Variational
Latest round
- Series A
Last raised
- May 2026
Total raised
- $60M
Investors
- 8
About Variational
Applied Variational Research SEZC, trading under the name Variational, founded in 2022, is a trading technology firm based in George Town, Cayman Islands. The company focuses on trading solutions and operates a singular deal to date. The company was founded by Edward Yu and Lucas V. Schuermann (CEO). Omni is a trading application designed to facilitate the trading of leveraged perpetual contracts (perps) on a diverse range of assets, including memecoins, pre-market tokens, prediction markets, and points markets. The platform operates on the Variational protocol, enabling peer-to-peer trading of perpetual and generalized derivatives. Omni provides access to thousands of trading pairs, regularly enhancing user options to meet the growing demand in emerging markets. Omni generates revenue through its trading platform by facilitating transactions between users, structured in a community-first model where traders can earn loss rakebacks, and profits are redistributed to the user base. This revenue structure is closely tied to trading volumes and transactional fees associated with executed trades, as users engage in leveraged trading of perps, directly contributing to the platform's financial ecosystem.
Who invested in Variational
8 investors across 2 rounds
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Questions about Variational
Who invested in Variational?
Variational has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Variational raised?
Variational has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Variational last raise money?
Variational's most recent round on record is a Series A, in May 2026.
What does Variational do?
Applied Variational Research SEZC, trading under the name Variational, founded in 2022, is a trading technology firm based in George Town, Cayman Islands.
Where is Variational headquartered?
Variational is headquartered in George Town, Cayman Islands.
Which VCs invest in companies like Variational?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Variational's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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