Pelion Venture Partners is an early-stage venture capital firm based in Utah, established in 1986 as Utah Ventures. The firm specializes in investing in software companies across the United States, focusing on sectors such as B2B SaaS, fintech, marketplaces, cloud computing, and security. Pelion has a strong track record, having invested in nearly 100 companies and deployed close to $800 million in capital.

Notable exits include Cloudflare, Divvy, Integral Ad Science, Owlet, and Weave. In January 2025, Pelion raised $500 million for its eighth early-stage fund, Pelion Venture Partners Fund VIII, which has already deployed $72 million to startups including Strider, Kapital, Remi, Nala, Jump, Commenda, Subscript, Moises, and Cartwheel. ( The firm has also expanded its team by adding experienced professionals such as Tyler Hogge, former Senior Vice President of Product at Divvy, who joined as a Venture Partner in January 2023.

Pelion's investment philosophy centers on partnering with technology founders to build disruptive businesses that transform industries. The firm is committed to supporting entrepreneurs with not only financial resources but also time, expertise, and networks to help them succeed.