Angels In The News
Jeff Loehr, Westchester, NY
February 21st, 2016
Startups are not only for Silicon Valley, according to the Westchester Angels. Jeff Loehr, Sandy Wollman and Jonathan Rosen, businessmen with a range of experience, founded the Westchester Angels to mentor and invest in companies close to home.
Loehr, who has worked in IT and consulting internationally, said when he started investing in companies, the process involved hours of travel. He realized there were companies in Westchester he wanted to fund, but there was no angel group.
Last year he, Wollman and Rosen created Westchester Angels, a group of accredited investors who find and vet startups for potential investments. Angel investment typically comes after a startup has raised money from friends and family, but before it seeks venture capitalist funding, Loehr said.