Correlation Ventures

?? Advice for Founders from Trevor Kienzle, Managing Director & Co-Founder at Correlation Ventures: Don’t panic! Success isn’t a straight line and major challenges will arise, but it’s crucial to stay steady and not overreact. You got this! We're here to help you confront challenges on your founder journey - https://lnkd.in/g6sHSwS5.

?? I am so excited to announce that Momos has raised $10 million for its Series A, bringing our total funding to $17 million! ?? This is a huge milestone for us, and I can’t thank our team, our customers, partners, friends and family enough. It’s been an incredible 3.5 years at Momos for Andrew Liu and I, and the best is yet to come.? A big thanks to Nnamdi Okike and Mendy Yang and the team at 645 Ventures who led our round. They’re big believers in what we’re doing at Momos and we couldn’t think of better partners to work with. Also a big shout out to Jacob Singh from Alpha Wave and Aakash Kapoor from Peak XV Partners for the continued support, and we also welcome new investors Soma Capital, FJ Labs, Taurus Ventures, and Correlation Ventures. It has been an amazing learning experience to go from a concept, MVP, and first paying customer, to now working with over 5,000 businesses globally, including household brands like Shake Shack, Baskin Robbins, L&L Hawaiian BBQ and many more. We’re most proud of the fact that over 90% of our partners use us every single day and they absolutely love the platform. We grew 4x last year and now have customers across 10 countries. The US is our largest and fastest growing market, and we’re excited to become the AI Customer Platform for multi-location brands everywhere. Now that I have moved back to the US, I am also able to spend more time with our customers who make us sharper everyday. Last but not least, an immense thanks to the 50+ teammates that work at Momos. We’re dual-headquartered in San Diego and Singapore, but our teammates across our global offices are the driving force behind Momos. The real Momos differentiation is that we’re obsessed with our customers and are able to rapidly build world class products to solve their largest problems; our partners are incredibly busy running their businesses and we make managing all of their customers across locations and channels easier. With this new funding, we’re doubling down on growing our engineering and sales teams everywhere. Please reach out to me and Andrew if you’re interested, or know anyone that is! We’re building the next-gen customer platform for brick and mortar businesses, but we know we can’t do it alone! Read more about the announcement here: https://lnkd.in/geScs5fv

We're excited to announce our $8M Pre-Series A priced round led by Canaan, bringing total investment to $11M to date. Press release: https://lnkd.in/gjE8AjWj In addition to Canaan, Correlation Ventures, Higher Life Ventures, Ajinomoto Co., Inc., Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital participated in the round.

We can’t believe it’s already been 3 months since our Series A! Thanks again to RRE Ventures, Kibo Ventures and Correlation Ventures for your support and belief in our mission. We’re incredibly excited about what’s coming next so follow us here to learn about our latest announcements and news! #Startup #SeriesA https://lnkd.in/ecV5tve3

Introducing the Sizzle Reel: a 2-minute highlight video from your sales calls that decision-makers will actually watch. At the end of every sales call, sales reps send the call's recording in their followup, hoping it would get forwarded to decision-makers who couldn't make it. Let's be honest - does anyone ever watch them? Never! When you add Sam - the AI Sales Engineer - to your sales call, it generates a 2-minute highlight video of the call's best moments. Editing the reel is simple: as easy as editing a word doc. Add some sizzle to your follow-ups with Sizzle Reels, powered by Sam.

??? Another deep and impactful session took place at 500 Global, featuring Trevor Kienzle, Managing Director and Co-Founder of Correlation Ventures. Trevor provided insights into how Correlation Ventures accelerates founders' path to the next round. He discussed the current state of software, how they select companies to invest in, their data-driven approach to making quick decisions, determining check sizes, and many others. Trevor also highlighted the unique advantages Correlation Ventures brings beyond capital—helping portfolio companies with fundraising, offering a strong VC network, providing coaching, and facilitating go-to-market strategies and commercial introductions. As one of the most active co-investors in the U.S., with approximately 40 co-investments annually, Correlation Ventures distinguishes itself through a strong emphasis on capital efficiency and competitive analysis, among other key areas. 500 Global companies had the opportunity to present their startups and receive direct feedback from Trevor. At 500 Global, we’re committed to continually providing our startups with opportunities to engage with leading GPs individually and in group settings. We strive to ensure that each team receives the support they need and that every VC connects with the right team while being dedicated to elevating the experience for our startups and partners. Leonard Lee Niamh O'Donnell Taz Patel Iris Sun #500GlobalVC #500Global #VC

Formic is growing! We are looking for an innovative marketer with experience in the manufacturing and B2B space that loves bringing game changing products and services to market. You'll be a part of the team that is simplifying the automation adoption process and singlehandedly changing the dynamics of the US industrial economy. Join me, Saman Farid, Steve Olszewski, Danijel Lolic, Nick DeLong, Paul Clark, Theresa Dobson, Danielle V., Jennifer Ramsey, Jack Wagler, Andy Larson, Mika Saryan, Eric Foss, Kyle Kidwell, Malcolm Kerr, Janice Yamamoto, Spencer Gille, Arti Brannon, Nicholas Fulop, Chris Noorian, Ahmad Douzali, Dany Napitupulu, Matthew Craven and the entire Formic team on our mission to scale the use of robotic automation in the USA. With $60M in Series A investment from Blackhorn Ventures, Mitsubishi HC Capital America, Inc., Lux Capital, Alumni Ventures, FJ Labs, Initialized Capital, Lorimer Ventures, NEC Corporation & Translink Orchestrating Future Fund, One Planet Capital, and Correlation Ventures we are poised to bring our message to every US manufacturer like never before. ?????? Learn more about this opportunity and how you can become a part of one of the fastest growing businesses in automation. https://lnkd.in/edstiWHG

If you think there is a lot more to AI than just GenAI, you are not alone!?Chisel had yet another awesome fireside chat and happy hour event a couple of days ago on this topic – “There Is More to AI Than Just GenAI” Our panel included Product Leaders with hands-on experience: Jae Park (VP of Digital Product Design at Ford Motor Company Model e, ex-Google, Amazon, Microsoft), Chris Van Dyke (Co-founder and CEO at Overview AI, ex-Tesla), and Mark Hull (Co-founder at [Exceeds AI], ex-Meta, LinkedIn, GoodRx). They went beyond the headlines to discuss the full spectrum of #ai technologies shaping #product development. Across machine learning, computer vision, and robotics, this panel shared their insights on how diverse AI applications can drive innovation and create value across industries. Also - special thanks to our investor Trevor Kienzle from Correlation Ventures for sharing how they are using AI models for funding decisions.? Here’s the full video: https://lnkd.in/gMbsixvQ

Big news: Reclaim is now a part of Dropbox ?? We’re thrilled to be joining forces with such a visionary (and legendary) team to help drive the future of productivity for hundreds of millions of people worldwide. The Reclaim you know and love is staying the same, but with even more support around us: ?? Same Reclaim product experience ??? Same exciting product roadmap (with even more breadth) ?? More resources to build even faster ???? Same world-class customer support ?? Same amazing team you know The Dropbox mission is to “design a more enlightened way of working” – a purpose that has been true to our hearts since Reclaim began in 2019. By joining forces, we get to support that mission by helping millions make time for what matters, as well as explore and test new ways we can use AI to improve the way we work. We want to thank our users and customers for all their support and feedback in helping to shape what Reclaim has become. Just five years ago, we were 2 people with little more than an idea and a few hundred early users. Today, Reclaim is one of the top AI scheduling apps in the market, with over 320,000 users across more than 43,000 companies – and is built and maintained by an amazing team of 22 relentless productivity experts. This is truly exciting news for both Reclaim and Dropbox users alike. We can’t wait to show you what’s coming next, and we’re looking forward to the next phase of this journey with you. Want to learn more? Check out the letter from our founders and an FAQ below. Letter from our founders: https://hubs.la/Q02LXNxl0 FAQ: https://hubs.la/Q02LXPBN0 Watch the video: https://hubs.la/Q02LXp2g0 _______ (Want to get your hands on Reclaim now? Sign up for a free plan, or use coupon code DROPBOX for 20% off Reclaim for the next 12 months.)

Calling all friends in the Bay Area. Our portfolio company Chisel is having an event in Palo Alto on 8/27 to discuss the full spectrum of AI technologies shaping product development. Please see below and RSVP if you can make it! #productdevelopment #genAI https://lu.ma/it46csgm