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Thomas J. Stephenson
Chairman

Mr. Stephenson is the Managing General Partner of the Verge Fund, based in Albuquerque, New Mexico, a role he has held since co-founding the firm in 2004. During that time, he has been instrumental in fundraising, operations, deal sourcing, and portfolio development. Verge Fund currently manages two families of funds, with over $40M raised across those funds. The funds have invested in 22 companies since inception. Mr. Stephenson currently represents Verge Fund as a board member for portfolio companies Altela, boomtime, Pajarito Powder, TruTouch Technologies, Slipstream and Vibrant. He is the Chairman of the Board of TruTouch Technologies, and Chairman and CEO of Pajarito Powder, which he co-founded in 2012.
Prior to co-founding Verge Fund, Mr. Stephenson had been a General Partner of various funds of Murphree Venture Partners of Houston, Texas. He joined Murphree Venture Partners in 1997 to open their New Mexico office after serving as the Director of Education and Research for the Austin Technology Incubator (ATI), a world-recognized leader in fostering the development of high-technology start-up companies. At ATI, he prepared entrepreneurs for raising angel and venture capital, evaluated businesses for entry into the incubator, and provided business consulting to ATI companies.
Additionally, Mr. Stephenson has served as an invited speaker to the National Business Incubation Association’s National Conference and assisted the Russian Academy of Market Management’s Morozov Project in the formation of six pilot incubators in that country by providing on-site advice, generating local government support, and authoring their “Incubator Operations Manual.”
Mr. Stephenson received his M.B.A. from the McCombs School of Business at the University of Texas at Austin, and his B.A. in Physics at Rice University. He also serves as an adjunct faculty member at New Mexico Tech, teaching a course in Organizational Entrepreneurship. Stephenson also serves as a Board Member of the New Mexico Association of Commerce and Industry and the New Mexico Venture Capital Association and has previously served as a Board Member and Chairman of local economic development groups Coronado Ventures Forum and the New Mexico Technology Council.