Investments
15Portfolio Exits
1Funds
1About NO/LA Angel Network
The NO/LA Angel Network is a group of accredited investors from New Orleans and throughout Louisiana who work together to evaluate, fund and nurture early-stage companies. its members make individual decisions to invest in high growth Louisiana based businesses, where the path to exit is understood.
Latest NO/LA Angel Network News
Feb 7, 2023
News Provided By Share This Article IDScan.net Logo Eckert is a champion of the New Orleans startup and investment community and veteran of multiple successful technology exits. “It is an honor to be formally involved. IDScan.net has continuously impressed me with their technology in a rapidly changing market with many venture-backed competitors,” said Eckert. ” — Mike Eckert NEW ORLEANS, LOUISIANA, UNITED STATES, February 7, 2023 / EINPresswire.com / -- New Orleans-based technology company, IDScan.net is pleased to announce the appointment of Mike Eckert to its Board of Directors. “Mike has been a key advisor to the business for many years. His expertise in helping businesses prepare for scale has already benefited the team many times over the past ten years,” said CEO, Terry Slattery. “His election to our Board of Directors only formalizes the mentorship he provides to our leadership team already.” Mike served as President and CEO of The Weather Channel’ and Weather.com for 14 years, and later served as the Chairman and CEO of Pathfire, a leading digital video asset startup which was later acquired. He then became deeply involved in the fundraising community both locally and nationally. In New Orleans, as Chairman of the NO/LA Angel Network, on the Investment Committee of The Pelican Angel Funds, and the New Orleans Startup Fund, and on the Limited Partner Advisory Board of the Louisiana Funds, a Venture Capital firm; as well as regionally with the Atlanta Technology Angels. He is a passionate advocate for early-stage technology companies. “It is an honor to be formally involved with the IDScan.net team. IDScan.net has continuously impressed me with the technology output of its engineering team, as well as its ability to remain flexible and profitable in a rapidly changing market with many venture-backed competitors,” said Eckert. IDScan.net finished 2022 with another year of strong growth in customer acquisition and technology innovation. In 2023 it will roll out a significant update to its flagship product, VeriScan, which is capable of detecting up to 95% of fake IDs. About IDScan.net IDScan.net is the leading AI-powered identity verification platform focusing on age validation and fraud reduction for high compliance industries. We have enhanced digital and physical environments for more than 6,500 customers including IBM, Shell, AMC Theaters, Trader Joe’s, and Circa Casinos. For more information, visit www.idscan.net . Jillian Kossman
NO/LA Angel Network Investments
15 Investments
NO/LA Angel Network has made 15 investments. Their latest investment was in El Guapo as part of their Seed VC on December 12, 2021.

NO/LA Angel Network Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/3/2021 | Seed VC | El Guapo | $1.13M | Yes | 5 | |
9/24/2020 | Series A | BioAesthetics | $6.4M | Yes | 5 | |
8/3/2020 | Seed | Spine Align | $1.75M | Yes | 3 | |
5/10/2019 | Series A - II | |||||
11/1/2017 | Series B |
Date | 12/3/2021 | 9/24/2020 | 8/3/2020 | 5/10/2019 | 11/1/2017 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Seed | Series A - II | Series B |
Company | El Guapo | BioAesthetics | Spine Align | ||
Amount | $1.13M | $6.4M | $1.75M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 5 | 3 |
NO/LA Angel Network Portfolio Exits
1 Portfolio Exit
NO/LA Angel Network has 1 portfolio exit. Their latest portfolio exit was MobileQubes on October 25, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/25/2023 | Acquired | 1 |
Date | 10/25/2023 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
NO/LA Angel Network Fund History
1 Fund History
NO/LA Angel Network has 1 fund, including NO/LA Angel Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
NO/LA Angel Fund I | Early-Stage Venture Capital | Open | 1 |
Closing Date | |
---|---|
Fund | NO/LA Angel Fund I |
Fund Type | Early-Stage Venture Capital |
Status | Open |
Amount | |
Sources | 1 |
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