Upslope Ventures

Upslope Ventures is an early-stage venture capital firm based in Denver, Colorado, dedicated to investing in promising startups across the United States. Founded by brothers Alex D. Miller and Ben D. Miller, the firm positions itself as a strategic partner for entrepreneurs who are building the next generation of category-defining businesses. Their investment philosophy centers on identifying and supporting companies with strong potential for significant market disruption and growth, primarily focusing on the seed stage.

The firm's investment strategy involves deploying capital into nascent companies that demonstrate clear innovation and a scalable business model. Upslope Ventures typically writes initial checks ranging from $500,000 to $1.5 million, providing crucial early funding to help startups achieve key milestones and accelerate their development. While headquartered in Denver, their investment scope is national, reflecting a broad interest in diverse markets and technological advancements across the country. This geographic flexibility allows them to tap into a wider pool of entrepreneurial talent and innovative ideas beyond their local ecosystem.

In March 2021, Upslope Ventures announced the closing of its debut fund, Fund I, which secured $25 million in capital. This fund empowers the firm to actively pursue its investment mandate, supporting a growing portfolio of companies. As of recent data, Upslope Ventures has made approximately 24 investments, demonstrating a consistent commitment to fostering new ventures. The firm also notes a couple of exits from its portfolio, indicating early successes in its investment thesis. Their hands-on approach aims to provide more than just capital, offering strategic guidance and network access to their portfolio companies.