Correlation Ventures

Correlation Ventures is a venture capital firm that focuses on using analytics to offer entrepreneurs and other venture capitalists information while they are completing a financing round.

Correlation Ventures is a venture capital firm which makes investments in all stages: seed to late-stages, in all industry sectors. Most investments are in the $0.25 to $4 MM range.

The fund raised more than $165M in 2012 for its data based investment approach.

Founded in 2006 by David Coats and Trevor Kienzle, Correlation Ventures is a venture capital firm based in San Diego, California with an additional office in Palo Alto, California and New York City.

Correlation Ventures has been covered in the venture capital blog of the Wall Street Journal, MIT's Technology Review publication, VentureBeat, Forbes, and other publications.

Correlation Ventures has made 221 investments. One of their investments was on Apr 10, 2019, when they invested $20M in Scout Bio. Correlation Ventures has raised a total of $365M across two funds, one of them being their second fund. This fund was announced on Jan 11, 2017, and raised a total of $200M.

Correlation Ventures has invested in companies including Casper Sleep, Sun Basket, Crossbar (computer hardware manufacturer), Personal Capital, Virsto (acquired by VMware), Optimizely, Lever (company), Lytro, and AlienVault.

The firm invests across all industry segments including information technology, financial technology, life sciences, healthcare, consumer-business, financial services, and clean technology. It considers investments in companies headquartered in the United States. It seeks to invest between $0.25 million and $4 million in its portfolio companies. There should be at least one additional venture capital firm in the round when the firm is making its first investment in the company. It does not seek any board representation.