New World Angels Innovation Fund Invests in Iteright
Boca Raton, FL – April 30, 2025 – New World Angels (NWA) today announced its Innovation Fund-I led the investment round in Iteright, a Tampa-based startup delivering an AI-powered Growth Navigation Platform that enables executives to track, validate, and optimize their product and technology investments.. This strategic investment underscores New World Angels’ commitment to supporting high-potential companies that leverage cutting-edge technology to solve critical business challenges. Iteright is a member of Embarc Collective, Tampa’s top-tier startup hub, whose rigorous programs and collaborative environment helped position the company for growth.
About the Investment
New World Angels Is Investing In The Transformation of Professional Services
Iteright provides C-suite executives and strategy leaders with real-time insights to ensure that every dollar invested in innovation drives measurable business growth. Traditional approaches to managing product and technology investments often rely on static spreadsheets or expensive consulting services. These methods can be slow, outdated, and costly, leaving executives without the clarity needed to align strategies, prioritize resources, and measure impact effectively.
Iteright’s AI-powered platform changes that equation. By automating data collection, analysis, and reporting, it delivers continuous, real-time insights that enable business leaders to make data-driven decisions with confidence. Whether tracking R&D expenditures, evaluating the potential of new technologies, or optimizing resource allocation, Iteright ensures that executive teams remain agile in an ever-evolving business landscape.
Alex Brodsky, CEO Iteright: “This investment accelerates our mission to transform how teams build and scale products. NWA’s support and Embarc’s mentorship have been pivotal in refining our approach to scaling.”
Tim Holcomb, CEO, Embarc Collective: “We have one common goal across everything we do at Embarc Collective: to engage, support, and propel forward-thinking startup builders like Alex who are leveraging technology to solve some of the world’s most pressing problems. Iteright’s selection by New World Angels demonstrates the strength of Tampa’s startup community, and we’re proud to collaborate with investors like NWA who recognize the value of Embarc Collective’s disciplined, growth-oriented programming, coaching and mentorship, access to resources and relationships, and community engagement.”
Ron Tarro, President of New World Angels: “Iteright is revolutionizing how executives make high-stakes investment decisions. We believe this technology has the potential to transform how mid-market and enterprise companies optimize their innovation budgets, R&D investments, and product roadmaps. Iteright follows our New World Angels’ investment thesis that emerging technologies can transform professional services. By replacing costly and time-consuming data aggregation and analysis with real-time, AI-powered insights, Iteright is fundamentally changing how executives make strategic investment decisions. We are excited to support this innovation and help scale its impact in the market.”
About New World Angels and the NWA Innovation Fund
New World Angels is a group of accredited investors dedicated to supporting high-growth companies through funding, mentorship, and strategic partnerships. The NWA Innovation Fund looks within business incubators and accelerators for promising early-stage founders. The Innovation Fund helps them achieve early milestones with their technology and its commercialization. NWA’s investments seek to drive innovation across diverse industries, fostering the next generation of market leaders and disruptors. Learn more about the New World Angels and the NWA Innovation Fund at https://www.newworldangels.com/if-innovators
Learn More
For Iteright’s platform: www.iteright.com
For Embarc Collective’s programs: www.embarccollective.com
Media Contact:
Jessica Miley
Managing Director, New World Angels
(617) 504-1864
Jessica@newworldangels.com