Variance
Actively Hiring

Variance

AI Agents for Fraud Review and Investigations

15 employees
Cybersecurity
Series A · $26M
Founded 2023

About Variance

Variance (formerly Intrinsic) builds AI investigative agents for risk and compliance. The platform automates end-to-end workflows for fraud reviews, AML, KYC/KYB, sanctions screening, and content moderation — collecting evidence from transaction data, company registries, PDF filings, sanctions lists, adverse media, and open web sources, then returning fully auditable decisions in minutes. Founded by former Apple Fraud Engineering (FEAR) team members, Variance serves financial institutions and Fortune 500 companies, helping Trust & Safety and compliance teams scale investigations with agentic AI behind a single API.

Open positions (8)

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Company details

Team Size15
IndustryCybersecurity
Founded2023

Funding

Total raised

$26M

Last stage

Series A

Investors

Ten Eleven Ventures
Y Combinator
645 Ventures
UUrban Innovation Fund
Okta Ventures
NNeer Venture Partners

Founders

Karine Mellata

Karine Mellata

Karine is an engineer and Trust & Safety leader who previously worked on Apple's Fraud Engineering, Algorithmic Risk (FEAR) team, which evolved into Apple's Trust & Safety function, tackling spam, botting, account security, and developer fraud for over a billion users. She co-founded Intrinsic (now Variance) to build AI agents for investigations and fraud reviews and to make the internet safer, one line of code at a time.

LinkedIn
Michael Lin

Michael Lin

Co-founder of Variance. Working to scale AI agents for investigations and fraud reviews.

LinkedIn
Michael Lin

Michael Lin

What happens next.

No applications, no recruiter spam. Just the intro.

01

Confirm the fit

A few questions to make sure this role is the right shape for you. Two minutes.

02

I pitch you to the company

I write the intro, send it to the founder, and handle the back-and-forth.

03

A meeting lands on your calendar

If they’re a yes, I book the chat. You show up — that’s the whole job-hunt.