FirstMile Ventures

FirstMile Ventures is a venture capital firm established in 2010 and based in Colorado Springs, Colorado. The firm specializes in seed stage investments, focusing on technology companies primarily in the B2B software, infrastructure technology, and distributed ledger sectors. By investing early in a company's development, FirstMile Ventures aims to help these businesses establish a strong foundation for future growth and success. While the firm is headquartered in Colorado, it actively considers investment opportunities across the United States.

William Miller

Founder & Managing Partner

Aaron Stachel

Partner

Past deals in Colorado

Credo

Seed Round in 2022
Credo provides instant access to medical records for providers, payers and patients. Patients, providers, and medicine have all evolved over the years, yet somehow fax machines are still the primary method of transferring health records today. Credo is here to change that.

Nyla

Seed Round in 2021
Nyla is a no-code frontend platform that enables users to create, launch, and iterate landing pages quickly and efficiently. It features an intuitive content management system that allows for rapid design and publishing, facilitating the development of custom, branded experiences. Clients benefit from the platform's ability to streamline site optimization processes and integrate clean data with Google Analytics for effective marketing analysis. This focus on speed and versatility positions Nyla as a valuable tool for businesses looking to enhance their online presence.

Keys

Seed Round in 2021
Keys is a technology company focused on enhancing communication through innovative solutions. It utilizes artificial intelligence, specifically leveraging GPT-3, to facilitate anticipatory communication. By analyzing user intent, Keys provides suggestions that help individuals write more effectively, quickly, and accurately, addressing common challenges associated with texting, the most widely used communication channel. Founded in 2018 and based in Missoula, Montana, Keys aims to transform the way people communicate, making interactions smoother and more efficient.

Pomp

Seed Round in 2021
Pomp connects you with licensed estheticians virtually so you can shop personally recommended skincare. The company's estheticians recommend skincare via chat based on the consumer's skin type and concerns. It also provides personal service and curated skincare products, hand-selected by expert estheticians. Pomp Beauty was founded in 2019 and is based Denver, Colorado.

interviewIA

Seed Round in 2021
interviewIA is committed to systematically building an Inclusive Future of Work in a world where organizations can be objective and inclusive in hiring to create thriving, diverse, engaged cultures of high-performing employees. interviewIA is redefining the actual practice of interviewing by creating the first solution to bring human calibration, structure, and data-driven interview outcomes into one, fully integrated, easy-to-use cloud application. interviewIA uses deep learning Intelligence Amplification (IA) technology and human-centered design to redefine the method of interviewing.

Gondola

Seed Round in 2021
Demoflow Inc. designs and develops sales presentation and demo collaborative platform that helps to streamline preparation, presentation, follow-up, and documentation for sale teams. The platform provides services, such as live URL slides integration, asset management, automated follow-up, and presentation analytics. Demoflow Inc. serves leadership, sale engineers, and account executives. The company was founded in 2019 and is based in Denver, Colorado.

Giide

Seed Round in 2020
Giide is an audio authoring and publishing platform for businesses to create hyperlinked audio content. Our platform includes a mobile application, audio content authoring system and embeddable player for publishing Giides on web. We support creators and businesses with new tools and technologies for audio listening including audio plus an on-screen synchronous content feed. Giide provides detailed metrics to businesses that want to understand audio interaction beyond passive podcast listening and video consumption.

Gondola

Seed Round in 2020
Demoflow Inc. designs and develops sales presentation and demo collaborative platform that helps to streamline preparation, presentation, follow-up, and documentation for sale teams. The platform provides services, such as live URL slides integration, asset management, automated follow-up, and presentation analytics. Demoflow Inc. serves leadership, sale engineers, and account executives. The company was founded in 2019 and is based in Denver, Colorado.

Resurface Labs

Seed Round in 2020
Resurface Labs Inc. develops and offers a commercial database for logging real usage of online services and APIs. Its products provide flexible data pipelines for logging, searching, and analyzing API calls made by the customers of clients; and allow clients to capture and search user sessions, GraphQL payloads, JSON and HTML content, cookies, and other customer-specific details. The company was founded in 2019 and is based in Boulder, Colorado.

Halp

Seed Round in 2019
Halp is a company that specializes in integrating ticketing systems with Slack, catering specifically to modern IT teams. Founded in 2017 and headquartered in Boulder, Colorado, Halp offers a unique conversational platform tailored for internal ticketing processes. This innovative solution allows users to assign, prioritize, and respond to requests directly within Slack, streamlining communication and enhancing efficiency. By focusing on user experience, Halp aims to increase employee happiness and productivity, making it easier for teams to engage with coworkers and address customer support needs effectively.

Shotzr

Seed Round in 2019
Shotzr, Inc. is a Denver-based company founded in 2016 that operates a platform designed to deliver fresh, contextual photo feeds tailored for social media marketers. The platform provides access to recent and locally relevant images that align with brand identity, enhancing customer engagement across various marketing channels. By focusing on delivering the right imagery for specific marketing moments, Shotzr supports a range of applications including campaigns on Facebook and Instagram, social media marketing, and search engine marketing landing pages. The company aims to improve the customer experience by helping marketers connect with their target audience through compelling visual content.

Dapix

Seed Round in 2018
Dapix, Inc. is a company that specializes in developing decentralized blockchain technology and software, with a focus on inter-wallet operability. Founded in 2018 and based in Westminster, Colorado, Dapix aims to enhance the blockchain ecosystem through its innovative FIO Protocol. This protocol facilitates seamless cross-chain interactions by allowing users to utilize a single, memorable wallet name compatible with any wallet or exchange. The company is supported by a team of experienced technology professionals and has garnered backing from prominent venture capital firms and angel investors. Dapix's solutions are designed to improve user experience and accessibility within the blockchain space.

Left Hand Robotics

Seed Round in 2018
Left Hand Robotics has developed the first commercial-class, self-driving snow clearing robot capable of removing snow from sidewalks and walkways. The SnowBot Pro is controlled and monitored remotely from an online management dashboard and uses GPS to follow a pre-programmed path. Its rotating brush clears a sidewalk from edge-to-edge in a single pass to meet even the highest standards.

IronCore Labs

Seed Round in 2018
IronCore Labs, Inc. designs and develops encryption software. The software offers integration, control, privacy, and compliance. The company was incorporated in 2015 and is based in Boulder, Colorado.

Halp

Seed Round in 2018
Halp is a company that specializes in integrating ticketing systems with Slack, catering specifically to modern IT teams. Founded in 2017 and headquartered in Boulder, Colorado, Halp offers a unique conversational platform tailored for internal ticketing processes. This innovative solution allows users to assign, prioritize, and respond to requests directly within Slack, streamlining communication and enhancing efficiency. By focusing on user experience, Halp aims to increase employee happiness and productivity, making it easier for teams to engage with coworkers and address customer support needs effectively.

Teltoo

Seed Round in 2017
Teltoo uses P2P technologies to improve online video delivery. Teltoo works alongside its clients preferred CDN, turning video distribution into a reliable experience. It integrates into broadcasters' workflow and works on the browser's background without expecting its clients to install any plug-ins. Teltoo also offers an analytics dashboard that shows bandwidth savings and activity and is compatible with most video players. The company was founded in 2014 and is headquartered in Louisville, Colorado.

Stateless

Seed Round in 2017
Stateless, Inc. specializes in network architecture for organizations utilizing private or hybrid cloud infrastructures. Founded in 2016 and headquartered in Boulder, Colorado, the company offers virtualized network functions along with its software-defined interconnect platform, Luxon. This platform enables colocation providers to deliver routing, security, and automation services dynamically at network interconnection points through software solutions. By facilitating control and connectivity across various endpoints, including data centers, tenant locations, and hyperscale clouds, Stateless aims to enhance network efficiency and flexibility. The company emerged as a spinoff from research by co-founders Murad Kablan and Eric Keller.

Section

Seed Round in 2017
Section is a technology company that provides an advanced content delivery platform, enabling engineers to efficiently manage and deliver workloads from any location. Founded in 2012 and headquartered in Boulder, Colorado, with additional offices in Sydney, Australia, Section specializes in edge computing solutions underpinned by modern DevOps principles. Its platform supports a variety of functionalities, including a web application firewall for security, an HTTP accelerator to enhance performance, and a flexible ecommerce solution. Section's architecture is container-based, utilizing Docker and Kubernetes, allowing for extensive customization and deployment of edge compute modules. The company operates independently of hosting providers, catering to diverse deployment environments, including cloud and on-premise solutions. Section has garnered backing from notable venture capital firms and employs a diverse team skilled in engineering, marketing, and product development.

SlamData

Series A in 2017
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

IronCore Labs

Seed Round in 2017
IronCore Labs, Inc. designs and develops encryption software. The software offers integration, control, privacy, and compliance. The company was incorporated in 2015 and is based in Boulder, Colorado.

CaliberMind

Seed Round in 2016
CaliberMind is a B2B Customer Data Platform that powers Revenue Marketers at mParticle, Fidelis Cybersecurity, Datavail and other mid-market enterprises, with the data, business intelligence, and automation they need to grow revenue faster, together with sales. The platform lets marketing and ops teams answer simple business questions and automate manual workflows with 1-click: Which marketing programs generate the most revenue? How is my marketing campaign performing? How fast are we driving revenue through the pipeline? How's our close rate trending over time? Unlike CRM reporting and expensive, general BI tools that take months to implement, run on bad/ partial data and require data analytics skills, CaliberMind can be implemented in one hour by marketing and ops managers. The platform has 10x faster time-to-insights at 10% of the cost of traditional IT/ BI solutions.

X-IO

Venture Round in 2016
X-IO is a storage industry related company delivering unmatched price or performance, reliability, and scale for enterprise, cloud applications, and infrastructure. Its “Intelligent Storage Element” systems are based on two decades of invention and investment by veteran storage industry experts. The features of X-IO’s plug-and-perform “Intelligent Storage Element” storage arrays are accelerate transactional, reporting and business intelligence applications by a factor of 3x or more; drives extreme performance and scale for virtual desktop and virtualized server infrastructures; and with five- to seven-year duty cycles, a super-efficient energy and space profile. X-IO solutions have been recognized as SQL Server Magazine and Windows IT Pro’s 2011 Editors’ Best Gold Medal winners, the 2012 Best of TechEd “Hardware and Storage Product” and “Attendees’ Pick” Awards, and inclusion in CRN’s 2012 Data Center 100 List.

Revaluate

Seed Round in 2016
Revaluate Inc. is a technology company based in Boulder, Colorado, focused on real estate analytics. Founded in 2014, it operates an online platform that provides comprehensive ratings and reviews for residential properties, including homes, condos, and apartments. The platform enables users to uncover hidden issues associated with properties, such as safety violations and litigation records, particularly in urban areas like Manhattan and San Francisco. Additionally, Revaluate utilizes advanced artificial intelligence to identify potential real estate and mortgage leads by analyzing life event triggers that indicate a likelihood of moving. This capability allows clients to enhance their marketing strategies, better target prospective movers, and improve return on investment from previously stagnant leads. Revaluate has received recognition for its innovative approach, being acknowledged as a top AI software and an Inman Innovator Award Finalist.

Cloud Elements

Venture Round in 2015
Cloud Elements is a developer of an API integration platform used to integrate and manage digital products and applications. It features end-to-end functions such as data transformations, API provisioning, usage monitoring, events, and notifications for tracking and troubleshooting that enables developers to integrate multiple apps into different CRM and marketing automation platforms in an easy manner. Cloud Elements was founded in 2012 and is headquartered in Denver, Colorado.

Kindara

Seed Round in 2015
Kindara, Inc. is a company that specializes in developing a fertility awareness application compatible with iPhone and Android devices. Its primary product, Kindara Fertility Trackr, assists women in achieving pregnancy, avoiding pregnancy naturally, and understanding their menstrual cycles. Additionally, Kindara offers Wink, an oral fertility thermometer that records basal body temperature and automatically syncs with the Kindara application. The company distributes its products through various channels and is committed to empowering women by providing them with tools and knowledge to take control of their reproductive health. Founded in 2012 and based in Boulder, Colorado, Kindara operates as a subsidiary of Prima-Temp, Inc. since a transaction in October 2018.

SlamData

Seed Round in 2015
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

burstIQ

Seed Round in 2015
BurstIQ, LLC is a healthcare blockchain data company based in Denver, Colorado, that specializes in enabling blockchain-based health applications and services through a person-centric data exchange. The company offers a HIPAA- and GDPR-compliant platform that integrates blockchain technology, big data, and machine intelligence to facilitate a health data network. This network empowers individuals and healthcare organizations to access, control, monetize, and derive insights from health data. Key services include HealthWallet, which supports partnerships and collaborations; LifeGraph, which consolidates personal health data; and BurstChain, a blockchain platform for managing health data sets. BurstIQ's solutions cater to a diverse clientele, including health systems, insurers, biotechnology firms, and government sectors, fostering secure data sharing and collaboration across the healthcare landscape. Established in 2014, BurstIQ aims to revolutionize the way health data is managed and utilized.

Concealfab

Venture Round in 2014
ConcealFab Corporation, founded in 2007 and based in Colorado Springs, Colorado, specializes in designing, engineering, and manufacturing radio frequency transparent shelters and enclosures. The company provides innovative concealment solutions for both federal contractors and commercial wireless carriers, enabling them to protect sensitive communication equipment from public detection. ConcealFab's patented RF-transparent technology utilizes proprietary thermoplastic and advanced composite materials, allowing for various architectural designs that effectively blend into urban and suburban environments. The company has developed a range of products, including rooftop screenwalls, quick-deploy maintenance shelters, and small cell wireless solutions, which are adaptable for fiber infrastructure projects and can integrate with diverse antenna and radio configurations. By offering both commercial-off-the-shelf and custom solutions, ConcealFab aims to meet specific site requirements while ensuring lower costs and reduced production lead times compared to traditional RF enclosure options.

SlamData

Convertible Note in 2014
SlamData software is a solution for data integration and preparation of any data stored in S3, Azure, and Google. It gives more analytics-ready, regardless of complexity. SlamData has connectors to MongoDB, MarkLogic, Couchbase, and Hadoop and employs the industry's first “in-database” analytics solution to keep data processing and analytics close to the data. It was founded in 2014 and is headquartered in Boulder, Colorado.

innate.ly

Seed Round in 2014
Innate.ly, operating under New Planet Technologies, Inc., specializes in animal health management software. The company provides a range of services including remote health diagnostics, disease surveillance, and electronic documentation for health certifications, alongside tools for managing veterinary client relationships. Key products include SmartICVI, an electronic certificate of veterinary inspection service, and RX Express, which facilitates the prescription processes for veterinary feed directives. Innate.ly has established strategic partnerships with notable organizations such as Merck Animal Health and various veterinary diagnostic laboratories, enhancing its service offerings. Founded in 2007 and based in Colorado Springs, Colorado, the company focuses on leveraging technology to streamline and improve animal health management practices.

FuseSport

Seed Round in 2014
FuseSport, Inc. specializes in cloud-based software solutions tailored for sports events and federations. Founded in 2012 and headquartered in Colorado Springs, Colorado, the company provides a suite of online tools designed to assist organizations in managing large-scale sporting events. Its offerings encompass various aspects of sports event management, including registration, accreditation, marketing, accounts, competition management, and results publishing. By delivering integrated solutions, FuseSport aims to streamline the planning and execution of sports events, enhancing the overall experience for organizers and participants alike.

Pax8

Venture Round in 2014
Pax8, Inc. is a value-added distributor focused on providing unified cloud services to a network of channel partners and their customers. The company offers solutions in areas such as security, data management, collaboration, and hosted communications. Its primary platform, the Pax8 Command Console, streamlines the management of cloud services by integrating quoting, ordering, provisioning, support, and billing processes. By partnering with various vendors, Pax8 enables its partners to enhance their cloud practices and drive client growth through effective customer acquisition programs and marketing support. Incorporated in 2011 and based in Greenwood Village, Colorado, Pax8 operates as a subsidiary of Arrow Electronics, Inc. The company maintains strategic partnerships with other organizations to further enhance its service offerings.

Open Road Snacks

Seed Round in 2013
Open Road Snacks, Inc. is a producer and distributor of gourmet popcorn snacks based in Centennial, Colorado. Founded in 1985, the company offers a variety of gluten-free snacks, including flavored popcorn, Poplets®, and Diego’s Chips™, which are available through travel and convenience stores, snack retailers, natural food grocers, supermarkets, and online platforms across the United States. Open Road Snacks emphasizes high-quality, naturally delicious products while also prioritizing environmental sustainability by utilizing 100% wind-powered energy in its production and shipping products in locally made, recycled cardboard. The company, formerly known as Rocky Mountain Popcorn Company until its name change in 2013, is committed to supporting charitable causes that promote healthy lifestyles and environmental stewardship.

Wanamaker

Seed Round in 2012
Wanamaker Corporation, based in Colorado Springs, Colorado, specializes in an event management application tailored for junior golf tournaments. Founded in 2012, the company has developed a mobile scoring system that integrates live leaderboards, enabling families and friends to track scores in real time during events. The application allows users to create, manage, and promote various golf outings while facilitating the organization of rosters, volunteers, sponsors, teams, and pairings. Additionally, users can customize events with branding from charities or fundraising organizations and monetize the experience by offering live leaderboard sponsorships. Wanamaker's platform is designed to enhance the management of golf tournaments for clubs, corporations, leagues, and charities, leveraging the growing popularity of smartphone technology to streamline event scheduling and results reporting.

Altia

Seed Round in 2011
Altia, Inc. specializes in user interface design software and services specifically tailored for embedded systems. Founded in 1991 and based in Colorado Springs, the company offers a suite of tools that facilitate the creation, simulation, and implementation of graphical user interfaces. Key products include Altia Design, which allows designers to create models and integrate graphics, and DeepScreen, a code generator that converts these models into deployable code. Additional offerings like PhotoProto and FlowProto assist in transforming artistic graphics into interactive prototypes. Altia also provides engineering services for human-machine interface (HMI) development and project support. Its solutions are utilized across various industries, including automotive, medical, and consumer electronics, helping companies enhance productivity and deliver high-quality user interfaces more efficiently.

Schultz's Gourmet

Seed Round in 2010
Their 30 year old family recipes were first introduced to the public during cookouts for the football and wrestling teams at the local high school in Monument, CO. It was during these cookouts that they realized how popular their sauces were and how much everyone loved them. After participating in these cookouts for 9 years, the decision was made to hang up the apron and put the tongs down, but that decision wouldn’t last for long.
Headquartered in Colorado Springs, Colorado, Grant Dental Technology Corporation designs, develops, and produces the Proximerge dental implant and associated surgical and restorative instruments. GDTC is commited to innovative, quality products and superior customer service to surgeons, general dentists, hygienists, and laboratories. GDTC also enjoys close collaborations with world renowned dental schools and is closely aligned with top clinicians, scientists, engineers, and industry leaders. It is their intent to become the implant company of choice for dental professionals everywhere.