FirstMile Ventures

Summary

In 2010 was created FirstMile Ventures, which is appeared as VC. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Colorado Springs.

The current fund was established by Bill Miller. We also calculated 2 valuable employees in our database.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Blockchain, Food and Beverage. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the various public portfolio startups of the fund, we may underline Hedera Hashgraph, Halp, Shotzr

The fund is constantly included in 2-6 deals per year. The top activity for fund was in 2017. Despite it in 2019 the fund had an activity. The top amount of exits for fund were in 2018. Deals in the range of 1 - 5 millions dollars are the general things for fund. Considering the real fund results, this VC is 7 percentage points more often commits exit comparing to other organizations. This FirstMile Ventures works on 18 percentage points less the average amount of lead investments comparing to the other organizations.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the FirstMile Ventures, startups are often financed by Techstars, Right Side Capital Management, Access Venture Partners. The meaningful sponsors for the fund in investment in the same round are Access Venture Partners, Tahoma Ventures, Service Provider Capital. In the next rounds fund is usually obtained by Access Venture Partners, SOSV, NEXT Frontier Capital.