Pelion Ventures V

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.

Susannah Duke

Senior Associate

Tyler Hogge

Partner

Ally Hunter

Analyst

Ben Lambert

Partner

Trevor Lund

Vice President of Finance

Matt Mosman

General Partner

Kristy Muir

Investment Senior Associate

Abdou Ndao

Investment Associate

Chad Packard

General Partner

Holly Preslar

Senior Associate

Alayzain Rizavi

Senior Associate

Skyler Seymour

Senior Associate

Daylor Youngblood

Associate

Past deals in Accounting

Canopy

Series C in 2025
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Canopy

Venture Round in 2024
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Yendo

Series A in 2023
Yendo is a company that offers accounting software and asset-backed credit card solutions for small and medium-sized businesses and consumers. The accounting software, accessible via the cloud, allows users to manage various financial aspects including invoicing, expenses, and financial reporting, enabling them to track their company's performance effectively. Based in Ireland, Yendo serves a notable customer base in the United Kingdom and the United States. Additionally, the company provides credit cards secured by vehicles and homes, allowing consumers to leverage the equity in their assets for higher credit limits and lower interest rates compared to traditional bank-issued credit cards. This platform enables users to qualify for credit without the need for a FICO score check, making it accessible to a wider audience.

Canopy

Venture Round in 2021
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Yendo

Seed Round in 2021
Yendo is a company that offers accounting software and asset-backed credit card solutions for small and medium-sized businesses and consumers. The accounting software, accessible via the cloud, allows users to manage various financial aspects including invoicing, expenses, and financial reporting, enabling them to track their company's performance effectively. Based in Ireland, Yendo serves a notable customer base in the United Kingdom and the United States. Additionally, the company provides credit cards secured by vehicles and homes, allowing consumers to leverage the equity in their assets for higher credit limits and lower interest rates compared to traditional bank-issued credit cards. This platform enables users to qualify for credit without the need for a FICO score check, making it accessible to a wider audience.

Canopy

Series C in 2021
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Canopy

Venture Round in 2019
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Canopy

Venture Round in 2018
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

Canopy

Series B in 2017
Canopy Tax Inc. is a software company that specializes in providing tax resolution and practice management solutions for accountants and tax professionals. Founded in 2014 and based in Lehi, Utah, the company offers a cloud-based platform that enhances workflow management by integrating tools for client management, document management, invoicing, payment, and project management. Designed to streamline processes and reduce administrative tasks, Canopy's software enables accounting professionals to improve efficiency and enhance the client experience by consolidating essential functions into a single, user-friendly interface. The platform serves thousands of accounting practitioners across the country, helping them to organize their teams and optimize their operations.

ZipBooks

Seed Round in 2016
ZipBooks develops online accounting software tailored for small business owners and accountants. The platform offers a free Starter plan that includes features such as unlimited invoicing, automatic bank imports, and machine learning categorization, all accessible from anywhere. For accountants, ZipBooks provides a communication tool that allows texting clients to facilitate faster reconciliation. Additional features available as add-ons include smart tagging, payroll integration, reputation management, and comprehensive bookkeeping services. The software is designed to help users manage their cash flow effectively, keep their financial records current, handle payroll taxes, and identify potential tax deductions, making it a useful tool for businesses aiming to streamline their accounting processes.
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