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New Mexico Angels

North America, New Mexico, United States, Albuquerque

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does New Mexico Angels frequently co-invest with?

Flywheel Ventures
North America, New Mexico, United States, Santa Fe
Co-Investments: 2
Sun Mountain Capital
North America, New Mexico, United States, Santa Fe
Co-Investments: 1
AV
North America, California, United States, Menlo Park
Co-Investments: 1
NM
North America, New Mexico, United States, Santa Fe
Co-Investments: 1
Fort Washington Capital Partners Group
North America, Ohio, United States, Cincinnati
Co-Investments: 2
AI
North America, New Mexico, United States, Las Cruces
Co-Investments: 2
ITU Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
New Mexico State University
North America, New Mexico, United States, Las Cruces
Co-Investments: 1

What are some of recent deals done by New Mexico Angels?

Nibbles

Toronto, Ontario, Canada

Nibbles is a smart pet feeder with a camera that can be used to feed and watch pets from the user’s phone from anywhere.

AppsSoftware
Pre SeedAug 1, 2024
Amount Raised: $25,000
Telemetry Insightdata

Albuquerque, New Mexico, United States

Telemetry Insight is a data analytics firm with a particular interest in the energy sector.

AnalyticsEnergyIT Infrastructure
SeedDec 31, 2023
Amount Raised: $35,000
Taos Bakes

Questa, New Mexico, United States

Taos Bakes is an alternate snack from an alternate universe. They create healthy, gluten-free snacks made from non-gmo and more.

Food and BeverageFood ProcessingShopping
SeedOct 30, 2023
Amount Raised: $3,000
Rhea Space

Washington, District of Columbia, United States

Rhea Space Activity (RSA) is an astrophysics start-up company in the science and technology industry.

AerospaceArtificial Intelligence (AI)Satellite Communication
Series AMar 9, 2023
Amount Raised: $20,000
Silent Falcon UAS Technologies

Front Royal, Virginia, United States

SF is using proprietary generative AI and predictive analytics to lower airport management cost and improve safety.

AnalyticsComputerData VisualizationDronesGenerative AIInformation TechnologyPredictive AnalyticsSecuritySoftware
Series AMar 7, 2023
Amount Raised: $112,000
BennuBio

Albuquerque, New Mexico, United States

BennuBio is developing instruments that can use the flow cytometry paradigm to analyze samples regardless of particle size or sample volume.

BiotechnologyHealth CareMedical
Series BMar 6, 2023
Amount Raised: $10,000
Everyday Contacts

Albuquerque, New Mexico, United States

Everyday Contacts is a premium daily disposable contact lens company designed for both patients and eye care professionals.

EyewearHealth CareMedical Device
SeedJan 26, 2023
Amount Raised: $2,420,000
Orbit Genomics

Boulder, Colorado, United States

Orbit Genomics develops genome sequencing technology system for early disease detection, treatment, and prevention of complex diseases.

Health CareHealth DiagnosticsHospital
AngelAug 22, 2022
Rhea Space

Washington, District of Columbia, United States

Rhea Space Activity (RSA) is an astrophysics start-up company in the science and technology industry.

AerospaceArtificial Intelligence (AI)Satellite Communication
Series AJun 1, 2022
Amount Raised: $250,000
Build With Robots

Albuquerque, New Mexico, United States

We believe in the dignity and value of work. We are in business to make workers’ lives better through integrated robotics and automation.

Artificial Intelligence (AI)Industrial AutomationIndustrial EngineeringRobotics
SeedJun 1, 2022
Amount Raised: $2,504,850