Uncorrelated Ventures is a solo-GP venture capital firm founded by Salil Deshpande in 2019, investing in early-stage infrastructure software — both traditional and decentralized. The firm's latest fund (Fund III) closed at $315 million in early 2024, bringing total AUM to over $750 million across three active funds, with investments in 100+ companies.
Their most common stage is series-a (40% of deals). Average disclosed round size is $26.0M (across 122 rounds with reported amounts).
Portfolio
102
Fund Size
$315M
Top Stage
Series A
Last 12 Mo
8
Team
SD
Salil Deshpande
General Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
132 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| RReo | Series A | $11.3M | Jul 2026 |
 Sedai | Series B | $20M | Jun 2026 |
| BBambooBox | Seed | $6.6M | Mar 2026 |
 Escape | Series A | $18M | Mar 2026 |
 Defense Unicorns | Series B | $136M | Jan 2026 |
| BBambooBox | Unknown | $6.6M | Jan 2026 |
 Lemurian Labs | Series A | $28M | Dec 2025 |
 SalesPatriot | Seed | — | Oct 2025 |
 Moonshot AI | Seed | $10M | Oct 2025 |
| Sedai | Series B | $20M | Jun 2025 |
 CodeAnt AI | Seed | — | May 2025 |
 Cast.ai | Series C | $108M | Apr 2025 |
 Hydrolix | Series C | $80M | Apr 2025 |
 Tandem PV | Unknown | $50M | Mar 2025 |
 Nodes & Links | Series B | — | Feb 2025 |
 Nirmata | Series A | $9.6M | Feb 2025 |
 HockeyStack | Series A | — | Jan 2025 |
 LeapXpert | Series B | $20M | Jan 2025 |
 Astroforge | Series A | $40M | Aug 2024 |
 Sybill | Series A | $11M | Jul 2024 |
 Rhombus | Series C | $45M | Jul 2024 |
 Autify | Series B | $13M | Jun 2024 |
 Stacklet | Series A | $14.5M | Jun 2024 |
 SageTap | Seed | $6.8M | May 2024 |
| Rhombus | Series B | $26M | Feb 2024 |
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Top Co-Investors
Y Combinator25 shared
India Quotient13 shared
Cota Capital11 shared
Nexus Venture Partners9 shared
Hack VC8 shared
Bain Capital Ventures7 shared
Peak XV Partners7 shared
In-Q-Tel6 shared
Valor Equity Partners5 shared
Sierra Ventures5 shared
Gradient Ventures5 shared
Venrock4 shared
Abstract Ventures4 shared
468 Capital4 shared
Haystack4 shared
Norwest Venture Partners4 shared
Republic4 shared
Andreessen Horowitz3 shared
Craft Ventures3 shared
Snow Leopard Ventures3 shared
Last updated: 7 October 2026