With Paracosm Investment, New World Angels Completes Record Year of Florida Fundings
BOCA RATON, FL, January 28, 2015 – New World Angels (NWA), Florida’s premier structured angel investor group, announced today that 2014 was a record year with six investments in Florida companies and over $3.5 MM of equity funding. NWA’s 6th investment was part of a $3.3MM seed funding of Paracosm together with Atlas Venture, iRobot, Osage University Partners, BOLDstart Ventures, and Deep Fork Capital. Paracosm, a cloud-based software company, has a mission to “3D-ify the World.”
‘Old-School’ Industrial Firm Gets Funding From New World Angels
Who says angel investors are only interested in tech?
“New World Angels, a private investment group with chapters in Tampa and in South Florida, just led a $1 million investment in Clarke Industrial Engineering, described as an “old-school industrial manufacturing” firm in a statement announcing the deal…”
New World Angels and Florida Investing – Tampa Business Journal
New World Angels comment on the state of Florida investing in an article published in the Tampa Business Journal.
“New World, with chapters in Tampa and Miami, has about 50 members and a strong pipeline, with a substantial amount of deal flow,” said Tom Cardy, membership chair of New World Angels.
New World Angels Announces Successful Portfolio Company Exit
New World Angels (NWA), Florida’s premier structured angel investor group, is pleased to announce that one of its holdings, Consult A Doctor (CADR), was sold to Teledoc Inc., closing on August 30, 2013.
“We are excited to announce this exit, which reaped for our members an attractive return on invested capital. We have NWA’s deal team, our dedicated members, and the engaged board members of CADR to thank for all the effort required to bring this one to the finish line at the right price, on the right terms,” asserted Rhys L. Williams, President of NWA.
New World Angels Leads $1.1 Million Investment in Bioceptive, Inc.
New World Angels (NWA), Florida’s premier structured angel investor group, in collaboration with venture capital firm First Light Ventures and the Special Equities program of Calvert Equity Portfolio, has closed an investment in Bioceptive, Inc., a medical device company focusing on women’s health outcomes. Bioceptive has developed a novel, IUD (intrauterine device) inserter expected to significantly enhance the safety and efficacy of approximately 70 million insertion procedures done globally each year.
Consult A Doctor Closes $5 Million VC Round
Consult A Doctor 24/7, a leading provider of consumer driven telemedicine solutions that drive down healthcare costs, announced that it closed a $5 million Series A round financing. Consult A Doctor’s financing was led by Morgenthau Venture Partners, and joined by New World Angels and Promociones Bursa, an international consortium of investors in healthcare and technology.
“This financing provides working capital to accelerate the adoption and utilization of our consumer directed telemedicine services and to expand additional cost cutting services such as Consult A Specialist, Labs and a flu program to name a few,” said Wolf Shlagman, Founder and Chief Executive Officer of Consult A Doctor.
Shlagman goes on to say “Consult A Doctor’s health care solutions accelerate the transformation to a consumer-driven healthcare revolution that lowers costs while providing greater access to affordable, quality health care – giving more choice, more control and more savings to everyone.”
New World Angels Leads $8.5 Million Investment Round in VirtualWorks
New World Angels, Inc., a Florida-based angel group that invests private capital in high-growth entrepreneurial companies, today announced that it led the recently-closed $8.5 million Series A private financing round in VirtualWorks Group, Inc.
VirtualWorks, which formally launched on June 1, 2011, is led by Edward Iacobucci, a prominent high-tech entrepreneur. The company is pioneering a new category of enterprise software, called content virtualization, which solves the growing problem of data sprawl.
The Series A investor group consists of domestic and European institutional, high net-worth and strategic private equity investors. Skyway Capital Partners LLC served as financial advisor to VirtualWorks. The capital raised in this round will be used as operating capital to execute on the company’s vision and strategy.
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 Crunchbase.com Profile
New World Angels (NWA) is a group of private investors dedicated to providing equity capital to early and mid-stage entrepreneurial companies. Primary focus of NWA is on companies based in South Florida. However, NWA is opportunistic in considering investments in other locations.Members of NWA have extensive experience in founding, building, and managing companies in a wide variety of industries. In addition to providing funding, NWA members make their expertise and resource networks available to portfolio companies.
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…