Mike Smith
Mike Smith is a co-founder and general partner of venture capital firm FootworkFootworkFootwork is an early-stage venture capital firm founded in 2021 by Mike Smith and Nikhil Basu Trivedi, with an office in San Francisco. It leads or co-leads seed and Series A rounds in consumer technology and the consumerization of enterprise technology. Its $175 million first fund launched in 2021, and it began investing its $225 million second fund in 2025.Open the full entry. He was chief operating officer of Walmart.com and held operating, menswear and executive roles at Stitch Fix as it grew from an early-stage business into a public company. He founded Footwork with Nikhil Basu Trivedi in 2021 and serves on the boards of Ulta Beauty and MillerKnoll.
Contents15 sections
Key facts
Early life: education and career beginnings
2003–2012Walmart.com
June 2012joining Stitch Fix
March 2016–September 2017leading Stitch Fix Men
From March 2016 to September 2017, Smith served as general manager of Stitch Fix Men. He returned to the company-wide COO role in September 2017.[4]
October 2018company president
January 16, 2019Herman Miller board appointment
Herman Miller appointed Smith to its board and audit committee effective January 16, 2019, citing his e-commerce, customer-experience and operating expertise as relevant to its digital business.[5]
September 18, 2019Ulta Beauty board appointment
Ulta Beauty announced Smith’s appointment as an independent director on September 19, 2019, effective the previous day. It highlighted his retail, data-analytics and logistics experience and his then-current roles at Stitch Fix and Herman Miller.[3]
November 19, 2020planned move into venture capital
Stitch Fix disclosed that Smith intended to leave management to start a venture firm while remaining through the finance-leadership transition. It appointed him to the board that day. The announcement concerned his planned departure and immediate board appointment, rather than the end of his executive service.[6]
April 15, 2021founding Footwork
Smith and former Shasta Ventures investor Nikhil Basu Trivedi launched Footwork with a $175 million first fund. They had served together on Imperfect Foods’ board and co-invested before combining their operating and investing experience to support early-stage founders.[7]
June 22, 2021Via investment and directorship
Footwork led a $15 million Series A in mobile-commerce software company Via. Smith joined its board alongside Peterson Ventures’ Ilana Stern and Via’s two founders. The company provided merchants with text-message, messaging and mobile-app commerce tools.[8]
February 2025Footwork’s second fund
March 26, 2026views on enterprise AI adoption
In an interview published by The Peel, Smith said public-company boards gave him access to enterprise-software buyers. He saw AI discussions extending across customer service, coding, marketing and supply chains, and considered operating experience useful for assessing demand.[10]
Topics: current roles and portfolio
Current Footwork and Ulta Beauty materials identify Smith as Footwork’s co-founder and general partner and a director of Ulta Beauty and MillerKnoll. Footwork’s disclosed portfolio spans consumer products, enterprise software, healthcare and AI applications, including Cradlewise, Heard, Felt, Elicit, GPTZero and Anything.[1][2]
Public accounts and firm profile
Firm website: https://www.footwork.vc/ (opens in a new window). X: https://x.com/msmith492 (opens in a new window). LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: https://www.linkedin.com/in/michaelcsmith1/ (opens in a new window).[1][11][12]
Sources
- Footwork — official firm profile (opens in a new window)
- Ulta Beauty — Board of Directors: Mike C. Smith (opens in a new window)
- Ulta Beauty Announces Addition to Board of Directors (opens in a new window)
- Mike Smith — official executive biography (opens in a new window)
- Herman Miller Appoints Digital and Consumer Leader to Board of Directors (opens in a new window)
- Stitch Fix Form 8-K: executive transition and board appointment (opens in a new window)
- Footwork: announcing Fund I (opens in a new window)
- Via: Footwork investment in mobile commerce (opens in a new window)
- Footwork at Year 4 (opens in a new window)
- Footwork’s Secret Sauce | Mike Smith, Nikhil Basu Trivedi (opens in a new window)
- Mike Smith (@msmith492) (opens in a new window)
- Mike Smith | LinkedIn (opens in a new window)