From the event website:
The mission of TiE Angels NY is to bring investment opportunities from the vast TiE network (55 chapters globally including Silicon Valley and Boston) to the TiE members in New York and bring NY deals to the other chapters of TiE. TiE Angels have done 35+ angel deals for over $13M across the country. Members of TiE Angels have access to unique deal flow sourced from our 55 chapters across the globe including, including from our very active Silicon Valley, Boston, Oregon, Atlanta and India chapters. Companies supported by TiE Angels can leverage our global network of 2,500 charter members and 8,500 members around the world for mentoring, industry expertise and connections.
TiE Angels is not a venture fund or an investment advisor, but rather a forum in which investors may be introduced to companies for possible investment.