Pelion - About the company
Pelion is a seed company based in Glasgow (United Kingdom), founded in 2018. It operates as a Provider of managed connectivity services for internet of things devices. Pelion has raised an undisclosed amount in funding from Scottish Equity Partners. The company has 226 active competitors, including 29 funded and 38 that have exited. Its top competitors include companies like Altair, Soracom and Sierra Wireless.
Company Details
Provider of managed connectivity services for internet of things devices. Services include multi-network eSIM technology, secure data management, and centralized portal access for device monitoring. Connectivity solutions support cellular standards including cellular standards for global network roaming and device deployments. Infrastructure facilitates remote SIM updates, granular cost control, and security features such as private network access. Organizations utilize these services to manage connected hardware across diverse operational requirements.
- Website
- pelion.com
- Social
Key Metrics
Founded Year
2018
Location
Glasgow, United Kingdom
Stage
Seed
Latest Funding Round
Investors
Ranked
21st among 226 active competitors
Employee Count
133 as on Aug 31, 2026
Legal entities associated with Pelion
Pelion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PELION IOT LIMITED CIN: SC211701 , United Kingdom, Active | Oct 04, 2000 | - | 65 (As on Mar 31, 2023) |
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Pelion's funding and investors
Pelion has raised funding over 1 round. Its latest funding round was a Seed round on Oct 19, 2022 for $*****. 1 investor participated in its latest round. Pelion has 2 institutional investors.
Here is the list of recent funding rounds of Pelion:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2022 | 5828769 | Seed | 7231846 | 6962419 | 1359975 | 7246910 |
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Pelion's founders and board of directors
Founder? Claim ProfileHere are the details of Pelion's key team members:
- Himagiri Mukkamala: CEO of Pelion.
Pelion's Board of Directors
Pelion's board has 5 active members. Alan Tait is part of team and Andrew Taylor, Andrew Peter Davison, Niall Graham Strachan and David Andrew Weidner are independent board members.Here is the list of Pelion's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
fpsjkre | Team | - | Current | 4y 5m |
Independent board member | - | Current | 3y 10m | |
wnnlsoi | Independent board member | - | Current | 2y 6m |
tvigrzo | Independent board member | - | Current | 8y 2m |
gxzu{ud | Independent board member | - | Current | 3y 2m |
kcfhjff | Independent board member | - | Past | 6y 3m |
vucomhj | Independent board member | - | Past | 9y 5m |
vywh{nl | Independent board member | - | Past | 6y 3m |
View details of Pelion's Founder profiles and Board Members
Pelion's employee count trend
Pelion has 133 employees as of Aug 26. Here is Pelion's employee count trend over the years:
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Pelion's Competitors and alternates
Top competitors of Pelion include Altair, Soracom and Sierra Wireless. Here is the list of Top 10 competitors of Pelion, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of LTE chipsets | $124M | 70/100 | ||
2nd | Provider of IoT connectivity solutions and platform services for device management | $11.4M | 69/100 | ||
3rd |  Sierra Wireless 1993, Richmond (Canada), Acquired | Provider of communication modules for IoT applications | - | 67/100 | |
4th | Eseye 2007, Guildford (United Kingdom), Series C | IoT connectivity solutions for businesses | $81.8M | 67/100 | |
5th | Syniverse 1987, Tampa (United States), Acquired | Provider of connectivity, mobility, and messaging solutions for various industries | - | 66/100 | |
6th | Provider of managed connectivity services for low bandwidth hardware devices | $160M | 63/100 | ||
7th | GCT Semiconductor 1998, San Jose (United States), Public | Developer of chips and modules for 4G LTE and 5G | $351M | 62/100 | |
8th | Teal Communications 2018, Bellevue (United States), Series A | Provider of network orchestration service and eSIM for IoT connectivity | $27.1M | 60/100 | |
9th | CSL 1996, Nottingham (United Kingdom), Acquired | Provider of IoT connectivity solutions for critical infrastructure and operations | - | 58/100 | |
10th | Provider of network evolution, cyber security, and digital communication solutions | - | 58/100 | ||
21st |  Pelion 2018, Glasgow (United Kingdom), Seed | Provider of managed connectivity services for internet of things devices | - | 49/100 |
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Pelion's Investments and acquisitions
Pelion has made 2 investments in Torus and Divvy. Pelion has not made any acquisitions as of now.Reports related to Pelion
Here is the latest report on Pelion's sector:
News related to Pelion
Filter this list•
Pelion Unveils Consumer eSIM for IoT, Redefining Device Connectivity for BusinessesIoT Business News•Sep 22, 2025•Pelion
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Pelion revitalises IoT proposition with “Pelion Plans” as it targets global growthIoT Business News•Apr 03, 2025•Pelion
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Jump Closes $20 Million Series A Funding Round, Led By Battery Ventures, To Transform Financial Advisors’ Workflows Using Aiintelligence360•Feb 25, 2025•JumpCloud, Battery Ventures, Citi, Sorenson Capital and 1 other
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Music AI raises $40m in Series A round, as its Moises platform hits 50m usersMBW•Jan 22, 2025•Music.AI, Connect Ventures, Monashees, Kickstart Fund and 4 others
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Music AI Raises $40M in Series A FundingFinSMEs•Jan 22, 2025•Music.AI, Toba Capital, Samsung NEXT, Valutia and 4 others
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Mutares has signed an agreement to acquire Natura sp. z o.o. from Pelion S.AWebDisclosure•Nov 07, 2024•Mutares, Drogerienatura, Pelion, Natura and 2 others
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Sopht raises €3.3M for energy reduction SaaSTech.eu•Jun 04, 2024•Climate Club, Sopht, Ring Capital, Axeleo Capital and 5 others
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Torus Closes $67 Million to Advance Energy StorageMercom Capital•Apr 05, 2024•Torus, Origin Ventures, EPIC Ventures, Cummings Capital Management and 6 others
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Dentons advises the European Bank for Reconstruction and Development on its investment in Pelion SALegal Desire•Jan 12, 2024•Pelion, EBRD, Pelion
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