Verge

Verge Fund targets seed and Series A rounds, occasionally participating in later insider rounds for existing portfolio companies where it already holds board-level information advantage. Initial check sizes fall between $500,000 and $2 million, with reserves allocated for follow-on participation.

The firm concentrates on enterprise software, artificial intelligence and machine learning, cybersecurity, space technology, and energy transition. Its deal flow is heavily shaped by spinouts from Los Alamos National Laboratory, Sandia National Laboratories, and the Air Force Research Laboratory in Albuquerque.

Verge sources from the federal-lab complex and university research ecosystem in New Mexico — an R&D corridor that produces high patent density with low venture competition. The firm also co-invests alongside the New Mexico State Investment Council and the New Mexico Angels network, creating a local capital stack that surfaces deals before they reach coastal syndicates.

Verge co-invests with the New Mexico State Investment Council's direct venture program and participates in the New Mexico Angels network. The firm does not receive state funding but operates as a private complement to the state's innovation-economy strategy, helping retain and commercialize federally funded research inside New Mexico.

No. Verge Fund operates exclusively from Albuquerque, New Mexico. The firm does not maintain satellite offices in Silicon Valley, New York, or other traditional venture hubs — its entire operations and investment team works from a single location.