Vermilion Consulting

What Vermilion Consulting does

Vermilion Consulting is a privately held, Santa Fe-based economic consulting firm founded in 2011 by Kim Atteberry, the former Chief Economist of U.S. Citizenship and Immigration Services (USCIS, 2009-2011). The firm provides specialized services to participants in the EB-5 Immigrant Investor Program, producing Targeted Employment Area (TEA) Analyses and Designation Letters, Matter of Ho compliant business plans, and economic impact studies that estimate direct, indirect, and induced job creation for EB-5 regional center and project applications. Core technical work is performed using established econometric models (RIMS II, IMPLAN, REMI, REDYN) and GIS-based geographic analysis, with deliverables designed to be filing-ready under current USCIS adjudication standards.

The firm operates as a boutique professional services practice. It is staffed by four named principals (founder Kim Atteberry as President, founding partner Chris Atteberry, and managing partners Ian Perry and Maddy Atteberry) and serves enterprise clients across five primary segments: EB-5 Regional Centers, real estate developers and project sponsors, immigration attorneys, investment banks/broker-dealers/private equity firms, and state and local government entities. Vermilion does not disclose pricing; engagements are project-based and scoped via direct client meetings initiated through a "Request a Meeting" contact form on its website. Marketing is built almost entirely on principal-led thought leadership, including podcast appearances on EB-5 Investment Voice and the Investment Migration Report, white papers, and the recurring Top 5 EB-5 Economists recognition from EB5 Investors Magazine (2018-2024). The firm reports having guided hundreds of projects and tens of billions of dollars of EB-5 investment over the past four years.

Revenue, ownership, and detailed financial metrics are not publicly disclosed. Vermilion Consulting LLC is structured as an LLC with no parent company, external institutional investors, or venture capital backing identified in the available material. The firm has no patents, no disclosed software products or APIs, and no announced acquisitions, partnerships, or funding rounds; its sole strategic moves on record are the staged promotions of Ian Perry and Maddy Atteberry to Managing Partner in 2020 and 2022, respectively.

Name

Vermilion Consulting

Legal name

Vermilion Consulting LLC

Website

https://consultvermilion.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Vermilion Consulting is a Santa Fe-based boutique economic consulting firm that produces TEA designation letters, Matter of Ho compliant business plans, and job creation analyses for EB-5 regional centers, developers, immigration attorneys, financial institutions, and government clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Santa Fe

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. EB-5 Economic Consulting Services: Professional consulting services for EB-5 economic impact analyses, business plans, and TEA assessments. Services are project-based and tailored to USCIS compliance requirements for regional center and project applications.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Vermilion Consulting is a full-service economic consulting firm specializing in the EB-5 Immigrant Investor Program. The firm delivers EB-5 economic impact analyses, Matter of Ho compliant business plans, Targeted Employment Area (TEA) analyses and designation letters, job creation modeling, and regional center application support. Deliverables strictly conform to USCIS guidelines and are produced as turnkey reports suitable for immediate filing.

Product overview

Vermilion Consulting is a full-service economic consulting firm offering a unified suite of EB-5 Immigrant Investor Program services. The core offering centers on three interrelated products: EB-5 Economic Impact Analyses (using econometric models such as RIMS II, IMPLAN, REMI, and REDYN to calculate job creation), Matter of Ho Compliant Business Plans, and Targeted Employment Area (TEA) Analyses & Designation Letters. Supporting services include preliminary job-creation calculations, regional center application assistance, fiscal and economic impact studies, strategic and master plans, labor market studies, and economic development reports. The company positions these as turnkey, filing-ready products designed for USCIS compliance.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Guided hundreds of projects worth tens of billions of dollars invested over the past four years
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• EB5 CapitalminorOthers · 26 February 2025Colleagues at EB5 Capital issued a statement in response to President Trump's 'Gold Card' announcement. EB5 Capital is a separate EB-5 regional center operator. Vermilion Consulting shared this industry news but the relationship appears to be peer/colleague network rather than formal partnership.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Others

• EB5 Capital: EB-5 regional center operator referenced as a peer/colleague in Vermilion's own news posts. Operates within the same EB-5 ecosystem but as a sponsor/investor rather than an economic consultant, making it an adjacent ecosystem participant that consumes but does not compete with Vermilion's services.
• Lightcast: Labor market data and analytics provider (formerly EMSI) that supplies the regional employment statistics and occupational data underpinning EB-5 TEA analyses and labor market studies. An ecosystem data vendor for EB-5 economic consultants and broader economic impact practitioners.
• IMPLAN: Provider of the IMPLAN economic impact modeling software explicitly listed in Vermilion's econometric methodology stack. Functions as a critical technology enabler and ecosystem input rather than a direct competitor, with multi-region economic impact modeling capabilities that intersect Vermilion's core job-creation offering.
• Regional Economic Models, Inc. (REMI): Provider of the REMI economic modeling platform, also explicitly named among Vermilion's econometric tools. Functions as a technology supplier for economic consulting firms serving government and private-sector clients, including for EB-5 TEA and job-creation analyses.

Broad incumbents

• McKinsey & Company: Global management consulting firm with economic development, infrastructure, and public-sector advisory capabilities adjacent to Vermilion's strategic planning and economic impact offerings, though operating at materially larger scale and without EB-5 specialization.
• KPMG LLP: Big Four professional services firm whose economic advisory and incentives practices serve regional centers, developers, and government entities on fiscal and economic impact analyses that overlap with Vermilion's offerings, though as part of a much larger multi-service portfolio.
• Baker Tilly US: Mid-tier advisory and accounting firm with an economic development and incentives practice that competes for fiscal impact, labor market, and economic development studies against Vermilion's non-EB-5 service offerings, particularly for state and local government RFPs.
• EY-Parthenon: Strategy and transaction advisory arm of EY that includes economic impact analysis, deal structuring, and site-selection work similar to Vermilion's offer, but typically at much larger enterprise scale, broader industry coverage, and with cross-border reach.
• Mona Shah & Associates Global: Prominent EB-5 immigration law firm whose founder hosts the EB-5 Investment Voice podcast where Vermilion partners regularly appear. Operates in the same EB-5 services ecosystem but in legal representation rather than economic consulting, often serving overlapping regional center, developer, and investor clients.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vermilion-consulting-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vermilion Consulting