Fundraising Fox

Correlation Ventures

Venture capital

San Francisco · Pre-Seed–Series A · 14 people tracked

Also known as CORRELATION MANAGEMENT, LLC · Correlation Ventures Executives

Find your way into Correlation Ventures

2,403 people in our graph share verified history with the Correlation Ventures team — schools, employers, funds. One of them is your warm intro.

Ryan Isonounlockedknows Anu Pathria · together at Correlation Ventures (overlapped)
knows the team · via Salesforce
×4knows the team · via Harvard Business School
knows the team · via Indian Institute of Technology, Kharagpur
×2knows the team · via Techstars
knows the team · via Tata Consultancy Services
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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 Sep 15, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $4M
HQ
San Francisco, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2006
Last 12 months
11 investments
AUM
$500M
VC funds
6
Tracked investments
306

Team · 14 people

from the firm's website & curated
Kelsey Reilly· Manager of Operationsin
Rik Mersai· Assistant Controllerin
Zainab Ali· Data Engineerin

Founder mafia

3 people who came through Correlation Ventures went on to found or lead other companies.

What they invest in

from 94 of 306 portfolio companies

AI & Machine Learning ×42SaaS ×38Enterprise Software ×29Fintech ×18Healthtech ×18Data & Infrastructure ×12Digital Health ×12Consumer ×9

HQs:United States×87Canada×1Pakistan×1

Who they back

founder profiles across 50 portfolio companies
46%
solo founders
23 of 50 mapped founding teams
51%
repeat founders
of 67 founders with career history
~3 yrs
old at investment
median across 19 dated deals

Founding team size:solo founder×232 founders×193 founders×54+ founders×3

Where their founders studiedfrom 65 founders with education data

Stanford University ×10Harvard University ×6Stanford University Graduate School of Business ×4University of Maryland ×4Massachusetts Institute of Technology ×3Brown University ×2Georgia Institute of Technology ×2Harvard Business School ×2

What their founders studiedfrom 60 founders with field-of-study data

Computer Science ×23Business & Management ×15Engineering ×13Finance & Accounting ×4Humanities ×4Mathematics & Statistics ×4Economics ×3Life Sciences ×3

Where their founders worked beforefrom 67 founders with career history

Google ×3Intel Corporation ×3Zynga ×3Airbnb ×2Databricks ×2Department of Defense ×2Electronic Arts ×2Facebook ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×6

6 founders hold a PhD · 13 hold an MBA (of 68 with degree data)

Investments · 306 tracked

founders shown can be your intro path

By year:2026 · 72025 · 92024 · 62023 · 102022 · 52021 · 72020 · 22018 · 22017 · 12016 · 32015 · 52013 · 159 dated

IonQNYSE: IONQ

IonQ develops and operates quantum computers based on trapped-ion technology, selling access to its systems through major cloud platforms (AWS, Microsoft Azure, Google Cloud) as well as directly to customers, and manufactures specialized quantum computing hardware alongside complementary quantum networking, sensing, and security products.

Co-investorsFPVManta Ray VenturesOUP (Osage University Partners)Runa CapitalSamsung Catalyst FundSilver Lake Partners+4 more

Ankasa Regenerative Therapeuticsankasaregenerativetherapeutics.com✓ verified

Ankasa is developing ART352-L, a regenerative medicine designed to enhance bone formation in reconstructive surgeries, with initial focus on spinal fusion procedures to treat degenerative disc disease.

BiotechLongevityMedical DevicesLa Jolla, US

Sanford J. Madigan, Ph.D.(Co-Founder, Chief Executive Officer)Jill A. Helms, D.D.S., Ph.D.(Co-founder, Former CSO, currently Senior Advisor)Douglas Downs(Executive Officer, Director)Sanford J. Madigan(CEO)

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)inSchalon Newton(Executive Officer)in

BoardChristy Shaffer(Director)inRalph Bradshaw(Director)

Co-investorsExSight VenturesHatteras Venture PartnersSolasta VenturesAccess BiotechnologyBios PartnersFemHealth Ventures+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 & FitnessNew York, US

Ana Mahony(CEO & Founder)in

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

Adona
Adonis
Aerorx
AeroRx TherapeuticsinOct 2025

HealthtechLa Jolla, US

Ahmet Tutuncu, M.D., Ph.D.(Executive Officer, Director)

BoardTighe Reardon(Executive Officer)Heather Preston, M.D.(Director)Jay B. Lichter, Ph.D.(Director)Sanford Madigan, Ph.D.(Director)John Stuart Patton, Ph.D.(Director)

Co-investorsAvalon BioVenturesAlexandria

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)

BoardBrigitte Smith(Director)Albert Cha(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.comin𝕏

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

Ben Barres(Scientific Co-Founder)Douglas Love(Founder)inMark L Smith(Executive Officer)Campbell Murray(Director)Thomas Wiggans(Director)Ricky Sun(Director)

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 CapitalZag CapitalVertical Venture Partners

Baserock Ai
Baukunstbaukunst.coSep 2026 · $3.5M

Baukunst is an independent venture capital firm that invests in early-stage companies developing technology and design solutions across sectors including manufacturing, AI, healthcare, and consumer products.

Sector Agnostic

Axel Bichara(Founder)in

Co-investorsWesterly WindsFounders NetworkKarman VenturesNextView Ventures

Betterworks
Bid Ops
Bigeye
Birdstop
Biztrip Ai
Blok
Bloomzbloomz.comin𝕏

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 service designed for software development teams to coordinate daily work and deliver quality products.

Developer ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

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)NIR KLAR(RELATIONSHIP: SECRETARY)inYACOV EYAL LIFSHITZ(Executive Officer, Director)

BoardStewart Newbigging Wilkinson(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)inAngelina Palmerino(Co-Founder & Chief Product Officer)inSallie Halsey(Chief Operations Officer)inJessica Veiga(Chief Revenue Officer)inTravis Cherry(Chief Technology Officer)inErica Cramer(Senior Vice President, Client Services)in

Co-investorsPillar VCPoint72 VenturesGradient VenturesHigh AlphaPeak State Ventures

Bountiful
Bravelyworkbravely.comin𝕏Aug 2021 · $15M

Bravely provides personalized coaching services to employees at organizations, helping with leadership development, conflict resolution, and employee retention.

Enterprise SoftwareFuture of WorkHR TechWellness & FitnessNew York, US

Toby Hervey(Executive Officer, Director)inSarah Sheehan(Executive Officer, Director)in

Co-investorsAlleyCorpBling CapitalPrimary Venture PartnersSemperVirens Venture CapitalTelescope PartnersTMV+3 more

Bravely
Bubbles
Budgie Healthbudgie-health.comin

Budgie is a healthcare benefits platform that uses a data model to match employees to the most cost-effective health plan during open enrollment and helps them lower fees or get reimbursed on prescriptions and medical visits year-round.

Digital HealthHR 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)inWilm Kranz(Founder)in

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.ioinFeb 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
Candesant Biomedicalcandesant.comJun 2023

Non-invasive relief for excessive sweating.

HealthtechSan Francisco, US

Niquette L. Hunt(Executive Officer, Director)Mary Beth Kreissler(Executive Officer)Robert Grove, Ph.D.(Director)Michael A. C. Kane, M.D.(Director)Samara Braunstein(Director)

BoardAmy L. Schulman(Director)

Co-investorsDreamers VC

Captain Experiences
Carats & Cakecaratsandcake.com𝕏Jul 2022 · $10.6M

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

Browse all 306 investments with full details →

106 more tracked companies

Paladin DronesPandoPandoParallel MarketsPersonal CapitalPetabytePikkitPine Park HealthPlacemeterPleyPodcornPorosityPowervisionPrattlePrivaceraProofProseProseProshortPyzePyzeQlarisQlaris BioQuadsciQualifiQuantileQuantile HealthRaspberryRaspberry AIReclaimReclaim AiReelgoodRenumerateRevsureRevsureRightrevRithmmRithmmRoamRocket JumpROHRosoticsRqx PharmaceuticalsRynseSafireSafireSafire Technology Group, Inc.Scout BioSequenSequencingShoCardSignifaiSimple HabitSkyselectSlyncSonoroSource3SpeedscaleSpiroxSpiroxSplice MachineStatisfyStereStorecashSubskribeSundaeSwellSynthorxSynthoryxTabflowsTapcartTatchTavusTeleskopeTernaryTertuliaThrive FantasyTofuTractTrefoilTrek HealthTrustleTwillUnitiveUnveerUrjanetValora TherapeuticsVendeluxVendiaVerdVirstoVisorweblinkWeekend Fka VolleyWeplayedWePlayedWindmillWonderschoolWrangleWunderiteYoast SEOYumiZebitZenlyticZippiaZippia

Exits · 5

IPOs and acquisitions across the tracked portfolio

IonQNYSE: IONQGynesonicsacq. 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 258 tracked investments, 9 of which have exited via acquisition or IPO, including 8 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, Kleiner Perkins, among 290 tracked co-investors.

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Co-investors · 57

Founders Fund

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

$500K – $5M
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
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
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
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
Crosslink Capital

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

$1M – $9M
Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

$100K – $10M
FJ Labs

FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.

$100K – $3M
Sierra Ventures

Sierra Ventures is an early-stage venture capital firm that invests in first-principles founders, backing companies from inception through Series A across AI infrastructure, applied/vertical AI, deep tech, and physical/embodied AI.

$10M
Craft Ventures

Craft Ventures is a venture capital firm run by a team of former founders, operators, and investors who partner closely with founders to help build and scale technology companies.

Both backed · 2
$50K – $50M
45 more co-investors

SV AngelForerunner Ventures500 GlobalStorm VenturesArtis VenturesWndrCoRestive VenturesCRV (Charles River Ventures)SignalFireUlu Ventures8VCSocial LeverageBitkraft Esports VenturesBallistic VenturesNyca PartnersFf Venture CapitalEngineering CapitalGeneral CatalystUncork CapitalGreat Oaks Venture CapitalHack VCParadigm2048 VenturesTribe Capital FirstlookStandard CapitalICONIQ 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.

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