The group focuses on opportunities in the Manchester-Nashua business corridor and surrounding communities, but will consider investments in the greater New England area. They invest in companies regardless of technology or service class and welcome deals referred by other angel or venture capital groups. Northeast Angels looks for companies with potential market penetration, strong leadership, organized effort, and strong financial skills. Founded in 2005 and based in Nashua, New Hampshire, the firm invested in various sectors such as biotechnology, clean technology, consumer products, healthcare services, and software, but ceased operations in 2007.