Name

Correlation Ventures

Legal name

Correlation Management, LLC

Website

http://correlationvc.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Venture Debt Providers (FSANAAAL)

akta.pro secondary industries

Independent Venture Debt Funds / Platforms (FSANAIAB), Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)

Keywords

• Venture capital investing
• Data-driven investing
• Co-investment capital
• Predictive analytics investing
• Seed to late-stage funding

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Management Fees: Standard VC management fees charged to Limited Partners (university endowments, foundations, pensions, high net worth family offices) who invest in Correlation Ventures funds.
2. Carried Interest: Performance-based carried interest from successful portfolio company exits. The firm invests in outside VC-led rounds and benefits from equity appreciation when companies succeed.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Correlation Ventures is a venture capital firm that invests as a co-investor alongside other VC firms in private, U.S.-headquartered companies across all stages from seed to late-stage, with check sizes of $100,000 to $4 million initially and up to $10 million over a company's life. The firm differentiates itself through a data-driven "Moneyball" approach using a proprietary predictive analytics platform built on a comprehensive 30-year database of U.S. venture capital financings, enabling investment decisions within days rather than weeks or months. It does not require board seats and co-invests with over 250 different VC firms.

Product overview

Correlation Ventures is a venture capital firm offering investment services from seed to late-stage rounds, with a distinctive rapid decision-making model that completes investment analysis within days. The firm operates primarily as a co-investor alongside other VC firms, leveraging its proprietary data science platform and extensive database of U.S. venture capital financings covering nearly 30 years of investment history. Key offerings include a VC Matching Tool for connecting portfolio companies with syndicate partners, predictive analytics for investment evaluation, and a job board platform for portfolio company recruitment. The firm manages over $360 million in assets across 200+ portfolio companies spanning diverse sectors including software, biopharma, consumer, enterprise, financial services, and digital health.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Investment Services Co-investment venture capital across all stages from seed to late-stage in private, U.S.-headquartered companies, requiring co-investment with at least one other VC firm. Check sizes range from $100,000 to $4 million initially and up to $10 million over a company's life, with investment decisions made within days and no board seats required.
• Portfolio Job Board Platform A job board platform connecting job seekers with open positions at Correlation Ventures portfolio companies, typically featuring 500-1000 open roles across the 200+ active portfolio companies.

Quantifiable outcome

• Investment decisions made within days (vs typical weeks/months)
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SignalFire: SignalFire is a data-driven early- and growth-stage venture firm that uses a proprietary analytics platform (Beacon) to source, evaluate, and support portfolio companies. It is the closest direct peer to Correlation Ventures in applying proprietary data science to VC investing, though SignalFire tends to lead rounds more frequently.
• Bloomberg Beta: Bloomberg Beta is a data-informed early-stage venture firm backed by Bloomberg L.P. that uses analytics to identify and support seed-stage startups. Its data-driven thesis and small-team approach to investing make it a directly comparable peer to Correlation's analytics-led model.
• EQT Ventures: EQT Ventures operates the Motherbrain AI platform to source and triage thousands of startups, applying machine learning to deal selection. Like Correlation, it pairs proprietary data infrastructure with traditional venture investing, making it a relevant peer in the data-driven VC category.
• Initialized Capital: Initialized Capital is an early-stage venture firm founded by Garry Tan and Alexis Ohanian that invests across sectors with a founder-friendly, hands-on approach. While not analytics-led, it is a directly comparable peer in stage breadth, check size range, and U.S.-focused seed/early-stage investing.
• Eniac Ventures: Eniac Ventures is a seed-stage venture firm investing in technical founders across software verticals with check sizes typically $500K–$2M. It overlaps with Correlation Ventures on early-stage check sizes, sector breadth, and U.S.-based investing.
• Pear VC: Pear VC is a seed-stage venture firm founded by Pejman Nozad and Mar Hershenson that invests across sectors with a hands-on founder-support model. It is comparable to Correlation in stage focus, check size, and sector-agnostic seed investing, though it more often leads rounds.

Broad incumbents

• Trinity Capital: Trinity Capital is a publicly-traded specialty lender providing venture debt and equipment financing to growth-stage technology and life sciences companies. It is a relevant broad incumbent given that Correlation Ventures also originates venture debt alongside equity (per its short description), making the two comparable on the credit side of venture investing.
• Western Technology Investment (WTI): WTI is one of the longest-running independent venture debt providers, financing venture-backed technology and life sciences companies. It is comparable to Correlation's debt-financing activity and its independent (non-bank-affiliated) origination model.

Emerging players

• Lighter Capital: Lighter Capital provides revenue-based financing and venture debt to early- and growth-stage tech companies, often without taking equity. As a non-bank, technology-focused credit provider, it competes in adjacent capital-stack slots to Correlation's debt investments.
• Antler: Antler is a global early-stage venture firm that runs cohort-based founder programs and invests at pre-seed/seed across geographies. It is partially comparable to Correlation in stage and check size but operates a residency-driven model distinct from Correlation's data-led co-investment approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Correlationvc
• LinkedInlinkedin.com/company/1417265
• Facebookfacebook.com/correlationvc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments514 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Correlation Ventures