Pelion Ventures VII, L.P.
Pelion Venture Partners · adviser of record: Pelion, Inc · 2019 vintage
Pelion Ventures VII, L.P. is a 2019 venture fund managed by Pelion Venture Partners, with $250mm raised (Form D, amount sold). It reported $348mm in gross assets at year-end 2025, 1.39x its size, its highest reported value.
- Latest value held
- $348mm year-end 2025
- Peak
- $348mm year-end 2025
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 1.39x peak 1.39x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $348mm | 1.39x | +22% over 2 yrs |
| 2023 | $285mm | 1.14x | +40% |
| 2022 | $204mm | 0.81x | -31% |
| 2021 | $294mm | 1.18x | +52% |
| 2020 | $193mm | 0.77x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| LAFPP | 2021-12-31 | $15mm | 0.00x | 1.33x | 1.33x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Pelion Venture Partners
- Pelion Ventures VIII, L.P. 2023
- Pelion Ventures VIII Financial Institutions Fund, L.P. 2023
- Pelion Ventures VIII - Entrepreneurs Fund, L.P 2023
- Pelion Opportunity Fund VI, LLC 2022
- Medici Ventures, L.P. 2021
- Pelion Ventures VII - Entrepreneurs Fund, L.P. 2021
- Pelion Ventures VII Financial Institutions Fund, L.P. 2020
- Pelion Opportunity Fund V, LLC 2020
- Pelion Opportunity Fund IV, LLC 2020
- Pelion Opportunity Fund II, LLC 2019
- Pelion Opportunity Fund III, LLC 2019
- Pelion Opportunity Fund I, LLC 2018
All Pelion Venture Partners funds
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-5014552619. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.