Pelion Venture Partners

Established in 1986, Pelion Venture Partners is an early-stage venture capital firm headquartered in Salt Lake City, Utah. The firm specializes in investing in technology companies across the United States, focusing on sectors such as enterprise software, digital media, software as a service (SaaS), cloud services, fintech, marketplaces, cloud computing, and security. Pelion has a strong track record, having invested in nearly 100 companies and deployed close to $800 million in capital.

Pelion's investment strategy centers on partnering with technology founders to build disruptive businesses that transform industries. The firm provides not only financial resources but also time, expertise, and networks to help entrepreneurs succeed. In January 2025, Pelion raised $500 million for its eighth early-stage fund, Pelion Venture Partners Fund VIII, which has already deployed $72 million to startups including Strider, Kapital, Remi, Nala, Jump, Commenda, Subscript, Moises, and Cartwheel.

Notable exits from Pelion's portfolio include Cloudflare, Divvy, Integral Ad Science, Owlet, and Weave. The firm's commitment to supporting entrepreneurs is evident in its hands-on approach and collaborative work with each portfolio company over the life of an investment. Pelion's team brings deep and diverse industry and investment experience, leveraging a vast network of technology executives to help companies achieve success.