Partner venture funds are open to members of that professional organization.
These funds invest in a portfolio of deals primarily originating from their organization or in their fields of expertise.
Any accredited investor may invest in a Varia fund, which consists of a curated portfolio of deals across our network.
The companies you invest in are vetted by peers and key opinion leaders in your industry, supported by an experienced investment team.
You’re able to diversify your portfolio by investing in a fund that, in turn, invests in a portfolio of companies accessed through our national partnerships and others.
You determine your level of investment
(from $10,000 to $100,000+).
Respected investment management and research firm, Alliance Bernstein, provides you with educational resources to learn more about VC and wealth management.
Your investment supports next-generation innovations in your field.
Your society profits on successful investments through its partnership with Varia.
Frequently Asked Questions
Please fill out this form to receive access to Fund materials and to invest in an open Fund. There is no obligation to invest once you submit this form.
If you are a member of one of our partner organizations, you are eligible to invest in the related fund. Our partner funds are available here.
If you are not a member of one of our partner organizations, you may still invest in an open Varia Fund.
In general, we have a three phased diligence process. First, we seek feedback from relevant key opinion leaders to assess the quality of an opportunity. If the clinical feedback is positive, then we review the applicant’s business model, including the market opportunity, competition, and potential return on investment. Next, we complete a legal review, including the company’s corporate structure, intellectual property and regulatory pathway if relevant. That being said, if there is a credible lead investor already, we may leverage or rely on the diligence completed by that investor.
You must be an “accredited investor” to invest. In general, an “accredited investor” means you have $200k in annual income (individually) or $300k in annual income (with your spouse) for the past two years, and you reasonably expect the same for the current year, or a net worth of more than $1 million, excluding the value of your primary residence and any mortgage.
For our funds, we generally charge a management fee and “carried interest” on investor profits. Varia shares these profits with its partner organizations. This means that once you have received a return of your capital, a portion of the excess profits will be paid to you, and a portion will be paid to the manager. You will also be responsible for certain expenses of the fund.
We principally invest in medical device and health tech companies in the Seed to Series A stage. However, we occasionally invest in exciting companies outside of healthcare that we see through our robust relationships.
Venture investments most commonly have 3-7 year horizons, although some exit earlier or later. Therefore, our funds have standard 10-year terms. We generally make distributions to investors when we realize returns on the companies we have invested in.
Once you register, you will have your own dashboard on our platform, where we will provide you with updates, education, and your tax filings.