Verge Fund

Verge Fund is a venture capital investment firm located in Albuquerque, New Mexico, established in 2003. The firm specializes in investing in seed-stage, high-growth ventures, particularly in the healthcare and software sectors. Verge focuses on opportunities at the earliest stages of development, even when business plans are not fully formulated. With a deep understanding of the local landscape, the Principals of Verge Fund bring over 43 years of combined experience in investing and collaborating with entrepreneurial companies in New Mexico. Their background includes working in laboratories, universities, and successful venture capital firms, equipping them with the insights necessary to identify and nurture promising opportunities within the region.

Lujan, Larry

General Partner

Thomas J. Stephenson

Managing General Partner

13 past transactions

boomtime

Series B in 2017
Boomtime is an e-commerce platform that delivers a comprehensive marketing suite tailored for small businesses. By focusing on education and empowerment, it aims to unlock the potential of its clients. The company provides a range of online marketing services, including search engine optimization, search engine marketing, website solutions, lead capture, and email marketing. Utilizing a word-of-mouth system, Boomtime captures customer interactions to help businesses enhance their marketing strategies, thereby improving their financial performance and decision-making capabilities.

Intellicyt

Venture Round in 2015
IntelliCyt Corporation specializes in the development of high-throughput cell- and bead-based screening solutions tailored for the life sciences sector, particularly in drug discovery, antibody development, and immunology. Founded in 2006 and based in Albuquerque, New Mexico, the company offers a comprehensive iQue Screener platform that integrates instrumentation, software, and reagents to facilitate high-content multiplex analysis of samples in liquid suspension. This platform is complemented by ForeCyt software for data visualization and analysis, as well as MultiCyt screening kits designed for use with iQue Screeners. IntelliCyt’s innovative technologies significantly enhance the efficiency and cost-effectiveness of detecting and measuring cells and beads, addressing critical needs in pharmaceutical and biotechnology laboratories globally. As a subsidiary of Sartorius AG, IntelliCyt continues to lead in providing solutions that meet the demands of modern life sciences research while ensuring rapid and relevant results in various applications, including phenotypic small molecule drug discovery and in vitro toxicology.

Intellicyt

Venture Round in 2013
IntelliCyt Corporation specializes in the development of high-throughput cell- and bead-based screening solutions tailored for the life sciences sector, particularly in drug discovery, antibody development, and immunology. Founded in 2006 and based in Albuquerque, New Mexico, the company offers a comprehensive iQue Screener platform that integrates instrumentation, software, and reagents to facilitate high-content multiplex analysis of samples in liquid suspension. This platform is complemented by ForeCyt software for data visualization and analysis, as well as MultiCyt screening kits designed for use with iQue Screeners. IntelliCyt’s innovative technologies significantly enhance the efficiency and cost-effectiveness of detecting and measuring cells and beads, addressing critical needs in pharmaceutical and biotechnology laboratories globally. As a subsidiary of Sartorius AG, IntelliCyt continues to lead in providing solutions that meet the demands of modern life sciences research while ensuring rapid and relevant results in various applications, including phenotypic small molecule drug discovery and in vitro toxicology.

TruTouch Technologies

Venture Round in 2009
TruTouch Technologies, Inc. specializes in the development and manufacturing of noninvasive alcohol testing systems aimed at enhancing worksite safety. Established in 2005, the company is headquartered in Sudbury, Massachusetts, with a research and development facility in Riverside, California. Its flagship product, the TruTouch system, employs biometric technology to assess blood alcohol content through the skin while confirming user identity. The company's offerings cater to various sectors, including energy, transportation, warehousing, and community services, and are utilized for applications such as employee screening, medical diagnostics, law enforcement, and workplace safety. By providing accurate and real-time alcohol measurement solutions, TruTouch Technologies plays a crucial role in promoting safety and compliance in various environments.

Vibrant Corporation

Funding Round in 2008
Vibrant Corporation specializes in process compensated resonance testing (PCRT) services for the aerospace and power generation industries, as well as materials laboratories. The company offers a range of PCRT services, including process outlier screening, defect detection, manufacturing process control, life monitoring, and material property characterization. Additionally, Vibrant manufactures PCRT testing equipment and supplies inspection equipment for the automotive sector. Its technology is used for quality assurance and process capability assessment by original equipment manufacturers, as well as for in-service structural assessments and life monitoring for maintenance, repair, and overhaul organizations. Established in 1991, Vibrant Corporation is headquartered in Albuquerque, New Mexico, with facilities in the United States and Germany.

Wellkeeper

Venture Round in 2007
Wellkeeper, Inc. provides remote monitoring services for independent oil and gas operators in Texas, New Mexico, and Oklahoma. It provides its services through a Web interface. The company was founded in 2001 and is based in Albuquerque, New Mexico with sales offices in Midland, Texas; and Denver and Dallas, Colorado.

TruTouch Technologies

Venture Round in 2007
TruTouch Technologies, Inc. specializes in the development and manufacturing of noninvasive alcohol testing systems aimed at enhancing worksite safety. Established in 2005, the company is headquartered in Sudbury, Massachusetts, with a research and development facility in Riverside, California. Its flagship product, the TruTouch system, employs biometric technology to assess blood alcohol content through the skin while confirming user identity. The company's offerings cater to various sectors, including energy, transportation, warehousing, and community services, and are utilized for applications such as employee screening, medical diagnostics, law enforcement, and workplace safety. By providing accurate and real-time alcohol measurement solutions, TruTouch Technologies plays a crucial role in promoting safety and compliance in various environments.

Altela

Seed Round in 2006
Altela offers a range of water desalination and decontamination solutions with the use of its patented technology. Its product portfolio includes fluid waste reduction, waste-to-asset conversion, water desalination, and integrated services. Altela was founded in 2005 and is based in Colorado, United States.

SpaBoom

Series A in 2006
SpaBoom is a business-to-business play that specializes in ecommerce functionality for service-based organizations, helping these organizations realize greater revenues and business leads from the Internet. BoomTime's initial services include robust Instant Gift Certificate functionality, Dynamic Websites, and an Appointment Request feature. Service-based companies have been traditionally under-served on the Internet, since it's difficult to "buy a massage" over the Internet. Given that the service-based sector is the largest sector in the US and world economies, and general public acceptance of the Internet for business transactions has steadily increased over the years, SpaBoom is well positioned for growth. SpaBoom is one of several brands the company uses to reach niche markets. The other brands are [CoverBoom](www.coverboom.com) and [BoomTime](www.boomtime.com), for restaurants and the horizontal market, respectively. SpaBoom first tested the concept of Instant Gift Certificates with spas and salons, due to the perceived importance of gift certificates (up to 30% of their business) and Internet leads to these organizations. It was discovered that almost one-half of gift certificate purchasers wait to buy until the last 48 hours of a holiday or event. Providing an instant gift capability has allowed SpaBoom customers to greatly increase their sales by catering to the last-minute purchaser, where the delays associated with manual fulfillment and/or postal mail is nonexistent. In 2006, SpaBoom started work on a distribution model, that enables it to sell the Instant Gift Certificates of its clients and push the inventory of Instant Gift Certificates to other distribution networks. SpaEmergency (www.spaemergency.com) was formed in 2006 to sell Spa and Salon Instant Gift Certificates, and a strategic relationship with Zagat Survey (www.zagat.com) was formed in 2008 for its CoverBoom clients. By July, 2008, SpaBoom boasts over 10% of the Spa market with 2,600 spas and salons in North America. It is anticipated that CoverBoom will boast over 1,000 restaurants by the end of 2008.

Sevence

Venture Round in 2006
Sevence doing business as BoomTime, sells instant and online gift certificates for its customer's Website visitors. It also involves in the online management of the existing in-store gift certificates and appointment requests, processing of gift certificates, and updating its customer services. The company is based in Albuquerque, New Mexico.

Wellkeeper

Venture Round in 2006
Wellkeeper, Inc. provides remote monitoring services for independent oil and gas operators in Texas, New Mexico, and Oklahoma. It provides its services through a Web interface. The company was founded in 2001 and is based in Albuquerque, New Mexico with sales offices in Midland, Texas; and Denver and Dallas, Colorado.

TruTouch Technologies

Venture Round in 2005
TruTouch Technologies, Inc. specializes in the development and manufacturing of noninvasive alcohol testing systems aimed at enhancing worksite safety. Established in 2005, the company is headquartered in Sudbury, Massachusetts, with a research and development facility in Riverside, California. Its flagship product, the TruTouch system, employs biometric technology to assess blood alcohol content through the skin while confirming user identity. The company's offerings cater to various sectors, including energy, transportation, warehousing, and community services, and are utilized for applications such as employee screening, medical diagnostics, law enforcement, and workplace safety. By providing accurate and real-time alcohol measurement solutions, TruTouch Technologies plays a crucial role in promoting safety and compliance in various environments.

ZTEC Instruments

Venture Round in 2004
ZTEC Instruments is a manufacturer of innovative modular wireless test products, located in Albuquerque, New Mexico and Orlando, Florida.
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