Top 9 Software Angel Investors in Louisiana

Louisiana's software industry has always been a hub for innovation, and Lucid's recent achievement of surpassing $1 billion in sales is a clear example.

However, even for some of the most well-known businesses, securing an investment may sound like a difficult job. Founders often struggle with finding the right investors with identical business interests.

To ease your founder journey, we have come up with the following list of some of the most active and famous angel investors in Louisiana.

Top 9 Angel Investors in Louisiana Who Invest in the Software Sector

Getting straight to the list!

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

As a former partner at Accel Partners and Sequoia Capital, Matthew Hart is the most active individual investor in Louisiana. He began his investor career in 2014 when Matthew invested in a huge number of cybersecurity and fintech businesses.

Over the years, Matthe Hart has expanded his focus and supports software startups now. He looks for businesses that are based on disruptive ideas and have the potential to secure 3-5x ROI within the first 24 months of investment.

The investment range of Matthew Hart lies between $100,000 to $1.5 Million.

Talmadge Singer

• Contact: Talmadge Singer | LinkedIn
• Focused Sectors: Organic Food, Virtual Reality, Big Data, Mobile Apps, Software, Biotechnology, Life Science, Medical Device
• Present In: Louisiana
• Notable Investments: Allen Brothers, Computime, Veran Medical Technologies, Natural Cleaners Colorado, Bizzuka, Owensboro Grain, American Botanicals, Beehive Industries, Shenandoah Growers

Talmadge Singer is a startup investor with a strong focus on startups that are revolutionizing healthcare through innovative software. He prefers to invest in early-stage startups, primarily at the seed and Series A stages, and guide these businesses throughout the journey.

Previously, Singer had worked with Third Rock Ventures and OrbiMed Advisors and still works as a Private Equity manager at Advantage Capital.

The investment range of Talmadge Singer lies between $100,000 and $1 million.

Tim Perusek

• Contact: Tim Perusek | LinkedIn
• Focused Sectors: Artificial Intelligence, Machine Learning, Pharmaceutical, Therapeutics, Agriculture, Farming, Organic Food, Virtual Reality, Big Data, Mobile Apps
• Present In: Louisiana
• Notable Investments: Hortau, Danimer Scientific, PayIt, Glori Energy, Pasta Chips, LiveClips, Mirac, Waste Remedies

Investing in businesses since 2010, Tim Perusek is also one of the most active and experienced investors in Louisiana. He usually invests in the early stages of a startup.

Discussing the background of Perusek, he has served at three venture capital firms and has been in the startup industry for more than 2 decades. Tim Perusek believes in partnering with businesses at the earliest stages and helping them throughout different stages.

Although Tim Perusek doesn't have a fixed investment range, his average check size is around $500,000.

Charles Booker

• Focused Sectors:  Software, Telecommunications, Industrial Manufacturing, Manufacturing, Logistics, Transportation, Biotechnology, Life Science, Medical Device, Fintech, Energy, Environmental Engineering, Renewable Energy, Electronics, Hardware, Healthcare, Social Media
• Present In:  Louisiana
• Notable Investments: Rheonix, Payveris, RXQ Compounding, Caddo River Forest Products, Elevate Digital, Caringo, Chapman Instruments, Synacor, NovaTract Surgical, SensorTran, Quest Global Manufacturing

With a strong interest in edtech and health care, Charles Booker is also an active angel investor. To date, he has made more than 30 investments in tech companies.

Like most other angels, Charles Booker makes most of his startup investments through accelerators and fundraiser events. He likes to invest in startups that aim to create meaningful change in society and use technology to improve education and healthcare access.

The investment range of Charles Booker is between $50,000 and $1 million.

Justin Obletz

• Contact: Justin Obletz | LinkedIn
• Focused Sectors:  Virtual Reality, Big Data, Mobile Apps, Software, Manufacturing, Manufacturing, Logistics, Transportation, Biotechnology, Life Science, Medical Devices, Energy, Environmental Engineering,
• Present In: Louisiana
• Notable Investments: Momentum Solar, Quick Study Radiology, New Haven Pharmaceuticals, BinOptics, Stirling Ultracold, FleetCor, The Green Life Guides, Adventure Central, SOMS Technologies, Nanomech, Carbolytic Materials, DOmedia, U.S. Fiduciary, Portico Learning Solutions

As a partner at Bessemer Venture Partners and NEA, Justin Obletz is also an experienced angel investor who has backed several tech companies. He has been investing in startups since 2016 and has funded more than 20 startups to date.

When making investments, Justin Obletz looks for startups that have a large market opportunity, internationally scaleable ideas, and an experienced founder.

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

Michael Craven

• Contact: Michael Craven, CFA | LinkedIn
• Focused Sectors:  Billing, Healthcare, Payments, Software, Biotechnology, Health Diagnostics, Analytics, Electronics, Hardware, Industrial Manufacturing, Manufacturing, Energy, Renewable Energy, Sensor, Wireless
• Present In:  Louisiana
• Notable Investments: TechWave, InnoSoft, and CodeGenius

Michael Craven is a famous angel investor in Louisiana who has been investing in startups for almost a decade. He usually invests in the software sector where startups are producing modern solutions in the sector of data security, UX, and operational efficiency.

As an investor, Craven has a strong preference for early-stage companies that show potential for rapid growth. He typically invests in seed and Series A rounds, aiming to support startups as they move from concept to market entry.

The investment range of Michael Craven typically falls between $50,000 and $500,000.

Dusty Dickerson

• Contact: Dusty Dickerson | LinkedIn
• Focused Sectors: Software, Analytics, Electronics, Hardware, Industrial Manufacturing, Manufacturing, Energy, Renewable Energy, Sensor, Wireless, Chemical, Women Founded, Semiconductor, Product Design, Telecommunications, Women Led, CRM, Web Development
• Present In: Louisiana
• Notable Investments: Movero Technology, Precipio Diagnostics, Truist, BinOptics, Allworx, Portico Learning Solutions, Flying Fish Creative Services, Emme E2MS

With over 22 startups in his portfolio, Dusty Dickerson is also a prominent angel investor with a passion for supporting software startups.

When making investments, Dickerson prioritizes businesses that are at the early stages and have an addressable market size of around $30 Million- $100 Million. He makes most of his investments through startup incubators and fundraising events.

The average check size of Dusty Dickerson is around $250,000.

Shane McCarthy

• Contact: Shane McCarthy | LinkedIn
• Focused Sectors: Software, Semiconductor, Product Design, Telecommunications, Women Led, CRM, Web Development
• Present In: Louisiana
• Notable Investments: Lapolla Industries, Alereon, SciAps, CORESense, D’Lisi Food Systems, Stat Nurses International, Selltis, Arc Solutions

Funding startups since 2012, Shane McCarthy is also an active angel investor. He has been actively investing in early-stage companies, particularly those with unique software ideas and scalable business models.

McCarthy likes to partner up with businesses at seed stages when they are functioning with developed models and addressable markets of $50 Million to $500 Million. Throughout the year, Shane McCarthy participates in many startup events and looks for startups that have solid growth models.

The investment range of Shane McCarthy lies between $50,000 and $1.2 million.

Michael Johnson

• Focused Sectors: Communities, Enterprise Software, Event Management, Events, SaaS, Video Conferencing
• Present In:  Louisiana
• Notable Investments:  GreenTech Innovations, EcoFlow Systems, and Renewable Energy Solutions

Michael Johnson is an angel investor with a strong focus on startups that are solving modern problems in the manufacturing and energy sectors. Funding startups since 2015, Johnson usually invests at the seed and Series A stages.

He focuses on backing companies that are not only innovative but also have a strong revenue flow and can make a positive impact on their relative sectors. Like most other investors, Michael Johnson also invests in businesses through startup events.

The investment range of Michael Johnson can range up to $1M.

Wrap-Up:

So, there we have the list of the top angel investors in Louisiana who are funding SaaS startups.

But, before we wrap up, let us share some golden nuggets that will help you in writing a killer pitch deck.

1. A short pitch deck often brings the most results.
2. Never emphasize too hard on your startup’s story. Keep it attractive to read but useless bragging kills the authenticity.
3. Investors love profitability. Explain why your startup stands different from the competition through statistics.