Firstmile Ventures, LLC

Institutional venture firmSEC venture capital fund adviser· Colorado Springs, Coloradofirstmilevc.com

Institutional venture firm, based in Colorado Springs, Colorado, reporting $54.7M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$54.7M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
6
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (58)Team (6)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional team members, 15 additional co-investors and affiliates, 58 additional investments, funds and LPs, 3 events, 2 verified contacts (2 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people
  • Aaron Christopher Stachel
    Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Bill Miller
    Founder / Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • William Dale Miller
    Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet

Relationship network

87 connected entities4 observed rounds

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Firstmile Ventures, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Firstmile Ventures, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

58 companies on record, 0 new in 12 months
Investments on record
58 companies, 4 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Altiaportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Anuviportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Apaly Health, Inc.portfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
59 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
seed, series a, early
Geography
colorado, global, texas
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (3)
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 0

Team

6 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Aaron Christopher Stachel · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Bill Miller · Founder / Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • William Dale Miller · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
6 current, 0 departed
Contacts
2 firm phone

2 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

6 vehicles, 0 LPs disclosed
Funds and vehicles
6 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Firstmile Ventures 2024, LPFund2024 name yearEarly deployment$14.3M
Mar 10, 2026
44unknownunknown
Firstmile Vca 2024, LPFund2024 name yearEarly deployment$11.3M
Mar 10, 2026
1unknownunknown
Firstmile Ventures 2020, L.P.Fund2020 name yearMature$14.0M
Mar 10, 2026
20$5.8M
of $20.0M
Jul 23, 2020
Limited partners
0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

18 co-investors · on 1 other DFX graph
Co-investors
18 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Firstmile Ventures, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

8 dated events, 64 observations from 3 sources
Timeline
8 dated events
  1. seen on or beforeSep 23, 2026
    Firstmile Ventures, LLC: MICRO_VC -> INSTITUTIONAL_VC (venture manager, reported GAV $55M across 6 vehicles)
    Classification changedClassificationInferenceno URL
  2. Mar 10, 2026
    Firstmile Vca 2024, LP first reported on Form ADV by Firstmile Ventures, LLC (Venture Capital Fund), GAV $11,250,000
    Fund first reported on Form ADVFundsInferenceFirstmile Vca 2024, LPForm ADV
  3. Mar 10, 2026
    Firstmile Ventures 2024, LP first reported on Form ADV by Firstmile Ventures, LLC (Venture Capital Fund), GAV $14,300,000
    Fund first reported on Form ADVFundsInferenceFirstmile Ventures 2024, LPForm ADV
  4. Jun 1, 2023
    Alexandra Marguerite Floreani joined Schedule A of Firstmile Ventures, LLC as Managing Director
    Person joinedPeopleFactAlexandra Marguerite FloreaniForm ADV
  5. Apr 1, 2022
    Firstmile Vca 2020, LP first reported on Form ADV by Firstmile Ventures, LLC (Venture Capital Fund), GAV $9,000,000
    Fund first reported on Form ADVFundsFactFirstmile Vca 2020, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 10, 2026 · 5 private fundsShow

Website description: The first mile of your startup journey can be the toughest. Pick the right partner to help you get there.

Headquarters
Colorado Springs, COadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
firstmilevc.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 10, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$54.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $55M across 6 vehicles
  2. Sep 15, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $29.2M across 4 vehicles
  3. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $20.1M across 3 vehicles
Evidence
64 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 10, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 10, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserJan 18, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 10, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 10, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJan 18, 2024FactForm ADV
First Form ADV filing2021-07-09Mar 10, 2026FactForm ADV
First Form ADV filing2021-07-09Jan 18, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-10Mar 10, 2026FactForm ADV
Latest Form ADV filing2026-03-10Mar 10, 2026FactForm ADV
Latest Form ADV filing2024-01-18Jan 18, 2024FactForm ADV
SEC statusERA - ActiveMar 10, 2026FactForm ADV
SEC status effective2021-07-09Mar 10, 2026FactForm ADV
Venture share of reported funds1Mar 10, 2026FactForm ADV
Venture share of reported funds1Jan 18, 2024FactForm ADV
Business phoneMar 10, 2026FactForm ADV
Business phoneJan 18, 2024FactForm ADV
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 12, 2026Factno URL
HeadquartersColorado Springs, COMar 10, 2026FactForm ADV
HeadquartersColorado Springs, COJan 18, 2024FactForm ADV
Office addressMar 10, 2026FactForm ADV
Office addressJan 18, 2024FactForm ADV
Legal formLimited Liability CompanyMar 10, 2026FactForm ADV
Legal formLimited Liability CompanyJan 18, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 12, 2026Factno URL
Private funds reported5Mar 10, 2026FactForm ADV
Private funds reported5Mar 10, 2026FactForm ADV
Private funds reported3Jan 18, 2024FactForm ADV
Private fund gross assets (reported)$54.7MMar 10, 2026FactForm ADV
Private fund gross assets (reported)$54.7MMar 10, 2026FactForm ADV
Private fund gross assets (reported)$29.2MJan 18, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Stated geographyColorado, global, texas
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyColorado, global, texas
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyColorado, global, texas
“geography words on the home page”
Sep 12, 2026Factno URL
Stated stagesSeed, series a, early
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesSeed, series a, early
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesSeed, series a, early
“stage words on the home page”
Sep 12, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 12, 2026Factno URL
Venture funds reported5Mar 10, 2026FactForm ADV
Venture funds reported5Mar 10, 2026FactForm ADV
Venture funds reported3Jan 18, 2024FactForm ADV
WebsiteMar 10, 2026FactForm ADV
WebsiteJan 18, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 12, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
40
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $55M across 6 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.5 · people: 0.24 · investments: 0.66 · co investors: 0.51
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 6 · reported gav: $54.7M · first adv filing: 2021-07-09 · years since first filing: 5.2

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-23
  • Adviser's first ADV filing
    2021-07-09source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.