Pelion Ventures V, managed by Pelion Venture Partners, is an early-stage venture capital fund based in Salt Lake City, Utah. Established in 1986, the firm focuses on investing nationwide in technology companies that apply innovative software solutions to enterprise needs, with a particular interest in cloud, internet, mobile, analytics, and networking sectors. Pelion Venture Partners is known for its hands-on, collaborative approach with portfolio companies, leveraging its deep and diverse industry experience to help entrepreneurs transform early-stage concepts into leading businesses.
Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.
Oops
Seed Round in 2022
Oops is a venture-backed startup founded in 2022 and based in Salt Lake City, Utah. The company provides an online platform that simplifies the process of returning products by offering doorstep services for packing, taping, labeling, and transporting items. By streamlining returns, Oops enables individuals to manage their returns conveniently from home, saving them time, effort, and resources.
Hivewire
Venture Round in 2021
Hivewire, Inc. develops visual workflow software and tools designed for teams and individuals to enhance their post-sale processes. Founded in 2019 and located in Lehi, Utah, the company offers a management platform that allows businesses to create and manage solutions through database management and process automation. By unifying teams in a single workspace, Hivewire empowers users to take control of their workflows and improve operational efficiency.
BookClub
Series A in 2021
BookClub Inc. operates BookClub.com, a virtual platform that facilitates author-led book clubs. Founded in 2020 and based in Alpine, Utah, the company aims to foster deep connections between readers and authors. Through its mobile application, users can join personal book groups, access exclusive video content, and participate in live-audio discussions. This innovative approach allows authors to engage with their audience through interviews and question-and-answer sessions, creating an interactive environment for meaningful conversations about literature.
BookClub
Seed Round in 2020
BookClub Inc. operates BookClub.com, a virtual platform that facilitates author-led book clubs. Founded in 2020 and based in Alpine, Utah, the company aims to foster deep connections between readers and authors. Through its mobile application, users can join personal book groups, access exclusive video content, and participate in live-audio discussions. This innovative approach allows authors to engage with their audience through interviews and question-and-answer sessions, creating an interactive environment for meaningful conversations about literature.
SimpleCitizen
Seed Round in 2019
SimpleCitizen, Inc. is a company that specializes in providing digital solutions for immigration and visa processes. Founded in 2014 and based in Salt Lake City, Utah, the company offers a range of services including applications for citizenship, green cards, and employment authorization documents, as well as marriage-based green card applications. SimpleCitizen's platform streamlines the application process, allowing users to track and renew their green cards and complete citizenship applications online. By focusing on making immigration more accessible and affordable, SimpleCitizen aims to assist families in establishing themselves in new communities worldwide. As of September 2020, SimpleCitizen operates as a subsidiary of Fragomen, Del Rey, Bernsen & Loewy, LLP.
Weave
Series D in 2019
Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/ With over 15,000 customers, Weave was the first Utah company to join Y Combinator and has received several renowned awards, including the Fortune 100 Best Companies 2019, Forbes 2019 Cloud 100 and Forbes 2020 Next Billion-Dollar Startups, the 2019 and 2020 Inc. 5000 fastest-growing companies in America, Glassdoor’s 2019 and 2020 Best Places to Work and 2019 Top CEOs.
Weave
Series C in 2018
Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/ With over 15,000 customers, Weave was the first Utah company to join Y Combinator and has received several renowned awards, including the Fortune 100 Best Companies 2019, Forbes 2019 Cloud 100 and Forbes 2020 Next Billion-Dollar Startups, the 2019 and 2020 Inc. 5000 fastest-growing companies in America, Glassdoor’s 2019 and 2020 Best Places to Work and 2019 Top CEOs.
Owlet Baby Care
Series B in 2018
Owlet Baby Care Inc. specializes in developing and manufacturing innovative monitoring solutions for infants, focusing on providing parents with real-time insights into their child's health. Founded in 2012 and based in Lehi, Utah, the company offers a range of products, including the Owlet Smart Sock, which tracks an infant's heart rate and oxygen levels while sleeping, alerting parents to any concerns. Additionally, the Owlet Cam allows parents to monitor their baby through their smartphones with high-definition clarity. The Owlet Monitor Duo combines the functionalities of the Smart Sock and the Cam for comprehensive monitoring. The company also provides the Owlet Dream Lab, an interactive program aimed at helping parents establish healthy sleep habits for their infants. Owlet's products are available for purchase online, ensuring accessibility for parents seeking peace of mind regarding their child's well-being.
Neighbor
Seed Round in 2018
Neighbor Storage, Inc. operates a peer-to-peer self-storage marketplace that connects individuals with unused space in their homes to those in need of affordable storage solutions. Founded in 2017 and based in American Fork, Utah, the company provides an online platform where hosts can rent out spare areas such as garages, driveways, attics, and backyards. This innovative approach allows homeowners to generate additional income from their unused spaces while offering renters a flexible and convenient alternative to traditional storage facilities. By facilitating these connections, Neighbor promotes economic empowerment and supports the sharing economy.
Grow
Series B in 2018
Grow is a business intelligence dashboard software designed for small and medium businesses, allowing them to effectively track key metrics and make informed decisions. Founded in 2014 and headquartered in Orem, Utah, Grow enables users to quickly set up custom dashboards by connecting various data sources such as QuickBooks, Salesforce, and Zendesk, without requiring IT assistance. The platform aggregates data from spreadsheets and cloud-based tools, combining data extraction, warehousing, and visualization into a user-friendly interface. By providing clear visibility into performance metrics, Grow empowers employees to engage with their work and helps leaders inspire confidence and loyalty within their teams.
Cake Technologies
Seed Round in 2018
Cake Technologies, Inc. is a company that has developed a unique browser specifically for mobile devices. Founded in 2016 and based in Provo, Utah, Cake Technologies aims to enhance the browsing experience by allowing users to swipe through web content rather than navigating back and forth between lists of search results and individual web pages. The browser aggregates results from various categories, including images, videos, news, and shopping, and provides options for users to customize their search experience by selecting their preferred search engine and reordering favorite sites. This innovative approach seeks to compete with traditional browsers by offering a faster and more intuitive method for accessing online content.
Teal Drones
Series A in 2017
Teal Drones, Inc. is a manufacturer of advanced production drones, focusing on both consumer and enterprise applications. Established in 2015 and located in Salt Lake City, Utah, the company designs and builds its own hardware and software platforms. Its flagship product, Teal One, is recognized for its exceptional performance, offering users a premium flight experience complemented by innovative features such as a modular design, onboard supercomputer, and versatile control options. Teal Drones caters to various industries, including gaming, augmented reality, security, inspections, e-commerce, and agriculture, providing solutions that simplify and automate drone operations. The company's systems are equipped with advanced air control technology and artificial intelligence, making them suitable for federal, state, and enterprise applications.
Weave
Series B in 2017
Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/ With over 15,000 customers, Weave was the first Utah company to join Y Combinator and has received several renowned awards, including the Fortune 100 Best Companies 2019, Forbes 2019 Cloud 100 and Forbes 2020 Next Billion-Dollar Startups, the 2019 and 2020 Inc. 5000 fastest-growing companies in America, Glassdoor’s 2019 and 2020 Best Places to Work and 2019 Top CEOs.
Primary Data
Series B in 2017
Primary Data, founded in 2013 and based in Sandy, Utah, specializes in intelligence and automation software for enterprise data management, facilitating seamless integration between on-premises IT infrastructure and cloud environments. The company's flagship platform, DataSphere, utilizes metadata management and machine learning to optimize data movement within a global namespace. It enables organizations managing large data volumes to efficiently handle billions of files, automate data migration processes, and improve cloud integration while enhancing network-attached storage (NAS) performance. By ensuring that the right data is accessible to the right applications at the right time, Primary Data helps enterprises maximize the value of their infrastructure investments.
MasteryConnect
Series C in 2016
MasteryConnect is an educational technology company based in Salt Lake City, Utah, founded in 2009. It specializes in developing an assessment and curriculum platform that supports educators in identifying levels of student understanding and personalizing learning. The platform allows teachers to administer formative and benchmark assessments, automate grading, and effectively monitor student performance. By providing tools for data evaluation, MasteryConnect enables educators to target interventions and enhance their teaching practices, ultimately driving student growth and facilitating communication with parents and administrators.
ObservePoint
Series B in 2016
ObservePoint LLC is a provider of data quality assurance solutions based in Provo, Utah, founded in 2007. The company specializes in ensuring the accuracy and reliability of digital data through its comprehensive platform that automates the verification of web tags and analytics performance. ObservePoint offers a suite of services, including AppAssurance for mobile app analytics and WebAssurance for web tag validation, both designed to help organizations trust their data for informed decision-making. Additionally, the platform includes tools for manual data accuracy checks and automation across digital properties. With a focus on data governance, privacy compliance, and campaign performance, ObservePoint enables enterprises to identify and rectify data collection errors, thereby enhancing customer experiences and facilitating data-driven strategies.
Grow
Series A in 2016
Grow is a business intelligence dashboard software designed for small and medium businesses, allowing them to effectively track key metrics and make informed decisions. Founded in 2014 and headquartered in Orem, Utah, Grow enables users to quickly set up custom dashboards by connecting various data sources such as QuickBooks, Salesforce, and Zendesk, without requiring IT assistance. The platform aggregates data from spreadsheets and cloud-based tools, combining data extraction, warehousing, and visualization into a user-friendly interface. By providing clear visibility into performance metrics, Grow empowers employees to engage with their work and helps leaders inspire confidence and loyalty within their teams.
Blyncsy
Seed Round in 2016
Blyncsy, Inc. is a data analytics company based in Salt Lake City, Utah, established in 2014. It specializes in providing big data solutions through its various products, including Blyncs sensors, which are deployed in diverse environments from ski resorts to college campuses. The company's analytics platform leverages machine learning and AI to analyze vast amounts of data in real-time, offering insights into traffic and transportation networks while monitoring elements such as parking availability and public transit demand. Additionally, Blyncsy's Payver product utilizes machine vision to create digital twins of real-world infrastructure, enhancing the assessment and management of roadside conditions. The company also offers Mercury, a contact tracing solution aimed at managing contagion tracking for universities. Overall, Blyncsy focuses on improving the efficiency and safety of urban environments through advanced data collection and analysis techniques.
Grow
Seed Round in 2016
Grow is a business intelligence dashboard software designed for small and medium businesses, allowing them to effectively track key metrics and make informed decisions. Founded in 2014 and headquartered in Orem, Utah, Grow enables users to quickly set up custom dashboards by connecting various data sources such as QuickBooks, Salesforce, and Zendesk, without requiring IT assistance. The platform aggregates data from spreadsheets and cloud-based tools, combining data extraction, warehousing, and visualization into a user-friendly interface. By providing clear visibility into performance metrics, Grow empowers employees to engage with their work and helps leaders inspire confidence and loyalty within their teams.
Weave
Series B in 2016
Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/ With over 15,000 customers, Weave was the first Utah company to join Y Combinator and has received several renowned awards, including the Fortune 100 Best Companies 2019, Forbes 2019 Cloud 100 and Forbes 2020 Next Billion-Dollar Startups, the 2019 and 2020 Inc. 5000 fastest-growing companies in America, Glassdoor’s 2019 and 2020 Best Places to Work and 2019 Top CEOs.
Omadi
Series A in 2015
Omadi, Inc. is a provider of cloud-based software tailored for the transportation, towing, recovery, security, and field service industries. Founded in 2013 and based in Provo, Utah, the company developed its platform to enhance operational efficiency by enabling users to track, analyze, and improve employee productivity while minimizing paperwork. Omadi's software allows businesses to manage various aspects, including dispatching, fleet tracking, client relationships, and financial processes such as billing and payroll. The platform also offers mobile management capabilities, which include custom reporting, alerts, and forms, making it adaptable to meet specific business needs. Initially created to support a private property impound company, Omadi has since expanded its functionalities and markets, becoming a comprehensive solution for various service-oriented industries.
Teal Drones
Seed Round in 2015
Teal Drones, Inc. is a manufacturer of advanced production drones, focusing on both consumer and enterprise applications. Established in 2015 and located in Salt Lake City, Utah, the company designs and builds its own hardware and software platforms. Its flagship product, Teal One, is recognized for its exceptional performance, offering users a premium flight experience complemented by innovative features such as a modular design, onboard supercomputer, and versatile control options. Teal Drones caters to various industries, including gaming, augmented reality, security, inspections, e-commerce, and agriculture, providing solutions that simplify and automate drone operations. The company's systems are equipped with advanced air control technology and artificial intelligence, making them suitable for federal, state, and enterprise applications.
Weave
Series B in 2015
Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/ With over 15,000 customers, Weave was the first Utah company to join Y Combinator and has received several renowned awards, including the Fortune 100 Best Companies 2019, Forbes 2019 Cloud 100 and Forbes 2020 Next Billion-Dollar Startups, the 2019 and 2020 Inc. 5000 fastest-growing companies in America, Glassdoor’s 2019 and 2020 Best Places to Work and 2019 Top CEOs.
SimpleCitizen
Seed Round in 2015
SimpleCitizen, Inc. is a company that specializes in providing digital solutions for immigration and visa processes. Founded in 2014 and based in Salt Lake City, Utah, the company offers a range of services including applications for citizenship, green cards, and employment authorization documents, as well as marriage-based green card applications. SimpleCitizen's platform streamlines the application process, allowing users to track and renew their green cards and complete citizenship applications online. By focusing on making immigration more accessible and affordable, SimpleCitizen aims to assist families in establishing themselves in new communities worldwide. As of September 2020, SimpleCitizen operates as a subsidiary of Fragomen, Del Rey, Bernsen & Loewy, LLP.
Qzzr
Series A in 2015
Qzzr is a platform that specializes in creating interactive content, including quizzes, polls, and lists, aimed at enhancing audience engagement for major brands such as ESPN, LinkedIn, HubSpot, Red Bull, and Marriott. Launched in 2014, Qzzr provides tools that allow businesses to create personalized quizzes which capture user interests and attention. This functionality not only helps brands increase exposure and conversions but also offers valuable insights into customer behavior. In the previous year, Qzzr's tools were utilized by over 358 million individuals, highlighting the platform's widespread impact and effectiveness in generating leads and enriching customer profiles for informed product recommendations.
Blyncsy
Convertible Note in 2015
Blyncsy, Inc. is a data analytics company based in Salt Lake City, Utah, established in 2014. It specializes in providing big data solutions through its various products, including Blyncs sensors, which are deployed in diverse environments from ski resorts to college campuses. The company's analytics platform leverages machine learning and AI to analyze vast amounts of data in real-time, offering insights into traffic and transportation networks while monitoring elements such as parking availability and public transit demand. Additionally, Blyncsy's Payver product utilizes machine vision to create digital twins of real-world infrastructure, enhancing the assessment and management of roadside conditions. The company also offers Mercury, a contact tracing solution aimed at managing contagion tracking for universities. Overall, Blyncsy focuses on improving the efficiency and safety of urban environments through advanced data collection and analysis techniques.
ObservePoint
Series A in 2015
ObservePoint LLC is a provider of data quality assurance solutions based in Provo, Utah, founded in 2007. The company specializes in ensuring the accuracy and reliability of digital data through its comprehensive platform that automates the verification of web tags and analytics performance. ObservePoint offers a suite of services, including AppAssurance for mobile app analytics and WebAssurance for web tag validation, both designed to help organizations trust their data for informed decision-making. Additionally, the platform includes tools for manual data accuracy checks and automation across digital properties. With a focus on data governance, privacy compliance, and campaign performance, ObservePoint enables enterprises to identify and rectify data collection errors, thereby enhancing customer experiences and facilitating data-driven strategies.
Grow
Seed Round in 2014
Grow is a business intelligence dashboard software designed for small and medium businesses, allowing them to effectively track key metrics and make informed decisions. Founded in 2014 and headquartered in Orem, Utah, Grow enables users to quickly set up custom dashboards by connecting various data sources such as QuickBooks, Salesforce, and Zendesk, without requiring IT assistance. The platform aggregates data from spreadsheets and cloud-based tools, combining data extraction, warehousing, and visualization into a user-friendly interface. By providing clear visibility into performance metrics, Grow empowers employees to engage with their work and helps leaders inspire confidence and loyalty within their teams.
MasteryConnect
Series B in 2014
MasteryConnect is an educational technology company based in Salt Lake City, Utah, founded in 2009. It specializes in developing an assessment and curriculum platform that supports educators in identifying levels of student understanding and personalizing learning. The platform allows teachers to administer formative and benchmark assessments, automate grading, and effectively monitor student performance. By providing tools for data evaluation, MasteryConnect enables educators to target interventions and enhance their teaching practices, ultimately driving student growth and facilitating communication with parents and administrators.
Qzzr
Seed Round in 2014
Qzzr is a platform that specializes in creating interactive content, including quizzes, polls, and lists, aimed at enhancing audience engagement for major brands such as ESPN, LinkedIn, HubSpot, Red Bull, and Marriott. Launched in 2014, Qzzr provides tools that allow businesses to create personalized quizzes which capture user interests and attention. This functionality not only helps brands increase exposure and conversions but also offers valuable insights into customer behavior. In the previous year, Qzzr's tools were utilized by over 358 million individuals, highlighting the platform's widespread impact and effectiveness in generating leads and enriching customer profiles for informed product recommendations.
Primary Data
Series B in 2014
Primary Data, founded in 2013 and based in Sandy, Utah, specializes in intelligence and automation software for enterprise data management, facilitating seamless integration between on-premises IT infrastructure and cloud environments. The company's flagship platform, DataSphere, utilizes metadata management and machine learning to optimize data movement within a global namespace. It enables organizations managing large data volumes to efficiently handle billions of files, automate data migration processes, and improve cloud integration while enhancing network-attached storage (NAS) performance. By ensuring that the right data is accessible to the right applications at the right time, Primary Data helps enterprises maximize the value of their infrastructure investments.
Primary Data
Series B in 2013
Primary Data, founded in 2013 and based in Sandy, Utah, specializes in intelligence and automation software for enterprise data management, facilitating seamless integration between on-premises IT infrastructure and cloud environments. The company's flagship platform, DataSphere, utilizes metadata management and machine learning to optimize data movement within a global namespace. It enables organizations managing large data volumes to efficiently handle billions of files, automate data migration processes, and improve cloud integration while enhancing network-attached storage (NAS) performance. By ensuring that the right data is accessible to the right applications at the right time, Primary Data helps enterprises maximize the value of their infrastructure investments.
Domo
Angel Round in 2011
Domo, Inc. is a technology company based in American Fork, Utah, that operates a cloud-based platform designed to connect various data, systems, and personnel within organizations. Founded in 2010, Domo's platform enables users, from executives to frontline employees, to access real-time data and insights, facilitating business management through mobile devices. The company offers a subscription-based service that includes a Programmatic Revenue Solution, which integrates complex data from advertising servers and sell-side platforms into user-friendly dashboards. Domo generates revenue primarily through subscriptions to its platform and professional services, allowing organizations to enhance decision-making and operational efficiency.
Domo
Seed Round in 2010
Domo, Inc. is a technology company based in American Fork, Utah, that operates a cloud-based platform designed to connect various data, systems, and personnel within organizations. Founded in 2010, Domo's platform enables users, from executives to frontline employees, to access real-time data and insights, facilitating business management through mobile devices. The company offers a subscription-based service that includes a Programmatic Revenue Solution, which integrates complex data from advertising servers and sell-side platforms into user-friendly dashboards. Domo generates revenue primarily through subscriptions to its platform and professional services, allowing organizations to enhance decision-making and operational efficiency.
Venafi
Series B in 2006
Venafi, Inc. is a cybersecurity company that specializes in enterprise key and certificate management solutions. Founded in 2000 and headquartered in Salt Lake City, Utah, Venafi offers a range of products that enhance the security of machine identities, including the Venafi Director platform for comprehensive oversight of keys and certificates, Server Certificate Manager for certificate inventory security, and SSH Key Manager for improved threat intelligence. The company’s solutions enable organizations to secure machine-to-machine communications across various environments, including on-premises, virtual, cloud, and IoT. Additional offerings include Symmetric Key Manager, Mobile Certificate Manager, and Venafi Cloud for DevOps, which collectively help manage cryptographic keys and digital certificates efficiently. Venafi serves clients across multiple sectors, including financial services, healthcare, and telecommunications, addressing challenges such as compliance, risk management, and system availability. Through automated remediation and global visibility, Venafi mitigates risks associated with machine identities, ensuring secure communications within the extended enterprise.
Cogito
Series B in 2005
Cogito Inc. develops graph-based relationship analytics software and services, focusing on providing tools for modeling and querying data. Its flagship offering, the Cogito Knowledge Center, includes middleware engines, servers, and development tools. Key components of its software include the Graph Engine for modeling and query services, Workbench for prototyping graph data stores, and Graph Server, which hosts various graph stores for clients. Additionally, the Data Integration Broker facilitates data exchanges between graph stores and other data systems. Cogito's technology finds applications across various sectors, including intelligence and security, social network analysis, manufacturing, and bioinformatics. The company also offers a Graph Query Language for creating query statements and Graph Analytics tools for analyzing interaction patterns within social networks. Founded in 1994 and based in Draper, Utah, Cogito operates as a subsidiary of Reachable, Inc.
Salus Therapeutics
Series B in 2002
Salus Therapeutics Inc., a privately held biotechnology company founded in July 1999 and located in Salt Lake City, uses a proprietary "OptiSense(R)" technology for the discovery of new oligonucleotide-based medicines. The company's unique co-polymers are used as transfection vehicles to deliver RNA- and DNA-based drugs.
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