Pelion Venture Partners, formerly known as UV Partners, is a venture capital firm founded in 1986. The firm was founded by Blake Modersitzki. Its headquarters is located in Salt Lake City, Utah although it also has an office in Manhattan Beach, California. As of March 2019, the firm has 49 companies in its portfolio and has sold off its ownership in 85 companies. Its most recent investment was in Monarx, Inc. in February 2019, a company providing web shell protection for content management systems.
Pelion Venture Partners focuses on funding companies in the field of information technology (IT) and life sciences. The firm seeks to invest in companies that are based in the Western parts of the United States. It provides capital for companies at various stages of financing, from seed to mid ventures. Its most recent funding round was held in July 2015, raising $240 million.
