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Pelion, Inc.

CIK:0001787862
Venture Capital
$208M AUM
4 holdings
Salt Lake City, UT, US
Founded:1986
10 employees
Latest filing:Jun 30, 2025

Pelion, Inc., operating as Pelion Venture Partners, is a venture capital firm headquartered in Salt Lake City, Utah. Founded in 1986, Pelion manages multiple funds and invests primarily in early-stage technology companies, focusing on software, cloud infrastructure, and cybersecurity. With a core staff of experienced investment professionals and a history of successful fund launches, the firm works with entrepreneurs and institutional investors to drive innovation and growth in the tech sector. Pelion serves startups seeking capital to scale, as well as limited partners looking for venture exposure.

Investment Strategy

Pelion focuses on investing in early-stage enterprise software and technology startups, primarily in cloud infrastructure, cybersecurity, and SaaS. The firm seeks disruptive companies with large market potential and emphasizes partnership with founders. Pelion provides hands-on support and leverages its network to help portfolio companies accelerate growth and reach scale, prioritizing innovation, product-market fit, and strong leadership teams.

Latest 13F Filing Activity

Pelion, Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 4 equity positions with a total 13F market value of $45M. The fund increased holdings in Owlet Inc., Red Cat HLDGS Inc., Bill Com HLDGS Inc. among other positions. Pelion, Inc. reduced exposure to Weave Communications Inc., Bill Com HLDGS Inc., Red Cat HLDGS Inc. among others.

Top Buys
W
WEAVWEAVE COMMUNICATIONS INC
-$9.7M
O
OWLTOWLET INC
+$1.5M
R
RCATRED CAT HLDGS INC
+$161.1K
B
BILLBILL COM HLDGS INC
+$98.5K
Top Sells
W
WEAVWEAVE COMMUNICATIONS INC
-$9.7M
O
OWLTOWLET INC
+$1.5M
R
RCATRED CAT HLDGS INC
+$161.1K
B
BILLBILL COM HLDGS INC
+$98.5K

Top Holdings

W
WEAVWEAVE COMMUNICATIONS INC
+64.7%$29.1M
B
BILLBILL COM HLDGS INC
+27.4%$12.3M
O
OWLTOWLET INC
+6.1%$2.7M
R
RCATRED CAT HLDGS INC
+1.9%$837.5K

Equity Positions (4)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
WEAVE COMMUNICATIONS INC64.69%$29.1M3,498,709$15.18$8.32-$9.7M
BILL COM HLDGS INC27.37%$12.3M266,219$239.01$46.26+$98.5K
OWLET INC6.08%$2.7M325,471$4.48$8.40+$1.5M
RED CAT HLDGS INC1.86%$837.5K115,045$2.08$7.28+$161.1K

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+92.4%
MEASURING & CONTROLLING DEVICES, NEC
+7.6%