4 Top Venture Capital Firms in New Mexico

New Mexico is a business-friendly state with a creative ecosystem of entrepreneurship. Favorable tax and regulatory standards, along with support from local and state agencies, make this a good state for new businesses. For entrepreneurs who have successful startups, venture capital firms offer funding opportunities. Those who secure VC capital can quickly grow their businesses.

We also recommend checking out our full list of the top venture capital firms.

Top Venture Capital Firms in New Mexico article

Best New Mexico VC Firms

1. Iron Creek Partners

  • Location: Santa Fe, NM
  • Industries: Software, Technology, Education, Data Analytics, Media, Communications
  • Stage: Stage Agnostic
  • Notable Portfolio Companies: Verified Credentials, Career Team, SlickText, Prism Visual Software

Iron Creek Partners primarily invests in software and technology companies. Companies in education, data analytics, media, or communications may also be considered. The firm looks for companies with $2 million–$5 million EBITDA and 50% recurring revenue. It's stage-agnostic so long as companies can grow. Iron Creek Partners only makes controlling investments. 

2. New Mexico Angels

  • Location: Albuquerque, NM
  • Industries: Industry Agnostic
  • Stage: Early Stage
  • Notable Portfolio Companies: Circa, Nob Hill Therapeutics, Bowtie, Dynamic Photonics

New Mexico Angels gives companies that need thousands instead of millions access to capital. The maximum investment is $500,000, and companies must clearly state how any capital will be used. As a group of angel investors, raising funds through New Mexico Angels can take some time.

3. Verge Fund

  • Location: Albuquerque, NM
  • Industries: Research, Laboratories, Military
  • Stage: Early, Stage, Late Stage, Growth
  • Notable Portfolio Companies: Vibrant, TruTough Technologies, Slipstream, Pajarito Powder

Verge Fund invests in research-heavy projects. The fund has supported research at universities, laboratories, and defense contractors. In total, Verge Fund provides $5 billion annually for research. Companies must be based in New Mexico.

4. Sun Mountain Capital

  • Location: Sante Fe, NM
  • Industries: Industry Agnostic
  • Stage: Early Stage, Late Stage, Growth
  • Notable Portfolio Companies: Undisclosed

Sun Mountain Capital provides private equity and growth equity investments. The firm expects a board seat and to have management input when making any investment.