Pelion Venture Partners is an early-stage venture capital firm based in Salt Lake City, Utah, focused on investing in B2B software companies. Founded in 1986, the firm partners with technology founders across the United States to build disruptive businesses, with its most recent fund (Fund VIII) raising $500M.
Deal activity increased 67% year-over-year (10 deals in the last 12 months). Average disclosed round size is $38.8M (across 117 rounds with reported amounts).
Portfolio
86
Fund Size
—
Top Stage
Series B
Last 12 Mo
10
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
127 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Redo | Series B | $81M | Jun 2026 |
 UpGuard | Series C | $75M | Feb 2026 |
 Jump | Series B | $80M | Feb 2026 |
 Jump | Series B | $80M | Feb 2026 |
 Brandlight | Series A | — | Feb 2026 |
 Nursa | Series B | $80M | Jan 2026 |
 CodeRabbit | Series C | — | Jan 2026 |
 Cactus | Seed | $7M | Nov 2025 |
 Cactus Compute, Inc | Seed | $7M | Nov 2025 |
 Torus | Growth | — | Sep 2025 |
 Kapital | Series C | $100M | Sep 2025 |
 Kapital Bank | Series C | $86M | Sep 2025 |
| CCoco Robotics | Series C | — | Jun 2025 |
 Agree | Seed | $7.2M | May 2025 |
 Agree.com | Seed | $7.2M | May 2025 |
| Jump | Series A | $20M | Feb 2025 |
 KAPITAL | Series C | $100M | Jan 2025 |
 Moises | Series A | $40M | Jan 2025 |
 Music.AI | Series A | $40M | Jan 2025 |
 Cy4data Labs | Series A | $10M | Jan 2025 |
| Cy4data Labs | Growth | $10M | Jan 2025 |
| CCoco Robotics | Series B | $80M | Jan 2025 |
 Strider | Series C | $55M | Sep 2024 |
 Strider | Series C | $55M | Sep 2024 |
| Torus | Series A | $67M | Jan 2024 |
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Top Co-Investors
Y Combinator14 shared
Crosslink Capital10 shared
Nexus Venture Partners9 shared
Kickstart9 shared
Crosscut Ventures8 shared
Battery Ventures7 shared
Sorenson Capital7 shared
New Enterprise Associates6 shared
Peterson Ventures6 shared
Greycroft6 shared
Techstars6 shared
Ten Coves Capital5 shared
Viking Global Investors5 shared
Ankona Capital5 shared
NewView Capital5 shared
Tenaya Capital5 shared
Catalyst Investors4 shared
Bessemer Venture Partners4 shared
Digital Garage, Inc.4 shared
Offline Ventures4 shared
Last updated: 7 October 2026