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Pelion Ventures

Venture capital

Salt Lake City

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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.

HQ
Salt Lake City, US
Founded
2015
Last 12 months
4 investments
Tracked investments
17

What they invest in

from 12 of 17 portfolio companies

AI & 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 path

By year:2026 · 12025 · 32024 · 42023 · 12022 · 12016 · 111 dated

Luminousjoinluminous.comin✓ verified

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 Taxcanopytax.cominMay 2024SEC filingmedium confidence

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

Cyan RoboticsSep 2024SEC filingmedium confidence

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

LiveView Technologies, Inc.Oct 2022SEC filingmedium confidence

Orem, US

Board seatJeff Kearl· per SEC Form D · $20.8M raise · filed Oct 2022

Neighbor Storage, Inc.Jan 2024SEC filingmedium confidence

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

Cacheflowgetcacheflow.comin𝕏acquired by HubSpot

AI & Machine LearningFintechSaaSSales Tech

Co-investorsNewBuild.VCNeythri Futures FundNotable Capital

Elasticaelastica.net

San Jose, US

BoardRobert Schwartz(Director)Rehan Jalil(Executive Officer, Director, Promoter)Navin Chadda(Director)Navin Chaddha(Director)

Co-investorsMayfield FundThird Point Ventures

Formantformant.aiinOct 2023

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

Honeyhoney.comin𝕏Oct 2025 · $7.8M

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

Honeyjoinhoney.com𝕏Oct 2025 · $7.8M

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 Healthhoneyhealth.aiin

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 Bankkapital.mxin𝕏Sep 2025

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

Monarxmonarx.comin𝕏

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

Neuralaneurala.cominDec 2016

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 AIprotectai.cominJul 2024

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

Vendeluxvendelux.comJul 2026 · $50M

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

Vybevybe.buildin𝕏

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 portfolio

Cacheflowacq. by HubSpot

Portfolio news

latest coverage across their companies

Frequently asked questions

Where is Pelion Ventures located?
Pelion Ventures is headquartered in Salt Lake City, US.

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