
Correlation Ventures
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
Frequently Asked Questions
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