Top Louisiana Healthcare Startup Investors

The healthcare industry has been the fastest-growing sector in Louisiana for the past 5 years. It accounted for 16% of the total state employment and generated more than $15.6 Billion in 2023.

And without any surprises, the same healthcare ecosystem has seen a lot of funding from the investor community. From private equity firms to venture capitalists, Louisiana certainly is a hub for healthcare investors.

That’s why, in today’s article, we will be discussing some of the top-ranked startup investors in Louisiana.

Here Are The
Top 8 Startup Investors in Louisiana Who Fund Healthcare Startups

Moving straight on to the list!

Techstars Healthcare Accelerators

• Contact: Apply | Techstars
• Website: Techstars New Orleans powered by J.P. Morgan
• Focused Sectors:  Pharmaceuticals, Medical Devices, Biotechnology, Healthcare IT, Insurance, Clinical Research, Mental Health, Public Health
• Funding Stages: Early
• Present in: Louisiana
• Notable Investments: Ready Responders, MedKoder, and Iconic Moments
• Total Investments: 80+

Techstars Healthcare Accelerator in New Orleans, a collaboration between Techstars and Ochsner Health, was founded in 2015. The program aims to accelerate startups in the healthcare sector, focusing on digital health, medtech, and other healthcare-related innovations.

When funding startups, THA is focused on early-stage startups with innovative solutions that address critical challenges in healthcare.

The average check size of Techstars Healthcare Accelerators can go up to $500,000.

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
• Total Investments: 50+

LongueVue Capital (LVC) is a private equity firm founded in 2001 by Rick Rees, John McNamara, and Wally McMillan. With nearly 50 investments in the last decade, LVC is an active startup investor.

When funding startups, LongueVue Capital focuses on lower middle-market companies with strong management teams, scalable business models, and significant growth potential. They typically invest in companies with revenues between $10 million and $100 million and EBITDA between $2 million and $15 million.

The investment range of LongueVue Capital can go up to $10M.

The 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: Seed
• Present in: Louisiana
• Notable Investments: Acrew, BioAesthetics, Ecosweet
• Total Investments: 50+

The New Orleans Startup Fund (NOSF) is a nonprofit venture fund founded in 2010 with the mission of accelerating the growth of early-stage, high-potential companies in the New Orleans area. It was founded by a group of entrepreneurs and has funded more than 50 startups to date.

When funding startups, NOSF is focused on early-stage companies with high growth potential. The investors prioritize startups that are merging technology with healthcare and introducing solutions in the fields of Digital Therapeutics, Regenerative Medicine, Precision Oncology, and Telehealth.

The investment range of New Orleans Startup Fund lies between $100,000 to $600,000 as they usually invest in the early stages.

Callais Capital

• Contact: Contact | Callais Capital Management | Louisiana Venture Capital
• Website: Callais Capital | Venture Capital Investments | Gulf Coast Startups
• Focused Sectors: technology, healthcare, and energy
• Funding Stages: Growth
• Present in: Louisiana
• Notable Investments: Bypass Mobile, Waitr, and Iconic Moments
• Total Investments: 20

Callais Capital Management is a family office-backed investment firm founded in 2011, based in Louisiana. The firm was founded by Tucker Callais and has made more than 20 investments to date.

Callais Capital focuses on growth-stage companies that have a unique value proposition and are already dealing in huge addressable markets. The network usually invests through startup fundraisers, pitching competitions, and incubator events.

The investment range of Callais Capital Management can range up to several million dollars, depending upon the required funds and estimated ROI.

NO/LA Angel Network

• Contact: Deal Flow Manager
• Website: Nola Angel Network | Where intuition meets expertise & ingenuity meets investment.
• Focused Sectors:  Healthcare, Biotechnology, Technology
• Funding Stages: Growth
• Present in: Louisiana
• Notable Investments: Allotrope Medical, El Guapo, Healionics
• Total Investments: 20+

The NO/LA Angel Network (NOLAAN) was founded in 2014 to provide early-stage capital to startups in the Greater New Orleans area. However, with the passage of time, NOLAAN has expanded its support and invested in a huge number of cities in Louisiana.

Ever since its inception, the investment network has been dedicated to healthcare startups and boosting their growth. All of the investors working at NOOLAN are well experienced and only invest in startups that have a good chance of securing at least 4x ROI.

The investment range of NOOLAN is around $1M.

Matthew Hart

• Contact: Matthew Hart, CFA | LinkedIn
• Focused Sectors: Artificial Intelligence, Machine Learning, Pharmaceutical, Therapeutics, Agriculture, Farming, Organic Food, Virtual Reality, Big Data, Mobile Apps, Software, Telecommunications, Industrial Manufacturing, Manufacturing, Hardware, Healthcare, Social Media
• Present In: Louisiana
• Notable Investments: Hortau, Danimer Scientific, PayIt, Glori Energy, Pasta Chips, LiveClips, Mirac, Waste Remedies, MasteryPrep, Momentum Solar

Matthew Hart is a famous tech and healthcare investor. He started funding startups in 2014 and usually focuses on businesses that improve/secure customer experience.

In the investment community, Matthew Hart is a famous figure, known for organizing pitching events and startup competitions. He invests in companies that show good chances of traction and are led by experienced entrepreneurs.

Matthew Hart's investment range lies between $100,000 and $1.5 million.

Justin Obletz

• Contact: Justin Obletz | LinkedIn
• Focused Sectors:  Virtual Reality, Big Data, Mobile Apps, Software, Manufacturing, Manufacturing, Logistics, Transportation, Biotechnology, Life Science, Medical Device, Energy, Environmental Engineering,
• Present In: Louisiana
• Notable Investments: Momentum Solar, Quick Study Radiology, New Haven Pharmaceuticals, BinOptics, Stirling Ultracold, FleetCor, The Green Life Guides

Justin Obletz is also an experienced angel investor with a strong focus on early-stage startups. He has previously served at many top-tier VC firms such as Bain Capital and General Catalyst.

When investing in startups, Obletz focuses on healthcare businesses that are solving modern challenges and presenting unique solutions. He primarily invests in micro healthcare sectors such as Personalized Medicine, Digital Therapeutics, and Regenerative Medicine.

The average check size of Justin Obletz can go up to $500,000.

Richard Montgomery

• Contact: Richard Montgomery | LinkedIn
• Focused Sectors:  Healthcare, Payments, Software, Biotechnology, Health Diagnostics, Analytics, Electronics, Hardware, Industrial Manufacturing, Manufacturing, Energy, Renewable Energy, Sensor, Wireless, Chemical, Commercial, Industrial
• Present In: Louisiana
• Notable Investments: SciAps, CORESense, D’Lisi Food Systems, Stat Nurses International, Selltis, Arc Solutions, Inbox Health, NovaTract Surgical

Richard Montgomery is also a well-known healthcare investor who invests at the seed and early-growth stages. He started funding startups in 2010 and has funded more than 20 startups in the healthcare sector.

Like most other investors, Richard focuses on funding startups through startup events and doesn't organize any pitching competitions. As an investor, he has also served at Andreessen Horowitz and Blackstone VC firm where Richard Montgomery was responsible for closing large-scale private equity deals.

The investment range of Richard Montgomery lies between $100,000 and $500,000.

Wrap-Up:

With such a booming healthcare industry, it’s no wonder that dozens of startup investors are ready to invest in your startup.

But, among all these investors, which one could be your dream investor?

Honestly, there is no single dream investor. We never encourage relying on a single investor for your startup funding. Shortlist at least 5 startup investors you can pitch to and then head on to the pitching process.