About Uncorrelated Ventures
Uncorrelated Ventures is a venture capital firm founded in 2020. It is primarily based out of San Francisco, United States. As of Jul 2026, Uncorrelated Ventures is an active investor, having invested in 199 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 High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Reo Overall, Uncorrelated Ventures portfolio has seen 19 unicorns, 4 IPOs and 35 acquisitions including key companies like Salesforce, Blockchain and Lending Club. A lot of funds co-invest with Uncorrelated Ventures, with names like Hack VC sharing a substantial percentage of its portfolio. Uncorrelated Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Unicorns
Deals in last 12 months
Uncorrelated Ventures' List of Top Investments
Uncorrelated Ventures has a portfolio of 199 companies, including 19 unicorns. Their most notable investments are in Angel Studios and Netmaker.Their portfolio spans across United States, India, United Kingdom and 14 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 24 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Uncorrelated Ventures:1. Salesforce
Provider of a platform delivering customer relationship management and cloud solutions. The platform offers applications and tools for sales, service, marketing, commerce, and information technology. It enables businesses to automate tasks, analyze data, and personalize customer interactions. The platform’s features include artificial intelligence, data integration, and application development capabilities.
Key facts about Salesforce
- Founded Year: 1999
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $52M
- Employee Count: 76,453 as on Jan 31, 2025
- Investors: Meritech, Glynn Capital and 38 Others
- Latest Funding Round: Post IPO, May 23, 2023, $*****
- Highlight: Public
2. Databricks
Provider of a unified data and AI platform for building and managing analytical and operational workloads. This platform enables organizations to build business intelligence and artificial intelligence applications, stream and analyze data, and process daily operations with consistent security, performance, and governance. It integrates data engineering, data warehousing, and machine learning capabilities into a single foundation, allowing teams to build, deploy, and manage production applications.
Key facts about Databricks
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2024
- Valuation: $*****
- Stage: Series L
- Total Funding till date: $25.2B
- Employee Count: 5,679 as on Dec 31, 2025
- Investors: equitywestsecurities.com, Founders Circle Capital and 127 Others
- Latest Funding Round: Series L, Jul 17, 2026, $*****
- Highlight: Editors' Pick
3. Blockchain
App-based platform for exchange and trading solutions for cryptocurrency. It enables users to buy, sell, swap, hold, earn, and trade crypto. It also has a wallet where users can buy, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO. It also allows users to transfer cryptocurrencies to interest accounts where users can earn interest. It is available on iOS and Android devices.
Key facts about Blockchain
- Founded Year: 2011
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $700M
- Employee Count: 1,212 as on Sep 30, 2026
- Investors: Access Industries, Baillie Gifford and 29 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Highlight: Editors' Pick
4. Lending Club
P2P marketplace for consumer and business loans. It offers multiple loans including personal loans, refinancing loans, healthcare loans, SME loans, and more. It offers loans to borrowers from multiple institutional/individual investors and lenders. Loans are offered on the basis of credit assessments and user profiles.
Key facts about Lending Club
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $219M
- Employee Count: 977 as on Jul 31, 2026
- Investors: TrueBridge, Section Partners and 46 Others
- Latest Funding Round: Post IPO, Oct 18, 2016, $*****
- Highlight: Public
5. CoinDCX
Provider of cryptocurrency exchange services. This platform enables users to trade various digital assets through a secure and intuitive interface. It offers tools for buying, selling, and managing portfolios of cryptocurrencies, catering to both retail and professional traders. The service focuses on providing liquidity and market access for a wide range of blockchain-based tokens.
Key facts about CoinDCX
- Founded Year: 2018
- Location: Mumbai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $247M
- Employee Count: 101 as on May 31, 2026
- Investors: Steadview, Temasek and 32 Others
- Latest Funding Round: Series D, Oct 15, 2025, $*****
- Highlight: Editors' Pick
Uncorrelated Ventures' Year-on-Year Investment Trends
Uncorrelated Ventures has invested in 199 companies over the last 6 years, with an average of 15 new investments annually in the last 5 years. In 2025, it made 16 investments, while as of Jul 2026, it has made 8 investments in this year. Its most recent first time investment was in Reo and most recent follow-on round was in HockeyStack.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 2 | 8 |
2025 | 8 | 8 | 16 |
2024 | 10 | 5 | 15 |
2023 | 16 | 6 | 22 |
2022 | 27 | 4 | 31 |
2021 | 34 | 2 | 36 |
2020 | 9 | 1 | 10 |
Uncorrelated Ventures' Investments by Stage
Uncorrelated Ventures has made 48 investments in Series A stage with an average round size of $15M, 41 investments in Seed stage with an average round size of $5.08M, 17 investments in Series B stage with an average round size of $36.1M, 3 investments in Series C stage with an average round size of $136M and 1 investment in Series D stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Series A | 48 |
Seed | 41 |
Series B | 17 |
Series C | 3 |
Series D | 1 |
Note: We have considered here, only first round of investments
Uncorrelated Ventures' Investments by Sector
Uncorrelated Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, High Tech and Blockchain Technology. Notably, it has invested in 190 Tech companies, 174 Enterprise (B2B) companies, 155 Software companies and at least 107 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 83 |
Enterprise Infrastructure | 51 |
FinTech | 33 |
High Tech | 19 |
Blockchain Technology | 10 |
Others | 66 |
Note: We have considered here, only first round of investments
Uncorrelated Ventures' Investments by Geography
Uncorrelated Ventures has made most investments in United States (88), followed by India where it has made 10 investments.Country | No. of Investments |
|---|---|
United States | 88 |
India | 10 |
United Kingdom | 6 |
Canada | 4 |
Australia | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Uncorrelated Ventures' recent investments
Uncorrelated Ventures has made 8 investments in 2026 so far. Reo and HockeyStack are the latest among them.Here are the most recent investments by Uncorrelated Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 16, 2026 | United States | Series A | 2873 | [+6] | |
Apr 15, 2026 | United States | Series A | 5030 | ||
Mar 19, 2026 | United States | Series A | 3475 | [+2] | |
Mar 11, 2026 | United States | Series A | 8226 | [+3] | |
Feb 25, 2026 | United States | Series A | 8272 |
Unicorns in Uncorrelated Ventures' Portfolio
Uncorrelated Ventures has 19 unicorns in its portfolio - WorkOS, Defense Unicorns, Cast AI and others. The most recent unicorn in their portfolio is WorkOS. It became a unicorn in 2026, 4 years after Uncorrelated Ventures first invested in it.Here is a list of unicorns in Uncorrelated Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Cloud based solutions for secure access control | 2019 | San Francisco | Series B | nwkgtnq | ||
58 | Developer of a platform for secure software delivery to military systems | 2021 | Colorado Springs | Series B | milybyp | ||
67 | Provider of a platform for Kubernetes automation and cost optimisation | 2019 | Miami | Series C | mtac{ab | ||
69 | Cloud based product analytics tools | 2020 | San Francisco | Series E | ubpzslz | ||
66 | Embedded crypto solutions for financial institutions | 2017 | Chicago | Series D | sshnykf |
IPOs and Publicly Listed companies in Uncorrelated Ventures' Portfolio
4 of Uncorrelated Ventures' portfolio companies have become public. Rentomojo got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Sep 2026 at marketcap of $438M and Dynatrace got listed on the New York Stock Exchange (NYSE) at marketcap of $4.41B.Here are Uncorrelated Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2026 | - | - | 3519 | |
Aug 02, 2019 | - | - | 5891 | |
Dec 11, 2014 | - | - | 9977 | |
Jun 23, 2004 | - | - | 4404 |
Acquired companies in Uncorrelated Ventures' Portfolio
35 companies from Uncorrelated Ventures' portfolio have been acquired. The most recent acquisition was Pando in Aug 2026 by Fleetx for $*****.Here are Uncorrelated Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 20, 2026 | May 03, 2023 | Series B | 7035 | |
Jun 11, 2026 | Jul 28, 2022 | Series A | 9811 | |
Jun 11, 2026 | Sep 17, 2024 | Series B | 3353 | |
Jan 19, 2026 | Jan 12, 2022 | Seed | 4204 | |
Dec 09, 2025 | Aug 03, 2023 | Seed | 5309 |
Team profile of Uncorrelated Ventures
Uncorrelated Ventures has a team of 1 member located in United States. Uncorrelated Ventures' team does not sit on the board of any company as of now.Co-investors of Uncorrelated Ventures
Over the past 6 years, 987 investors have co-invested in Uncorrelated Ventures's portfolio companies. This includes funds and angels.
- Invested before Uncorrelated Ventures: Y Combinator, Bain Capital Ventures and 329 others have invested in rounds before Uncorrelated Ventures. There are 20 companies where Y Combinator has invested before Uncorrelated Ventures and 4 companies where Bain Capital Ventures has invested before Uncorrelated Ventures.
- Top Co-investors of Uncorrelated Ventures: 445 investors entered a company along with Uncorrelated Ventures. These include investors like Hack VC (12 companies).
- Invested after Uncorrelated Ventures: A total of 211 investors have invested in Uncorrelated Ventures's portfolio after their investments. Top Investors include Republic (2 companies), SVB (2 companies) and Abstract Ventures (2 companies).
Recent News related to Uncorrelated Ventures
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Elevation Capital leads $11.3 Million Series A round in Reo.DevEntrackr•Jul 16, 2026•India Quotient, Reo, Heavybit, Elevation Capital and 2 others
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Data extraction start-up Daloopa lands $20m investment led by Credit SuisseFinTech Futures•Jun 05, 2026•Daloopa Technologies, Hack VC, Uncorrelated Ventures, UBS and 1 other
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Arpio Raises $15 Million to Advance AI-Native Automated Recovery Platform for Cloud EnvironmentsBusiness Wire•Jun 03, 2026•Lookout Ventures, CreativeCo, Arpio, Uncorrelated Ventures and 5 others
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HockeyStack Raises $50M to Build Revenue Agents for the EnterprisePR Newswire•Apr 15, 2026•HockeyStack, Bessemer Venture Partners, Y Combinator, Uncorrelated Ventures
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Assiduus Global raises $25M in Pre-Series B led by Bajaj FinservStartupTalky•Mar 19, 2026•Bajaj Finserv, Assiduus, Uncorrelated Ventures, Startupxseed Ventures and 1 other
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Peak XV leads $6.6 Mn funding round in BambooBox AI-driven orchestration platformEntrackr•Mar 17, 2026•Peak XV Partners, Bamboobox, Emergent Ventures, Sequoia Capital and 5 others
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YC’s Escape nabs $18M from Balderton to capitalise on cybersecurity’s ‘unique moment’ Tech Funding News•Mar 10, 2026•Escape, Balderton Capital, IRIS, Uncorrelated Ventures and 2 others
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Defense Unicorns Raises $136 Million Series B for Secure Software Delivery, Achieving $1B ValuationPR Newswire•Jan 13, 2026•Defense Unicorns, Bain Capital, Ansa, Sapphire Ventures and 4 others
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Lemurian Labs Raises $28 Million Series A to Liberate AI from the Constraints of Hardwareintelligence360•Dec 03, 2025•Lemurian Labs, Oval Park Capital, AMD, Nvidia and 17 others
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Throne Labs Secures Initial Close of $15 Million Series B to Expand Smart Restroom Infrastructure Nationwideintelligence360•Nov 10, 2025•Throne, Uncorrelated Ventures, Rabil Ventures, Dipalo Ventures and 2 others
