Correlation Ventures

Correlation Ventures is a venture capital firm that uses world-class analytics to help entrepreneurs and other investors secure capital for financing rounds. Based in San Diego with activity in San Francisco, the firm backs US-based companies across a broad range of sectors, including consumer and business products and services, software and information technology, healthcare, financial services, energy, materials, and data-enabled technologies. It supports companies from early through late stages and employs a flexible investment approach and deep analytical framework. The firm emphasizes data-driven evaluation and practical guidance to portfolio companies, aiming to accelerate growth and improve financing outcomes for founders and peers in the venture ecosystem.

Wesley Barrow

Venture Partner

Grace Chui-Miller

CFO

David Coats

Managing Director

Trevor Kienzle

Managing Director

Anu Pathria Ph.D

Partner

Moiz Saifee

Principal

Past deals in ERP

Porosity

Seed Round in 2025
Porosity is an application software company that specializes in automation solutions for the oil and gas sector. The company develops a platform aimed at simplifying operations management and regulatory compliance for operators in this industry. Porosity's software facilitates automated task management and data collection, providing businesses with valuable operational insights. By enhancing efficiency and reducing costs, the platform helps companies navigate complex environmental regulations effectively. Through its innovative technology, Porosity aims to support the operational needs of oil and gas businesses while ensuring compliance with industry standards.

RightRev

Series A in 2023
RightRev is a developer of an automated revenue recognition platform that enhances financial reporting accuracy and compliance for businesses. The solution integrates various processes, including customer relationship management and configure-price-quote tools, with revenue accounting and general ledger systems. This unified platform streamlines the management of revenue contracts, enabling finance professionals to track all aspects of sales and revenue reporting effectively. By facilitating adherence to accounting standards such as ASC 606 and IFRS 15, RightRev helps businesses minimize the risk of misstatements while ensuring transparency in their financial operations. The platform supports a wide range of revenue models, including subscriptions, one-time sales, services, and promotions, making it a versatile tool for sales operations and revenue management.

RightRev

Seed Round in 2021
RightRev is a developer of an automated revenue recognition platform that enhances financial reporting accuracy and compliance for businesses. The solution integrates various processes, including customer relationship management and configure-price-quote tools, with revenue accounting and general ledger systems. This unified platform streamlines the management of revenue contracts, enabling finance professionals to track all aspects of sales and revenue reporting effectively. By facilitating adherence to accounting standards such as ASC 606 and IFRS 15, RightRev helps businesses minimize the risk of misstatements while ensuring transparency in their financial operations. The platform supports a wide range of revenue models, including subscriptions, one-time sales, services, and promotions, making it a versatile tool for sales operations and revenue management.

Slync.io

Series B in 2021
Slync.io develops an orchestration platform that connects disparate systems, ingests structured and unstructured data, orchestrates teams, and automates processes to improve productivity, profitability, and customer success in global freight.

Urjanet

Series D in 2020
Urjanet, Inc. is a company that specializes in providing a cloud-based platform for automated access to utility data. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional location in Chennai, India, Urjanet connects directly to utility providers to acquire and normalize utility bills and interval data. Its offerings include automated access to utility bill data across various utilities, granular measurements of energy consumption, and advanced metering infrastructure data without requiring additional hardware or software. The platform also features capabilities for weather data analysis and alerts for billing and consumption anomalies. Urjanet's solutions are designed to improve business intelligence, energy management, accounting, and procurement processes for organizations, enabling them to enhance financial performance, energy efficiency, and sustainability.

Slync.io

Series A in 2020
Slync.io develops an orchestration platform that connects disparate systems, ingests structured and unstructured data, orchestrates teams, and automates processes to improve productivity, profitability, and customer success in global freight.
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