Correlation Ventures

A U.S. venture fund that leverages world-class analytics to offer entrepreneurs and other venture capitalists a dramatically better option when they are seeking additional co-investment capital to complete a financing round.

Venture Capital Active San Francisco, United States Est. 2010
Visit website ↗ LinkedIn
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
$3.0M
total disclosed, rounds participated
Stages
Pre-Seed, A Round, Seed

About

Correlation Ventures is a U.S. venture capital firm that specializes in co-investing in seed-stage and early-stage companies across a diverse range of sectors. The firm was founded in 2010 with a vision to revolutionize the venture capital industry by making swift, reliable investment decisions. They utilize predictive analytics and a quantitative model to make rapid co-investment decisions, typically within a few days. Correlation Ventures invests across all industry segments, U.S. geographies, and investment stages, from seed through late stage. The firm requires at least one other venture capital firm to invest alongside them in each opportunity. They aim to foster innovation and growth in their portfolio companies by providing capital, strategic guidance, and access to industry networks.

Portfolio · 1

Kwik
IoT Solution for Automatic Product Reordering
1 round $3.0M committed Latest: 2016-06

Investment activity

2 portfolio exits on record.

Portfolio by sector

Business Software4
Fintech & Insurtech2

Funds · 3

  • III — $130M Jun 2023
  • II — $200M Jan 2017
  • I — $165M Jan 2012

Q&A

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.
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