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Venture Capital
pelionvp.com

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Investments

217

Portfolio Exits

53

Funds

15

About 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

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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.

T

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

Rivet: Raises $20.5M in Series B Funding

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.

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Pelion Venture Partners Investments Activity

investments chart

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

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$99M

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10

2/23/2022

Unattributed VC

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$99M

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10

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

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Amount

$20.5M

$50M

$47M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

1

2

1

10

10

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

$99M

1

11/11/2021

IPO

$99M

Public

6

7/19/2021

Reverse Merger

$99M

7

7/13/2021

Acquired

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$99M

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10

5/16/2021

Acq - Talent

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$99M

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10

Date

3/9/2022

11/11/2021

7/19/2021

7/13/2021

5/16/2021

Exit

Acquired

IPO

Reverse Merger

Acquired

Acq - Talent

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

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Sources

1

6

7

10

10

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

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$99M

10

8/9/2019

Pelion Opportunity Fund II

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$99M

10

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

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Status

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Amount

$365M

$3.34M

$25.88M

$99M

$99M

Sources

2

1

1

10

10

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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