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Correlation Ventures

Venture CapitalActive

Correlation Ventures finances early, seed, and later stage venture, and debt financing investments and is based in California.

San Diego, United StatesFounded 2009correlationvc.com/
264
Investments
10
Exits
$500M
AUM
3.8%
Exit Rate

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Investment Thesis & Strategy

Correlation Ventures invests in early, seed, and later-stage fintech companies, and provides debt financing, leveraging its California base to identify promising ventures.

Investment Activity

Deals per year over the last 8 years

1
2013
1
2014
2
2015
3
2016
3
2017
0
2018
1
2019
1
2020

Portfolio Companies

Selected investments from their portfolio of 264 companies

M
Modern Health
Healthcare · Series C+, 2020
Active
O
Outschool
EdTech · Series B, 2019
Active
D
Divvy
Fintech · Series B, 2017
Active
S
Scale AI
AI/ML · Series B, 2017
Active
G
Guild Education
EdTech · Series C+, 2017
Active
C
Carta
Fintech · Series C+, 2016
Active
S
ServiceTitan
SaaS · Series C+, 2016
Active
B
Benchling
Biotech · Series B, 2016
Active
N
Netskope
Cybersecurity · Series C+, 2015
Active
U
UiPath
Enterprise · Series A, 2015
Active
P
Patreon
Media/Content · Series A, 2014
Active
L
Lyft
Transportation · Series B, 2013
Active

Notable Exits

CompanyTypeYearValue / Acquirer
ServiceTitanIPO2024
CartaIPO2024
HouzzAcquisition2024
InstacartIPO2023$10B
OfferpadIPO2021
WishIPO2020$14.4B
LyftIPO2019$24.3B
AppNexusAcquisition2018$1.6B
Dollar Shave ClubAcquisition2016$1B
TwilioIPO2016$1.2B

Frequently Asked Questions

Correlation Ventures focuses on Series A, Series B, Series C+ stage investments.

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