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Pelion is an early stage venture capital firm bent on exceeding the expectations of unapologetic entrepreneurs who shoot for the moon. A pursuit made possible by decades of experience, unwavering know-how and (most importantly) gritty, over-the-top determination.

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Our Companies

At Pelion, we work closely with visionary entrepreneurs to build innovative and disruptive businesses. Our team’s deep technology, investing and operational expertise make Pelion a trusted and valuable partner to support businesses as they move progressively through each stage of development.

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Recent News & Media

Canopy receives $42M in funding

Canopy, a cloud-based practice management system for accountants and tax professionals, has received $42 million in its latest funding round. “We have seen significant demand from both the investor community and customers to offer a better solution than what is currently available in the market,” said Canopy CEO Kurt Avarell in a statement. Canopy plans to use the funding to further develop the pipeline

Owlet Raises $24 Million in Series B Funding

Baby sock monitor company Owlet announced a $24 million Series B funding round. “As a company of parents, it is important to us to bring innovative technology into a family’s everyday life,” Co-Founder Kurt Workman said. “This new round of funding will enable us to expand our product line and explore ways to support the health and wellness of families at all stages, from pregnancy on…

Pelion Ventures Leads $10.5 Million Round for Divvy

Divvy is positioned to be the one stop shop for business spending. “We are removing barriers of entry by providing a free, yet powerful, solution for businesses as they spend. We’re passionate about helping every business spend smarter.” said Blake Murray, CEO of Divvy. Since launching its product in January 2018, Divvy boasts tens of thousands of users and hundreds of companies using the platform.