New Orleans’ Gulf South Angels Absorbs MEDA Angels To Expand Startup Deal Flow (opens original article in a new tab)

Gulf South Angels absorbs MEDA Angels to expand healthcare startup deal flow, combining MEDA's 26 healthcare startups with GSA's infrastructure.

• GSA chairman Mike Eckert cited healthcare, biotech, and biopharma as 40% of GSA's portfolio, prompting the merger.
• MEDA Angels founder Elizabeth Cho-Fertikh will join GSA's board, integrating her clinical expertise into GSA's investments.
• The merger aims to enhance deal quality by adding 50 healthcare-focused investors to GSA's review process.
• GSA has participated in 151 investment rounds across 75 companies over 12 years, with 19 exits and liquidity events.