New Louisiana Angel Fund

Overview

The New Louisiana Angel Fund (NLAF) is a prominent angel investment group dedicated to fostering the growth of early-stage companies in North Louisiana. Established in 2014, NLAF aims to provide capital and mentorship to startups across various industries, including technology, healthcare, manufacturing, and more. The fund operates as a syndicate, pooling resources from accredited investors to support high-growth businesses in the region. NLAF has launched multiple funds, with NLAF 1 and NLAF 2 being fully invested. In 2024, NLAF 3 was formed with $3.1 million raised from 70 investors, continuing the mission to promote high-growth startup opportunities headquartered in North Louisiana. The fund's strategy involves syndicating with investor groups in cities like New Orleans, Austin, Dallas, Houston, and Baton Rouge, providing additional funding opportunities for its portfolio companies. The fund's investment approach focuses on early-stage companies, offering investments ranging from $100,000 to $5 million. By collaborating with local universities and institutions, NLAF also engages students and faculty in the due-diligence process, fostering a vibrant innovation ecosystem in the region. This collaborative approach ensures that NLAF remains a vital resource for entrepreneurs seeking to scale their businesses in North Louisiana.

Investment Focus

• Accredited investors
• High-growth startups
• North Louisiana region