Firstmile Ventures, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- Website
- http://www.firstmilevc.com
- HQ
- CO
Firstmile Ventures is an early-stage investor that often acts as a company's first institutional investor, typically ahead of Series A. It focuses on founders in Colorado and Texas and aims to be the first partner to founders building large companies in tech hubs outside the coasts. The team includes Bill Miller, Founder and Managing Partner; Aaron Stachel, Partner; and Zaz Floreani, Venture Partner.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals | Seed |
| Sectors | Enterprise SaaS, Marketplaces, Healthtech | Not enough dated deals | Data analytics, Cybersecurity, Hardware, Enterprise SaaS |
| Regions | CO, TX | Not enough dated deals | CO, TX |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2010 | 2 | Foodtech, Healthtech |
| 2011 | 1 | Manufacturing, Robotics |
| 2012 | 1 | Consumer |
| 2013 | 1 | Foodtech, Manufacturing |
| 2014 | 6 | Data analytics, Ecommerce, Enterprise SaaS |
| 2015 | 6 | Data analytics, Cybersecurity, Hardware |
| 2016 | 3 | Data analytics, AI applications, Construction and proptech |
| 2017 | 8 | Cybersecurity, Data analytics, Enterprise SaaS |
| 2018 | 6 | Crypto and Web3, Cybersecurity, Hardware |
| 2019 | 2 | HR and future of work, Media |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 2 | 0 | 0 | 0 |
| 2011 | 0 | 1 | 0 | 0 | 0 |
| 2012 | 0 | 1 | 0 | 0 | 0 |
| 2013 | 0 | 1 | 0 | 0 | 0 |
| 2014 | 0 | 3 | 0 | 0 | 0 |
| 2015 | 0 | 4 | 0 | 0 | 0 |
| 2016 | 0 | 2 | 0 | 0 | 0 |
| 2017 | 0 | 6 | 1 | 0 | 0 |
| 2018 | 0 | 4 | 0 | 1 | 0 |
| 2019 | 0 | 2 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| FirstMile Ventures 2024, LP | approx. 2024 | Not reported | Open, writing first checks |
| FirstMile Ventures 2020, L.P. | 2020 | $5.85M to $20M (Form D) | Follow-ons only |
03 · People across funds
- Aaron Stachel, Managing Director of the General Partner of the Issuer
FirstMile Ventures 2020, L.P. (Named on Form D)
- William Miller, Managing Director of the General Partner of the Issuer
FirstMile Ventures 2020, L.P. (Named on Form D)
- Bill Miller, Founder / Managing Partner
- Zaz Floreani, Venture Partner
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- http://www.firstmilevc.com
- https://5akscbubvfj.typeform.com/to/MajCuTjF
- https://www.firstmilevc.com/team.html
- https://www.firstmilevc.com/approach.html
- https://www.firstmilevc.com/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 25, 2026