About the New Mexico Angels
The state of entrepreneurialism in New Mexico is at an all time high. With startup companies being funded in the very early stages, businesses are flourishing and crucial resources are being utilized. In order to continue moving the state forward, we need to celebrate our successes and promote our progresses. Yes, we have gaps in the system, but more importantly there is capital to invest and there are talented people creating change. As a community, we need to focus on positive movement to keep the momentum going – it is what we do within our organization and what we promote back into the ecosystem.
Our Team & Board
The only New Mexico based group of individual accredited angel investors focused on investing in early-stage companies in the Southwest.
SHERMAN MCCORKLE, CHAIRMAN
Sherman McCorkle is President and Chief Executive Officer of Technology Ventures Corporation and has served in this capacity since the company’s inception in 1993. He is a founder and Charter Director of New Mexico Bank and Trust.
He currently serves on several boards including: United Way of America; National Trustee, National Jewish Medical Research Center; Chairman of the Board, Albuquerque Economic Development; Chairman of the Board Kirtland Partnership Committee and Vice Chair of the Board and Director, Albuquerque Hispano Chamber of Commerce.
He is the recipient of several awards including: Arthur Spiegel Lifetime Achievement Award; The New Mexico Distinguished Public Service Award; Industrial Developer of the Year, New Mexico Industrial Development Executive Association; The Albuquerque People’s Choice Favorite Community Leader Award (1997, 1999 and 2000) and The Martin Luther King Freedom Award to name a few.
Sherman was President and CEO of Sunwest Credit Services Corporation and a founder and Charter Director of Plus System Incorporated, the World’s largest retail electronic banking corporation. He served three years for the American Bankers Association on the Select Committee on the Uniform Commercial Code of the United States. Sherman is an Honors Graduate of the Colorado Graduate School of Banking at the University of Colorado. Active in the outdoors, he is an avid snow skier, speedboat pilot, Harley rider, and marathon runner, and can be found on horseback in the Manzano Mountains.
PAUL BUTLER, BOARD MEMBER
Mr. Butler recently formed Azrael Partners to improve the success rate of startups and new lines of business in larger companies. Azrael Partners practice areas include; business strategy development, offering and business model design and vetting (Customer Development), product and service strategy, operational development and scaling, key Customer business development, pivots, turnarounds, and board adviser
In 2006 Mr. Butler joined Lumidigm, a biometric solutions company, and became its Chief Operating Officer in 2008. Lumidigm was successfully sold to ASSA ABLOYs HID Global Business unit in February 2014. Mr. Butler became the general manager of the HID Global Biometrics Business unit and was responsible for maximizing revenue, growth and profitability of the business. In 2014 he successfully integrated the Lumidigm Business into HID global while driving 62% revenue growth.
Mr. Butler has worked in the technology sector for 35 years in a wide range of industries and businesses with 26 of those years in senior and executive level management positions. He has worked extensively with executive teams to identify new business opportunities and capitalize on those opportunities as well as improve the operational performance of existing businesses. Shaping new business opportunities and business models with diverse teams and early stage Customer involvement has been a key to his successes. This approach is now called Customer Development (ref: Steve Blank, 2013).
SUSAN EVATT, BOARD MEMBER
Since “retiring” to Corrales from Philadelphia in 2011, Sue has become an angel investor, entrepreneur, mentor and advisor to early stage businesses and organizations in this community. She has a broad technical and management background in nuclear power, aerospace and technology based economic development.
Sue’s entire career has revolved around entrepreneurship. She joined a group of engineers and scientists at the Franklin Research Center after graduating from the University of Delaware in 1980, developing digital signal processing applications for rotating machinery vibration analysis. This work was foundational to the startup of Liberty Technologies, where she served in various management roles until the company ultimately went public and was acquired.
Sue then moved on to Smiths Industries Aerospace, where she served as Primary interface for the US Army, Italian Army, Augusta Helicopters, and Raytheon Missile Systems in the development of integrated helicopter systems. When her division was moved to Grand Rapids, she decided to make a career change and became VP Technology Commercialization for the Ben Franklin Technology Partners of Southeastern Pennsylvania. Her team secured federal and state funding to foster emerging technology initiatives among universities, public and private research institutions, federal, state and local agencies, large and small companies.
Sue currently serves as a Director and Managing Member of Vara Wines in Albuquerque, and she joined the New Mexico Angels board in June, 2020. She is past President of the Corrales Cultural Arts Council, incoming President of Corrales Main Street, and has served on the boards of the UNM Anderson Foundation, NAWBO Northern New Mexico, and the UNM Anderson Parker Center for Family Business.
CORY FORD, BOARD MEMBER
Corey Ford, MD, PhD is Professor of Neurology at the University of New Mexico Health Sciences Center in Albuquerque. He has a PhD degree in Biophysics from the University of Texas Health Sciences Center at Dallas and attended medical school at the University of Virginia. He is the Sr. Associate Dean for Research at the UNM School of Medicine and established the MS Specialty Clinic in 1988 to focus on providing neurological evaluations and treatment for people with MS. His major academic focus is phase 1, 2, and 3 clinical trials for development of new treatments for multiple sclerosis. He has been an active member of the New Mexico Angels since 2014 and was appointed to the Board of Directors in July 2020.
ELIZABETH KUUTTILA, BOARD MEMBER
Ms. Kuuttila joined Science and Technology Corporation in 2003 with more than 20 years of leadership experience in technology commercialization and licensing. This includes positions as Assistant Vice President for Technology Commercialization at Purdue Research Foundation; Director, Technology Commercialization, University of Georgia; Director, Office of Technology Commercialization, Center for Advanced Technology Development, Iowa State University.
Her prior experience includes a consulting practice that provided strategic marketing and technology transfer consulting services for a wide variety of well-known technology corporations, universities and foundations, including Stanford University. Lisa began her career in industry in several engineering and technology marketing positions.
Ms. Kuuttila has exhibited exceptional skills in the marketing and start-up company aspects of technology commercialization, having significantly increased the number of spin-off companies at each university she has served. She has substantial expertise in university-based equity transactions. She managed the seed capital venture fund on behalf of Purdue Research Foundation, making investments in Purdue start-ups. She has published extensively in her field and has made presentations throughout her career at AUTM, AURRP, the Licensing Executives Society, the Association of University Related Research Parks and other regional and national conferences and forums.
DEBORAH PEACOCK, BOARD MEMBER
Deborah A. Peacock received her B.S. in Metallurgical Engineering from the Colorado School of Mines in 1978 and her J.D. from Harvard Law School in 1985. Deborah was admitted to the New Mexico Bar in 1985 and the Colorado Bar in 2001.
She is a Registered Patent Attorney with the U.S. Patent and Trademark Office and is also a registered Professional Engineer in New Mexico and Colorado. Since 1988, along with Jeffrey D. Myers, Deborah has headed the largest group of intellectual property attorneys in private practice in New Mexico at Peacock Myers, P.C.
Deborah is a well-known and experienced intellectual property practitioner, and has been so recognized by inclusion in Best Lawyers in America and is AV rated by Martindale-Hubbell (certifications derived from national lawyer survey). Her primary areas of practice include licensing and other intellectual property agreements, intellectual property and business strategies, angel and venture capital investment in technology companies, patents, trademarks, and copyrights (U.S. and international), representing major universities, Sandia National Laboratories, museums, numerous companies, venture capital groups, and individuals for all phases of business and intellectual property work.
Prior to practicing law, Deborah worked in the mining industry in the United States and Tasmania (Australia). She was employed as a metallurgical engineer and front-line foreman at several mining and metals processing facilities.
Deborah is past President and on the Board of Explora, and is also on the Boards of the New Mexico Angels, the Association of Commerce and Industry, the International Women’s Forum (New Mexico), and The Nature Conservancy. She has received the prestigious Governor’s Award for Volunteerism, the YWCA “Women on the Move” award, and the New Mexico Business Weekly Power Broker award. Deborah is also a member of the National Society of Professional Engineers, Albuquerque Economic Development, and New Mexico Amigos. She has served as an Advisor to the Technology Ventures Corporation since its inception (15 years). And, in her spare time, Deborah is a percussionist with the Albuquerque Concert Band.
Deborah and her husband, Nate Korn, have invested through the New Mexico Angels and privately, in approximately 10 angel and venture capital deals. Nate keeps saying “Not another one” but then ends up being quite enthusiastic.
DORIAN RADER, BOARD MEMBER
As the managing partner of NMA Ventures, Dorian may be the youngest fund manager in State history, but her experience speaks beyond her years. Rader served as a Senior Associate for the international VC firm, Village Capital, was a a General Partner with Rio Vista Growth Capital, a New Mexico mezzanine fund, and Angel In Residence at Sandia National Laboratories.
Additionally, as the former Vice President of the New Mexico Angels, she worked to source high growth investment opportunities, managed investments, and the due diligence process for almost a decade. She was also the Executive Director and co-founder of New Mexico Start-Up Factory, a technology transfer organization, paired with an investment fund that licenses innovations from research institutions to create investable high-tech companies. An experienced water entrepreneur herself, Dorian has launched 14 high-tech companies. With a background in finance and operations, she has a proven track record of taking companies from idea to industry, while ensuring the formation of a stable and fiscally responsible corporate infrastructure.
Dorian advises and coaches entrepreneurs on equity investments across many different organizations in New Mexico and Colorado. She earned a B.A. from the University of New Mexico Anderson School of Management Operations with a focus on Entrepreneurial Studies. Together with her husband Keefer Rader, they own the premier radiant heating company, Outlaw Mechanical – The Boiler Experts of New Mexico & Colorado. They also have a daughter and many animals.
JOHN RICE, BOARD MEMBER
John Rice is President of ASiQ, a firm specializing in executing business turnarounds, launching successful startups, and positioning firms for exit through sale to strategic merger or acquisition.
He is an experienced serial entrepreneur, executive, and venture capital investor. He frequently serves as CEO of start-up or turnaround ventures. His companies have provided capital and management assistance to start-up and/or under-performing companies and have negotiated spin-offs and sales for investor exit.
Successful companies have included enterprises in manufacturing of electronics, jet engine test equipment, black boxes, and industrial overhead cranes, as well as in radio, television, cable television, print media, home health care, electronic medical claims filing, Internet accessible medical information and services, distribution of foods, home improvement products, industrial security, and regional satellite communications. He received his BA with honors from Harvard University.
TRAVIS STEELE, BOARD MEMBER
Travis Steele serves as VP of Business Development and General Counsel for Abo Empire, LLC, as well as several of Abo Empire’s portfolio companies. Travis is actively involved in the legal and business development activities for Eden Radioisotopes, LLC, Helios Water Technologies, LLC, Vara Assets, LLC, Abo Petroleum, and JAY Land, among others.
He maintains primary responsibility for sourcing, analyzing, and negotiating all Abo Empire investment activities. He has extensive experience in corporate governance, acquisition and combination transactions, and private business strategy and planning, including corporate formation, structing, and organization. He also is well-versed in the representation of investment groups in property acquisition and disposition transactions and related financing matters. Prior to going in-house, Travis was a partner at Butler Snow, LLP, where he served as outside general counsel to a number of New Mexico and regional businesses in the energy, government contracting, healthcare, construction, and manufacturing industries. Additionally, he advised clients on licensure, regulatory and litigation matters, including False Claims Act investigations.
Travis has been recognized as a Southwest Super Lawyers® Rising Star, and he is AV-rated by Martindale-Hubbell. He obtained his J.D. from Pepperdine University and is admitted to the State Bars of New Mexico, California and the Navajo Nation (inactive).
WANETA TUTTLE, BOARD MEMBER
Waneta Tuttle is an innovator, executive, and board member with extensive experience in intersecting spheres of life sciences technology, health care delivery and health insurance. Her corporate experience ranges from start-ups to large (mutual and publicly traded) organizations. Currently she is Fund Manager for an early stage venture capital fund focused on life sciences and healthcare in the Southwest.
RANDY WILSON, BOARD MEMBER
Mr. Wilson currently serves as the CFO of the Sandia Science & Technology Park Development Corporation, a nonprofit foundation that manages the development of the Sandia Science & Technology Park in Albuquerque, New Mexico, and CFO of IX Power Clean Water, a start-up company commercializing water treatment technologies for oil and gas field produced waters.
He is Chair of the Sandia Science & Technology Park Tenant Association and Treasurer of the New Mexico Angels (a private investment group). From 1993 through 2011, Mr. Wilson was Director of Business Operations for Technology Ventures Corporation, a nonprofit Lockheed Martin foundation that commercializes technologies developed in U.S. DOE national laboratories.
Apply to Join the New Mexico Angels
Members of the New Mexico Angels are investors who are looking to move companies forward through funding and coaching by experience.