Correlation Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- HQ
- CA
Limited data: profile built from SEC filings only.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Series A, Seed, Series B, Growth |
| Sectors | Not stated | Not enough dated deals | Healthtech, Ecommerce, Media, Enterprise SaaS, Biotech, Consumer |
| Regions | Not stated | Not enough dated deals | CA, NY |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2010 | 2 | Enterprise SaaS, Media |
| 2011 | 10 | Enterprise SaaS, Fintech, Biotech |
| 2012 | 18 | Biotech, Healthtech, Consumer |
| 2013 | 29 | Media, Data analytics, Fintech |
| 2014 | 42 | Media, Ecommerce, Healthtech |
| 2015 | 37 | Media, Enterprise SaaS, Healthtech |
| 2016 | 34 | Ecommerce, Healthtech, Consumer |
| 2017 | 22 | Consumer, Ecommerce, Fintech |
| 2018 | 25 | Healthtech, Ecommerce, Enterprise SaaS |
| 2019 | 25 | Healthtech, Biotech, Ecommerce |
| 2020 | 11 | Ecommerce, Fintech, Construction and proptech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 1 | 1 | 0 |
| 2011 | 0 | 2 | 3 | 3 | 1 |
| 2012 | 0 | 5 | 6 | 1 | 2 |
| 2013 | 0 | 7 | 11 | 3 | 5 |
| 2014 | 0 | 8 | 15 | 4 | 6 |
| 2015 | 0 | 8 | 15 | 6 | 3 |
| 2016 | 0 | 12 | 11 | 8 | 1 |
| 2017 | 0 | 11 | 8 | 2 | 1 |
| 2018 | 0 | 11 | 7 | 1 | 5 |
| 2019 | 0 | 5 | 10 | 6 | 3 |
| 2020 | 1 | 3 | 3 | 2 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Correlation Ventures Executives Fund III, L.P. | 2021 | $1.88M to $10M (Form D) | Late investment period |
| Correlation Ventures III, L.P. | 2021 | $120.85M to $200M (Form D) | Late investment period |
| Correlation Capital HOlding Corp. | approx. 2021 | $5M (Form D) | Follow-ons only |
03 · People across funds
- Anu Pathria
Correlation Ventures Executives Fund III, L.P. (Named on Form D); Correlation Ventures III, L.P. (Named on Form D)
- David Coats
Correlation Ventures Executives Fund III, L.P. (Named on Form D); Correlation Ventures III, L.P. (Named on Form D)
- Grace Chui-Miller
Correlation Ventures Executives Fund III, L.P. (Named on Form D); Correlation Ventures III, L.P. (Named on Form D)
- Kendall Ananyi
Correlation Capital HOlding Corp. (Named on Form D)
- Trevor Kienzle
Correlation Ventures Executives Fund III, L.P. (Named on Form D); Correlation Ventures III, L.P. (Named on Form D)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 25, 2026