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Correlation Ventures

North America, California, United States, San Diego

Description

Correlation Ventures is a distinctive venture capital firm based in San Diego, California, renowned for its pioneering data-driven investment approach. Unlike many traditional VCs, Correlation leverages proprietary predictive analytics and machine learning to identify promising startups, enabling rapid and efficient decision-making. This quantitative methodology underpins their strategy to co-invest alongside leading venture firms across the United States, providing a unique value proposition in the competitive VC landscape.

Correlation Ventures primarily focuses on early to growth-stage companies, spanning a diverse range of technology and other high-growth sectors. Their investment model is designed to complement existing syndicates, typically participating as a co-investor rather than leading rounds. This allows them to provide capital quickly, often making investment decisions within one to two weeks, which is a significant advantage for founders seeking efficient funding. Initial investments from Correlation Ventures typically range from $1 million to $5 million, though they have the capacity to invest up to $10 million over the lifetime of a portfolio company.

Since its inception, Correlation Ventures has demonstrated a high volume of activity, having invested in over 400 companies across various industries. Their unique, analytical approach aims to reduce the inherent risks of venture investing by identifying companies with a higher statistical probability of success based on their extensive dataset. This systematic method provides founders with efficient access to capital and offers co-investors a reliable, data-informed partner, contributing to a robust portfolio that reflects their data-centric philosophy and commitment to a streamlined investment process.

Investor Profile

Correlation Ventures has backed more than 393 startups, with 14 new investments in the last 12 months alone. The firm has led 3 rounds, about 1% of its total and boasts 77 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Armenia.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (37%)
  • Series A (31%)
  • Series B (12%)
  • Series Unknown (7%)
  • Series C (4%)
  • Pre Seed (4%)
  • Series D (3%)
  • Convertible Note (1%)
  • Debt Financing (1%)
  • Series E (1%)

Country Focus

  • United States (98%)
  • Canada (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Saas
  • E-commerce
  • Analytics
  • Biotechnology
  • Internet
  • Artificial Intelligence (Ai)
  • Medical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Correlation Ventures frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 13
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 14
ff Venture Capital
North America, New York, United States, New York
Co-Investments: 15
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 12
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 32
Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 21
Greycroft
North America, New York, United States, New York
Co-Investments: 12
Blumberg Capital
North America, California, United States, San Francisco
Co-Investments: 13
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 26
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 22

Which angels does Correlation Ventures often collaborate with?

BW
North America, California, United States, Los Angeles
Shared Deals: 3
EL
North America, Florida, United States, Miami Beach
Shared Deals: 3
WC
North America, New York, United States, Manhattan
Shared Deals: 3
JW
North America, California, United States, Los Angeles
Shared Deals: 2
FI
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 2
BL
North America, California, United States, Los Angeles
Shared Deals: 2
AM
North America, California, United States, San Francisco
Shared Deals: 2
AK
North America, California, United States, San Francisco
Shared Deals: 3
BN
North America, California, United States, Los Angeles
Shared Deals: 2
RM
North America, Texas, United States, Austin
Shared Deals: 3

What are some of recent deals done by Correlation Ventures?

AiPrise

Santa Clara, California, United States

AiPrise provides a compliance platform to verify businesses and individuals globally.

Financial ServicesIdentity ManagementMobile AppsTrading Platform
Series AOct 8, 2025
Amount Raised: $12,500,000
AeroRx Therapeutics

La Jolla, California, United States

AeroRx Therapeutics is a biopharmaceutical company that developing proprietary, combination products.

Health CarePharmaceuticalWellness
Series AOct 7, 2025
Amount Raised: $21,000,000
OneAM

New York, New York, United States

OneAM is financial service company that provides cutting-edge solutions for Business Owners and Capital Providers.

Financial ServicesFinTech
SeedOct 7, 2025
Amount Raised: $4,700,000
Neura Health

New York, New York, United States

Neura Health is a venture-backed startup with a mission to improve access and quality of care for neurological conditions.

Health Care
Series ASep 29, 2025
Amount Raised: $11,400,000
Blok

San Francisco, California, United States

Blok uses artificial intelligence (AI) to assist in determining which product experiments should launch first.

Artificial Intelligence (AI)
SeedJul 9, 2025
Amount Raised: $7,500,000
dub

New York, New York, United States

Dub is a financial technology company that offers a copy-trading platform, allowing users to mirror the investment strategies.

Financial ServicesMobile AppsTrading Platform
Series AMay 1, 2025
Amount Raised: $24,500,000
Trek Health

San Mateo, California, United States

Trek Health builds foundational software that empowers mental health providers.

Health CareInformation TechnologyMental HealthSoftware
Series AApr 30, 2025
Amount Raised: $11,000,000
Nervonik

Los Angeles, California, United States

Nervonik is a medical device company developing an opioid-free peripheral nerve stimulation (PNS) system.

ManufacturingMedicalMedical Device
Series AMar 4, 2025
Amount Raised: $13,000,000
Porosity

New York, New York, United States

Porosity is an application software company that offers a platform to streamline operations management and data collection.

AppsData MiningSoftwareTask Management
SeedFeb 27, 2025
Amount Raised: $2,900,000
Tofu

San Francisco, California, United States

Tofu offers a single platform for generating multichannel campaigns at scale that deliver opportunities for B2B marketing teams.

Content MarketingEnterprise SoftwareMarketingMarketing Automation
Series AFeb 13, 2025
Amount Raised: $12,000,000