Investments
48Portfolio Exits
6About New World Angels
New World Angels (NWA) is a group of private investors dedicated to providing equity capital to early-stage entrepreneurial companies in the state of Florida. NWA has chapters in South Florida and the Tampa Bay area and is typically a lead or co-investor in transactions totaling between $0.5 million and $2.5 million. NWA works closely with other regional and national venture firms. In addition, it is supported by such leading institutions as The Enterprise Development Corporation, Florida Atlantic University, and Florida International University.
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Latest New World Angels News
Jan 2, 2023
January 2, 2023 New World Angels (NWA) (http://www.newworldangels.com/), Florida’s premier angel investor syndicate announced today that it has completed a $1.2 million investment into Prana Inc., as part of a $2.5 million Series A round led by NWA. NWA was joined by the TMC Venture Fund and Science Center. The company has also received a $3MM non-dilutive grant from the Cancer Research and Prevention Institute of Texas Series A funds that will directly support the development and commercialization of the ThoraCore technology. Prana is a Houston-based medical device company. The company is focused on developing solutions for the detection and intervention of early-stage lung cancer. The Prana team has developed the ThoraCore System, a small needle device to capture small nodules in the lungs for early-stage cancer evaluation. The technology is the first minimally invasive, tissue-sparing surgical tool that provides a definitive diagnosis for early-stage lung cancer. Commenting on the investment, Micheal Haimour, a Director of NWA and President of its LLC investing in Prana, said, “We are delighted to support CEO Joanna Nathan and her team at Prana as they seek to develop solutions for the early detection and intervention of early-stage lung cancer.” Micheal Haimour has joined Prana as a board member. Joanna Nathan stated, “We are truly honored for the unrivaled support of our mission and team from such an experienced group of early-stage investors, led by New World Angels. We are committed to working closely with NWA to provide definitive answers to improve outcomes for lung cancer patients. New World Angels is a syndicate of successful business executives and professionals who together collaborate and curate early stage technology investments. New World Angels invests in healthcare, information technology, and consumer and industrial products. Contact jessica@newworldangels.com for more information about membership. Visit our website for more information about our organization. https://www.newworldangels.com
New World Angels Investments
48 Investments
New World Angels has made 48 investments. Their latest investment was in Prana Thoracic as part of their Series A on October 10, 2022.
New World Angels Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/19/2022 | Series A | Prana Thoracic | $2.5M | Yes | New World Angels, Science Center, Texas Medical Center Venture Fund, and Undisclosed Investors | 2 |
7/27/2022 | Series D | Clarke Valve | $5M | No | 2 | |
1/5/2022 | Series A - II | Vesteck | $1.65M | No | 1 | |
8/26/2021 | Series A | |||||
5/14/2021 | Series A |
Date | 10/19/2022 | 7/27/2022 | 1/5/2022 | 8/26/2021 | 5/14/2021 |
|---|---|---|---|---|---|
Round | Series A | Series D | Series A - II | Series A | Series A |
Company | Prana Thoracic | Clarke Valve | Vesteck | ||
Amount | $2.5M | $5M | $1.65M | ||
New? | Yes | No | No | ||
Co-Investors | New World Angels, Science Center, Texas Medical Center Venture Fund, and Undisclosed Investors | ||||
Sources | 2 | 2 | 1 |
New World Angels Portfolio Exits
6 Portfolio Exits
New World Angels has 6 portfolio exits. Their latest portfolio exit was Source Molecular on November 30, 2020.
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 |
|---|---|---|---|---|---|
11/30/2020 | Acquired | 2 | |||
Date | 11/30/2020 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
New World Angels Team
3 Team Members
New World Angels has 3 team members, including current President, Steve O'Hara.
Name | Work History | Title | Status |
|---|---|---|---|
Steve O'Hara | President | Current | |
Name | Steve O'Hara | ||
|---|---|---|---|
Work History | |||
Title | President | ||
Status | Current |
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