Cara Stone, a capital markets law firm, has revealed its annual Louisiana Venture and Angel Capital Report, which compiles data on the number of startups that receive angel and venture capital funding each year.
Louisiana companies raised over $130 million in 2019 across 33 deals. Cara Stone says 2019 was one of the most active years since 2011.
“Louisiana’s venture capital market has evolved tremendously over the last eight years,” said Mark Graffagnini, Managing Partner of Cara Stone. “The growth in the market reflects Louisiana companies’ determination and demonstrated success on a national scale. In turn, new investors have entered the market to provide the funding companies need to get to the next level.”
The report includes stats such as corporate structure, industry analysis, and median deal size.
Head over to Cara Stone’s website to view over eight years of venture and angel capital deal data.