FirstMile Ventures

FirstMile Ventures, established in 2010, is a Colorado-based venture capital firm focusing on seed and early-stage investments. It primarily targets B2B software, infrastructure technology, and distributed ledger companies across North America, with a preference for Colorado-based startups. The firm typically invests between $0.05 million and $1.5 million initially, reserving additional capital for follow-on rounds. FirstMile Ventures aims to support companies with less than $10 million in total capital needs, excluding extensive R&D requirements.

Zaz Floreani

Partner

Past deals in Colorado

Rook Capital

Seed Round in 2022
Rook Capital is a real estate marketplace based in Boulder, Colorado, founded in 2021. The company aims to broaden homeownership and address issues of home affordability by connecting homeowners with investors. Rook Capital's platform offers innovative financial solutions that facilitate affordable access to equity for current homeowners, enabling them to leverage their property investments. By simplifying the process of real estate investing, Rook Capital makes it accessible to a wider audience, helping users achieve their goal of owning a home.

Pomp

Seed Round in 2021
Pomp is a technology-driven marketplace and vertical SaaS solution focused on supporting estheticians and customers in the skincare sector. Founded in 2020 and based in Denver, Colorado, Pomp offers a virtual platform that empowers estheticians and medical spas to manage and enhance client relationships beyond traditional treatments. The platform provides access to clinical-grade skincare products, free consultations with professional estheticians, and tools for creating personalized at-home skincare routines. This approach not only enables customers to achieve optimal skincare results but also fosters long-term loyalty, addressing the needs of a historically overlooked profession in the beauty industry.

Resurface Labs

Seed Round in 2020
Resurface Labs Inc. specializes in developing a commercial database designed to log and analyze the real usage of online services and APIs. Founded in 2019 and headquartered in Boulder, Colorado, the company offers products that create flexible data pipelines for logging, searching, and analyzing API calls made by its clients' customers. These products enable clients to capture and search user sessions, GraphQL payloads, JSON and HTML content, cookies, and other specific customer details. By transforming user API calls into durable transactions, Resurface Labs facilitates troubleshooting and remediation while providing rich data sets for its users.

Halp

Seed Round in 2019
Halp, Inc. is a conversational ticketing software designed for IT support teams, allowing them to manage requests through a message-based interface on Slack. Founded in 2017 and based in Boulder, Colorado, Halp streamlines workflows by enabling teams to create custom forms, automate repetitive tasks, and monitor overall performance. The platform serves a variety of departments, including IT, HR, finance, and operations, enhancing employee satisfaction and productivity by simplifying the ticketing process.

Shotzr

Seed Round in 2019
Shotzr, Inc. operates a platform that provides fresh, locally-sourced, and on-brand photo feeds for social media marketers. Founded in 2016 and based in Denver, Colorado, Shotzr employs data-driven machine learning models to automate the selection of images, ensuring that marketers receive the most relevant visuals for their campaigns. The platform caters to various digital marketing needs, including social media campaigns on platforms like Facebook and Instagram, search engine marketing landing pages, and dynamic creative projects. By focusing on contextual imagery that resonates with targeted audiences, Shotzr enhances customer engagement and improves marketing performance across digital channels.

Sopris Health

Venture Round in 2018
Sopris Health, Inc. is a Denver-based company that specializes in developing an automated digital assistant software aimed at enhancing healthcare documentation. The company’s innovative application functions as a voice-driven medical scribe, capturing conversations between healthcare providers and patients to generate clinical notes in real time. This technology significantly reduces the time physicians spend on documentation and data entry, allowing them to focus more on direct patient interaction. By addressing clinical inefficiencies, Sopris Health aims to alleviate the administrative burdens faced by healthcare professionals, ultimately striving for improved patient outcomes. Founded in 2015, the company was previously known as Listen.Md, Inc. and continues to advance its artificial intelligence capabilities in the medical field.

IronCore Labs

Seed Round in 2018
IronCore Labs, Inc., founded in 2015 and based in Boulder, Colorado, specializes in developing encryption software that enhances data security for modern cloud applications. The company provides tools that enable software developers and businesses to incorporate application-layer encryption and data protection features into their products swiftly. IronCore's technology safeguards data across various systems, including GenAI frameworks, classic databases, object stores, and search indices, employing encryption-in-use methods that maintain data security throughout its lifecycle. The software allows enterprises to implement customer-managed keys and ensures zero-knowledge encryption, which protects sensitive information during transfer, at rest, and in-memory. By addressing challenges related to data privacy regulations and security demands, IronCore Labs facilitates the safe handling of sensitive information while expediting the deployment of advanced security functionalities.

Halp

Seed Round in 2018
Halp, Inc. is a conversational ticketing software designed for IT support teams, allowing them to manage requests through a message-based interface on Slack. Founded in 2017 and based in Boulder, Colorado, Halp streamlines workflows by enabling teams to create custom forms, automate repetitive tasks, and monitor overall performance. The platform serves a variety of departments, including IT, HR, finance, and operations, enhancing employee satisfaction and productivity by simplifying the ticketing process.

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., established in 2016 and based in Boulder, Colorado, specializes in network architecture for private and hybrid cloud environments. The company offers virtualized network functions and Luxon, a software-defined interconnect network platform, enabling cloud service providers to dynamically deliver routing, security, and automation services at scale.

SlamData

Series A in 2017
SlamData, Inc. is a company that provides a virtual data warehouse and integration solution, enabling users to explore and curate data stored in cloud services such as S3, Azure, and Google Cloud. Founded in 2014 and headquartered in Boulder, Colorado, SlamData offers a software platform that enhances data preparation and integration, making data more analytics-ready regardless of complexity. The solution supports various business intelligence tools, including Tableau, Looker, and PowerBI, and features connectors to multiple databases such as MongoDB, MarkLogic, Couchbase, and Hadoop. Notably, SlamData employs an innovative “in-database” analytics approach, which allows for data processing and analytics to occur close to the data itself.

IronCore Labs

Seed Round in 2017
IronCore Labs, Inc., founded in 2015 and based in Boulder, Colorado, specializes in developing encryption software that enhances data security for modern cloud applications. The company provides tools that enable software developers and businesses to incorporate application-layer encryption and data protection features into their products swiftly. IronCore's technology safeguards data across various systems, including GenAI frameworks, classic databases, object stores, and search indices, employing encryption-in-use methods that maintain data security throughout its lifecycle. The software allows enterprises to implement customer-managed keys and ensures zero-knowledge encryption, which protects sensitive information during transfer, at rest, and in-memory. By addressing challenges related to data privacy regulations and security demands, IronCore Labs facilitates the safe handling of sensitive information while expediting the deployment of advanced security functionalities.

Revaluate

Seed Round in 2016
Revaluate Inc. operates an online platform designed to analyze real estate properties prior to purchase, offering ratings and reviews for homes, condos, and apartments. The platform provides insights into potential issues such as safety violations, litigation records, tax problems, and noise complaints, specifically for properties in Manhattan and San Francisco. Founded in 2014 and based in Boulder, Colorado, Revaluate utilizes advanced artificial intelligence to identify real estate and mortgage leads, pinpointing individuals most likely to move within the next six months through various life event triggers. This capability allows clients to enhance marketing strategies, better target potential movers, and significantly improve return on investment from previously stagnant leads. Revaluate has received recognition for its innovative software, including accolades as a top AI tool and nominations for industry awards.

Cloud Elements

Venture Round in 2015
Cloud Elements Inc. specializes in cloud-to-cloud application programming interface (API) integration and aggregation services. Founded in 2012 and based in Denver, Colorado, the company offers a comprehensive API integration platform that facilitates the connection, monitoring, and maintenance of various third-party cloud services. This platform includes features such as data transformations, API provisioning, usage monitoring, and event notifications, allowing developers to seamlessly integrate multiple applications into customer relationship management (CRM) and marketing automation systems. Additionally, Cloud Elements provides consulting services, including design assessments and application development, catering to startups, software as a service (SaaS) vendors, and enterprise departments globally.

Kindara

Seed Round in 2015
Kindara, Inc. specializes in developing fertility awareness solutions aimed at empowering women to understand and manage their reproductive health. The company offers the Kindara Fertility Trackr, a mobile application available for iPhone and Android, which assists women in tracking their menstrual cycles, optimizing their chances of conception, or avoiding pregnancy naturally. In addition, Kindara provides Wink, an oral fertility thermometer that records basal body temperature and syncs automatically with the fertility tracking application. Founded in 2012 and based in Boulder, Colorado, Kindara operates as a subsidiary of Prima-Temp, Inc. The company is dedicated to equipping women with the tools, knowledge, and support necessary to take charge of their fertility and achieve their reproductive goals.

SlamData

Seed Round in 2015
SlamData, Inc. is a company that provides a virtual data warehouse and integration solution, enabling users to explore and curate data stored in cloud services such as S3, Azure, and Google Cloud. Founded in 2014 and headquartered in Boulder, Colorado, SlamData offers a software platform that enhances data preparation and integration, making data more analytics-ready regardless of complexity. The solution supports various business intelligence tools, including Tableau, Looker, and PowerBI, and features connectors to multiple databases such as MongoDB, MarkLogic, Couchbase, and Hadoop. Notably, SlamData employs an innovative “in-database” analytics approach, which allows for data processing and analytics to occur close to the data itself.

ConcealFab

Venture Round in 2014
ConcealFab Corporation, established in 2007 and headquartered in Colorado Springs, Colorado, specializes in designing, engineering, and manufacturing radio frequency transparent shelters and enclosures. The company provides pre-fabricated polyvinyl chloride (PVC) concealment solutions for both federal contractors and commercial wireless carriers, aiming to protect sensitive communication equipment from public detection. ConcealFab's patented technology, crafted from proprietary thermoplastic and advanced composite materials, allows for innovative architectural designs that effectively blend into urban and suburban environments. The company has successfully delivered numerous rooftop and ground-based antenna concealment solutions, enhancing wireless network performance while ensuring faster site approval. Their product offerings include RF-transparent rooftop screenwalls, quick-deploy maintenance shelters, and advanced solutions for small cell and oDAS wireless deployments. ConcealFab also offers custom solutions tailored to specific site requirements, all designed to simplify installation and reduce costs compared to traditional RF enclosure options.

SlamData

Convertible Note in 2014
SlamData, Inc. is a company that provides a virtual data warehouse and integration solution, enabling users to explore and curate data stored in cloud services such as S3, Azure, and Google Cloud. Founded in 2014 and headquartered in Boulder, Colorado, SlamData offers a software platform that enhances data preparation and integration, making data more analytics-ready regardless of complexity. The solution supports various business intelligence tools, including Tableau, Looker, and PowerBI, and features connectors to multiple databases such as MongoDB, MarkLogic, Couchbase, and Hadoop. Notably, SlamData employs an innovative “in-database” analytics approach, which allows for data processing and analytics to occur close to the data itself.

FuseSport

Seed Round in 2014
FuseSport, Inc. is a provider of cloud-based software solutions tailored for sports events and federations. Established in 2012 and headquartered in Colorado Springs, Colorado, the company offers a range of online tools designed to facilitate the organization of large-scale sporting events. Its solutions encompass various aspects of sports event management, including registration, accreditation, marketing, financial management, competition oversight, and results publishing. By streamlining these processes, FuseSport aids organizations in efficiently managing their events.

Pax8

Venture Round in 2014
Pax8, Inc. is a value-added distributor of unified cloud services, specializing in security, data management, collaboration, and hosted communications for businesses. Based in Greenwood Village, Colorado, the company operates a cloud commerce marketplace that connects a global network of channel partners with aggregated cloud solutions from various vendors. Its flagship platform, the Pax8 Command Console, simplifies the management of cloud services by consolidating quoting, ordering, provisioning, support, and billing into a single interface. Pax8 also offers tools to enhance partner growth, including customer acquisition programs and automated cloud service management features. Incorporated in 2011, Pax8 is a subsidiary of Arrow Electronics, Inc. and has established strategic partnerships to further expand its service offerings.

Open Road Snacks

Seed Round in 2013
Open Road Snacks, Inc., based in Centennial, Colorado, specializes in producing and selling gluten-free, gourmet popcorn and other healthy snack options. Founded in 1985, the company originally operated as Rocky Mountain Popcorn Company until rebranding in 2013. Open Road Snacks offers a range of products, including flavored popcorn, Poplets®, and Diego’s Chips™, which are available through travel and convenience stores, snack retailers, natural food grocers, and supermarkets across the United States, as well as online. The company is committed to sustainability, utilizing 100% wind-powered energy in its manufacturing processes and shipping products in locally made recycled cardboard. Open Road Snacks also takes an active role in supporting charitable causes that promote healthy lifestyles and environmental stewardship, reflecting its dedication to creating both delicious snacks and a positive impact on the community.

Wanamaker

Seed Round in 2012
Wanamaker Corporation is a technology company based in Colorado Springs, Colorado, specializing in an event management application tailored for junior golf tournaments. Founded in 2012, the company offers a platform that enables users to create, manage, and promote events, including charity tournaments, while providing live scoring and leaderboards. The application facilitates roster management, volunteer coordination, sponsor engagement, and event branding, allowing users to customize events according to the needs of charities or fundraising organizations. Additionally, it supports the sale of live leaderboard sponsorships and displays promotional banners on mobile applications. Wanamaker's innovative system leverages the popularity of smartphone technology, streamlining the tournament management process by providing real-time results and eliminating the need for traditional scorecard collection.

Altia

Seed Round in 2011
Altia, Inc. specializes in user interface design software and services tailored for embedded systems. Founded in 1991 and headquartered in Colorado Springs, Colorado, the company offers a range of tools to streamline the design and deployment of graphical user interfaces. Key products include Altia Design, which allows users to create interface models or integrate existing graphic assets; DeepScreen, a graphics code generator that converts models into deployable code; PhotoProto, a tool that transforms graphics into interactive prototypes directly from Photoshop; and FlowProto, which enables the creation of interactive prototypes from Microsoft Visio flowcharts. In addition to its software offerings, Altia provides engineering services to assist clients in their projects, ensuring the delivery of high-quality human-machine interfaces that enhance user experience across various applications, including automotive, mobile, and industrial sectors.

Grant Dental Technology Corporation

Seed Round in 2010
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.

Schultz's Gourmet

Seed Round in 2010
Schultz's Gourmet is an online retailer specializing in condiments, including hot sauces, seasonings, and snacks. The company originated from family recipes that gained popularity during local high school cookouts in Monument, Colorado, where they were first introduced to the community. After several years of informal sharing, the founders decided to transition from informal gatherings to a dedicated retail platform. Schultz's Gourmet focuses on providing a diverse range of products that emphasize consistent quality and flavor, allowing consumers to enhance their culinary experiences with healthy food ingredients.
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