Correlation Ventures III Overview
Correlation Ventures III General Information
Description
Correlation Ventures III is a venture capital fund managed by Correlation Ventures. The fund is located in San Francisco, California, and invests in the United States. The fund targets investments in the artificial intelligence business products and services (B2B), consumer products and services (B2C), energy, financial services, healthcare, information technology, materials and resources, and machine learning sectors.
Contact Information
Fund Manager's Location
- 650 California Street
- 5th Floor
- San Francisco, CA 94108
- United States
Correlation Ventures III Investments (115)
Correlation Ventures III has made a total of 115 investments. Its most recent deal was a with Tofu for . The deal was made on 13-Feb-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Tofu | 13-Feb-2025 | Business/Productivity Software | Generating Revenue | |||
| Mint Home | 28-Oct-2024 | Other Services (B2C Non-Financial) | Generating Revenue | |||
| Infinite Machine | 30-Jul-2024 | Automotive | Generating Revenue | |||
| Formic | 25-Jun-2024 | Electronic Equipment and Instruments | Generating Revenue | |||
| Neon (Software Development Applications) | 07-Jul-2023 | Software Development Applications | Generating Revenue | |||
| Coherence | 05-Oct-2022 | Software Development Applications | Generating Revenue | |||
| Curve Health | 14-Jun-2022 | Clinics/Outpatient Services | Generating Revenue | |||
| Future Family | 04-Feb-2022 | Consumer Finance | Generating Revenue | |||
| Bubble Technologies | 13-Jan-2022 | Early Stage VC | Multi-line Insurance | Generating Revenue | ||
| Fan Controlled Sports | 12-Jan-2022 | Later Stage VC (Series A) | Other Restaurants, Hotels and Leisure | Generating Revenue |
Correlation Ventures III Investment Strategy
Investments by Industry
Investments by Deal Type
Correlation Ventures III Limited Partners (1)
Teachers Insurance and Annuity Association of America is the sole limited partner of Correlation Ventures III. Its latest Original was on 04-Jan-2023.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Teachers Insurance and Annuity Association of America | Current | 04-Jan-2023 | Original |
Correlation Ventures III Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Correlation Ventures III Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Correlation Ventures III Benchmark (822)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| New Legacy Opportunity Fund | |||||
| Healthy Life Capital Partners Fund | |||||
| Emerging Impact Fund III | |||||
| BVVC Fund I | |||||
| SNR -3 DB | |||||
| HSI TH-P I | |||||
| CU Healthcare Innovation Fund II | |||||
| Task Force X Fund III | |||||
| AGDF1 | |||||
| Headwater Ventures Fund II |
Correlation Ventures III FAQs
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What is Correlation Ventures III?
Correlation Ventures III is a venture capital fund managed by Correlation Ventures.
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Who manages Correlation Ventures III?
Correlation Ventures III is managed by Correlation Ventures.
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Where is Correlation Ventures III domiciled?
Correlation Ventures III is domiciled in United States: Delaware.
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What is Correlation Ventures III's size?
Correlation Ventures III has a size of .
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What type of fund is Correlation Ventures III?
The fund type of Correlation Ventures III is Venture.
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What is the status of Correlation Ventures III?
Correlation Ventures III is closed.
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What has Correlation Ventures III invested in?
Correlation Ventures III has made numerous investments in companies like Tofu, Mint Home, and Infinite Machine within the Business/Productivity Software, Services (B2C Non-Financial), and Automotive industries.
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What has Correlation Ventures III invested in recently?
Correlation Ventures III's latest investment was on 13-Feb-2025 in Tofu, a company within the Business/Productivity Software industry.
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