Investor Type | Firm |
Type of Fund | Angel network |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • BioTech • Hardware (& Manufacturing) • Medical Devices (& Hospital Services) |
Stages | Early Stage, Seed, Series A |
Investment Range | €100,000 - €300,000 |
New Mexico Angels is a prominent angel investment network focused on nurturing early-stage companies in New Mexico and the Southwest region. With headquarters at 1451 Innovation Parkway SE, Suite 600, Albuquerque, NM 87123, they have been an integral part of the region's investment ecosystem, helping to catalyze economic growth since 1999. They specialize in industries such as Software, IT and TMT, BioTech, Hardware and Manufacturing, and Medical Devices and Hospital Services. New Mexico Angels is not a venture fund; rather, it serves as an intermediary, facilitating direct investments from its members into promising startups. With over $25 million invested in more than 43 portfolio companies, they have attracted a network of over 55 accredited investors who share a commitment to fostering innovation. Investments typically range from $100,000 to $300,000, targeting early-stage ventures at Seed and Series A phases. They emphasize on finding companies with a viable exit strategy within a maximum of seven years. Their investment thesis revolves around backing ventures that demonstrate high growth potential and the capability to achieve market leadership. By collaborating with venture capital communities and other angel groups in the Southwestern US, they extend their impact and provide a value-added capital proposition. Their website also highlights the support and ongoing guidance they offer to entrepreneurs, including access to a professional network and subsequent fundraising efforts. Additionally, they promote the utilization of resources like the Angel Tax Credit and investment through self-directed IRA and 401(K) platforms, providing a comprehensive suite for investors to engage with the ecosystem.
We invest in companies in New Mexico and the Southwest region. We are a private angel investment network.