# Varsha Rao

> Varsha Rao is a seed investor at Flare Capital Partners backing Health Care. See 62 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Flare Capital Partners](https://shizune.co/investors/profile/flare-capitalpartners)
- Location: San Francisco, United States
- Total investments: 62
- Last investment: Apr 2026
- Lead investor: 2%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/varsharao
- X (Twitter): https://twitter.com/varsharao
- Website: http://www.varsharao.com/
- Facebook: https://www.facebook.com/varsharrao

Varsha Rao is an Executive Partner at Flare Capital Partners, former Head of Global Operations at Airbnb, CEO of Nurx and COO at Clover Health. She was the Co-Founder of Eve.com. Rao received her BS/BA in Economics/Math from the University of Pennsylvania and an MBA from Harvard Business School.She is an active angel investors withsuccessful investments in AI-Infra, Healthcare, Vertical AI, Consumer Tech and more.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$15M |
| Series A | $5M–$46M |
| Series B | $9.4M–$63M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 9 | 15% |
| Artificial Intelligence | 8 | 13% |
| Software | 7 | 11% |
| E-Commerce | 5 | 8% |
| Medical | 4 | 6% |

98 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 34 | 55% |
| Series A | 10 | 16% |
| Series B | 3 | 5% |
| Pre-Seed | 2 | 3% |
| Funding Round | 2 | 3% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 38 | 61% |
| India | 4 | 6% |
| France | 1 | 2% |
| Nigeria | 1 | 2% |
| Colombia | 1 | 2% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TextQL | TextQL is a platform that simplifies the data-to-insight process for organizations. The platform indexes BI tools and semantic layers, documents data in dbt, and uses OpenAI and language models to provide self-serve power analytics. With TextQL, non-technical users can easily and quickly work with data by asking questions in their work context(Slack/Teams/email) and getting automated answers quickly and safely. The platform also leverages NLP and semantic layers, including the dbt Labs semantic layer, to ensure reasonable solutions. TextQL's elegant handoffs to human analysts, when required, dramatically simplify the whole question-to-answer process with AI. | $17M |  | Apr 17, 2026 |  |
| Raindrop | Raindrop is a provider of a monitoring platform for AI agents. | $15M | Seed | Dec 01, 2025 |  |
| Alex AI | Alex AI is an autonomous recruiter platform that automates interviewing and screening for candidates across multiple industries. The system conducts live phone and video interviews, provides actionable insights, and integrates into existing Applicant Tracking Systems. Alex AI helps organizations screen more candidates and increases recruiterproductivity by managing scheduling and initial conversations. | $17M | Series A | Sep 29, 2025 |  |
| Abby Care | Abby Care focuses on supporting families by helping caregivers receive compensation through Medicaid for caring for children with disabilities or special needs. The organization aims to place families at the center of its operations, providing resources and guidance to navigate Medicaid processes. Abby Care also offers information on ABA therapyand other supportive services to assist parents and caregivers in enhancing the care they provide. | $35M | Venture - Series Unknown | Aug 21, 2025 |  |
| Diversion Company | Diversion is a developer of a code management platform that revolutionizes collaboration, DevOps, and developer experience. | $4.5M | Seed | May 28, 2025 |  |
| Affiniti | Fueling Small Businesses Across America With Industry-Tailored Credit Cards. | $17M | Series A | May 20, 2025 |  |
| Voiceops | Your high-volume calls contain the blueprint for business growth, cost reduction, and risk management. Voiceops doesn't just analyze calls - it works alongside your team to automatically implement improvements that most businesses miss.Founded in New York and backed by top-tier investors on both coasts, Voiceops has driven billions ofdollars of revenue and cost-savings for industry leaders in education, financial services, and insurance. Real results: 80% increase in close rates, 98% reduction in compliance violations, 70% reduction in post-call work, 93% reduction in attrition, and 50% reduction in cost per lead.We're a fast-growing AI platform, with customers who have called our AI teammate “stunning” and the most advanced capability they’ve seen “by a landslide” — and we're just getting started. | $5M | Seed | Mar 25, 2025 |  |
| Observo AI | Observo AI was created to help Security and DevOps teams solve their biggest telemetry data problems. Observo AI helps you reduce security and observability costs by 50% or more while resolving incidents more than 40% faster. | $15M | Seed | Jan 30, 2025 |  |
| Qualified Health | Qualified Health is a reliable partner for safely utilizing generative AI in medicine. Qualified Health's infrastructure solution offers safeguards for ongoing algorithm performance monitoring, active AI governance, and developing agents tailored to the healthcare industry. Qualified Health are revolutionizing healthcare in America with tophealth system partners. | $30M | Seed | Jan 08, 2025 |  |
| MatX | MatX, a manufacturer of computer chips, is dedicated to constructing a computing platform for artificial general intelligence (AGI). Their specialty lies in creating hardware that combines profound domain experience tailored for large language models, graphics processing units, and various machine-learning models. By doing so, MatX aims to empowerdevelopers and programmers to enhance the efficiency, speed, and affordability of AI applications. | $100M | Series A | Nov 22, 2024 |  |

10 of 62 investments shown.

## Co-investors
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 6 deals together
- [First Round Capital](https://shizune.co/investors/profile/first-round-capital) — VC Fund, 5 deals together
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 4 deals together
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund, 4 deals together
- [Unshackled Ventures](https://shizune.co/investors/profile/unshackled-ventures) — VC Fund, 4 deals together
- [Flare Capital Partners](https://shizune.co/investors/profile/flare-capitalpartners) — VC Fund, 3 deals together

## About Flare Capital Partners

VC Fund · Boston, United States

Flare Capital Partners provides capital for early-stage and emerging healthcare technology companies. The firm invests across the United States, recognizing that healthcare technology innovation is occurring in many cities around the country.

5 contacts available at Flare Capital Partners.

| Name | Title | Profile |
| --- | --- | --- |
| Thomas Mac Mahon | Executive Partner | https://shizune.co/investors/profile/thomas-mac-mahon |
| Adam Bruce | Chief Financial Officer and Partner | https://shizune.co/investors/profile/adam-bruce-3 |
| Bill Geary | Executive Partner Advisor | https://shizune.co/investors/profile/bill-geary |
| Carter Prince | Flare Scholar | https://shizune.co/investors/profile/carter-prince |
| Chris Kryder | Executive Partner | https://shizune.co/investors/profile/chris-kryder |

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## FAQ

### What does Varsha Rao invest in?

Varsha Rao invests primarily in Health Care, Artificial Intelligence and Software startups, most often at Seed and Series A stage. Most of the 62 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Varsha Rao's check size?

Varsha Rao typically joins rounds of $2M–$15M at Seed, $5M–$46M at Series A and $9.4M–$63M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Varsha Rao participates in.

### When did Varsha Rao last invest?

The most recent investment recorded for Varsha Rao closed in Apr 2026. Shizune tracks 62 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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