We believe New Mexico can reach its full potential

What We Do

At Verge, we believe that New Mexico can reach its full potential.
We bring together the best entrepreneurs — as investors, founders, managers and advisors — to develop world class companies in NM.
We leverage the $5B in research dollars spent here every year.
We live here. We’ve been successful here. We know how to get things done here.
New Mexico is a global powerhouse when it comes to technological development. We have been for years. We’ve got the smartest scientific and engineering minds in the world at our national research labs, tier-1 research universities, and military research facilities spending more than $5 billion in research and development each year.

Our vision is to build an innovation-led economy in New Mexico.

Who We Are

The Principals of the Verge team have a combined 100+ years of experience in and working with entrepreneurial companies in New Mexico. Everyone on the Verge Team is passionate about building companies that have a dramatic impact on the state of New Mexico. We're here because this is what we love to do.

Bill Bice

General Partner

Bill is a serial entrepreneur, starting his first business as a freshman in High School, organizing road races like the Duke City Marathon.

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Larry Lujan

General Partner

Larry is passionate about helping individuals, businesses and communities prosper so that they can continue to grow themselves and help the state of New Mexico.

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Ron J. McPhee

General Partner

From startups to market-leading global brands, Ron is one of the Southwest’s most successful healthcare technology entrepreneurs.

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Thomas J. Stephenson

Managing General Partner

The longest-tenured professional venture capitalist in New Mexico, Tom has been investing in and growing New Mexico businesses since 1997

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Chris Gregory

Director of Finance

Chris is a CPA and has served as the independent auditor of numerous venture capital and private equity funds. Chris manages the accounting and audit functions of Verge and coordinates investor relations.

David Franklin

Entrepreneur in Residence

David was co-founder, CEO and Chairman of Santa Fe-based Strategic Analytics Inc. until its sale to Verisk Analytics (NASDAQ: VRSK). David was Managing
Director at McLagan Partners and a financial analyst in M&A at Morgan Stanley.

Erin Barrio

Communications Manager

Erin has been with the Verge Fund since 2015, and became the Communications Manager for the firm in late 2017. She focuses on internal communications with Limited Partners, social media and external communications, and helping portfolio companies with their marketing strategies. Erin received both her Bachelor’s and Master’s degrees from New Mexico State University where she majored in English with an emphasis on literature and rhetoric.

Paul Short

Venture Partner

Paul founded InnovASIC, growing the company to $5M in revenue and raising $7.5M in venture capital financial during a period of industry contraction. Paul was an engineer with NMSU’s Physical Science Laboratory and
with Honeywell.

We live here. We’ve been successful here. We know how to get things done here.