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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?

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
Rynse

Philadelphia, Pennsylvania, United States

Rynse provides fleet management software with compliance tracking, expense management, and real-time data.

AppsFleet ManagementSoftwareSoftware Engineering
SeedJan 29, 2025
Amount Raised: $5,000,000
Raspberry AI

New York, New York, United States

Raspberry AI provides generative AI software for fashion design and merchandising.

Artificial Intelligence (AI)FashionProduct DesignSoftware
Series AJan 13, 2025
Amount Raised: $24,000,000
Twill

New York, New York, United States

Twill is a recruitment network that allows top talent to suggest their peers and friends for vacant positions.

Career PlanningConsultingRecruiting
Pre SeedDec 10, 2024
Amount Raised: $1,400,000

Bundled managed open source AI infrastructure

Artificial Intelligence (AI)Generative AI
SeedDec 4, 2024
Amount Raised: $10,000,000