Fundraising Fox

Correlation Ventures

Venture capital

San Francisco · Pre-Seed–Series A · 17 people tracked

Also known as CORRELATION MANAGEMENT, LLC · Correlation Ventures Executives

Fox Verdict
Sign up to see your fit

Investment thesis

Correlation Ventures positions itself as a fast, efficient co-investor that reaches investment decisions within days, aiming to let founders stay focused on building their business. It leans on what it describes as one of the industry's most complete VC datasets and a broad network to inform decisions and connect companies to future customers, partners, and mentors. The firm offers flexible check sizes and a transparent process, providing the capital needed without taking a heavy-handed role.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $4M
HQ
San Francisco, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2006
Last 12 months
8 investments
AUM
$500M
VC funds
6
Tracked investments
281

Team · 17 people

from the firm's website
Kelsey Reilly· Manager of Operationsin
Krishna Gopinanathan· CEO and Board Member, Applied Data Finance
Michael Ewens· Associate Professor of Finance and Entrepreneurship, California Institute of Technology

Ph.D. and associate professor of finance and entrepreneurship at Caltech.

Rik Mersai· Assistant Controllerin
Steven Neil Kaplan· Neubauer Professor of Entrepreneurship and Finance, University of Chicago

Ph.D. and professor of entrepreneurship and finance at the University of Chicago.

Trish Melton· Accounting Manager
Zainab Ali· Data Engineer

What they invest in

from 77 of 281 portfolio companies

AI & Machine Learning ×35SaaS ×31Enterprise Software ×22Fintech ×15Healthtech ×14Data & Infrastructure ×11Digital Health ×10Consumer ×7

HQs:United States×64Pakistan×1

Who they back

founder profiles across 42 portfolio companies
48%
solo founders
20 of 42 mapped founding teams
52%
repeat founders
of 42 founders with career history
~3 yrs
old at investment
median across 13 dated deals

Founding team size:solo founder×202 founders×153 founders×54+ founders×2

Where their founders studiedfrom 40 founders with education data

Stanford University ×6Harvard University ×5University of Maryland ×3Georgia Institute of Technology ×2Massachusetts Institute of Technology ×2Stanford University Graduate School of Business ×2

Where their founders worked beforefrom 42 founders with career history

Electronic Arts ×2Georgia Institute of Technology ×2Google ×2Intel Corporation ×2McKinsey & Company ×2Rubicon Project ×2Square ×2Tata Consultancy Services ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×6

3 founders hold a PhD · 9 hold an MBA (of 43 with degree data)

Investments · 281 tracked

founders shown can be your intro path

By year:2026 · 52025 · 62024 · 22023 · 32022 · 12020 · 12018 · 12017 · 12016 · 32015 · 42013 · 12011 · 129 dated

Ankasa Regenerative Therapeuticsankasaregenerativetherapeutics.com✓ verified

Ankasa Regenerative Therapeutics develops ART352-L, a protein-based stem cell activation therapy using human Wnt proteins to enhance bone formation and tissue regeneration in reconstructive surgeries.

BiotechLongevityMedical DevicesLa Jolla, US

Douglas Downs(Executive Officer, Director)Sanford J. Madigan(Executive Officer, Director)

BoardKevin Kinsella(Director)

Co-investorsStanford University

Trefoil Therapeuticstrefoiltherapeutics.comin✓ verified

Trefoil Therapeutics is a clinical-stage biotechnology company developing therapeutic agents for corneal diseases.

BiotechHealthtechMedical DevicesSan Diego, US

David Eveleth(Executive Officer, Director)Schalon Newton(Executive Officer)

BoardChristy Shaffer(Director)inRalph Bradshaw(Director)

Co-investorsExSight VenturesSolasta VenturesAccess BiotechnologyBios PartnersFemHealth VenturesHatteras Venture Partners+2 more

10% Happier

Co-investorsTrinity Ventures

Additionadditionwealth.comin𝕏

Addition Wealth is a financial health platform for employees that provides personalized guidance and resources to help manage personal finances, reduce financial stress, and make informed financial decisions.

AI & Machine LearningFintechWellness & Fitness

Ana Mahony(Founder)in

Co-investorsAnthemis VentureCore Venture CapitalFinancial Venture StudioNycaNyca PartnersRestive Ventures+1 more

Adona
Adonis
Aerorx
AHAgoaha.ioin𝕏Sep 2025 · $11.4M

AHA is a chat-based tool from TheVentureCity that gives founders feedback on their startup pitch and fundraising strategy, drawing on questions investors ask and industry insights.

AI & Machine LearningFuture of WorkSaaS

Co-investorsTheVentureCityah! VenturesEsplanade VenturesKoch Disruptive TechnologiesNorwest Venture PartnersPear VC

Aiprise
AiPriseaiprise.comin𝕏Oct 2025 · $12.5M

AiPrise provides AI-powered compliance and risk management software for KYB/KYC processes, covering fraud prevention and regulatory compliance.

AI & Machine LearningEnterprise SoftwareFintechSan Francisco, US

Chaitanya Sarda(CEO & co-founder)inRushabh Shah(Founder/Co-CEO)in

Co-investorsFinancial Venture StudioRestive VenturesY CombinatorHeadlineSixThirty VenturesWedbush Ventures

Airxpanders

HealthtechPalo Alto, US

Scott Dodson(Executive Officer, Director)John Lai(Executive Officer)Tadmor Shalon(Director)Barry Cheskin(Executive Officer, Director)Brian Clevinger(Director)

BoardBrigitte Smith(Director)

Akash
AlienVaultalienvault.comin𝕏

AT&T provides cybersecurity services and network security solutions for businesses, including threat detection and protection against AI and quantum computing-related threats.

Cloud ComputingCybersecurityEnterprise Software

Co-investorsAdara VenturesFounders Circle CapitalIntel CapitalJackson Square VenturesKleiner PerkinsNotable Capital

Alloy
Amberflo
Angle
Annexonannexonbio.com

Annexon Bio develops early complement inhibitors that target C1q, the initiating molecule of the classical complement pathway, to treat autoimmune, neurodegenerative, and ophthalmic diseases.

BiotechHealthtechSo. San Francisco, US

Douglas Love(Founder)inMark L Smith(Executive Officer)Campbell Murray(Director)Thomas Wiggans(Director)Ricky Sun(Director)Ted Yednock(Executive Officer)

Co-investorsBain Capital Life SciencesNew Enterprise Associates (NEA)Clarus

Anoki
Applied Particle Technology
Appliedxl
Apsalar
Argyle
Ark PESarkpes.com

Ark provides a customizable digital platform for venture capital and private equity firms to manage investor communications, performance reporting, and document sharing with their limited partners.

Enterprise SoftwareFintechSaaS

Co-investorsAcies InvestmentsAloft VCAlta PartnersAmity VenturesArtis VenturesAsymmetric Capital Partners+21 more

Astra
Async
Ataviumatavium.com

Atavium provides operator access tools for eBay account management, including listing, scanning, and connection features for sales operations and inventory management.

E-commerceSaaSMinnetonka, US

Michael Klemm(Executive Officer)Marc Olin(Executive Officer)Edward J. Fiore(Executive Officer, Director)Mark A. Bakke(Executive Officer, Director)Brian Bell(Director)Lawson DeVries(Director)

Co-investorsRally Ventures Management, LlcOrigin Ventures

Axiom Cloud
Bartigetbarti.comin

Barti builds an AI-powered EHR and practice management platform for eye care providers such as optometrists, ophthalmologists, and opticians, with specialty templates for use cases like myopia management, vision therapy, and dry eyes.

AI & Machine LearningDigital HealthSaaSSan Francisco, US

Colton Calandrella(Executive Officer, Director, Promoter)inTianyu Wang(Executive Officer, Director, Promoter)

BoardDavid Schwab(Director)inRyan Mandl(Director)Brad Corona(Director)in

Co-investorsFive Elms CapitalRecall CapitalVertical Venture Partners

Baserock Ai
Betterworks
Bid Ops
Bigeye
Birdstop
Biztrip Ai
Blok
Bloomzbloomz.com

Bloomz is a school communication platform built on an AI foundation, offering six layers of capabilities that districts and schools use to run operations, including messaging translated into 250+ languages.

AI & Machine LearningEdTechSaaSRedmond, US

Chakrapani Appalabattula(Executive Officer, Director, Promoter)Chaks Appalabattula(Founder)in

Blossomblossom.coin𝕏Mar 2026 · $20M

Blossom is a lightweight project management and workflow tool for software development teams, based on Kanban principles for continuous delivery.

Developer ToolsFuture of WorkSaaS

Co-investorsGold House VenturesAccelHeadlineOperator PartnersTA VenturesVillage Global

Blossom Health
Bluevinebluevine.comin𝕏Nov 2016

Bluevine is a financial technology platform offering banking services including checking accounts, payments, and lending products designed for small businesses.

FintechSaaSJersey City, US

Eyal Lifshitz(Chief Executive Officer)inNir Klar(Chief Technology Officer)inMORDECHAI SCHATTNER(RELATIONSHIP: TREASURER)LAUREL CHARMAINE BOWDEN(Director)NIR KLAR(RELATIONSHIP: SECRETARY)inYACOV EYAL LIFSHITZ(Executive Officer, Director)

Co-investors83NorthKima VenturesLightspeed Venture PartnersM12 (Microsoft's Venture Fund)Maor InvestmentsMenlo Ventures+1 more

Bond Sports
Bonfire Studios
Bookkeep
Boostup
Botkeeperbotkeeper.comin𝕏

Botkeeper provides an AI-driven bookkeeping platform that automates manual accounting tasks and layers in dedicated accountant services, for accounting firms and their business clients.

AI & Machine LearningFintechSaaSBoston, US

Enrico Palmerino(Founder & Chief Executive Officer)Angelina Palmerino(Co-Founder & Chief Product Officer)Sallie Halsey(Chief Operations Officer)Jessica Veiga(Chief Revenue Officer)Travis Cherry(Chief Technology Officer)Erica Cramer(Senior Vice President, Client Services)

Co-investorsPillar VCPoint72 VenturesGradient VenturesHigh AlphaPeak State Ventures

Bountiful
Bravely
Bubbles
Budgie Healthbudgie-health.comin

Budgie provides data-driven benefits decision support for employees, helping them choose and use their health insurance benefits year-round starting with open enrollment.

Digital HealthHealthtechHR TechInsurTech

Co-investorsCounterpart VenturesFlare Capital PartnersGreycroft

Burrow
Byronusebyron.comin𝕏Jun 2026 · $9.1M

Byron develops AI agents that automate the operational work around business tax preparation—requesting and organizing documents, building binders, extracting data, generating Excel workpapers, and flagging exceptions—while keeping CPAs in control of review and sign-off.

AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US

Blaze O'Byrne(Founder)Wilm Kranz(Founder)

BoardKevin McGovern(Retired Deloitte, Managing Partner)

Co-investorsSquare Peg Capital

Bytethebyte.appinFeb 2026 · $6MDefunct

Byte operates a network of ghost kitchens in Pakistan that prepare and deliver food ordered through an on-demand platform.

ConsumerFoodTechMarketplacesLahore, PK

Safee Shah(Founder/CEO)in

Co-investorsKinnow CapitalY CombinatorCrosslink CapitalEMERGENT VENTURESSoma CapitalWndrCo

Byte Kitchenbytekitchen.ioFeb 2026 · $6MAcquired

ByteKitchen builds operational software for restaurants to improve profitability through features like food ordering suggestions and digital recipe management.

ConsumerE-commerceEnterprise SoftwareFoodTechSaaSSan Francisco, US

Divyang Arora(Founder)inRahul Madadi(Founder)inQuinn McKenna(Founder)in

Co-investorsCrosslink CapitalY CombinatorEMERGENT VENTURESSoma CapitalWndrCo

Cake Ai
Captain Experiences
Carats & Cakecaratsandcake.com𝕏Jul 2022

Carats + Cake is an online platform featuring a curated, searchable archive of real weddings and the vendors behind them, organized by style, color, detail, and location.

ConsumerMarketplacesMedia & EntertainmentNew York, US

Jessica Levin Conroy(Executive Officer, Director)Gregor Watson(Director)Michael Costigan(Executive Officer)

Co-investorsRaptor GroupReshapeThe MBA Fund1Sharpe VenturesAcrew CapitalFounders Fund+2 more

Carewell
Cartwheel
Casper
Chisel Labs
Chroma Golem

Browse all 281 investments with full details →

81 more tracked companies

ProseProshortPyzeQlarisQlaris BioQuadsciQuantile HealthRaspberryRaspberry AIReclaimReclaim AiReelgoodRenumerateRevsureRightrevRithmmRoamRocket JumpROHRosoticsRqx PharmaceuticalsRynseSafireSafireSafire Technology Group, Inc.Scout BioSequenSequencingSignifaiSimple HabitSkyselectSonoroSource3SpeedscaleSpiroxSpiroxStatisfyStereStorecashSubskribeSundaeSwellSynthorxSynthoryxTabflowsTapcartTatchTavusTeleskopeTernaryTertuliaThrivefantasyTofuTractTrefoilTrek HealthTrustleTwillUnveerUpstartUrjanetValora TherapeuticsVendeluxVendiaVerdVirstoVisorweblinkWeekend Fka VolleyWeplayedWindmillWonderschoolWrangleWunderiteXMLYoast SEOYumiZebitZenlyticZippiaZippia

Exits · 4

IPOs and acquisitions across the tracked portfolio

Gynesonicsacq. by HologicLemonaidacq. by 23andMeMosaic MLacq. by DatabricksOllieacq. by Agrolimen

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Correlation Ventures made?
Correlation Ventures has 259 tracked investments, 7 of which have exited via acquisition or IPO, including 6 dated in the last 24 months.
What stage does Correlation Ventures invest at?
Correlation Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Correlation Ventures's typical check size?
Correlation Ventures typically writes checks of $100K – $4M.
What sectors does Correlation Ventures focus on?
Correlation Ventures focuses on AgTech, Biotech, Consumer, Digital Health, Enterprise Software, Fintech, FoodTech, Media & Entertainment, Medical Devices, PropTech, SaaS, Sector Agnostic, Space Tech.
Where is Correlation Ventures located?
Correlation Ventures is headquartered in San Francisco, US.
Does Correlation Ventures lead rounds?
Correlation Ventures typically participates in rounds rather than leading them.
Who does Correlation Ventures co-invest with?
Correlation Ventures most often shares deals with Y Combinator, Insight Partners, Blumberg Capital, among 270 tracked co-investors.

Images

X profile banner

Co-investors · 57

Canaan Partners

Canaan Partners is a venture capital firm with over 30 years of history, backing companies across technology and healthcare sectors through close, hands-on partnerships with founders.

$500K – $20M
Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

$100K – $5M
Blumberg Capital

Blumberg Capital is an early-stage venture capital firm founded in 1991, with offices in Miami, San Francisco, New York and Tel Aviv.

$500K – $5M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
Crosslink Capital

Crosslink Capital is a San Francisco-based venture capital firm investing in enterprise and consumer technology startups across North America.

$1M – $9M
Lerer Hippeau

Lerer Hippeau is an early-stage venture capital firm that backs founders across sectors, emphasizing investing in companies before they gain wider recognition.

$500K – $2M
Kapor Capital

Kapor Capital is an Oakland-based venture fund that invests in seed-stage technology companies in education, health, and consumer finance sectors. The firm focuses on companies that create both economic and social value.

$100K – $1M
Craft Ventures

Craft Ventures is a venture capital firm founded and run by former founders and operators who partner with founders to help build and scale technology companies.

Both backed · 2
$50K – $50M
Alumni Ventures

Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.

Both backed · 2
$100K – $10M
SV Angel

SV Angel is an investment firm that partners with and supports founders building transformative companies, providing long-term backing and close advisory relationships.

Forerunner Ventures

Forerunner Ventures is a venture capital firm that backs companies redefining consumer behavior across health, commerce, fintech, and AI-native products.

Both backed · 2
$1M – $20M
45 more co-investors

Sierra Ventures500 GlobalArtis VenturesWndrCoRestive VenturesFJ LabsCRV (Charles River Ventures)SignalFireUlu VenturesSocial LeverageBitkraft Esports VenturesNyca PartnersFf Venture CapitalStorm VenturesEngineering CapitalGeneral CatalystUncork CapitalGreat Oaks Venture Capital8VCHack VCParadigm2048 VenturesTribe Capital FirstlookStandard CapitalBallistic VenturesICONIQ CapitalMouro CapitalThird Kind Venture Capital137 VenturesBloomberg BetaS28 CapitalImmeasurableForum VenturesAdjacent Ventures LlcDeciensOVO FundRed Sea VenturesIndustry VenturesK5 VenturesFenway Summer VenturesSurface VenturesBase Venture Management, Inc.Bronze InvestmentsStoryHouseCedar Fund

Firms observed investing alongside Correlation Ventures, from public investor directories. Shared companies are the overlap with Correlation Ventures's recorded portfolio.

Similar investors

Featured in lists