FirstMile Ventures 2020, L.P.
FirstMile Ventures 2020, L.P. is a venture capital fund based in Colorado Springs, Colorado. According to its most recent Form D, filed Jul 23, 2020, it has sold $5,850,000 of interests to 18 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Aaron Stachel; 2020, LLC FirstMile Partners; William Miller.
- Total raised
- $5,850,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Jul 10, 2020
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Aaron Stachel; 2020, LLC FirstMile Partners; William Miller
- Latest Form D
- Jul 23, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about FirstMile Ventures 2020, L.P.
What is the minimum investment for FirstMile Ventures 2020, L.P.?
According to its latest Form D, filed Jul 23, 2020, the minimum investment FirstMile Ventures 2020, L.P. accepts from an outside investor is $250,000.
Who can invest in FirstMile Ventures 2020, L.P.?
FirstMile Ventures 2020, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has FirstMile Ventures 2020, L.P. raised?
FirstMile Ventures 2020, L.P. reports $5,850,000 sold from 18 investors on its Form D filed Jul 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is FirstMile Ventures 2020, L.P. based?
FirstMile Ventures 2020, L.P. is based in Colorado Springs, Colorado.
When did FirstMile Ventures 2020, L.P. launch?
FirstMile Ventures 2020, L.P. reports its first sale in Jul 2020.
Size compared with every venture capital fund
Raised more than 71% of the 92 venture capital funds based in Colorado, and more than 83% of all 14,829 that report sales.