Variance (YC W23) — AI agents for fraud review and investigations
Variance builds AI agents for fraud, identity, and investigations for Fortune 500s, Marketplaces, and regulated financial services.
Variance is a Y Combinator company in the Winter 2023 batch. Its directory entry describes it as: AI Agents for Fraud Review and Investigations. The founders listed are Karine Mellata (Founder), Michael Lin (Founder) (Y Combinator directory entry, March 1, 2023).
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Karine Mellata
Founder
Co-Founder at Variance (fka Intrinsic).
Making the internet safer, one line of code at a time.
Michael Lin
Founder
Co-founder of Variance. Working to scale AI agents for investigations and fraud reviews.
Founders, titles and bios as the company published them. Photographs are our own copies of the ones on that record, so they do not break when the original link expires.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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What the Full Report on Variance covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
7 cited sources found
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