FirstMile Ventures
Venture capitalDenver · Pre-Seed–Seed · 3 people tracked
Also known as FirstMile Ventures 2020 · FirstMile Ventures 2024 · FIRSTMILE VENTURES, LLC
Investment thesis
FirstMile Ventures aims to be the first partner to founders building generational companies in tech hubs outside the coasts, namely Colorado and Texas. Run by a team of founders, operators, and investors, the firm emphasizes a direct partner-founder relationship as the best approach to navigating the earliest, toughest stage of a startup's journey. Rather than applying a fixed formula, the firm works with founders to craft company-building strategies tailored to their specific situation, positioning itself as an active, supportive early-stage investor.
Source: firm website, verified Aug 7, 2026.
Team · 3 people
from the firm's website
What they invest in
from 50 of 74 portfolio companiesAI & Machine Learning ×19SaaS ×18Enterprise Software ×16Data & Infrastructure ×8Developer Tools ×6Healthtech ×6B2B Marketplaces ×5Fintech ×5
HQs:United States×37Spain×1New Zealand×1
Investments · 74 tracked
founders shown can be your intro pathDataModal is a Business Context Execution Engine that delivers governed business context to AI and agents bidirectionally in real time without moving data.
AI & Machine LearningData & InfrastructureEnterprise Software
Jojy MathewThomas MazzaferroKirstan VandersluisRanga Maramraju(Founder & CTO)
Colorado Springs, US
Aaron Stachel(Director)Eric Moraczewski(Executive Officer, Director)William D. Miller(Director)
Board seatWilliam D. Miller· per SEC Form D · $200K raise · filed Feb 2015
Apaly operates an online platform that connects employers and their employees with advanced primary care providers, offering integrated healthcare services designed to reduce costs and improve quality and patient experience.
Enterprise SoftwareHealthtechDade City, US
Jerry Beinhauer(Founder & CEO)Paloma Wiethorn Kochan(COO & SVP Product)Lindsay Beinhauer(SVP Provider Sales)Kallan Hinkle(SVP Marketing)Elton Ngjela(SVP Engineering & Security)
Barn Owl manufactures solar-powered cellular cameras for off-grid property surveillance.
AgTechHardwareIoT
Hannah Parsons(Executive Officer, Director)William D. Miller(Director)Josh Phifer(Executive Officer, Director)
Barnowl AG builds robotic systems and automation infrastructure for agriculture.
AgTechAI & Machine LearningHardwareRoboticsBarnowlag, US
Sarah Hinkley(CEO / Co-Founder)inJaron Hinkley(Co-Founder)Bryan Stafford(Co-Founder)James Chivers(CTO)in
TradeBuddy is a technology platform for the scrap metal trading and recycling industry, serving metal processors, traders, and exporters.
B2B MarketplacesCircular EconomyLogistics & Supply ChainNew Zealand, NZ
BurstIQ builds LifeGraph, a privacy-first, blockchain-enabled data management platform that connects fragmented data into AI-ready intelligence while maintaining HIPAA, GDPR, and FERPA compliance for regulated industries.
AI & Machine LearningData & InfrastructureEnterprise SoftwareHealthtechColorado, US
Frank J. Ricotta(Executive Officer, Director)Brian Jackson(Executive Officer, Director)Aaron Stachel(Executive Officer, Director)
CaliberMind is a marketing measurement and revenue analytics platform that unifies multi-touch attribution, buyer journey intelligence, marketing mix modeling, and agentic analytics for enterprise B2B go-to-market teams.
AI & Machine LearningEnterprise SoftwareMarketing Tech
UiPath provides enterprise automation software that uses AI agents and robots to automate business processes across departments like procurement, finance, and ERP systems.
AI & Machine LearningEnterprise SoftwareRoboticsSaaSDenver, US
Mark Geene(Founder & CEO)Jim Franklin(Director)Joseph R. Zell(Director)Jeffrey Hinck(Director)
CloudCapsule provides security solutions for managed service providers (MSPs).
CybersecurityEnterprise SoftwareSaaS<UNKNOWN>, US
Michael Dehmlow(Executive Officer, Director)inNick Ross(CEO)in
Cloverleaf AI provides a B2G sales intelligence platform that monitors government agencies and surfaces insights from public meetings to help sales teams identify deal opportunities before RFPs are issued.
Enterprise SoftwareGovTechSales TechDenver, US
Denver, US
Frank Medicino(Director)Joseph R. Zell(Director)John Steward(Director)Kyle Lefkoff(Director)Paul J. Ironside(Executive Officer, Director)Nathan Smalley(Executive Officer, Director)
ConcealFab manufactures thermally engineered small cell poles and concealment hardware for 5G infrastructure deployment.
Hardware
Credo Health is an AI-powered SaaS platform that helps physicians, medical service organizations, accountable care organizations, and health plans with patient diagnosis and treatment.
AI & Machine LearningDigital HealthSaaS
DepoDirect is a remote deposition platform that enables legal teams to schedule, conduct, and manage depositions with AI-powered summaries, flat-rate pricing, and instant transcripts.
LegalTech
Farclip is an AI-powered editor tool for game developers that analyzes spatial flow, visibility, movement paths, and pacing directly within Unity, Unreal, and Godot scenes during production.
AI & Machine LearningDeveloper ToolsGaming
Atlassian offers Teamwork Collection, a suite of connected cloud-based collaboration tools including Jira, Confluence, Loom, and AI agents that help organizations align work to goals, manage projects, and share knowledge across teams.
Developer ToolsEnterprise SoftwareFuture of WorkSaaS<UNKNOWN>
Distributed ledger technology company
Hedera is a permissioned distributed ledger platform designed for enterprise applications, offering fast transaction finality, regulatory compliance, and institutional governance.
Crypto & Web3Enterprise SoftwareFintechRichardson, US
Mance Harmon(Chief Executive Officer, Manager)Leemon Baird(Manager)
Hero is a direct-to-consumer brand that produces and sells low-carb and nutritionally-optimized pasta, bread, bagels, and other baked goods.
Direct to ConsumerFoodTech
Human-machine interface tools for designers to get amazing GUIs on any hardware.
IronCore Labs provides application-layer encryption tools for engineering teams building AI applications and multi-tenant SaaS on sensitive data.
AI & Machine LearningCybersecurityDeveloper ToolsBoulder, US
Judson Valeski(Director)Patrick Walsh(Executive Officer, Director, Promoter)Robert Hall(Executive Officer, Promoter)
BoardRichard Harjes(Director)
Kamiwaza is a secure AI orchestration platform that enables AI operations across distributed environments in regulated industries and government without moving data or weakening security controls.
AI & Machine LearningEnterprise SoftwareGovTechSilverthorne, US
Matthew Wallace(Executive Officer, Director)Luke Matthew Norris(Executive Officer, Director)
Karoo provides value-based care solutions for cardiology networks, health systems, and health plans, combining on-site and virtual care teams with proprietary technology to improve patient outcomes and reduce costs.
HealthtechSaaS
Kestrel Labs develops software that translates building code into machine-executable logic and runs compliance checks directly within BIM models, integrated into tools like Autodesk Revit.
AI & Machine LearningConstruction TechDeveloper ToolsPropTechSaaSDenver, US
Kindara provides a digital fertility charting app and community that helps users track their fertility, understand their body, or use fertility awareness-based contraception methods.
FemTechHealthtechWellness & FitnessBoulder, US
DAVE BALTER(Director)WILLIAM SACKS(Founder)SUE HEILBRONNER(Director)SALLY HATCHER(Executive Officer)
OncoPatch develops a non-invasive medical patch that delivers low-energy beta therapy to treat non-melanoma skin cancers, including basal and squamous cell carcinomas.
BiotechMedical DevicesBoulder, US
David Westerly(Co-founder & CEO)Quentin Diot(Co-founder)Frederic Sarazin(Co-founder)Jeramy Zimmerman(Co-founder)Bill Miller(Director)
Pax8 is a cloud software marketplace that connects small business partners with technology solutions and enables them to scale their operations.
AI & Machine LearningB2B MarketplacesCloud ComputingSaaSBoulder, US
John W. Street(Director)Scott Chasin(Executive Officer, Director)Craig Foster(Executive Officer)Edwin L. Harper(Director)Bruns H. Grayson(Director)Bruce Dines(Director)
Pomp provides a platform for estheticians, med spas, and aesthetic professionals to sell professional skincare products through branded storefronts without inventory or overhead.
B2B MarketplacesSaaSWellness & FitnessDenver, US
Shannon Erley(Executive Officer, Director, Promoter)Gabriella Cambanis(Director)Nicole Cox(Founder)
BoardPatrick Gill(Director)
Precog provides automated data integration (ELT) using multi-dimensional algebra and AI-powered schema detection to transform complex object data from APIs, SaaS applications, and IoT platforms into business-ready data.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechBoulder, US
HealthtechColorado Springs, US
Ric Denton(Executive Officer, Director)James C. Grant(Director)
RetailAware provides sensor-based analytics and insights for retail brands to measure in-store product display performance, including foot traffic, dwell time, and stock levels.
Data & InfrastructureRetail TechOmaha, US
Keith Fix(Executive Officer, Director)MICHAEL GILKES(Director)Michael Andrew Dierks(Director)
Revaluate identifies potential home sellers in real estate agents' customer databases using predictive data to uncover missed listing opportunities and sales leads.
Data & InfrastructurePropTechSaaSShawnee, US
Christopher Drayer(Executive Officer, Director, Promoter)Timothy Segraves(Executive Officer, Director, Promoter)
Webscale provides cloud hosting, application delivery, and AI-powered commerce solutions for ecommerce brands using Adobe Commerce, Magento, and Shopware.
AI & Machine LearningCloud ComputingDeveloper ToolsE-commerceBoulder, US
Ryan McIntyre(Director)Daniel Bartholomew(Director)Paul Savill(Director)Stewart McGrath(Executive Officer, Director, Promoter)
ShowLabs is a content production studio that uses robotic camera systems, automation software, and proprietary workflows to create high-volume digital assets including photography, video, and 3D content for B2B and ecommerce brands.
E-commerceMarketing TechSaaSDenver, US
Daniel Effron(Founder)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does FirstMile Ventures invest at?
- FirstMile Ventures invests at the Pre-Seed, Seed stages.
- What is FirstMile Ventures's typical check size?
- FirstMile Ventures typically writes checks of $300K – $800K.
- What sectors does FirstMile Ventures focus on?
- FirstMile Ventures focuses on E-commerce, Fintech, Healthtech, Logistics & Supply Chain, Robotics, Sector Agnostic.
- Where is FirstMile Ventures located?
- FirstMile Ventures is headquartered in Denver, US.
- Does FirstMile Ventures lead rounds?
- Yes, FirstMile Ventures leads investment rounds.
Media · Podcasts & interviews
featuring the teamImportance Of The Surrounding Team - Aaron Stachel; Partner at FirstMile Ventures | Riderflex
Riderflex · Aaron Stachel
Images
Co-investors · 9
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Hustle Fund is an early-stage venture capital firm that invests quickly in startups, offering capital along with educational programs and mentorship. It also runs an angel investing community that lets members invest alongside the fund.
Polychain is a crypto-focused investment firm that builds and actively manages portfolios of blockchain-based digital assets on behalf of its investors.
Chicago Ventures is an early-stage venture capital firm that partners with founders in industries it views as overlooked, writing high-conviction checks and taking board seats.
LiveOak Venture Partners is an Austin-based venture capital firm that backs early-stage technology companies, working closely with founders across sectors such as fintech, security, real estate technology, healthcare, and enterprise software.
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Firms observed investing alongside FirstMile Ventures, from public investor directories. Shared companies are the overlap with FirstMile Ventures's recorded portfolio.
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