

The founders of Vara are Adrian Locher and Rasmus Rothe.

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

Adrian Locher: Co-Founder & CEO of Vara and founder of 4 other companies, including Merantix, Merantix Capital and howhot.io. They are also an angel investor in 3 startups.
Rasmus Rothe: Co-Founder of Vara and founder of 2 other companies, howhot.io and Merantix. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Vara's Founder profiles and Board Members

Vara's employee count trend

Vara has 55 employees as of Jun 26. Here is Vara's employee count trend over the years:

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Top competitors of Vara include DeepHealth, Therapixel and Ikonopedia. Here is the list of Top 10 competitors of Vara, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vara 2016, Berlin (Germany), Series A	Provider of AI-based breast cancer screening software for clinics	$20.3M	EQT, Think.Health & 12 others	61/100
2nd	DeepHealth 2015, Cambridge (United States), Funding Raised	AI-powered mammography interpretation software	-	Europa, MIT Alumni Angels of Boston & 2 others	58/100
3rd	Therapixel 2013, Nice (France), Series B	Provider of medical image analytics platform for surgeons	$22.1M	Caphorn, M Capital & 17 others	51/100
4th	Ikonopedia 2011, Dallas (United States), Series C	Monitoring platform for breast reporting and MQSA management	$3.08M	TWV Capital Management, Green Park & Golf Ventures	50/100
5th	Qview Medical 2012, Los Altos (United States), Series A	Provider of computer-aided diagnostic system for breast imaging	$6.76M	Startup Capital Ventures, Xandex Investments	47/100
6th	iCAD 1984, Nashua (United States), Acquired	Provider of image analysis platform for cancer detection and radiation therapy solutions	-	Deerfield, BioBrit & 3 others	46/100
7th	Volpara Health 2009, Wellington (New Zealand), Acquired	AI-based clinical decision support and cancer diagnosis tool for providers	-	Horizon 3 Healthcare, NorthStar Impact	45/100
8th	Med Cognetics 2020, Dallas (United States), Funding Raised	AI and cloud-based breast imaging tools for healthcare providers	-	Gurukul Venture Partners, NIH	44/100
9th	Kheiron Med 2016, London (United Kingdom), Acquired	Developer of AI-powered health informatics solutions for diagnostic and screening programs	$30.9M	Atomico, Connect Ventures & 57 others	42/100
10th	Densitas 2011, Halifax (Canada), Seed	AI-based evidence-based decision-making tool for breast health	$363K	JLABS, Invest Nova Scotia & 2 others	42/100