Variance Raises $21.5M Series A

Variance raised $21.5 million in a Series A round to expand its agentic AI platform.

Ten Eleven Ventures led the round with participation from 645 Ventures, Y Combinator, Urban Innovation Fund, and Okta Ventures.

Variance has raised $26 million to date and will use the new funds to build infrastructure for investigative AI agents and grow work with financial institutions.