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Angel Investor (Group)
nolaangelnetwork.org

Investments

15

Portfolio Exits

1

Funds

1

About 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.

Headquarters Location

PO Box 751101

New Orleans, Louisiana, 70175,

United States

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Latest NO/LA Angel Network News

Mike Eckert, Chairman of the NO/LA Angel Network Joins the IDScan.net Board of Directors

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.

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NO/LA Angel Network Investments Activity

investments chart

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

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$99M

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10

11/1/2017

Series B

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$99M

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10

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

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Amount

$1.13M

$6.4M

$1.75M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

5

3

10

10

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

$99M

1

Date

10/25/2023

Exit

Acquired

Companies

Valuation

$99M

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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