Pelion Co-Invest I

UV Partners, Inc., operating as Pelion Venture Partners, is a venture capital firm founded in 1986 and headquartered in Salt Lake City, Utah, with an additional office in Manhattan Beach, California. The firm specializes in early-stage investments, primarily focusing on technology and life sciences sectors across the United States. Within technology, Pelion targets areas such as software, SaaS, cloud computing, digital media, and financial technology, while its life sciences portfolio includes biotechnology and medical devices. The firm typically invests between $0.5 million and $10 million in companies, often taking a lead role during initial financing rounds and seeking board representation in its portfolio. Pelion emphasizes investments in the Western United States, particularly in regions like the Intermountain West and Southern California, and actively encourages entrepreneurs in smaller markets such as Boise and Phoenix. The investment team comprises experienced professionals who adopt a hands-on, collaborative approach to support the growth of their portfolio companies.