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 Mar 2026, Correlation Ventures is an active investor, having invested in 341 companies, with 10 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 Consumer and High Tech. Most recently it participated in the $***** Seed round of Hamilton Overall, Correlation Ventures portfolio has seen 1 unicorn, 10 IPOs and 80 acquisitions including key companies like Casper, Upstart and IonQ. 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 31 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Portfolio Unicorns
Correlation Ventures' List of Top Investments
Correlation Ventures has a portfolio of 341 companies, one of which is a Unicorn. Their most notable investments are in Knock and Raspberry AI.Their portfolio spans across United States, Canada, United Kingdom and 6 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 33 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Correlation Ventures:1. Casper
Internet-first brand offering mattresses. It has features such as waterproof technology, cooling cover, and more. It also provides pillows, bed frames, bedding, bed sheets, and more. Users can also take a quiz to get personalized product recommendations.
Key facts about Casper
- Founded Year: 2014
- Location: New York City (United States)
- Annual Revenue: $497M as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $340M
- Employee Count: 794 as on Mar 31, 2026
- Investors: TriplePoint Capital, IVP and 56 Others
- Latest Funding Round: Series D, Mar 27, 2019, $*****
- Highlight: Acquired
2. 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)
- Stage: Series F
- Total Funding till date: $288M
- Employee Count: 558 as on Feb 28, 2026
- Investors: TriplePoint Capital, Menlo Ventures and 28 Others
- Latest Funding Round: Conventional Debt, Sep 09, 2020, $*****
- Highlight: Editors' Pick
3. 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: $637M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $129M
- Employee Count: 1,834 as on Mar 31, 2026
- Investors: HTIF, Menlo Ventures and 28 Others
- Latest Funding Round: Series D, Apr 08, 2019, $*****
- Highlight: Public
4. 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: 242 as on Feb 28, 2026
- Investors: Lerer Hippeau, Rosecliff Ventures and 15 Others
- Latest Funding Round: Series B, Mar 26, 2024, $*****
- Highlight: Editors' Pick
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5. IonQ
Provider of cloud and trapped ion technology-based universal quantum computers. It provides users with a company that offers quantum computer that traps individual ionized ytterbium atoms in a 3D space and uses lasers for computation purposes.
Key facts about IonQ
- Founded Year: 2015
- Location: College Park (United States)
- Annual Revenue: $43.1M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $86M
- Employee Count: 114 as on Jul 01, 2024
- Investors: Silver Lake, Amazon and 23 Others
- Latest Funding Round: Series B, Jun 16, 2020, $*****
- Highlight: Public
Correlation Ventures' Year-on-Year Investment Trends
Correlation Ventures has invested in 341 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 Mar 2026, it has made 4 investments in this year. Its most recent first time investment was in Hamilton and most recent follow-on round was in Neura Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 10 | 2 | 12 |
2024 | 13 | 2 | 15 |
2023 | 17 | 3 | 20 |
2022 | 24 | 6 | 30 |
2021 | 18 | 7 | 25 |
2020 | 17 | 6 | 23 |
2019 | 16 | 7 | 23 |
2018 | 9 | 5 | 14 |
2017 | 19 | 3 | 22 |
Correlation Ventures' Investments by Stage
Correlation Ventures has made 102 investments in Seed stage with an average round size of $4.06M, 95 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 | 102 |
Series A | 95 |
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 314 Tech companies, 231 Enterprise (B2B) companies, 192 Software companies and at least 118 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 116 |
Consumer | 59 |
FinTech | 31 |
High Tech | 30 |
Life Sciences | 24 |
Others | 224 |
Note: We have considered here, only first round of investments
Correlation Ventures' Investments by Geography
Correlation Ventures has made most investments in United States (219), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 219 |
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 4 investments in 2026 so far. Hamilton and QuadSci 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 |
|---|---|---|---|---|---|
Mar 23, 2026 | United States | Seed | 4214 | [+6] | |
Feb 17, 2026 | United States | Series A | 1237 | [+5] | |
Feb 02, 2026 | United States | Seed | 1189 | [+3] | |
Jan 2026 | United States | Series A | 2713 | [+1] | |
Oct 08, 2025 | United States | Series A | 8164 | [+2] |
Unicorns in Correlation Ventures' Portfolio
Correlation Ventures has 1 unicorn in its portfolio - Alloy. The most recent unicorn in their portfolio is Alloy which became a unicorn in 2021, 4 years before 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 |
|---|---|---|---|---|---|---|---|
65 | Identity decisioning platform for banks and fintech firms | 2015 | New York City | Series C | fytjjpd |
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 | 2831 | |
Jun 11, 2021 | Mar 03, 2021 | Series A | 2678 | |
Dec 16, 2020 | - | - | 5154 | |
Oct 26, 2020 | Oct 26, 2015 | Series A | 1240 | |
Jul 24, 2020 | Jun 23, 2016 | Series B | 8869 |
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Acquired companies in Correlation Ventures' Portfolio
80 companies from Correlation Ventures' portfolio have been acquired. The most recent acquisition were EarnUp in Feb 2026 by Array.Here are Correlation Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 25, 2026 | Jul 07, 2016 | Seed | 5790 | |
Oct 14, 2025 | Jan 11, 2023 | Series A | 7909 | |
Mar 27, 2025 | Jul 22, 2020 | Series A | 9626 | |
Mar 03, 2025 | Dec 30, 2020 | Series A | 9816 | |
Jan 16, 2025 | - | - | 4246 |
Team profile of Correlation Ventures
Correlation Ventures has a team of 31 members including 5 Partners, 1 Venture Partner and 2 Principals 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 | Delhi | - | ||
Partner | Sarasota | - | ||
Partner | New York City | - | ||
Partner | San Francisco | - | - | |
Venture Partner | San Francisco | - | - | |
Principal | Sarasota | - | ||
Principal | San Diego | - |
Co-investors of Correlation Ventures
Over the past 16 years, 1489 investors have co-invested in Correlation Ventures's portfolio companies. This includes funds and angels.
- Invested before Correlation Ventures: Y Combinator, 500 Global and 341 others have invested in rounds before Correlation Ventures. There are 12 companies where Y Combinator has invested before Correlation Ventures and 6 companies where 500 Global has invested before Correlation Ventures.
- Top Co-investors of Correlation Ventures: 650 investors entered a company along with Correlation Ventures. These include investors like Greycroft (12 companies).
- Invested after Correlation Ventures: A total of 496 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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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, 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
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Neura Health Secures $11.4 Million Series A for National ExpansionBenzinga•Sep 29, 2025•Neura Health, American Heart Association, E12 Ventures, Koch Disruptive Technologies and 3 others
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Harvard dropout's political trading platform secures $30M in funding.
Jinglingshuju•May 06, 2025•dub, Notable Capital, Sandberg Bernthal Venture Partners, PEAK6 and 2 others
