Table of content[
hide ]
The tech sector in Louisiana is known for its exceptional growth. According to a report byCompTIA, the state saw an increase of nearly 1,200 IT jobs in 2019 alone with the tech sector contributing to more than $7 Billion.
With such growth, there is no doubt that Louisiana is being backed by some big VC/AM Firms. However, not all startup investors have identical interests which makes it quite hard to connect with the right people.
To ease your founder journey, we have prepared the following list of the most active startupinvestors in Louisianawho invest in the IT sector.
Discover the List of Top 8 Startup Investors Who Fund IT Startups in Louisiana
| Investor Name | Focused Sectors | Funding Stages | Notable Investments | Total Investments |
|---|---|---|---|---|
| LongueVue Capital | Healthcare, Transportation & Logistics, Specialty Manufacturing, Industrial Service, Consumer, Food & Beverage, Specialty Packaging | Series B | ECA Medical, KPS Life, Ascent Aviation Services | Over $500M |
| Sisung Capital | Telecommunications, Print Manufacturing, Construction Services, Oil & Gas, Healthcare, Media, Government Services | Seed | — | Around 100 startups |
| Voodoo Ventures | IT | Early | Launch Pad, Flatstack | Around 50 startups |
| Revelry Venture Partners | Tech | Seed | RxRevu, AxoSim | — |
| Forty5 Ventures | Consumer Products | Early and Seed | ScholarCHIPS, Kinvolved | Over 20 startups |
| Camelback Ventures | Tech | Early and Seed | ScholarCHIPS, Kinvolved | Over 100 startups |
| New Orleans Startup Fund | Media, Technology, Healthcare, Food & Beverages, Education, Software, Consumer Products | Early | mSchool, MobileQubes | — |
| Vxg Capital | IT, Renewable Energy, Clean Technology, Energy Efficiency | Seed | — | ~$4M average deal size |
On to the list now!
LongueVue Capital
- Contact: Contact | LongueVue Capital (lvcpartners.com)
- Website : LVC | LongueVue Capital (lvcpartners.com)
- Focused Sectors: Healthcare, Transportation & Logistics, Specialty Manufacturing, Industrial Service, Consumer, Food & Beverage, Specialty Packaging
- Funding Stages: Series B
- Present in: Louisiana
- Notable Investments: ECA Medical, KPS Life, Ascent Aviation Services
Founded in 2001, LongueVue Capital is a private equity and venture capital firm based in New Orleans. With over $500 million in assets under management, LongueVue Capital is one of the biggest AM/VC firms in Louisiana.
The investors are quite strict and only invest in startups that are being led by experienced founders, strong management teams, and can generate 10-15x ROI.
The firm’s investments typically range from $10 million to $50 million, targeting companies with revenues between $10 million and $100 million.
Sisung Capital
- Contact: Contact Us | Sisung Group
- Website: The Sisung Group Financial and Development Services
- Focused Sectors: Telecommunications, Print Manufacturing, Construction Services, Oil & Gas, Healthcare, Media and Government Services Sectors
- Funding Stages: Seed
- Present in: Louisiana
Sisung Capital, founded in 1985 by Gregory F. Sisung is one of the most famous VC firms in Louisiana. The network has funded around 100 startups with a strong focus on tech businesses.
When funding startups, the investors from Sisung Capital prioritize early to growth-stage companies with a strong market presence and a clear path to scalability. They prioritize startups with innovative solutions.
The investment range of Sisung Capital can range up to $2M.
Voodoo Ventures
- Contact: cschultz@voodooventures.com
- Website: Voodoo Ventures
- Focused Sectors: IT
- Funding Stages: Early
- Present in: Louisiana
- Notable Investments: Launch Pad and Flatstack
Voodoo Ventures, established in 2007 by Chris Schultz, is an active venture capital firm. The firm is known for its hands-on approach and has funded around 50 startups in the last decade.
Like most other investors in the state, Voodoo Ventures focuses on tech-driven companies with strong products and the potential to disrupt their relative markets. Their average check size is around $500,000.
Revelry Venture Partners
- Contact: Contact Our Product Development Company | Revelry
- Website: Revelry, Software Development To Help You Succeed And Scale
- Focused Sectors: Tech
- Funding Stages: Seed
- Present in: Louisiana
- Notable Investments: RxRevu and AxoSim
Operating since 2012, Revelry Venture Partners is a well-known venture capitalist and product developer. The network was founded by Gerard Ramos and has invested in many high-growth startups.
While making investments, the firm focuses on early-stage companies with a clear path to product-market fit and scalable operations. Although they are known for having a broad interest in the tech sector, RVP also invests in industries such as fintech, healthcare, and logistics.
The investment range of Reverly Venture Partners can range up to $5M.
Forty5 Ventures
- Contact: 45ventures | Contact us (forty5ventures.com)
- Website: 45ventures | Home (forty5ventures.com)
- Focused Sectors: Consumer Products
- Funding Stages: Early and Seed
- Present in: Louisiana
- Notable Investments: ScholarCHIPS and Kinvolved
Founded in 2015 by a group of investors, Forty5 Ventures is one of the most active venture capital firms in Louisiana.
The investors prioritize companies that introduce the latest products, solve consumer problems, and have scalable prices (15%-20% lower than the competition). Ever since its inception, Forty5 Ventures has invested in more than 20 companies with around 5 successful exits.
The investment range of Forty5 Ventures can range up to $1M.
Camelback Ventures
- Contact: Camelback Ventures
- Website: Camelback Ventures
- Focused Sectors: Tech
- Funding Stages: Early and Seed
- Present in: Louisiana
- Notable Investments: ScholarCHIPS and Kinvolved
Camelback Ventures is a social impact-focused tech venture firm dedicated to supporting underrepresented entrepreneurs. The network was founded in 2013 by Aaron Walker and is headquartered in New Orleans.
Camelback Ventures has a mission to create a more equitable tech entrepreneurial landscape by providing capital, mentorship, and resources for entrepreneurs from different races.
To date, the venture capital firm has supported over 100 entrepreneurs and usually invests in companies that can promise profitability and have low competition. The investment range of Camelback ventures can range up to several million dollars.
New Orleans Startup Fund
- Contact: Apply — New Orleans Startup Fund
- Website: New Orleans Startup Fund
- Focused Sectors: Media, Technology, Healthcare, Food & Beverages, Education, Software, Consumer Products
- Funding Stages: Early
- Present in: Louisiana
- Notable Investments: mSchool and MobileQubes
The New Orleans Startup Fund, founded in 2010, is a nonprofit venture fund dedicated to accelerating the growth of early-stage, high-potential startups in the Greater New Orleans region.
Like most other startup investors, NOSF focuses on helping entrepreneurs boost their startup's growth through different startup events. They also arrange pitching competitions and fundraisers to help early-stage businesses thrive and get the required investment.
The average check size of the New Orleans Startup fund ranges between $10,000 to $100,000.
Vxg Capital
- Contact: Contact (vxgcapital.com)
- Website: Home (vxgcapital.com)
- Focused Sectors: IT, renewable energy, clean technology, and energy efficiency
- Funding Stages: Seed
- Present in: Louisiana
Founded in 2017, Vxg Capital is a VC firm that specializes in the energy, tech, and sustainability sectors. Headquartered in New Orleans, Vxg Capital is focused on backing companies that are developing innovative solutions to the world’s most pressing energy challenges.
They love to invest in startups that are solving modern problems through using IT platforms and have sustainable business models. They usually invest in early to mid-stage startups with a strong focus on startups with an addressable size of $50M-$250M.
The average check size of Vxg Capital is around $4M.
How To Type a Perfect Cold Email To Schedule an Investor Meeting?
Once done with selecting the perfect VC firm for your startup idea, the next big challenge comes with scheduling a meeting. Although cold emails have a decent success rate, writing them can be a little difficult.
Here are 3 strategies that will help you typean effective cold email.
1. Personalized Emails Always Do Wonders
It sounds easy to just speedily type an email and forward it to 5-10 favorite leads.
But trust us, it’s not effective.
Investors receive countless emails daily, so a generic approach won’t cut it. Start by researching the investor’s background, interests, and recent investments. Manage to snowball the discussion and talk about the core reason for you to reach out.
2. Get Straight to the Point
There’s a lot uncommon between building up a spicy story and using the same catchphrases like: “Revolutionary Innovation”
Most investors hear this multiple times a day and would likely tune out at the sound of these overused phrases.
Start with a strong subject line that clearly states the purpose of your email, such as “Innovative IT Solution in Louisiana – Request for a Meeting.”
In the body of the email, introduce yourself and your startup in the first few sentences. Follow this with a brief explanation of what makes your startup unique in the IT space.
3. Include a Clear Call to Action
End your email with a clear call to action. Your CTA should be specific, such as requesting a 15-minute meeting at a time that’s convenient for them.
For example, “I would love to discuss how we can work together. Are you available for a brief call next Tuesday at 10 AM or Thursday at 2 PM?”
Wrap-Up:
There comes an end to our detailed list of the top 8 startup investors in Louisiana.
Although we’ve given you a perfect, well-researched list of the best investors in Louisiana, don't just stop there!
Always do your own research and understand the likes/dislikes of different startup investors.