What stage does Verge Fund invest at?

Verge Fund invests at the Pre-Seed, Seed, Series A stages.

What is Verge Fund's typical check size?

Verge Fund typically writes checks of $100K – $500K.

Where is Verge Fund located?

Verge Fund is headquartered in Albuquerque, US.

Verge Fund

Venture capital

Albuquerque · Pre-Seed–Series A · 8 people tracked

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Investment thesis

Verge Fund invests in and helps build world-class companies in New Mexico, aiming to develop an innovation-led economy in the state. It leverages the roughly $5 billion in annual research and development spending from New Mexico's national research labs, tier-1 research universities, and military research facilities, along with the region's scientific and engineering talent. The firm brings together experienced entrepreneurs as investors, founders, managers, and advisors, and its principals have deep local roots and a combined century-plus of experience working with entrepreneurial companies in New Mexico.

Invests inBiotech Data & Infrastructure Deep Tech Energy Hardware Healthtech Medical Devices New Materials SaaS Sector Agnostic SemiconductorsAlbuquerqueUnited States

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Series A

Check

$100K – $500K

Albuquerque, New Mexico, US

Instruments

Equity

Founded

2003

AUM

$20M

Tracked investments

Team · 8 people

from the firm's website & public directories

Bill Bice· General Partner· Albuquerque, NM

A serial entrepreneur who started his first business in high school, organizing road races such as the Duke City Marathon.

b•••@vergefund.comreveal

Larry Lujan· General Partner· New Mexico

Passionate about helping individuals, businesses, and communities prosper and grow to benefit New Mexico.

l•••@vergefund.comreveal

Ron J. McPhee· General Partner

A successful healthcare technology entrepreneur in the Southwest with experience spanning startups to global brands.

r•••@vergefund.comreveal

Thomas J. Stephenson· Managing General Partner

The longest-tenured professional venture capitalist in New Mexico, investing in and growing local businesses since 1997.

t•••@vergefund.comreveal

Paul Short· Venture Partner

Founded InnovASIC, growing it to $5M in revenue and raising $7.5M in venture capital; previously an engineer at NMSU's Physical Science Laboratory and Honeywell.

Chris Gregory· Director of Finance

A CPA and former independent auditor of venture capital and private equity funds who manages Verge's accounting, audit functions, and investor relations.

David Franklin· Entrepreneur in Residence

Co-founder, CEO and Chairman of Santa Fe-based Strategic Analytics Inc. until its sale to Verisk Analytics; previously Managing Director at McLagan Partners and an M&A analyst at Morgan Stanley.

Erin Barrio· Communications Manager· New Mexico

With Verge Fund since 2015 and Communications Manager since late 2017, she handles internal and external communications, social media, and helps portfolio companies with marketing. She holds Bachelor's and Master's degrees in English from New Mexico State University.

What they invest in

from 2 of 7 portfolio companies

Cleantech ×1Energy ×1Marketing Tech ×1New Materials ×1SaaS ×1Sales Tech ×1

HQs:United States×2

Investments · 7 tracked

founders shown can be your intro path

Pajarito Powderpajaritopowder.cominJun 2021✓ verified

Pajarito Powder manufactures advanced catalysts for PEM fuel cells and electrolyzers, including precious metal-containing catalysts, Engineered Catalyst Supports (ECS), and iridium oxide OER catalysts for PEM water electrolysis.

CleantechEnergyNew MaterialsAlbuquerque, US

Thomas Stephenson(Executive Officer, Director)Sukhwan Yun(Director)Paul Short(Co-founder & Board Vice Chair)Barr Zulevi(Executive Officer)Christian Mohrdieck(CEO)Thomas J. Stephenson(Co-founder & Board Chair)

Attached Appsattachedapps.com

Cloud-based CRM tools for SMBs to track prospects, opportunities, tasks, and projects from a single web-based application.

boomtimeboomtime.comin

Boomtime is a full-service digital marketing agency serving small businesses, offering tools to capture email leads from inboxes and build LinkedIn connections for lead generation.

Marketing TechSaaSSales TechAlbuquerque, US

Nuvita

Nuvita Pro

Slipstream

SportXast

Frequently asked questions

What stage does Verge Fund invest at?: Verge Fund invests at the Pre-Seed, Seed, Series A stages.
What is Verge Fund's typical check size?: Verge Fund typically writes checks of $100K – $500K.
What sectors does Verge Fund focus on?: Verge Fund focuses on Biotech, Data & Infrastructure, Deep Tech, Energy, Hardware, Healthtech, Medical Devices, New Materials, SaaS, Sector Agnostic, Semiconductors.
Where is Verge Fund located?: Verge Fund is headquartered in Albuquerque, US.

Media · Podcasts & interviews

featuring the team

Bill Bice, Partner of Verge Fund, does tech startups

Morning Brew · Bill Bice

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