Pelion, Inc.
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.
Top Holdings
Equity Positions (4)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
W WEAV | WEAVE COMMUNICATIONS INC | 64.69% | $29.1M | 3,498,709 | $15.18 | $8.32 | -$9.7M |
B BILL | BILL COM HLDGS INC | 27.37% | $12.3M | 266,219 | $239.01 | $46.26 | +$98.5K |
O OWLT | OWLET INC | 6.08% | $2.7M | 325,471 | $4.48 | $8.40 | +$1.5M |
R RCAT | RED CAT HLDGS INC | 1.86% | $837.5K | 115,045 | $2.08 | $7.28 | +$161.1K |