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Pelion Venture Partners closes Pelion Venture Partners Fund VII at USD365m

Pelion Venture Partners has closed Pelion Venture Partners Fund VII at USD365 million, exceeding the fund’s initial target of USD250 million. 

Greenstone Equity Partners, the largest licensed fund placement firm in the Middle East, supported Pelion Venture Partners in achieving fund closure by raising capital from its network of GCC-based institutional investors.

Pelion invests in software companies across the United States, partnering with technology founders in B2B SaaS, fintech, marketplaces, cloud computing and security.

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