Pelion Ventures
Venture capitalSalt Lake City
Fund manager profile
Pelion Ventures is a venture fund manager based in Salt Lake City. SEC filings show 4 venture funds on record, most recently Pelion Ventures VIII, L.P. ($247M offering) filed January 2025.
Source: SEC EDGAR Form D filings. Firm website data not yet available.
What they invest in
from 12 of 17 portfolio companiesAI & Machine Learning ×8SaaS ×8Enterprise Software ×5Fintech ×3Cybersecurity ×2E-commerce ×2Consumer ×1Developer Tools ×1
HQs:United States×12Mexico×1
Investments · 17 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 32024 · 42023 · 12022 · 12016 · 111 dated
Luminous is an operations platform for omnichannel commerce brands that unifies inventory, purchasing, fulfillment, and wholesale in one system across DTC and retail channels.
E-commerceEnterprise SoftwareLogistics & Supply ChainSaaS
Jared(Founder & CEO)inBrendon(CTO & Co-Founder)in
Co-investorsSerena VenturesSTARTUP IGNITION VENTURES
Canopy is a cloud-native, all-in-one practice management platform for U.S. accounting, CPA, tax, and bookkeeping firms, combining client management, documents, billing, workflow, and communication in one login.
AI & Machine LearningFintechSaaSSouth Jordan, US
Kurt Avarell(Executive Officer, Director, Promoter)Davis Bell(Executive Officer, Director)
BoardNed May(Director)Josh Harmsen(Director)inAnkit Sud(Director)inChetan Puttagunta(Director)
Board seatChad Packard· per SEC Form D · $20M raise · filed May 2024
Co-investorsAnkona CapitalTenaya CapitalNew Enterprise Associates (NEA)NewView CapitalPelion Venture PartnersTen Coves Capital
Culver City, US
Zachary Rash(Executive Officer, Director)
BoardBrad Squicciarini(Director)
Board seatJeff Kearl· per SEC Form D · $56.9M raise · filed Sep 2024
Co-investorsOffline VenturesPelion Venture Partners
Orem, US
Board seatJeff Kearl· per SEC Form D · $20.8M raise · filed Oct 2022
Lehi, US
Joseph Woodbury(Executive Officer, Director)Preston Alder(Executive Officer, Director)Colton Gardner(Executive Officer, Director)
BoardDan Wenhold(Director)inBen Lambert(Director)
Board seatChad Packard· per SEC Form D · $30M raise · filed Jan 2024
Co-investorsAndreessen HorowitzFifth Wall
AI & Machine LearningFintechSaaSSales Tech
Co-investorsNewBuild.VCNeythri Futures FundNotable Capital
San Jose, US
BoardRobert Schwartz(Director)Rehan Jalil(Executive Officer, Director, Promoter)Navin Chadda(Director)Navin Chaddha(Director)
Co-investorsMayfield FundThird Point Ventures
Formant provides a governed operating layer that connects frontier AI models, heterogeneous robotics hardware, and enterprise operations to run physical AI deployments in production.
AI & Machine LearningEnterprise SoftwareRobotics
Jeff Linnell(Founder)in
Co-investorsSignalFireBMW i VenturesGoodyear VenturesGS FuturesHillsvenIntel Capital+2 more
The National Honey Board publishes stories about beekeepers and honey producers in the United States and abroad, and shares recipes and content promoting honey and the honey industry.
FoodTechMedia & Entertainment
Co-investorsMucker Capital8-Bit CapitalBurst CapitalVMG Partners
Honey is a shopping and rewards platform that helps consumers earn cash back through merchant offers and deals, with the ability to redeem points via PayPal and access deal-seeking features on mobile browsers.
ConsumerE-commerceRetail TechSaaSLos Angeles, US
Co-investorsAmity VenturesBAM VenturesLudlow VenturesPruVen Capital PartnersSGH CapitalWonder Ventures+3 more
Honey Health builds custom AI staff (AI agents) trained on an organization's own workflows, provided alongside a dedicated success and tech team that handles onboarding, training, and ongoing support.
AI & Machine LearningEnterprise SoftwareSaaS
Matt Faustman(Founder)Xiao Zhang(Founder)
Co-investorsStreamlined Ventures
Kapital is a financial services platform offering digital banking, payment processing, and investment products in Mexico.
FintechSaaSMexico City, MX
Rene Saul(Founder)inFernando Sandoval Oseguera(Founder)in
Co-investorsAccial CapitalBroom VenturesCervinColabora VenturesFoundersX VenturesKube VC+7 more
Monarx offers an AI-based security platform that detects, removes, and blocks malware and other threats on servers, including obfuscated, cloaking, and in-memory attacks.
AI & Machine LearningCybersecuritySaaSSalt Lake City, US
LUKE LANGFORD(Executive Officer, Director)Jonathan W. Gay(Executive Officer, Director)
BoardBEN DAHL(Director)inGAVIN CHRISTENSEN(Director)inMatthew Hoffman(Director)LOUIS BERYL(Director)
Co-investorsCrosscut VenturesKickstartPelion Venture PartnersSignal Peak Ventures
Neurala develops artificial intelligence technology for edge devices that learns from limited data in real-time without forgetting, embedded in products for enterprise customers across industries.
AI & Machine LearningHardwareBoston, US
Massimiliano Versace(Executive Officer, Director)Anatoly Gorshechnikov(Executive Officer)Heather Ames Versace(Executive Officer, Director)inAnatoli Gorchet(Founder)inRoger Matus(Executive Officer)
BoardBruno Bonnell(Director)
Co-investors360 CapitalBYU Cougar CapitalDraper AssociatesPerot JainRaptor GroupTechstars+4 more
Protect AI develops security solutions for artificial intelligence systems.
AI & Machine LearningCybersecurityEnterprise SoftwareSeattle, US
Ian Swanson(Executive Officer, Director, Promoter)Badar Ahmed(Director)inDaryan Dehghanpisheh(Director)
BoardRichard Seewald(Director)inMark Kraynak(Director)inEd Sim(Director)in
Co-investors01 AdvisorsAcrew CapitalAviso Venturesboldstart venturesEvolution Equity PartnersSamsung Next+3 more
Vendelux runs an AI-based event intelligence platform that helps B2B teams pick events, book meetings and attribute pipeline.
Long Island City, US
Alexander Reynolds(Executive Officer, Director)inRichard Stefan Deeran(Director)
Co-investorsEarl Grey CapitalFirstMark CapitalHubSpot VenturesSignalFireTri-Valley VenturesAlumni Ventures+3 more
Vybe builds AI coworkers and custom applications that automate repetitive operations tasks and integrate with existing team workflows through Slack and 3,000+ business integrations.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Quang Hoang(Cofounder/CEO)inFabien Devos(Cofounder/CTO)in
Co-investorsFjor FoundersHAWKTAILOrange CollectiveY CombinatorFirst Round Capital
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 1
IPOs and acquisitions across the tracked portfolioCacheflowacq. by HubSpot
Portfolio news
latest coverage across their companiesVendelux · alleywatch.com · Aug 3, 2026
Elastica · thequietus.com · Jul 31, 2026

Kapital Bank · euromoney.com · Jul 17, 2026
Honey · nosh.com · Jun 22, 2026
Honey · pulse2.com · Jun 11, 2026
Vybe · businessinsider.com · Feb 12, 2026
Honey Health · healthcareittoday.com · Dec 2, 2025
Monarx · serchen.com · Sep 26, 2025
Frequently asked questions
- Where is Pelion Ventures located?
- Pelion Ventures is headquartered in Salt Lake City, US.







