United States · Investor

Correlation Ventures

Last cheque observed Sep 2026; 394 cheques on record.

Deploying nowNew fund $121M, Oct 2022VC firm

Pre-seedSeedSeries AAdvertising (AdTech)Big Data & AnalyticsBlockchain

Deploying now
42%of best year20cheques in 12 months, 394 on record
Since the last cheque60days00hrs00min00sec
Median round$9.0MCheque size, as they say$100K – $4.0MRounds led0 of 394Sole investor11 roundsExits6 from the portfolioMostly inUnited States, 97%
Pitch Correlation Ventures

Correlation Ventures highlights

  1. 01

    20 cheques in the last 12 months

  2. 02

    Mostly Series A and Seed: 57% of its rounds

  3. 03

    Sole investor in 11 rounds, median $5.0M

  4. 04

    6 exits from the portfolio

What they do

Investment decisions within days.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $4.0M as they say
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
Advertising (AdTech)Big Data & AnalyticsBlockchain
Based in
San Francisco, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first394 appearances

  1. 2026

    16 rounds

  2. Sept
    BirdstopGrant · US$4.6MWith 3 others
  3. Sept
    FambotPre-seed · US · NextView Ventures$3.5MWith 5 others
  4. Sept
    Autopoiesis SciencesSeed · US$11MWith 2 others
  5. Sept
    SequenSeries B · US$90MWith 4 others
  6. Aug
    CYBERAUS · AlleyWatch$2.5MWith 4 others
  7. Aug
    BridgeGrowth · US$500MWith 3 others
  8. Apr
    Nervonik Inc.Series B · US · Ventureburn$53MWith 6 others
  9. Apr
    WindmillVenture · US$12MWith 3 others
  10. Mar
    Blossom HealthSeries A · US · AlleyWatch$20MWith 4 others
  11. Mar
    AdonisSeries C · US · Ventureburn$40MWith 5 others
  12. Mar
    SequenSeries A · US · TechCrunch$16MWith 4 others
  13. Mar
    Hamilton AISeed · US$7.5MWith 4 others
  14. Mar
    SkySelectVenture · US$9.0MWith 4 others
  15. Feb
    QuadSciSeries A · US · AlleyWatch$8.0MWith 6 others
  16. Feb
    BizTrip AIPre-seed · US$1.5MWith 1 other
  17. Jan
    Entelligence AISeed · US$5.0MWith 1 other
  18. 2025

    39 rounds

  19. Dec
    Safire Technology GroupVenture · US$2.7MWith 2 others
  20. Dec
    RidwellVenture · US$15MWith 3 others
  21. Nov
    Annexon BiosciencesUS$86MWith 4 others
  22. Nov
    OnrampSeries A · US$15MWith 4 others
  23. Oct
    Blossom HealthVenture · US$18MSole investor
  24. Oct
    Formic TechnologiesVenture · US$470KWith 4 others
  25. Oct
    HyperSpectralSeries A · US$7.0MWith 1 other
  26. Oct
    OneAMSeed · US$4.7MWith 1 other
  27. Oct
    AeroRx TherapeuticsSeries A · US$21MWith 1 other
  28. Oct
    AiPriseSeries A · US$13MWith 4 others
  29. Oct
    Folia HealthSeries A · US$11MWith 4 others
  30. Sept
    Orchard RoboticsSeries A · US · TechCrunch$22MWith 4 others
  31. Sept
    Neura HealthSeries A · US$11MWith 4 others
  32. Sept
    ArgyleVenture · USUndisclosedWith 3 others
  33. Aug
    BirdstopVenture · US$4.6MWith 3 others
  34. Aug
    KnockDebt · US$100MWith 5 others
  35. Jun
    GrifinSeries A · TechCrunch$11MWith 7 others
  36. Jun
    Anoki AISeed · US$10MWith 2 others
  37. May
    CartwheelSeed · US · AlleyWatch$10MWith 4 others
  38. May
    BlokSeed · FI$7.5MWith 5 others
  39. May
    Trefoil TherapeuticsVenture · US$4.6MWith 2 others
  40. May
    ArkestroSeries B · US$36MWith 5 others
  41. May
    RightRevSeries A · US$13MWith 3 others
  42. May
    WunderiteVenture · US$1.4MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

AKAnu K. PathriaExecutive OfficeriFiling they signed
DEDavid E. CoatsExecutive OfficeriFiling they signed
GFGrace F. Chui-MillerExecutive OfficeriFiling they signed
TFTrevor F. KienzleExecutive OfficeriFiling they signed

We also hold 16 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Exits from the portfolio

Companies it backed that were later bought or listed6 in all

tbhBought by FacebookUndisclosedOct 2017
FundlyBought by NonProfitEasyUndisclosedSept 2015
Concept.ioBought by Apple$30MJul 2014
InstaEDUBought by Chegg$30MJun 2014
FramehawkBought by Citrix SystemsUndisclosedJan 2014
Virsto SoftwareBought by VMwareUndisclosedFeb 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Correlation Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Correlation Ventures put money into.

Mentioned on podcasts

Episodes that name Correlation Ventures in their description, not their title.

Quick answers about Correlation Ventures

What does Correlation Ventures invest in?

Correlation Ventures invests most often at Series A and Seed (57% of the rounds on record), in sectors such as Advertising (AdTech), Big Data & Analytics and Blockchain.

How active is Correlation Ventures?

394 investments on record, 20 of them in the last 12 months. The most recent was in Sept 2026.

What has Correlation Ventures invested in recently?

Its most recent investments on record: Birdstop (Grant, Sept 2026), Fambot (Pre-seed, Sept 2026) and Autopoiesis Sciences (Seed, Sept 2026).

How big are Correlation Ventures's cheques?

The median round it joins is $9.0M. It says it writes cheques of $100K to $4.0M.

Does Correlation Ventures lead rounds?

Rarely, if at all: none of its 394 investments on record names it as the lead.

Where does Correlation Ventures invest?

Most of the companies it backs are in the United States (97%).

Is Correlation Ventures investing now?

Yes: it is actively investing, with 20 investments in the last 12 months.

Who does Correlation Ventures invest alongside?

Most often Alumni Ventures (30 rounds together), Y Combinator (27 rounds together) and New Enterprise Associates (25 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it