DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Milestone Managers LLC
Milestone Managers LLC
Multi-stage venture firmNew York, NYmilestonevp.comSEC venture capital fund adviserpart of Activate Venture Partners
One of 2 advisers that share milestonevp.com; the firm is Activate Venture Partners. Activate Venture Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
A leader in digital health and applied technology investment.
both early and growth/opportunity families, reported GAV $78M
Importance
26
moderate
Active deployment
29
moderate
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
10
low
Identity and regulatory footprint
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- 551 MADISON AVENUE, 7TH FLOOR, New York, NY, 10022adviserinfo.sec.gov
- Business phone
- 212-223-7400adviserinfo.sec.gov
- Website
- HTTP://WWW.MILESTONEVP.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
- May 10, 2017
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $77.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 212-223-7400adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, healthcare, biotech, medtech, industrial
- Stages
- seed, early
- Geography
- new york
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
9 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| SC Sx 2 LLC | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $6.6M of $6.6M | Feb 19, 2026 |
| SC Growth LLC | Growth fund | 2025 form d first sale | Newly closed | unknown | unknown | $15.3M of $15.3M | Feb 19, 2026 |
| SC Growth 2 LLC | Growth fund | 2025 form d first sale | Newly closed | unknown | unknown | $39.4M of $39.4M | Feb 9, 2026 |
| Hddc Tmrw 2 LLC | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $1.9M of $1.9M | Feb 9, 2026 |
| Milestone Venture Partners V Digital Health LP | Fund | 2015 form d first sale | Harvest | $2.7M May 10, 2017 | 2 | $22.1M of $100M | Jan 7, 2016 |
| Milestone Venture Partners III LP | Fund | 2014 adv first reported | Harvest | $42.1M May 10, 2017 | 4 | unknown | unknown |
| Milestone Venture Partners IV LP | Fund | 2014 adv first reported | Harvest | $15.9M May 10, 2017 | 2 | unknown | unknown |
| Milestone Venture Partners III New York LP | Fund | 2014 adv first reported | Harvest | $15.0M May 10, 2017 | 1 | unknown | unknown |
| Milestone Venture Partners II LP | Fund | 2014 adv first reported | Harvest | $1.7M May 10, 2017 | 3 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
10 current, 1 departed
Glen Bressner
Managing partnerCo-Founder and Managing Partner
Todd Pietri
Managing partnerCo-Founder and Managing Partner
Edwin Goodman
PartnerMember · since Apr 1, 2001
Richard Jude Dumler
PartnerMember · since Jul 1, 2003
Todd Tindall Pietri
PartnerMember · since Apr 1, 2001
Platform and operations
Avlyn Ashterman-Reece
PrincipalAdministrative Director
Jarred Bressner
PrincipalPrincipal
Ed Goodman
Venture partnerVenture Partner
Jeff Davison
Venture partnerVenture Partner
1 departed (kept with end dates)
- Fellowes Morgan Rodd · Member · Jun 1, 2009 to May 10, 2017 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Website Design | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
2 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
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.
Timeline
8 dated events
- Sep 12, 2026Milestone Managers LLC: INSTITUTIONAL_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $78M)Classification changedClassificationInferenceno URL
- May 10, 2017Fellowes Morgan Rodd (Member) no longer on Schedule A of Milestone Managers LLC
- May 3, 2016Milestone Venture Partners V Digital Health LP first reported on Form ADV by Milestone Managers LLC (Venture Capital Fund), GAV $56,000Fund first reported on Form ADVFundsFactMilestone Venture Partners V Digital Health LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 25, 2014Milestone Venture Partners IV LP first reported on Form ADV by Milestone Managers LLC (Venture Capital Fund), GAV $9,434,035Fund first reported on Form ADVFundsFactMilestone Venture Partners IV LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 25, 2014Milestone Venture Partners III New York LP first reported on Form ADV by Milestone Managers LLC (Venture Capital Fund), GAV $10,820,666Fund first reported on Form ADVFundsFactMilestone Venture Partners III New York LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 25, 2014Milestone Venture Partners II LP first reported on Form ADV by Milestone Managers LLC (Venture Capital Fund), GAV $6,804,212Fund first reported on Form ADVFundsFactMilestone Venture Partners II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 25, 2014Milestone Venture Partners III LP first reported on Form ADV by Milestone Managers LLC (Venture Capital Fund), GAV $46,158,623Fund first reported on Form ADVFundsFactMilestone Venture Partners III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Milestone Managers LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $78M
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $78M across 5 vehicles
Evidence
31 observations from 2 sources