Uncorrelated Ventures is a venture capital firm founded by Salil Deshpande in 2019, with backing from Bain Capital. The firm focuses on early-stage investments in infrastructure software, covering both traditional and decentralized solutions. It has amassed over $750 million in assets under management across three active funds, investing early in more than 100 companies. Their investment strategy targets sectors such as AI infrastructure, cybersecurity, developer tools, fintech, IT infrastructure, cloud, decentralized finance, cryptocurrency, and blockchain. Notable portfolio companies include Compound, Cosmos, dYdX, Helium, and Uniswap.