New Mexico Private Investors, Inc. is an angel investor group specializing in investments in seed and early stage companies. The firm prefers to invest in technology companies with a focus on information technology and life sciences sectors. It does not make investments in consulting and real estate companies. The firm prefers to invest in companies based in New Mexico and can also make investments in the surrounding areas with angel groups. The firm invests between $250,000 and $800,000 per transaction and co-invests in transactions with pre-money valuation of less than $5MM. It seeks to invest in companies that have the potential to exceed the valuation of $100 million within a period of five years. The firm seeks to exit its investments in less than seven years. New Mexico Private Investors, Inc. was founded in 1999 by Mr. George M. Richmond and is based in Albuquerque, New Mexico.