Wednesday, June 28, 2023

Correlation Ventures Raises $130M In Third Fund

San Diego, San Francisco, and New York-based venture investor Correlation Ventures announced on Tuesday that it has raised $130M in its third fund, Correlation III. According to the firm, it now has approximately $500M under management. As part of the new fund, the firm said it has promoted Wesley Barrow and Moiz Saifee to Partners. Correlation says it invests in all industry sectors and investment stages, and makes investments from $100K to up to $4M in an initial investment, and up to $10M over the life of its involvement with a company.