When was Correlation Ventures founded?

Correlation Ventures was founded in 2006.

Where is Correlation Ventures' headquarters located?

Correlation Ventures' headquarters is located in San Francisco ( United States ).

How big is Correlation Ventures' investment team?

Correlation Ventures has a team of 24, including 9 partners.

How many companies has Correlation Ventures invested in?

Correlation Ventures has invested in 330 companies, including BlueVine & Getaround.

Which companies has Correlation Ventures invested in lately?

Trek Health & dub are the latest investments by Correlation Ventures.

What sectors does Correlation Ventures focus on for investments?

Top sectors in Correlation Ventures' portfolio are Enterprise Applications (149 investments) and High Tech (59 investments).

What stages of companies does Correlation Ventures typically invest in?

Correlation Ventures primarily invests in Seed and Series A stages.

Correlation Ventures - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

Q: How many exits has Correlation Ventures been involved in?

Correlation Ventures' portfolio has seen 10 IPOs and 79 acquisitions.

1. BlueVine

Digital bank for businesses. Its services include checking accounts, NFC-enabled prepaid cards for online/offline purchases, bill payments, money transfers, and more. It features business credit lines, management tools, and more.

Key facts about BlueVine

Founded Year: 2013
Location: Redwood City (United States)
Stage: Series F
Total Funding till date: $288M
Employee Count: 334 as on Dec 31, 2022
Investors: Credit Suisse, Kreos Capital and 28 Others
Latest Funding Round: Conventional Debt, Sep 09, 2020, $75M
Highlight: Editors' Pick

2. 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: $1.7B as on Sep 06, 2019
Stage: Acquired
Total Funding till date: $736M
Employee Count: 128 as on Dec 31, 2022
Investors: Triangle Peak Partners, K2 Global and 71 Others
Latest Funding Round: Conventional Debt, Jan 24, 2024
Highlight: Acquired

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: $842M as on Dec 31, 2022
Stage: Public
Total Funding till date: $129M
Employee Count: 1,497 as on Dec 31, 2021
Investors: Sunrise Ventures, HTIF and 28 Others
Latest Funding Round: Series D, Apr 08, 2019, $50M
Highlight: Public

4. Astra

Provider of space-based solutions for mission launch services. It provides users with a company that offers standard satellite delivery solutions that fit into a 1U or 3U deployer into low-Earth orbit and direct online reservations for orbital deliveries. It also produces rockets that are designed for facilitating daily spaceflights.

Key facts about Astra

Founded Year: 2016
Location: Alameda (United States)
Stage: Series B
Total Funding till date: $136M
Employee Count: 317 as on Dec 31, 2022
Investors: Advance, B. Riley Financial and 13 Others
Latest Funding Round: Series B, May 20, 2024, $5.27M
Highlight: Editors' Pick

5. Ollie

Ollie is a brand of customized food items for dogs. It offers dog's meal plan based on their age, breed, activity level, allergies, and ideal weight. The offering of the company includes beef, chicken, lamb, and turkey. The company claims to use all the nutrition ingredients in the food meals.

Key facts about Ollie

Founded Year: 2015
Location: New York City (United States)
Stage: Series B
Total Funding till date: $67.7M
Investors: Canaan, Lerer Hippeau and 15 Others
Latest Funding Round: Series B, Mar 26, 2024, $21.3M
Highlight: Editors' Pick

Want to see the entire list?

Correlation Ventures has invested in 330 companies over the last 15 years, with an average of 16 new investments annually in the last 10 years. In 2024, it made 14 investments, while as of May 2025, it has made 6 investments in this year. Its most recent first time investment was in Trek Health and most recent follow-on round was in Raspberry AI.

Here are Correlation Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	5	1	6
2024	12	2	14
2023	17	3	20
2022	23	6	29
2021	18	7	25
2020	16	6	22
2019	16	7	23
2018	9	5	14
2017	19	3	22
2016	16	8	24

View all investments by Correlation Ventures

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Correlation Ventures has made 95 investments in Seed stage with an average round size of $3.87M, 89 investments in Series A stage with an average round size of $10.2M and 19 investments in Series B stage with an average round size of $18.7M.

Here are Correlation Ventures' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Seed	95
Series A	89
Series B	19
Series C	7
Series D	4
Others	2

View all investments by Correlation Ventures

Correlation Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and Retail. Notably, it has invested in 300 Tech companies, 214 Enterprise (B2B) companies, 148 Software companies and at least 116 companies focusing on Consumer (B2C).

Here are Correlation Ventures' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	101
Consumer	60
High Tech	35
FinTech	31
Retail	24
Others	219

View all investments by Correlation Ventures

Correlation Ventures has made most investments in United States (207), followed by Canada where it has made 2 investments.

Here are Correlation Ventures' investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
United States	207
Canada	2
United Kingdom	2
Australia	1
Austria	1
Others	4

View all investments by Correlation Ventures

Correlation Ventures has made 6 investments in 2025 so far. Trek Health and dub are the latest among them.

Here are the most recent investments by Correlation Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
May 02, 2025	Trek Health	United States	Series A	$11M	Madrona Venture Group [+4]
May 01, 2025	dub	United States	Series A	$30M	Notable Capital [+5]
Mar 04, 2025	Nervonik	Canada	Series A	$13M	USVP [+1]
Feb 13, 2025	Tofu	United States	Series A	$12M	SignalFire [+9]
Jan 29, 2025	Rynse	United States	Seed	$5M	Autotech Ventures [+2]

Get the detailed list of all investments by Correlation Ventures. Download now!

See more recent investments made by Correlation Ventures

10 of Correlation Ventures' portfolio companies have become public. Janux Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $678M and IonQ got listed on the New York Stock Exchange (NYSE) at marketcap of $192M.

Here are Correlation Ventures' portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Janux Therapeutics	Jun 11, 2021	Mar 03, 2021	Series A	$56M
IonQ	Jan 08, 2021	Oct 22, 2019	Series B	$55M
Upstart	Dec 16, 2020	-	-	-
Zebit	Oct 26, 2020	Oct 26, 2015	Series A	$10M
Annexon	Jul 24, 2020	Jun 23, 2016	Series B	$44M

View more details about public companies in Correlation Ventures' portfolio

79 companies from Correlation Ventures' portfolio have been acquired. The most recent acquisition were Neon in May 2025 by Databricks for $1B.

Here are Correlation Ventures' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Neon	May 05, 2025	-	-	-
Shelf Engine	Mar 27, 2025	Jul 22, 2020	Series A	$12M
Sounding Board	Mar 03, 2025	Dec 30, 2020	Series A	$13.2M
Parallel Markets	Jan 16, 2025	-	-	-
Rubik	Jan 15, 2025	-	-	-

View all acquired companies in Correlation Ventures' portfolio

Correlation Ventures has a team of 24 members including 9 Partners, 2 Venture Partners and 3 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
Anu Pathria	Partner	San Diego	-	1 Email
Moiz Saifee	Partner	Delhi	-	1 Email, 1 Phone number
David Coats	Partner	Sarasota	-	1 Email
Trevor Kienzle	Partner	San Francisco	-	1 Email
Grace Chui-Miller	Partner	San Diego	-	1 Email
Wesley Barrow	Partner	New York City	-	1 Email
Keval Desai	Partner	San Francisco	-	-
Chuck Philyaw	Partner	San Diego	-	-
Saum A	Partner	United States	-	-
Adam S	Venture Partner	San Francisco	-	-
Tony Hung	Venture Partner	Boston	-	1 Email

Get the full list of Correlation Ventures' team & partners for free. Download now!

View team details of Correlation Ventures

Over the past 15 years, 1445 investors have co-invested in Correlation Ventures's portfolio companies.

Invested before Correlation Ventures: Y Combinator, 500 Global and 316 others have invested in rounds before Correlation Ventures. There are 10 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: 616 investors entered a company along with Correlation Ventures. These include investors like New Enterprise Associates (12 companies).
Invested after Correlation Ventures: A total of 511 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).