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Pelion Ventures

Venture capital

Salt Lake City · 8 people tracked

Find your way into Pelion Ventures

490 people in our graph share verified history with the Pelion Ventures team — schools, employers, funds. One of them is your warm intro.

John Sabinunlockedknows Matt Mosman · together at Brigham Young University (overlapped)
×5knows the team · via Oracle Corporation
knows the team · via Divvy | Inc.
×2knows the team · via Brigham Young University
knows the team · via Gem
knows the team · via Rocky Mountain Venture Capital Association
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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
20

Team · 8 people

from public directories
Blake G. Modersitzki· General Partnerin
Carl S. Ledbetter· General Partner
Chris Cooper· General Partnerin
Jeff Kearl· General Partner
Matt Mosman· General Partnerin
Steve Glover· General Partner

What they invest in

from 13 of 20 portfolio companies

AI & Machine Learning ×9SaaS ×8Enterprise Software ×6Fintech ×4Cybersecurity ×2Crypto & Web3 ×1Data & Infrastructure ×1Developer Tools ×1

HQs:United States×12France×1Mexico×1

Investments · 20 tracked

founders shown can be your intro path

By year:2026 · 12025 · 42024 · 42023 · 12022 · 12020 · 12017 · 12016 · 114 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)inDavis Bell(Executive Officer, Director)in

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

Cacheflowgetcacheflow.comin𝕏acquired by HubSpot

AI & Machine LearningFintechSaaSSales Tech

Co-investorsNewBuild.VCNeythri Futures FundNotable CapitalGranite AsiaGV (Google Ventures)

Elasticaelastica.net

San Jose, US

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

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

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)inXiao Zhang(Founder)in

Co-investorsStreamlined Ventures

Honey Healthjoinhoneyhealth.cominOct 2025 · $7.8M

Honey Health builds custom AI agent teams for organizations, trained on each client's own workflows and not shared across customers.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investors8-Bit CapitalBurst Capital

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)inAnatoly Gorshechnikov(Executive Officer)Heather Ames Versace(Executive Officer, Director)inAnatoli Gorchet(Founder)inRoger Matus(Executive Officer)in

BoardBruno Bonnell(Director)

Co-investors360 CapitalBYU Cougar CapitalDraper AssociatesPerot JainRaptor GroupTechstars+4 more

Protect AIprotectai.cominJul 2024 · $13.5M

Protect AI develops security solutions for artificial intelligence systems.

AI & Machine LearningCybersecurityEnterprise SoftwareSeattle, US

Ian Swanson(Executive Officer, Director, Promoter)inBadar 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

Vybevybenetwork.com𝕏Dec 2025 · $10M

VYBE Network provides real-time on-chain data and portfolio tracking for Solana traders and developers, offering historical wallet data, trading signals, and intelligence on top traders through APIs and a web dashboard.

Crypto & Web3Data & Infrastructure

Arun Dass(Founder)in

Co-investorsLemniscapRyze LabsFirst Round CapitalOrange CollectiveY Combinator

Vybevybecard.com𝕏Dec 2025 · $10MDefunct

Vybecard appears to be a payment or money-management product oriented toward teenagers, with content on how teens can get paid and manage money.

Fintech

Co-investorsVibe CapitalFirst Round CapitalOrange CollectiveSerumTess VenturesY Combinator

Yotascaleyotascale.cominOct 2020 · $13M

Founded by Asim Razzaq; Engineering Capital was first investor.

Fremont, US

Asim Razzaq(Executive Officer, Director)in

Co-investorsCrosslink CapitalEngineering CapitalFelicis Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Cyan RoboticsLiveView Technologies, Inc.Neighbor Storage, Inc.LunchBadger

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

1 acquisitions

Cacheflowacq. by HubSpot

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Pelion Ventures made?
Pelion Ventures has 20 tracked investments, 1 of which have exited, including 5 dated in the last 24 months.
Where is Pelion Ventures located?
Pelion Ventures is headquartered in Salt Lake City, US.

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