News Article

Report: Louisiana No. 6 in US for Venture Capital Growth

March 5, 2024 — Flippa, a business brokerage, has released an analysis of National Science Foundation and Pitchbook data showing the states with the largest growth in venture capital investment over the past decade. Louisiana comes in at No. 6 in the nation, with a 10.2X increase.

According to Flippa, total Louisiana funding in 2012 was only $25.75 million – growing to $324.45 million by 2022. The report also cited an average deal size of $3,380,000 in 2022, up from $610,000 in 2012. Overall deal flow also grew in that decade, from 42 investments in 2012 to 96 in 2022.

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