VC firm
Correlation Ventures
Also known as Correlation II, Correlation Management, LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Assets under management
- $340MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $121MSEC amount sold, as of 2022-10-27Source (opens in a new tab)
- Funds
- 6
- Check size
- $100K to $4MSource (opens in a new tab)
- Legal name
- Correlation Management, LLC
- correlationvc.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Blog (opens in a new tab)
- Team page (opens in a new tab)
Claim, correct or request removal
Record updated 29 September 2026
About
Correlation Ventures is a data-driven venture capital firm that co-invests alongside a lead VC in nearly every industry and at all stages, from seed to late stage, in U.S.-headquartered companies. It uses a proprietary database of U.S. venture financings and a data-science-driven model to make rapid, objective investment decisions (often within weeks), typically investing $100,000 to $4 million initially and up to $10 million over the life of a company. It does not take board seats. The firm manages over $360 million in assets and is currently investing out of its Correlation II fund ($200 million), with a portfolio of 200+ companies.
Investment approach
- Thesis
- With our efficient decision-making process, your focus stays where it should be: on your business. Our network can introduce you to just about anyone, and the world’s most complete VC dataset means you’re never flying blind. It’s venture capital how it should be.Source (opens in a new tab)
- Leads rounds
- No
- Lead policy
- There must be at least one other venture capital firm also making their first investment into the company.
- Takes board seats
- No
- Board policy
- Alternate investors aren’t a good fit (for example, they require a board seat or other special terms)
- Eligibility
- We invest in private, U.S.-headquartered companies across all industries and investment stages, from seed to late-stage. There must be at least one other venture capital firm also making their first investment into the company.
- Investing status notes
- "We currently have over $360 million in assets under management and are actively investing out of Correlation II, a $200 million fund." (FAQ page)
Funds
- Correlation Ventures III, L.P.
- $121MVintage 2021, Main fund, SEC amount sold
- Correlation Ventures Executives Fund III, L.P.
- $1.9MVintage 2021, Main fund, SEC amount sold
- Correlation Ventures II, L.P.
- $188MVintage 2015, Main fund, Closed, SEC amount sold
- Correlation Ventures Executives Fund II, L.P.
- $5.6MVintage 2015, Main fund, SEC amount sold
- Correlation Ventures, L.P.
- $136MVintage 2010, Closed, SEC amount sold
- Correlation Ventures Executives Fund, L.P.
- $29.1MVintage 2010, Closed, SEC amount sold
SEC registration
- Registered adviser
- CORRELATION MANAGEMENT, LLC
- CRD number
- 161940 (opens in a new tab)
- SEC file number
- 802-75301
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $340Mas of 2026-03-31
- Private funds reported
- 6
- Principal office
- SAN DIEGO, CA, United States
Locations
- Office
- Brooklyn, NY
- Office
- San Diego, CA
- Office
- San Francisco, CA
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