Pelion Venture Partners is an early-stage venture capital firm founded in 1986, headquartered in Salt Lake City, Utah. The firm focuses on investing in innovative technology companies across the United States.
Pelion specializes in early-stage investments in technology sectors, including:
In January 2025, Pelion announced $500 million for its eighth early-stage fund, Pelion Venture Partners Fund VIII.
This fund represents the largest in Utah's history and brings Pelion's total assets under management to approximately $1.5 billion. The firm plans to continue its focus on early-stage investments, particularly in Series A funding rounds, while also participating in Series B and C rounds.
Investment Strategy
Pelion focuses on early-stage investments, partnering with entrepreneurs from the inception of an idea through the growth stages of a company. The firm provides not only financial resources but also time, expertise, support, and networks to each entrepreneur.
Notable Investments
Pelion has invested in nearly 100 companies across the U.S., deploying nearly $800 million in capital. Notable investments include:
