About Varkain
Varkain is a venture capital firm founded in 2014. It is primarily based out of Las Vegas, United States. As of Mar 2019, Varkain has invested in 23 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series A round of Power-IT David Bluhm co-invest with Varkain, sharing a substantial percentage of its portfolio. Varkain has team of 2 people including 2 partners.Key Metrics
Varkain's List of Top Investments
Varkain has a portfolio of 23 companies. Their most notable investments are in Elfle and Power-IT.Their portfolio spans across United States, Australia, Austria and 1 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 12 other sectors, across stages such as Seed, Grant (prize money) and 2 more. Here is the list of top investments by Varkain:1. The Dyrt
Find camping: tent, RV sites, glamping, cabins near you. This platform helps users discover diverse camping options, from traditional tent sites and RV parks to glamping and cabin rentals. It connects outdoor enthusiasts with state parks, national parks, RV parks, and unique glamping locations. The service facilitates the search for camping spots near specific locations, offering reviews and information to aid decision-making. Users can explore various campgrounds, view amenities, and find places suitable for different camping styles. The platform also features articles and resources related to camping, travel, and outdoor activities, enhancing the overall user experience. It serves as a comprehensive resource for planning camping trips and discovering outdoor destinations.
Key facts about The Dyrt
- Founded Year: 2014
- Location: Portland (United States)
- Stage: Series B
- Total Funding till date: $23M
- Employee Count: 39 as on May 31, 2026
- Investors: YX Capital, Peninsula Ventures and 12 Others
- Latest Funding Round: Series B, Oct 19, 2021, $*****
- Highlight: Editors' Pick
2. Vetty
Vetty offers a candidates background verification solution. It allows users to conduct multiple background checks such as personal identity check, criminal record check, document check, financial & credit check, drug test, and driving record check. Also allows users to create questionnaire which is compatible with both mobile and desktop devices. Provides a dashboard which allows users to manage their background verification process. It integrates with other HR software through API. Also offers a document and employee onboarding management platform which speed up the recruitment process. It caters to the companies in multiple industries such as healthcare, finance, staffing, and non-profit organizations. Clients include Lionano, OAREX, Cornerstone, Crown Plaza, and Paintzen.
Key facts about Vetty
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Seed
- Total Funding till date: $4.19M
- Employee Count: 87 as on May 31, 2026
- Investors: Capital Innovators, Stout Street Capital and 6 Others
- Latest Funding Round: Seed, Jun 02, 2020, $*****
- Highlight: Editors' Pick
3. Vutility
Provider of cloud and app-based energy monitoring solutions for commercial applications. The product offerings include CloudVU - which provides real-time energy & sensory data for facilities, HotDrop - a sub-metering solution, PulseDrop - a dry pulse reader solution, and more.
Key facts about Vutility
- Founded Year: 2016
- Location: Sandy (United States)
- Stage: Series B
- Total Funding till date: $26.6M
- Employee Count: 35 as on May 31, 2026
- Investors: Kickstart Fund, Chevron Technology Ventures and 5 Others
- Latest Funding Round: Series B, Feb 07, 2025, $*****
- Highlight: Editors' Pick
4. Cartogram
Cartogram provides an application for indoor navigation. The application tracks the user's location with the help of beacons and offers both indoor and outdoor navigation. It helps people find things indoors with live, interactive, searchable indoor maps. Using the indoor search engine and indoor content management tools, helps users find activities at the gym, products at the store, and classes on campus. In addition to finding places and things, it enables users to find people with the indoor location sharing feature. It improves customer experience, and increases visitor engagement, and improves staffing efficiency.
Key facts about Cartogram
- Founded Year: 2014
- Location: Bellevue (United States)
- Stage: Series A
- Total Funding till date: $811K
- Employee Count: 8 as on May 31, 2026
- Investors: XRC Ventures, Dakota Venture Group and 8 Others
- Latest Funding Round: Grant (prize money), May 14, 2018, $*****
- Highlight: Editors' Pick
5. Poly6
Developer and manufacturer of bioplastics using citrus waste. It is developed using citrus waste and natural precursors. The resins have applications in 3D printing, inkjet additives, flexible electronics, medical products, home decorations and textiles.
Key facts about Poly6
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $6.79M
- Employee Count: 32 as on May 31, 2026
- Investors: MIT Startup Exchange, FOUNDER.org and 4 Others
- Latest Funding Round: Series A, Mar 21, 2018, $*****
Varkain's Year-on-Year Investment Trends
Varkain has invested in 23 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Power-IT.Varkain's Investments by Stage
Varkain has made 11 investments in Seed stage with an average round size of $233K, 1 investment in Grant (prize money) stage with an average round size of $250K, 1 investment in Series A stage with an average round size of $4M and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Grant (prize money) | 1 |
Series A | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Varkain's Investments by Sector
Varkain has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, High Tech, Aerospace, Maritime and Defense Tech and Consumer. Notably, it has invested in 17 Tech companies, 13 Enterprise (B2B) companies, 10 Software companies and at least 9 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Business Services | 3 |
High Tech | 3 |
Aerospace, Maritime and Defense Tech | 1 |
Consumer | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Varkain's Investments by Geography
Varkain has made most investments in United States (12), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 12 |
Australia | 1 |
Austria | 1 |
Note: We have considered here, only first round of investments
Varkain's recent investments
Varkain has not made any investment in 2026 so far.Here are the most recent investments by Varkain:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2019 | United States | Series A | 8035 | ||
2017 | United States | Seed | 1680 | - | |
2017 | United States | Unattributed | 9030 | - | |
2017 | United States | Seed | 5090 | - | |
Sep 29, 2016 | United States | Seed | 7278 | - |
Team profile of Varkain
Varkain has a team of 2 members including 2 Partners located in United States. Varkain's team does not sit on the board of any company as of now.Co-investors of Varkain
Over the past 12 years, 28 investors have co-invested in Varkain's portfolio companies. This includes funds and angels.
- Invested before Varkain: BoomStartup Accelerator, Entrepreneurs Roundtable Accelerator and 7 others have invested in rounds before Varkain. There are 2 companies where BoomStartup Accelerator has invested before Varkain and 1 company where Entrepreneurs Roundtable Accelerator has invested before Varkain.
- Top Co-investors of Varkain: David Bluhm entered a company along with Varkain.
- Invested after Varkain: A total of 18 investors have invested in Varkain's portfolio after their investments. Top Investors include Newark Venture Partners (1 company), Quake Capital (1 company) and 3Lines (1 company).
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