New World Angels

New World Angels is an angel investing group. It has made significant investments in medical and health care technologies and says about a third of its deals fall in the medical field, covering devices, technology services and pharmaceuticals.

What New World Angels does

• Medical investment: funding for devices, tech services and therapeutics.
• Technology investment: a further third of deals rest on technology improvements.
• Other sectors: the remainder spans consumer products, manufacturing and advertising services.
• Member expertise: many members have medical and health care backgrounds.

Clients

Founders seeking investment, especially in health care. Its evaluation starts with the problem being solved, how the solution compares with competitors, the route to approval and adoption, and the financing needed. It pays particular attention to obstacles to adoption by clinicians and purchasers.

Key facts

• Chairman: Steve O'Hara
• Medical share of deals: about one third