CORRELATION MANAGEMENT, LLC
CORRELATION MANAGEMENT, LLC is a Pre-seed, Seed, Series A, Series B and Series C+ fund in the US writing $100K–$4M checks into Fintech, Healthcare, consumer-products, media, food-agtech and proptech.
- Stages
- Pre-seed, Seed, Series A, Series B, Series C+
- Sectors
- Fintech, Healthcare, consumer-products, media, food-agtech, proptech
- Check size
- $100K–$4M
- Invests in
- US-wide
- Round role
- Follows on
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- $500M
Thesis
Correlation Management, LLC, operating as Correlation Ventures, is a venture capital firm founded in 2009 with headquarters in San Francisco, California. The firm specializes in co-investing in early-stage U.S.-based companies across sectors like biotech, healthcare, fintech, consumer products, media, food-agtech, and proptech. Their investment stages range from Pre-Seed to Growth Equity. Correlation Ventures distinguishes itself through its pioneering use of predictive analytics and data science in venture capital, aiming to provide rapid and efficient co-investment capital. They partner with other venture capital firms rather than leading rounds, allowing them to offer funding without typical governance overhead and make decisions within two weeks. As of June 2023, the firm had approximately $500 million in AUM. Their third fund, Correlation III, closed at $130 million in 2023. The typical initial check size ranges from $100,000 to $4 million, with the potential to invest up to $10 million over the lifetime of a company's involvement.
Common questions
Does CORRELATION MANAGEMENT, LLC invest at the Pre-seed stage?
Yes. CORRELATION MANAGEMENT, LLC lists Pre-seed, Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does CORRELATION MANAGEMENT, LLC write?
CORRELATION MANAGEMENT, LLC writes $100K–$4M checks.
Where does CORRELATION MANAGEMENT, LLC invest?
CORRELATION MANAGEMENT, LLC invests in the US.