Last Mile Ventures

Last Mile Ventures is a London-based micro-VC firm and personal investment vehicle founded in 2013-2014 by Alessandro Santo. The firm focuses on seed and early-stage investments in technology companies across Europe, taking minority positions and typically investing in syndication with other angel investors. The team of four partners includes Alessandro Santo as Managing Partner and Hirak Mukherjee. The firm makes a maximum of two investments per year at up to 25,000 euros each, operating at the smaller end of the venture spectrum with check sizes of $5,000 to $50,000 and a sweet spot of $20,000, typically participating in syndicated rounds of 200,000 to 300,000 euros. Last Mile has made 9 investments across software, SaaS, fintech, food technology, and data analytics. Named portfolio companies include Memopal (cloud storage, acquired), Tanaza (WiFi cloud management), Stamplay (software development platform, acquired), Seekology (personal products), and Retechnica (productivity software). Two acquisitions have been recorded from the portfolio, Stamplay and Memopal. Investment sectors span fintech, food technology, wellbeing, data-driven digital manufacturing, and information technology, with a cross-European footprint connecting London and Milan. Despite its small check sizes, Last Mile Ventures often leads syndication rounds and contributes strategic value through advisory board participation. Alessandro Santo's approach reflects a founder-friendly, network-first model of early investing: moving quickly, co-investing with credible angels, and earning the right to support founders through operational involvement rather than capital scale. The firm's track record of two acquired portfolio companies out of nine investments reflects a solid ratio for a vehicle of this size.