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62 Mile Ventures operates as a venture capital firm, focusing investments on early to growth-stage companies. The firm identifies businesses with strong brand strength and innovative strategies, primarily within consumer product and software sectors. It employs a methodical investment approach, aiming to cultivate portfolio company expansion and market presence.
Co-founded by Beck Sloman in 2015, 62 Mile Ventures was established to support ambitious, pioneering enterprises. Its name, referencing the 62-mile altitude defining space's edge, embodies a philosophy of backing ventures for significant impact. Sloman's insight focused on identifying and investing in companies achieving market distinction through compelling branding.
The firm collaborates with founders and leadership teams of promising businesses, supplying capital and strategic guidance for operational scaling. 62 Mile Ventures aims to construct a diverse portfolio of impactful brands to redefine their sectors. Its vision involves acting as a growth accelerator, enabling companies to realize full market potential and secure enduring industry relevance.
62 Mile Ventures has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Seed in Kindara in August 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2015 | Kindara | $5.0M Seed | Boston Seed Capital | Fusion Fund, Good Growth Capital, Race Capital, Staenberg Venture Partners, TBD Angels, Unlock Venture Partners, David Chang, Joshua Schachter, Wayne Chang, Good Works Ventures, Mena Venture Investments, PV Ventures, SOSV |