Uncorrelated Ventures

Founded in 2019, Uncorrelated Ventures is a venture capital firm based in San Francisco. It focuses on investing in early-stage infrastructure software companies.

Salil Deshpande

General Partner

Past deals in California

Tandem PV

Series A in 2025
Tandem PV is a Palo Alto, California-based developer of perovskite and silicon-based photovoltaic cells. Founded in 2016, the company focuses on mechanically stacked perovskite–silicon tandem solar panels that integrate metal-halide perovskite photovoltaics with existing silicon technology to deliver higher efficiency while reducing installed system costs.

Nirmata

Venture Round in 2025
Nirmata develops a platform that simplifies the management of containerized applications. It offers Kubernetes-as-a-Service for automated operations, application modernization for containerization, and multi-cloud cluster management to ensure portability across different cloud providers. Its solutions are widely used by Kubernetes users, particularly in regulated industries.

Rhombus Systems

Series C in 2024
Founded in 2016, Rhombus Systems specializes in video security services. It offers Wi-Fi enabled cameras with cloud management, facial recognition, object detection via AI, live streaming, people analytics, and security alerts. The company's systems enhance workplace security and productivity.

Rhombus Systems

Debt Financing in 2024
Founded in 2016, Rhombus Systems specializes in video security services. It offers Wi-Fi enabled cameras with cloud management, facial recognition, object detection via AI, live streaming, people analytics, and security alerts. The company's systems enhance workplace security and productivity.

Tandem PV

Venture Round in 2024
Tandem PV is a Palo Alto, California-based developer of perovskite and silicon-based photovoltaic cells. Founded in 2016, the company focuses on mechanically stacked perovskite–silicon tandem solar panels that integrate metal-halide perovskite photovoltaics with existing silicon technology to deliver higher efficiency while reducing installed system costs.

Massdriver

Angel Round in 2023
Massdriver is a Pasadena, California-based company founded on June 23, 2021, by Cory O'Daniel. It offers a visual development environment that enables engineers to create production-ready cloud architectures efficiently. By simplifying the cloud infrastructure design process, Massdriver allows users to draw and connect components without needing extensive DevOps expertise. The platform integrates observability and security into every aspect of its infrastructure, providing standardized, self-service options for users. This enables customers to compose entire systems seamlessly across different regions or cloud providers, enhancing scalability and security in their cloud operations.

Earthly Technologies

Seed Round in 2023
Earthly Technologies, Inc. is an open-source platform specializing in build automation for the post-container era. Founded in 2020 and based in Redwood City, California, the company has developed an array of tools that simplify continuous integration and deployment processes. Its primary product, the Earthly framework, enables developers to create repeatable builds that can run in any environment. The platform supports the creation of Docker images and various artifacts, such as binaries and packages, while also allowing for parallel processing and dependency management from multiple directories. Additionally, Earthly provides Earthly CI, a fast and efficient continuous integration platform, as well as Earthly Satellites, a remote build runner compatible with any CI system. By streamlining these development processes, Earthly Technologies aims to enhance efficiency and consistency in software development.

Archimedes

Seed Round in 2023
Archimedes is a decentralized finance platform founded in 2022 and based in Los Angeles, California. It utilizes the Ethereum blockchain to facilitate a lending and borrowing marketplace that enables users to supply and borrow assets for yield generation. The platform is designed to empower decentralized actively managed funds and allows users to take leveraged positions on leading stablecoin farming protocols. Archimedes aims to enhance the DeFi experience by offering an easy-to-use and interoperable system that incorporates NFTs and other industry practices. Through its innovative approach, the company provides liquidity management solutions by packaging highly leveraged positions as tradable tokens.

FlowForge

Seed Round in 2022
FlowForge is an open-source, low-code development platform for enterprise-scale integration and automation, built on Node-RED. Founded in 2021 and headquartered in San Francisco, FlowForge provides a platform for organizations to deliver applications via a collaborative, secure workflow environment that supports multi-tenancy, enterprise authentication integration, auditing, compliance, observability, and is designed around version control and CI systems.

Grafbase

Seed Round in 2022
Grafbase is a company founded in 2021 and based in San Francisco, California, that specializes in API management through its innovative data platform. The platform allows developers to create and deploy projects locally via the terminal, facilitating rapid development and deployment of GraphQL APIs. Grafbase emphasizes secure self-hosted deployment options, exceptional query speed, and advanced governance, ensuring reliable and enterprise-grade performance. By streamlining the transition from idea to production, Grafbase enables developers to focus on building applications without the complexities of managing infrastructure, offering instant serverless backends that enhance the overall development experience.

Dgraph Labs

Seed Round in 2022
Dgraph Labs is a software company that develops and operates a graph database designed for low-latency, real-time queries on large volumes of structured data. The database supports open-source use and enterprise deployments, including Slash Enterprise, a fully managed, serverless solution for workloads running on dedicated multi-zone clusters across AWS, Azure, or Google Cloud Platform. The platform enables efficient retrieval for real-time queries as well as semantic search, pattern matching, and fraud detection, helping organizations manage, represent, and visualize large datasets. Founded in 2016 and based in San Francisco, Dgraph Labs serves startups and larger enterprises seeking scalable graph data management.

Okteto

Series A in 2022
Okteto is a cloud application development platform for Kubernetes that enables developers to quickly spin up pre-configured environments and work directly in Kubernetes. The platform provides self-service access to Kubernetes infrastructure, a developer-focused dashboard to visualize workloads, and automatic security policies, quotas, and access control for users and deployments. It supports creating secure Kubernetes namespaces, provisioning automatic HTTPS endpoints for services, and managing secrets to prevent credentials from being stored in version control. Developers can deploy applications, build remotely, and push images to the Okteto registry, with integration to the Okteto command line interface to develop inside a Kubernetes cluster. Founded in 2018 and based in San Francisco, California, Okteto focuses on accelerating cloud-native software development and improving velocity, productivity, and innovation for cloud-based applications.

Astro

Seed Round in 2022
Astro is a company that supports web developers in creating efficient websites through its open-source build tool, established in 2019 by Fred K. Schott in San Francisco, California. The tool, which is licensed under MIT, renders directly to HTML and CSS, allowing for faster website performance. It enhances web accessibility by optimizing JavaScript hosting for the code that powers websites. Additionally, Astro is compatible with several popular frameworks, including React, Preact, Svelte, Solid, and Vue, making it a versatile choice for developers aiming to streamline their web development process.

Bodo.ai

Series A in 2021
Bodo.ai offers an extreme-performance parallel compute platform for data analytics. It scales past thousands of cores and petabytes of data, providing unprecedented efficiency and linear scaling. The platform leverages unique automatic parallelization and the first inferential compiler, enabling F500 customers to solve complex data analysis problems swiftly and cost-effectively using native Python. Bodo.ai is headquartered in San Francisco with offices in Pittsburgh.

Bodo.ai

Series A in 2021
Bodo.ai offers an extreme-performance parallel compute platform for data analytics. It scales past thousands of cores and petabytes of data, providing unprecedented efficiency and linear scaling. The platform leverages unique automatic parallelization and the first inferential compiler, enabling F500 customers to solve complex data analysis problems swiftly and cost-effectively using native Python. Bodo.ai is headquartered in San Francisco with offices in Pittsburgh.

Nirmata

Seed Round in 2021
Nirmata develops a platform that simplifies the management of containerized applications. It offers Kubernetes-as-a-Service for automated operations, application modernization for containerization, and multi-cloud cluster management to ensure portability across different cloud providers. Its solutions are widely used by Kubernetes users, particularly in regulated industries.

LocoNav

Series B in 2021
LocoNav offers an online fleet management software platform that unifies fleet operations into a single system. The software provides GPS tracking, telematics, video safety, fuel monitoring, and analytics with alerts to monitor vehicle speed, direction, and events. By enhancing visibility and real-time decision making, it helps vehicle owners, businesses, and transporters improve security, optimize operations, and reduce costs. Founded in 2015 and headquartered in San Francisco, LocoNav focuses on delivering a cohesive platform to run and manage modern fleets.

Echo AI

Series B in 2021
Echo AI is a company that revolutionizes customer engagement through its advanced Conversation Intelligence platform. Based in San Francisco, Echo AI utilizes generative AI to autonomously analyze millions of customer interactions, providing organizations with real-time insights and intelligence. This capability allows businesses to enhance their understanding of customer interactions and empower their teams to respond effectively. The platform features third-party and hosted large language models that can identify subtle intent and retention signals, facilitating the automation of call reviews and evaluations. By streamlining these processes, Echo AI enables organizations to implement growth and retention strategies more efficiently. Formerly known as Pathlight, the company has garnered support from prominent investors, positioning itself at the forefront of Conversation Intelligence innovation.

Ember Fund

Seed Round in 2021
Ember Fund is a crypto-focused platform that develops a mobile and web3 superapp enabling users to earn, play, and invest in digital assets such as Bitcoin, within an ecosystem designed for accessible, mobile-first participation and reduced reliance on centralized custodians. Founded in 2019 and based in Los Angeles, Ember Fund seeks to provide a secure, user-friendly experience that minimizes the need to entrust assets to a third party while offering streamlined access to crypto markets.

Earthly Technologies

Seed Round in 2020
Earthly Technologies, Inc. is an open-source platform specializing in build automation for the post-container era. Founded in 2020 and based in Redwood City, California, the company has developed an array of tools that simplify continuous integration and deployment processes. Its primary product, the Earthly framework, enables developers to create repeatable builds that can run in any environment. The platform supports the creation of Docker images and various artifacts, such as binaries and packages, while also allowing for parallel processing and dependency management from multiple directories. Additionally, Earthly provides Earthly CI, a fast and efficient continuous integration platform, as well as Earthly Satellites, a remote build runner compatible with any CI system. By streamlining these development processes, Earthly Technologies aims to enhance efficiency and consistency in software development.

Cube Dev

Seed Round in 2020
Cube Dev provides an open-source analytical API platform that enables internal business intelligence and customer-facing analytics through a semantic layer. The semantic layer unifies business logic, centralizes governance and security, and optimizes query performance, while supporting integration with any data endpoint. Cube Cloud offers a managed infrastructure with query inspection and tracing, monitoring, and pre-aggregation management. The platform includes visualization-agnostic tools for building user interfaces and analytical APIs, and supports modern data stores to handle large data volumes with built-in security. Cube Dev serves organizations seeking scalable, governed analytics applications.

Netdata

Series A in 2020
Netdata develops high-resolution, real-time monitoring solutions for servers, containers, and applications. Its software auto-detects metrics, provides interactive visualizations, and offers unsupervised anomaly detection. Netdata is designed to scale from single servers to complex multi-cloud environments.

Upgrade

Series D in 2020
Upgrade operates an online lending platform offering personal loans, the Upgrade Card, credit health monitoring, and educational tools. It serves both mainstream consumers and those underserved by traditional banking, aiming to provide affordable and responsible credit access.

Netdata

Series A in 2019
Netdata develops high-resolution, real-time monitoring solutions for servers, containers, and applications. Its software auto-detects metrics, provides interactive visualizations, and offers unsupervised anomaly detection. Netdata is designed to scale from single servers to complex multi-cloud environments.

Rhombus Systems

Seed Round in 2018
Founded in 2016, Rhombus Systems specializes in video security services. It offers Wi-Fi enabled cameras with cloud management, facial recognition, object detection via AI, live streaming, people analytics, and security alerts. The company's systems enhance workplace security and productivity.
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