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Local VC firm FirstMile raises $25M for third fund

Summary by BusinessDen
L-R: Texas-based partner Zaz Floreani, founder Bill Miller and Colorado-based partner Aaron Stachel. (LinkedIn) FirstMile Ventures just wrapped up its third fund. The $25 million pot will be used to invest in fledgling technology companies in Colorado and Texas, partner Aaron Stachel told BusinessDen. “We had hoped to raise a little bit of a bigger fund, but the market is one of the worst markets for fundraising in almost a decade,” he said.  Th…
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BusinessDen broke the news on Wednesday, May 6, 2026.
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