Capital of Albuquerque, New Mexico, Deciens, successfully raises $93 million in investment funds
Deciens Capital Closes Third Fund with $93 Million
Deciens Capital, a venture capital firm based in Albuquerque, New Mexico, has announced the closure of its third fund with $93 million. This brings the firm's total assets under management to $290 million.
Founded in 2017 by Dan Kimerling, Deciens Capital takes a unique approach to investing. Instead of competing with large megafunds in AI or capital-intensive ventures, they focus on early-stage investment in financial services companies with a focus on regulatory change and capital efficiency.
The firm's strategy is to find opportunities arising from evolving financial regulations such as crypto stablecoins, changes in depository institution acquisition, and shifts in the mortgage market. They maintain high conviction and hands-on involvement with portfolio companies, with initial check sizes typically ranging between $2 million and $3 million.
Recent notable investments include fintech companies like Sydecar, Treasury Prime, Chipper Cash, GlacierGrid, Tint, and beatBread. Deciens Capital backs founders reimagining how financial services are created, distributed, and consumed, operating primarily within large, winner-take-all markets.
While the venture capital industry tends to concentrate in hubs like Silicon Valley or New York, Deciens Capital's location in New Mexico offers advantages such as access to less competitive deal flow, potentially lower operating costs, and a distinctive perspective outside traditional financial centers.
In addition to its investment activities, Deciens Capital also offers a free daily email newsletter. The exclusive Business Outlook Newsletter is delivered every Monday and provides exclusive narrative coverage of local trends, industry news, and key economic updates. Readers can also send their business news, announcements, press releases, and photos to the business desk.
For general questions or concerns, readers can email web@our website. The Albuquerque Journal business outlook reporters and editors also accept story suggestions from readers.
With Fund III, Deciens has already started making investments, including in Mexico lender Grupago, electricity trader Generous Energy, and nontraditional mortgage lender June Point Lending. Deciens plans to make up to 12 more commitments in this fund iteration.
Subscribers to the paid version of the Business Outlook Newsletter can manage their lists and access additional features. The paid subscribers-only version of the newsletter is delivered every Monday.
[1] Source: Deciens Capital press release [3] Source: TechCrunch article on Deciens Capital's unique approach to venture capital
- The third fund of Deciens Capital, a New Mexico-based venture capital firm, focuses on early-stage investment in financial services companies, particularly those dealing with regulatory change and capital efficiency.
- Deciens Capital's strategy involves finding opportunities in evolving financial regulations, such as crypto stablecoins, changes in depository institution acquisition, and shifts in the mortgage market.
- Apart from investments, Deciens Capital provides a free daily email newsletter, the Business Outlook Newsletter, which covers local trends, industry news, and key economic updates.
