Pelion

Glasgow, United Kingdom Founded: 2018 • Age: 8 yrs
IoT device services are provided by Pelion worldwide.
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About Pelion

Pelion is a company based in Glasgow (United Kingdom) founded in 2018. It operates as a SaaS (Software-as-a-Service), Managed Services, and Subscription Services. Pelion offers products and services including Global IoT SIM, Consumer eSIM for IoT, IoT Security Solutions, and Pelion Portal.

  • Headquarter Glasgow, United Kingdom
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pelion, Inc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Pelion

Pelion offers a comprehensive portfolio of products and services, including Global IoT SIM, Consumer eSIM for IoT, IoT Security Solutions, and Pelion Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

IoT SIMs are provided for global multi-network connectivity.

eSIM solutions are offered for IoT-only device connectivity.

Security solutions are delivered for IoT device protection.

A portal is provided for managing IoT SIMs.

Funding Insights of Pelion

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Seed - Pelion Valuation Scottish Equity Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pelion

Pelion has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Scottish Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on tech companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pelion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pelion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pelion Comparisons

Employees
+
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Competitors of Pelion

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pelion

Frequently Asked Questions about Pelion

When was Pelion founded?

Pelion was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Pelion located?

Pelion is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

Who is the current CEO of Pelion?

Himagiri Mukkamala is the current CEO of Pelion.

What does Pelion do?

Pelion is engaged in delivering IoT connectivity solutions through global multi-network IoT SIMs and consumer eSIMs for IoT devices. Services are extended to various industries including transport, energy, utilities, healthcare, and smart cities. IoT security solutions are provided to secure device access with VPN and dual IPsec options. The Pelion Portal is offered as a centralized platform for SIM management, monitoring, and billing. Coverage spans over 600 networks across 150 countries, ensuring reliable connectivity for global IoT deployments. Expertise and support are emphasized with 247 assistance and pre-deployment testing for seamless integration.

What products or services does Pelion offer?

Pelion offers Global IoT SIM, Consumer eSIM for IoT, IoT Security Solutions, and Pelion Portal.

Who are Pelion's investors?

Pelion has 1 investor. Key investors include Scottish Equity Partners.

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