- What is Correlation Ventures' most recent fund close?
- Correlation Ventures announced the close of its third fund, Fund III, in June 2023, raising $130M.
- What is Correlation Ventures' investment focus?
- Correlation Ventures specializes in investing in seed-stage and early-stage companies across diverse sectors including business products, consumer services, healthcare, financial services, energy, cybersecurity, SaaS, life sciences, and e-commerce.
- Can you name a recent exit for Correlation Ventures?
- In January 2023, Correlation Ventures saw the acquisition of its portfolio company Jeeng - PowerInbox by OpenWeb for $100M.
- What is Correlation Ventures' approach to co-investing?
- Correlation Ventures requires at least one other venture capital firm to invest alongside them in each opportunity, allowing them to participate in various funding rounds from seed to late-stage.
- Which sectors does Correlation Ventures primarily invest in?
- Correlation Ventures shows a concentration in Business Software and Fintech & Insurtech, with 4 and 2 portfolio companies respectively in these sectors.
- Who are the founders of Correlation Ventures?
- Correlation Ventures was co-founded by David Coats and Trevor Kienzle, who both serve as Managing Directors.
- What is one of Correlation Ventures' notable portfolio companies in the fintech sector?
- Bluevine is a notable portfolio company of Correlation Ventures, operating in the small business banking solution space.
- When was Correlation Ventures founded?
- Correlation Ventures was founded in 2006.
