About Correlation Ventures
Correlation Ventures is a venture capital firm founded in 2006. It is primarily based out of San Francisco, United States. As of Sep 2026, Correlation Ventures is an active investor, having invested in 396 companies, with 6 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Fambot Overall, Correlation Ventures portfolio has seen 4 unicorns, 10 IPOs and 95 acquisitions including key companies like BlueVine, Casper and Getaround. A lot of funds co-invest with Correlation Ventures, with names like Greycroft sharing a substantial percentage of its portfolio. Correlation Ventures has team of 24 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Portfolio Acquisitions
Correlation Ventures' List of Top Investments
Correlation Ventures has a portfolio of 396 companies, including 4 unicorns. Their most notable investments are in Splice Machine and Splice Machine.Their portfolio spans across United States, Canada, United Kingdom and 7 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 35 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Correlation Ventures:1. BlueVine
Provider of business checking accounts, business loans, and business credit cards. The company offers business checking with interest, accounts payable automation, and international payments. Business loans include lines of credit, term loans, and SBA loan access through lending partners. The business credit card provides cash back on purchases.
Key facts about BlueVine
- Founded Year: 2013
- Location: Redwood City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $288M
- Employee Count: 624 as on Sep 30, 2026
- Investors: Kreos Capital, Vintage Investment Partners and 28 Others
- Latest Funding Round: Conventional Debt, Sep 09, 2020, $*****
- Highlight: Acquired
2. Casper
Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories. The product line includes adjustable bed frames, headboards, sheets, mattress protectors, and duvets. These items are engineered to provide support and comfort for sleep. The business operates through an online store and physical retail locations.
Key facts about Casper
- Founded Year: 2014
- Location: New York City (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $340M
- Employee Count: 806 as on Sep 30, 2026
- Investors: K2 Global, avenuealtd.com and 56 Others
- Latest Funding Round: Series D, Mar 27, 2019, $*****
- Highlight: Acquired
3. Getaround
App-based peer-to-peer carsharing platform. The platform enables car owners to rent their cars to a community of drivers using their smartphones. Drivers can find the car using an app and reserve it through the app for using the car. Their app is available for iOS and Android devices.
Key facts about Getaround
- Founded Year: 2011
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $736M
- Employee Count: 255 as on Sep 30, 2026
- Investors: Redpoint Ventures, Reinvent Capital and 72 Others
- Latest Funding Round: Conventional Debt, Jan 24, 2024, $*****
- Highlight: Acquired
4. Upstart
AI-enabled online marketplace offering diversified loans to consumers and businesses. It offers loans such as personal loans, credit card loans, car loans, debt consolidation loans, wedding loans, medical loans, small business loans, and more. It provides personalized loan rates based on personal credit assessments.
Key facts about Upstart
- Founded Year: 2012
- Location: Palo Alto (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $129M
- Employee Count: 1,973 as on Sep 30, 2026
- Investors: HTIF, First Round Capital and 29 Others
- Latest Funding Round: Series D, Apr 08, 2019, $*****
- Highlight: Public
5. Ollie
Provider of customized, fresh food plans and delivery for dogs. The company formulates recipes with human-grade ingredients, including meat, fruits, and vegetables. Meal plans are developed by veterinary nutritionists to be complete and balanced. The company delivers food directly to the customer on a flexible schedule. It also offers an application for health screenings.
Key facts about Ollie
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $67.7M
- Employee Count: 248 as on Apr 30, 2026
- Investors: Canaan, Serena Ventures and 15 Others
- Latest Funding Round: Series B, Mar 26, 2024, $*****
- Highlight: Editors' Pick
Correlation Ventures' Year-on-Year Investment Trends
Correlation Ventures has invested in 396 companies over the last 16 years, with an average of 16 new investments annually in the last 10 years. In 2025, it made 12 investments, while as of Sep 2026, it has made 6 investments in this year. Its most recent first time investment was in Fambot and most recent follow-on round was in Neura Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 0 | 6 |
2025 | 10 | 2 | 12 |
2024 | 13 | 2 | 15 |
2023 | 17 | 4 | 21 |
2022 | 24 | 6 | 30 |
2021 | 19 | 7 | 26 |
2020 | 17 | 6 | 23 |
2019 | 16 | 7 | 23 |
2018 | 10 | 5 | 15 |
2017 | 19 | 3 | 22 |
Correlation Ventures' Investments by Stage
Correlation Ventures has made 105 investments in Seed stage with an average round size of $4.1M, 96 investments in Series A stage with an average round size of $10.4M and 18 investments in Series B stage with an average round size of $19M.Stage of entry | No. of Investments |
|---|---|
Seed | 105 |
Series A | 96 |
Series B | 18 |
Series C | 7 |
Series D | 4 |
Others | 2 |
Note: We have considered here, only first round of investments
Correlation Ventures' Investments by Sector
Correlation Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, High Tech and Life Sciences. Notably, it has invested in 359 Tech companies, 268 Enterprise (B2B) companies, 223 Software companies and at least 130 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 116 |
Consumer | 55 |
FinTech | 31 |
High Tech | 30 |
Life Sciences | 24 |
Others | 226 |
Note: We have considered here, only first round of investments
Correlation Ventures' Investments by Geography
Correlation Ventures has made most investments in United States (223), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 223 |
Canada | 2 |
United Kingdom | 2 |
Australia | 1 |
Austria | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Correlation Ventures' recent investments
Correlation Ventures has made 6 investments in 2026 so far. Fambot and Byron are the latest among them.Here are the most recent investments by Correlation Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 01, 2026 | United States | Seed | 9189 | [+3] | |
Jun 01, 2026 | United States | Seed | 1719 | [+2] | |
Mar 23, 2026 | United States | Seed | 4213 | [+6] | |
Feb 17, 2026 | United States | Series A | 1481 | [+5] | |
Feb 02, 2026 | United States | Seed | 4986 | [+3] |
Unicorns in Correlation Ventures' Portfolio
Correlation Ventures has 4 unicorns in its portfolio - Angle, Sequen, Fora and others. The most recent unicorn in their portfolio is Angle. It became a unicorn in 2026, 6 years after Correlation Ventures first invested in it.Here is a list of unicorns in Correlation Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | Provider of technology-enabled health insurance plans for employers and employees | 2019 | San Francisco | Series C | zdtcekh | ||
52 | Provider of behavior design engine optimizing user experience and business outcomes | 2024 | Long Island City | Series A | etrf{fu | ||
64 | Online platform for booking multiple categories of travel services | 2019 | New York City | Series D | drocov{ | ||
67 | Identity decisioning platform for banks and fintech firms | 2015 | New York City | Series C | dmqcjby |
IPOs and Publicly Listed companies in Correlation Ventures' Portfolio
10 of Correlation Ventures' portfolio companies have become public. IonQ got listed on the New York Stock Exchange (NYSE), in Oct 2021 and Janux Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $678M.Here are Correlation Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2021 | Oct 22, 2019 | Series B | 5044 | |
Jun 11, 2021 | Mar 03, 2021 | Series A | 1300 | |
Dec 16, 2020 | - | - | 6930 | |
Oct 26, 2020 | Oct 26, 2015 | Series A | 2144 | |
Jul 24, 2020 | Jun 23, 2016 | Series B | 6142 |
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Acquired companies in Correlation Ventures' Portfolio
95 companies from Correlation Ventures' portfolio have been acquired. The most recent acquisition was Learned Hand in Sep 2026 by Clio for $*****.Here are Correlation Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 30, 2026 | - | - | 1915 | |
Sep 28, 2026 | Oct 09, 2013 | Series A | 9082 | |
Sep 16, 2026 | - | - | 9623 | |
Aug 19, 2026 | May 01, 2022 | Series A | 1040 | |
Feb 25, 2026 | Jul 07, 2016 | Seed | 5514 |
Team profile of Correlation Ventures
Correlation Ventures has a team of 24 members including 6 Partners and 1 Venture Partner located in United States and India. Correlation Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Correlation Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Diego | - | ||
Partner | Indore | - | ||
Partner | Sarasota | - | ||
Partner | San Diego | - | ||
Partner | Brooklyn | - | ||
Partner | San Francisco | - | ||
Venture Partner | San Francisco | - | - |
Co-investors of Correlation Ventures
Over the past 16 years, 1504 investors have co-invested in Correlation Ventures's portfolio companies. This includes funds and angels.
- Invested before Correlation Ventures: Y Combinator, Lerer Hippeau and 343 others have invested in rounds before Correlation Ventures. There are 12 companies where Y Combinator has invested before Correlation Ventures and 6 companies where Lerer Hippeau has invested before Correlation Ventures.
- Top Co-investors of Correlation Ventures: 656 investors entered a company along with Correlation Ventures. These include investors like Greycroft (13 companies).
- Invested after Correlation Ventures: A total of 503 investors have invested in Correlation Ventures's portfolio after their investments. Top Investors include Gaingels (5 companies), Sapphire Ventures (3 companies) and Rock Springs Capital (3 companies).
Recent News related to Correlation Ventures
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Fambot Raises $3.5M in Pre-Seed FundingFinSMEs•Sep 03, 2026•Fambot, Karman, Founders Network, Baukunst and 2 others
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Byron Secures $9.1M Seed Funding Led by Square Peg for AI Tax AutomationThe SaaS News•Jun 02, 2026•Square Peg Ventures, Sorenson Capital, Liquid 2 Ventures, Correlation Ventures
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Blossom Health Raises $20M in Series A and Seed FundingFinSMEs•Mar 26, 2026•Blossom Health, Headline, Operator Partners, TA Ventures and 2 others
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Hamilton AI Raises $7.5M in Seed FundingFinSMEs•Mar 23, 2026•Hamilton, Bling Capital, TTV Capital, Mintaka Ventures and 5 others
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BizTrip AI Raises $1.5 Million in New Pre-Seed Fundingintelligence360•Feb 19, 2026•BizTrip, Black Angel Group, AI Fund, Correlation Ventures and 3 others
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QuadSci Receives $8M Series A Funding RoundMassinvestor•Feb 18, 2026•QuadSci Labs, Alumni Ventures, Crosslink Capital, Correlation Ventures and 5 others
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BizTrip.AI Adds $1.5M to Pre-Seed FundingBusiness Travel News•Feb 02, 2026•BizTrip, Black Angel Group, AI Fund, Correlation Ventures and 2 others
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OneAM Raises $4.7M in Seed FundingFinSMEs•Oct 23, 2025•OneAM, ThirdStream Partners, TTV Capital, Correlation Ventures
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AiPrise Raises $12.5M in Series A FundingFinSMEs•Oct 08, 2025•AiPrise, Headline, Y Combinator, Correlation Ventures and 2 others
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AeroRx Therapeutics Raises $21M in Series A FinancingFinSMEs•Oct 08, 2025•Avalon Bio Ventures, Alexandria, Correlation Ventures, AeroRx
