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New World Angels
New World Angels is a member-managed angel group deploying early-stage capital across South Florida since 2003.
New World Angels
New World Angels launched in 2003 as a direct response to South Florida's fragmented startup ecosystem. Rhys L. Williams and founding members built the organization on the premise that disciplined early-stage capital could retain ambitious technical founders who would otherwise migrate to Silicon Valley or Boston. The group pools capital from a rotating membership of accredited investors who also serve as the screening committee and active due-diligence leads. No single family's wealth drives the firm — it functions as a structured angel syndicate where individual members write personal checks alongside the collective vehicle. Deployment concentrates on Seed and Series A rounds, with typical initial checks ranging from $100,000 to $500,000 and reserves allocated for follow-on pro-rata. The group has backed companies across enterprise AI, cybersecurity, digital health, and media infrastructure, with confirmed historical positions including TigerText, a healthcare-communication platform acquired by symplr, and immersive-attraction technology developed by the Orlando-based startup Falcon's Creative Group. Deal flow originates from research institutions (Scripps Florida, Florida Atlantic University), regional accelerators, and direct founder referrals across Miami-Dade, Palm Beach, and Broward counties. Aggregate deployment exceeds $100 million into over 100 companies as of 2015, with the group typically closing 8 to 12 new investments per year (per South Florida Business Journal, 2015). Membership has historically fluctuated between 50 and 65 accredited investors, each committing capital and domain expertise. No recent operational event within the last 24 months is verifiable from the firm's limited public disclosures. The group does not maintain a permanent fund structure or external LP base, making its activity rate a direct function of member engagement and regional deal quality. The structural distinction is the native tri-county sourcing lens. Unlike national angel platforms that evaluate a distributed funnel, New World Angels physically screens founders across a compact geography — often requiring in-person pitches in Boca Raton — and co-invests alongside Florida-specific institutions, including the Florida Institute for Commercialization of Public Research and various university venture-advisory boards. This proximity mandate creates a deliberate information advantage in a region where institutional venture firms are sparse and founder references are densely networked.
General information
Firm type
Private Equity
Year founded
2003
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Boca Raton
Corporate office
Boca Raton, FL, United States
Sector focus
Frequently asked questions
Who runs investment decisions at New World Angels?
Individual member-investors screen, diligence, and vote on each deal. A screening committee initially evaluates founder applications, and interested members join a deal-specific diligence team. The organization's board, historically chaired by co-founder Rhys L. Williams, oversees process governance rather than making unilateral allocation decisions.
Is New World Angels a fund or a collective of individual investors?
It is a chapter-structured angel group, not a pooled investment fund. Members write personal checks into each company they choose to back, usually co-investing alongside fellow members. The group occasionally structures sidecar vehicles for members who prefer aggregated exposure, but there is no blind-pool capital.
What stage and check size does New World Angels typically target?
The group writes initial checks of $100,000 to $500,000 at Seed and Series A stages, with follow-on reserves held for pro-rata participation in subsequent rounds. Companies must have a commercial product or defined prototype, and the group strongly prefers Florida-domiciled or Florida-headquartered businesses.
How does New World Angels source its deal flow?
Founders apply through the group's website, and deals are also referred by university commercialization offices (Florida Atlantic University, University of Florida, Scripps Research Florida), regional accelerators, and existing portfolio founders. The screening process includes an in-person pitch to membership in Boca Raton.
Does New World Angels invest outside of Florida?
The mandate is almost exclusively Florida. A small number of historical investments involved Georgia-based companies or syndicated rounds with Atlanta and North Carolina angel groups, but the group's stated geographic priority is South and Central Florida.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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