Pelion Venture Partners

Venture Capital

Pelion Venture Partners is a venture capital firm focused on early-stage investments in technology and software companies, with a strong commitment to the tech ecosystem in Utah and the Mountain West. Originally founded in 1986 as Utah Ventures.

Salt Lake City, United States · 75+ investments · 59 portfolio companies

Seed
Early Stage
Cloud
SaaS
Artificial Intelligence
Cybersecurity
Defense
Healthcare
Headquarters
Salt Lake City, United States
Founded
1986
AUM
$1.5B
Portfolio Companies
59
Total Investments
75
Last Investment
Dec 2025
Geographic Focus
North America, United States

Investment Thesis

Partners with technology founders to build disruptive businesses that transform industries, focusing on B2B SaaS, fintech, marketplaces, cloud, and security, with heavy emphasis on Utah and the broader US.

Pelion Venture Partners is a Venture Capital firm based in Salt Lake City, United States. It has made 75 investments in Cloud and SaaS, including Harmonic, Creekstone Energy and Upguard.

Portfolio59

Investment History

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