FundedIQ
Blockchain and Cryptocurrency

Variational: Funding, Investors & Team (Sep 2026)

Variational is a decentralized liquidity network for bilateral derivatives that streamlines the process of trading and clearing from start to finish.

variational.io LinkedIn Georgetown, United States 1-10 employees
Cryptocurrency Decentralized Finance (DeFi) Financial Services
Total raised
$51.5M
Rounds
2
Latest
Series A
May 2026

Variational has raised $51.5M across 2 funding rounds on record, the most recent a Series A of $50.0M announced in May 2026.

That round is above the $6.5M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.

Variational Company Profile and Key Stats

Total funding raised
$51.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$50.0M in May 2026
Employees
1-10
reported band
Headquarters
Georgetown, United States

Latest funding round on record: May 2026.

Variational Funding Rounds

Date
Round
Amount
Series A
$50.0M
Seed
$1.5M

Variational raised $1.5M in a Seed announced in Jun 2025.

11 months later, a Series A of $50.0M was announced in May 2026.

Variational Founders and Leadership Team

Name
Role
Contact
Edward Yu
Founder
Locked
Lucas V
Founder
Locked

Contact details for the Variational team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.

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Variational Funding Compared to Other Blockchain and Cryptocurrency Startups

Segment
Companies
Median round

Variational's latest round of $50.0M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Variational in Blockchain and Cryptocurrency and Georgetown

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Variational Funding FAQs

What does Variational do?

Variational is a decentralized liquidity network for bilateral derivatives that streamlines the process of trading and clearing from start to finish.

How much funding has Variational raised?

Variational has raised $51.5M across 2 rounds on record. The most recent is a Series A of $50.0M announced in May 2026.

When did Variational last raise funding?

Variational's most recent funding round on record is a Series A of $50.0M, announced in May 2026.

Who founded Variational?

FundedIQ lists Edward Yu (Founder), Lucas V (Founder) at Variational.

Where is Variational headquartered?

Variational is based in Georgetown, Kentucky, United States.

How many employees does Variational have?

Variational is in the 1-10 employee band.

How does Variational's funding compare to other Blockchain and Cryptocurrency startups?

Variational's latest round of $50.0M is above the $6.5M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.

About FundedIQ's Variational Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Variational is left off this page rather than filled in.

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