
New Mexico Angels
Description
The New Mexico Angels is a well-established private membership organization for accredited angel investors, founded in 2003 and based in Albuquerque, New Mexico. As a cornerstone of the state's entrepreneurial ecosystem, the group is dedicated to fostering the growth of early-stage companies, primarily within New Mexico and the broader Southwest region. They seek out ventures demonstrating high growth potential, led by strong management teams, and possessing proprietary technology or unique business models. Their investment interests span a diverse range of sectors, including technology, biotechnology, clean energy, advanced manufacturing, and healthcare, reflecting a strategic approach to nurturing innovation across critical industries.
The organization typically provides initial investments ranging from $100,000 to $500,000 per company. These investments are frequently made in syndication with other angel groups, venture capital firms, or institutional investors, allowing for larger collective funding rounds and shared due diligence. Beyond capital, the New Mexico Angels are known for offering valuable mentorship and strategic guidance to their portfolio companies, leveraging the collective expertise of their experienced investor members. This hands-on approach aims to significantly increase the likelihood of success for the startups they back.
Since its inception, the New Mexico Angels have played a crucial role in stimulating economic development within the region. They have invested over $10 million across more than 30 companies, demonstrating a consistent commitment to supporting local innovation and job creation. Their model emphasizes not just financial returns but also the cultivation of a robust startup environment, making them a vital resource for emerging businesses seeking early-stage capital and strategic partnerships in the American Southwest.
Investor Profile
New Mexico Angels has backed more than 33 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Angel rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Health Care, Manufacturing, Software.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (33%)
- Series A (27%)
- Angel (24%)
- Pre Seed (9%)
- Convertible Note (3%)
- Series B (3%)
Country Focus
- United States (97%)
- Canada (3%)
Industry Focus
- Health Care
- Manufacturing
- Software
- Apps
- Biotechnology
- Artificial Intelligence (Ai)
- Service Industry
- Analytics
- Gaming
- Pc Games
Frequently Asked Questions
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