DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / C••••••••• M••••••••• L••
C••••••••• M••••••••• L••
Reinventing our industry. So our companies can reinvent theirs.
venture manager, reported GAV $401M across 6 vehicles
Importance
37
elevated
Active deployment
8
low
Emerging
0
low
Completeness
63
high
Freshness
99
high
Research priority
9
low
Identity and regulatory footprint
- Headquarters
- San Diego, CAadviserinfo.sec.gov
- Office address
- 9255 TOWNE CENTRE DRIVE, SUITE 350, San Diego, CA, 92121adviserinfo.sec.gov
- Business phone
- 858-412-8500adviserinfo.sec.gov
- Website
- h•••••••••
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $340Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- C•••• F••••• T•••• D•• 0••••••••• (Assignee), C; J•• P•••••••• L•• (Member), C; B•••••• A• E••••••••• L•• (Member), C; A••• C•••••• I••••••••• L•• (Member), A; M••••• F••••• T•••• D•• 0••••••••• (Assignee), A; K•••••• T•••• D•• 9•••••••• (Assignee), C
- business email
- trevor.kienzle@correlationvc.comcorrelationvc.compublished by the subject
- business email
- wesley@correlationvc.comcorrelationvc.compublished by the subject
- business email
- mas@correlationvc.comcorrelationvc.compublished by the subject
- business email
- gcm@correlationvc.comcorrelationvc.compublished by the subject
- business email
- akp@correlationvc.comcorrelationvc.compublished by the subject
- business email
- david@correlationvc.comcorrelationvc.compublished by the subject
- business phone
- 858-412-8500adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| C••••••••• V••••••• I••• L••• | Fund | 2021 form d first sale | Mature | $114M Mar 28, 2024 | 52 | $121M of $200M | Oct 27, 2022 |
| C••••••••• V••••••• E••••••••• F••• I••• L• | Fund | 2021 form d first sale | Mature | $2.1M Mar 28, 2024 | 28 | $1.9M of $10.0M | Oct 27, 2022 |
| C••••••••• V••••••• I•• L••• | Fund | 2015 form d first sale | Harvest | $207M Mar 28, 2024 | 56 | $188M of $188M | Jul 28, 2016 |
| C••••••••• V••••••• E••••••••• F••• I•• L••• | Fund | 2015 form d first sale | Harvest | $7.9M Mar 28, 2024 | 34 | $5.6M of $7.0M | Mar 3, 2016 |
| C••••••••• V•••••••• L• | Fund | 2010 form d first sale | Harvest | $57.1M Mar 28, 2024 | 41 | $76.0M of $150M | Nov 22, 2011 |
| C••••••••• V••••••• E••••••••• F•••• L• | Fund | 2010 form d first sale | Harvest | $13.0M Mar 28, 2024 | 48 | $29.1M of $29.1M | Aug 29, 2011 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
28 current, 1 departed
M•••• B••••••
AnalystSenior Analyst
C••••••• A•• C••••
Board or advisoryTrustee · since Feb 1, 2001
M••• K•••••••• K••••••
Board or advisoryTrustee · since Sep 1, 2004
S•••• K•••••• M•••••
Board or advisoryTrustee · since Aug 1, 2009
M•••••• T•••••••
Founder or executiveCEO, Global Analytics Holdings; Former
M•••••• R•••••••••
Managing partnerPh.D., Visiting Associate Professor of Finance, MIT Sloan School of Management and Managing Partner, Tectonic Ventures
A•• K•••• P••••••
PartnerManager · since Jan 1, 2010
A•• P••••••
PartnerManaging Director, Analytics
D•••• C••••
PartnerManaging Director & Co-Founder
D•••• E••••• C••••
PartnerManager · since Apr 1, 2006
D••• J•••••
PartnerMember · since May 1, 2006
D••• A•••••••
PartnerManager · since Mar 1, 2006
G•••• D•••••
PartnerMember · since May 1, 2006
G•••• M• C•••
PartnerManager · since Nov 1, 2006
J••• J•••••
PartnerMember · since May 1, 2006
M••• J•••••
PartnerMember · since May 1, 2006
M••• S•••••
PartnerPartner, Analytics
R••••• K• B••••••
PartnerPartner · since Oct 1, 1997
T••••• F••••••• K••••••
PartnerManager · since Jul 1, 2007
T••••• K••••••
PartnerManaging Director & Co-Founder
W••••• B•••••
PartnerPartner
G•••• C•••••••••
Platform and operationsFinance Partner
K••••• R•••••
Platform and operationsManager of Operations
K•••••• G•••••••••
Platform and operationsCEO and Board Member, Applied Data Finance
M••••• M•••••
Platform and operationsExecutive Assistant
M•••••• E••••
Platform and operationsPh.D., Associate Professor of Finance and
R•• M•••••
Platform and operationsAssistant Controller
T•••• M•••••
Platform and operationsAccounting Manager
1 departed (kept with end dates)
- A•• P•••••• · Managing Director, Analytics · ? to Sep 16, 2026 Inference
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| B•••••• H••••• | Funding round | participant | unknown | $20.0M | unknown | Mar 26, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| A••••••• a• Y• C••••••••• s•••••• u••• b• F•••••• 5•• E••••••••• | Funding round | participant | unknown | $12.5M | unknown | Oct 8, 2025 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
8 dated events
- Sep 16, 2026A•• P•••••• (Managing Director, Analytics) no longer on the team page of C••••••••• M••••••••• L••Person leftPeopleInferenceA•• P••••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Apr 7, 2022C••••••••• V••••••• E••••••••• F••• I••• L• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $1,189,317Fund first reported on Form ADVFundsFactC••••••••• V••••••• E••••••••• F••• I••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 7, 2022C••••••••• V••••••• I••• L••• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $76,362,991Fund first reported on Form ADVFundsFactC••••••••• V••••••• I••• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2016C••••••••• V••••••• E••••••••• F••• I•• L••• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $156,496,501Fund first reported on Form ADVFundsFactC••••••••• V••••••• E••••••••• F••• I•• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2016C••••••••• V••••••• I•• L••• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $5,272,259Fund first reported on Form ADVFundsFactC••••••••• V••••••• I•• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012C••••••••• M••••••••• L•• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012C••••••••• V••••••• E••••••••• F•••• L• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $28,542,822Fund first reported on Form ADVFundsFactC••••••••• V••••••• E••••••••• F•••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012C••••••••• V•••••••• L• first reported on Form ADV by C••••••••• M••••••••• L•• (Venture Capital Fund), GAV $134,493,239Fund first reported on Form ADVFundsFactC••••••••• V•••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $401M across 6 vehicles
Evidence
53 observations from 3 sources