Veteran entrepreneur tapped to lead NM investor group - Albuquerque Journal

Veteran entrepreneur tapped to lead NM investor group

Drew Tulchin

The New Mexico Angels have named veteran investor and entrepreneur Drew Tulchin as its new president, the group announced Wednesday.

Tulchin, 50, brings 25 years of professional experience in building startups, supporting entrepreneurs and creating innovation ecosystems in New Mexico and other states, said NM Angels board chair Sherman McCorkle.

Former Angels president John Chavez stepped down last spring to pursue other opportunities, paving the way for new leadership.

“Drew is the third president to take the reins since the NM Angels’ inception 20 years ago,” McCorkle said. “He’s a seasoned, successful investor and entrepreneur.”

The Angels unite individual investors to pool their resources, providing seed and early-stage capital to startup companies. They’ve played a prominent role in New Mexico since incorporating in 2000, particularly after the 2008-2009 recession, when most institutional venture investment dried up. The Angels helped fill a void in seed and early-stage capital for local startups in the post-recession years.

Now, with so many businesses suffering in the global pandemic, Tulchin wants the Angels to play a similar role going forward.

“The Angels represent a collective effort by local people to build up local companies, and with COVID-19, it’s even clearer now how much we need to work together to make a difference,” Tulchin told the Journal. “We need group efforts to overcome the pandemic, make our economy work, and help our local startups be successful.”

A North Carolina native, Tulchin relocated to New Mexico about 12 years ago to unite with his then-future wife, a long-time resident of Santa Fe. The couple recently celebrated their 10th wedding anniversary there.

Tulchin has invested in a number of local startups, including artist collaborative Meow Wolf, interactive digital entertainment company Electric Playhouse, sustainable green construction firm B.Public Prefab, and Parting Stone, which turns cremated remains into memorial stones for loved ones. He’s now helping Albuquerque-based Build with Robots to raise capital.

He’s also an avid volunteer, providing guidance and mentoring to dozens of existing and aspiring entrepreneurs and promoting economic development through local organizations, including membership on WESST’s board and on Acoma Pueblo’s Business Advisory Council.

Tulchin earned an MBA from the University of Washington and an undergraduate degree in history and international relations from Washington University. He’s worked in public, private and philanthropic activities in 50 countries, and is fluent in Spanish and French.

The NM Angels went on hiatus after the coronavirus broke out last spring. But with Tulchin at the helm, it’s now reinitiating activities online.

“The NM Angels are open for business again,” Tulchin said. “If people have startup efforts, we can work with them to help make it successful.”


Home » Business » Money » Veteran entrepreneur tapped to lead NM investor group

Insert Question Legislature form in Legis only stories

Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email

taboola desktop

ABQjournal can get you answers in all pages


Questions about the Legislature?
Albuquerque Journal can get you answers
Email addresses are used solely for verification and to speed the verification process for repeat questioners.
Sweet smell of success: State law now declares an ...
ABQnews Seeker
New Mexico now has an official ... New Mexico now has an official state aroma. But a song will have to wait
Bubblegum and Jeff: Students name fish before releasing endangered ...
ABQnews Seeker
Montessori Elementary students joined ecology experts ... Montessori Elementary students joined ecology experts on Tuesday morning to learn about water use and endangered species through hands-on activities at the Rio Grande ...
Lindsay Fattor named director of operations at Rainbow Ryders
ABQnews Seeker
BRIEFCASE: She has been with Rainbow ... BRIEFCASE: She has been with Rainbow Ryders since 2015.
New Mexico court upholds Native American actor convictions
ABQnews Seeker
SANTA FE, N.M. (AP) -- The ... SANTA FE, N.M. (AP) -- The New Mexico Court of Appeals has upheld the rape and voyeurism convictions of Native American actor and film ...
Blue Cross and Blue Shield of New Mexico names ...
ABQnews Seeker
In Smith-Leslie's new role, which began ... In Smith-Leslie's new role, which began Monday, she will oversee BCBSNM's "strategic direction and overall operations for the New Mexico Medicaid division."
Albuquerque Poet Sara Daniele Rivera wins First Book Award
ABQnews Seeker
NEW YORK (AP) -- A Cuban-Peruvian ... NEW YORK (AP) -- A Cuban-Peruvian poet from New Mexico has won the Academy of American Poets' First Book Award. Sara Daniele Rivera will ...
One dead in Northeast apartment complex fire
ABQnews Seeker
One person died in a Northeast ... One person died in a Northeast apartment complex that caught on fire early Tuesday. 
Migrants start fire at Mexico detention center, killing 40
ABQnews Seeker
MEXICO CITY (AP) -- Migrants fearing ... MEXICO CITY (AP) -- Migrants fearing deportation set mattresses ablaze at an immigration detention center in northern Mexico, starting a fire that killed at ...
Arriba Birria! 5 birria spots around Albuquerque
ABQnews Seeker
5 places to get your birria ... 5 places to get your birria fix