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.

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.

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.

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.

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.