Profile
FirstMile Ventures is a venture capital firm based in Colorado Springs, Colorado, founded in 2010. The firm is led by a small team of three professionals who focus on early-stage investments. They are known for their commitment to investing early in a company's lifecycle and helping set the pace for future success. FirstMile Ventures differentiates itself by rejecting thematic investing and instead centers its thesis on strong founding teams with unique, compelling market visions.
The firm primarily invests in business-to-business software, infrastructure technology, and distributed ledger sectors within the United States. They typically make seed-stage investments with an average check size of $100K. FirstMile Ventures is actively seeking new investments and is a member of the Colorado Venture Capital Association and the National Venture Capital Association. Their current funds include PV Ventures and FirstMile Ventures Fund II, with the latter having an AUM of $21 million launched in 2021.
Notable investments by FirstMile Ventures include Retail Sight - other commercial products, Kestrel Labs - business/productivity software, Dream - business/productivity software, Farclip - business/productivity software, and OncoPatch - therapeutic devices.
Industry
FirstMile Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
PV Ventures
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
Marketing and Advertising
Media and Entertainment
SaaS
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$3 M
|
November 2011
|
|
FirstMile Ventures Fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
Marketing and Advertising
Media and Entertainment
SaaS
Security
Software
Travel
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$21 M
|
August 2021
|
Contacts
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