Investments
217Portfolio Exits
53Funds
15About Pelion Venture Partners
Pelion is an early-stage venture capital firm bent on exceeding the expectations of unapologetic entrepreneurs who shoot for the moon.
Pelion Venture Partners Headquarter Location
2750 E Cottonwood Parkway, Suite 600
Salt Lake City, Utah, 84121,
United States
(801) 365-0262
Expert Collections containing Pelion Venture Partners
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Pelion Venture Partners in 1 Expert Collection, including The Edge Computing Landscape.
The Edge Computing Landscape
113 items
Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy
Latest Pelion Venture Partners News
Jun 23, 2022
Rivet Raises $20.5M in Series B Funding Rivet , a Salt Lake City, UT-based provider of a healthcare billing platform, raised $20.5M in Series B funding The round was led by Catalyst Investors with participation from Ankona Capital and existing investors Menlo Ventures, Pelion Venture Partners and Lux Capital Tyler Newton, Partner with Catalyst Investors, will join company’s Board of Directors The company intends to use the funds to accelerate growth and expand operations The company provides a revenue cycle operating platform dedicated to improve the healthcare billing process, from payer to provider to patient The company currently operates largely in outpatient facilities, but it aims to elevate the healthcare billing experience across all settings, regardless of size or specialty Tags:
Pelion Venture Partners Investments
217 Investments
Pelion Venture Partners has made 217 investments. Their latest investment was in Rivet as part of their Series B on June 6, 2022.
Pelion Venture Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/21/2022 | Series B | Rivet | $20.5M | No | 1 | |
5/19/2022 | Series B | LiveView Technologies | $50M | Yes | 2 | |
4/12/2022 | Series C | TraceUp | $47M | Yes | 1 | |
3/28/2022 | Unattributed VC | |||||
2/23/2022 | Unattributed VC |
Date | 6/21/2022 | 5/19/2022 | 4/12/2022 | 3/28/2022 | 2/23/2022 |
|---|---|---|---|---|---|
Round | Series B | Series B | Series C | Unattributed VC | Unattributed VC |
Company | Rivet | LiveView Technologies | TraceUp | ||
Amount | $20.5M | $50M | $47M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 1 |
Pelion Venture Partners Portfolio Exits
53 Portfolio Exits
Pelion Venture Partners has 53 portfolio exits. Their latest portfolio exit was Gem on March 09, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/9/2022 | Acquired | 1 | |||
11/11/2021 | IPO | Public | 6 | ||
7/19/2021 | Reverse Merger | 7 | |||
Date | 3/9/2022 | 11/11/2021 | 7/19/2021 | ||
|---|---|---|---|---|---|
Exit | Acquired | IPO | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 1 | 6 | 7 |
Pelion Venture Partners Fund History
15 Fund Histories
Pelion Venture Partners has 15 funds, including Pelion Ventures VII.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/9/2021 | Pelion Ventures VII | $365M | 2 | ||
12/17/2020 | Pelion Opportunity Fund IV | $3.34M | 1 | ||
12/17/2020 | Pelion Opportunity Fund V | $25.88M | 1 | ||
8/30/2019 | Pelion Opportunity Fund III | ||||
8/9/2019 | Pelion Opportunity Fund II |
Closing Date | 12/9/2021 | 12/17/2020 | 12/17/2020 | 8/30/2019 | 8/9/2019 |
|---|---|---|---|---|---|
Fund | Pelion Ventures VII | Pelion Opportunity Fund IV | Pelion Opportunity Fund V | Pelion Opportunity Fund III | Pelion Opportunity Fund II |
Fund Type | |||||
Status | |||||
Amount | $365M | $3.34M | $25.88M | ||
Sources | 2 | 1 | 1 |
Pelion Venture Partners Team
9 Team Members
Pelion Venture Partners has 9 team members, including current Chief Financial Officer, Jaquie McKay.
Name | Work History | Title | Status |
|---|---|---|---|
Jaquie McKay | Chief Financial Officer | Current | |
Jeff Kearl | Managing Partner | Current | |
Carl S. Ledbetter | Novell, Hybrid Networks, AT&T, Sun Microsystems, IBM, and Wellesley College | Managing Partner | Current |
Blake Modersitzki | Managing Partner | Current | |
Chris Cooper | General Partner | Current |
Name | Jaquie McKay | Jeff Kearl | Carl S. Ledbetter | Blake Modersitzki | Chris Cooper |
|---|---|---|---|---|---|
Work History | Novell, Hybrid Networks, AT&T, Sun Microsystems, IBM, and Wellesley College | ||||
Title | Chief Financial Officer | Managing Partner | Managing Partner | Managing Partner | General Partner |
Status | Current | Current | Current | Current | Current |
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