Capital Region startups could be one step closer to taking their ventures to the next level with the announcement today of the arrival of the NO/LA Angel Network in Baton Rouge.
The young angel investor network was founded a year and a half ago by former Weather Channel CEO Mike Eckert and has rapidly grown to 114 members. Eckert calls it “remarkable” that the group’s unprecedented growth has made it the fastest growing angel network in the world, with the average membership size of an angel group in America being 68.
Now with a new chapter of angel investors in Baton Rouge, Eckert says he expects to grow the entire network to nearly 130 members by the end of the year. He’s also in discussions with investors in Lafayette and has partnered in investing in deals with groups in Shreveport.