VC Principal @ Immune Boost Capital in Remote

The Arthritis National Research Foundation (ANRF) is a leading healthcare nonprofit organization focused on supporting early-stage research to address the unmet needs in diagnostic and therapeutic options across the spectrum of autoimmune diseases. For over 50 years we have been funding research to advance the mission to find a cure for autoimmune conditions and provide patients with the opportunity to lead long, fulfilling lives. ANRF maintains a four-star Charity Navigator rating.

We are the leader in the funding of early-stage research to identify promising new therapies for autoimmune diseases. One in every four adults —more than 58.5 million— in the U.S. are living with arthritis, and that number continues to grow. Until these numbers stop growing and there is a cure, our work is not done. ANRF has now formed a wholly owned venture subsidiary Immune Boost Capital (IBC)to provide early seed and initial translational funding for research that has shown the potential to move forward to commercialization.

IBC has been created with a $1M dollar initial funding from ANRF, with the goal of securing a first milestone of $5M of external funding. The fund is established as an “evergreen” fund and will make stand-alone seed investments as well as co-invest with other venture capital firms and strategic partners in early financing rounds.

We promote an environment that attracts and retains talented people who are passionate about eradicating autoimmune related diseases. Join us and you will join an amazing team, devoted to our community, and our mission.

Position Description

 

ANRF is seeking an experienced venture professional who will lead the initiative to establish the venture funding entity.

POSITION SUMMARY:

The Principal will be a key leader in launching and managing Immune Boost Capital (IBC), ANRF’s evergreen venture fund subsidiary. This individual will be responsible for securing philanthropic capital from family offices, high net worth individuals or corporate foundations, sourcing and closing investments, and overseeing fund operations. The ideal candidate combines scientific rigor with financial and strategic acumen, entrepreneurial experience, and a passion for transforming autoimmune disease care.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

 

Fund Establishment and Administration:

• Identify and secure philanthropic contributions to IBC by cultivating relationships with major donors, foundations, and mission-aligned partners, to build an initial capital base and support long-term fundraising goals.
• Develop strategic frameworks and sophisticated investment theses based on primary and secondary research on various therapeutic modalities. Generate clear investment theses that articulate competitive advantage, scientific rationale, and market potential.

Opportunity Sourcing

• Source new opportunities and investment partners in the biotechnology ecosystem including biotech companies, tech transfer offices, venture capital firms, and accelerators/incubators. Maintain a strong network in the venture capital and biotech ecosystem, identifying early-stage opportunities with high potential for impact in autoimmune diseases.
• Establish collaborative relationships with VCs in the autoimmune sector, strategic biotechs and incubator organizations to identify and source investment opportunities. Develop strategic alliances to enable co-investment opportunities and syndicate structuring.
• Support venture funding activities of portfolio companies by leveraging the IBC investment advisory committee and personal networks to ensure optimal syndicate composition.

Deal Diligence

• Conduct investment due diligence including evaluation of market differentiation, business plans, finances, management, board composition, etc.
• Lead the negotiation and execution of investment agreements across an array of financial instruments including but not limited to SAFES, convertible notes, and equity. Collaborate with legal counsel to ensure agreements meet both strategic and financial objectives.
• Improving the IBC related investment process, including work on investment operations, performance management and risk management. Implement performance metrics and risk assessment tools to ensure ongoing effectiveness of investment strategies.
• Post-investment monitoring through regular company updates, reports, and/or board roles. Serve as a strategic advisor to portfolio companies, actively supporting governance, follow-on funding, and partnerships.

 

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

·       4 – 6 years of venture capital, search and evaluation, business development, preferably combined with a scientific graduate degree (MS, PhD, or MD). Candidates with a proven track record in fundraising, co-investor engagement, or entrepreneurial leadership are preferred.

·       6-10 years of relevant work experience related to biotech development and commercialization or healthcare related capital markets.

·       Proven experience raising philanthropic and investment capital from family offices, high net worth individuals (HNWIs), and corporate foundations, with demonstrated success cultivating, soliciting, and stewarding these supporters.

·       A deal sheet demonstrating leadership roles in the closing of transactions is required.

·       Prior experience leading the sourcing and triage within a therapeutic modality including the development of competitive analyses using market maps. Prior experience creating sophisticated financial models for novel therapeutic platforms and product candidates; experience with long term strategic planning or capital allocation models is a plus.

·       Working knowledge of core concepts in therapeutic development; experience in autoimmune diseases is a plus. Deep knowledge of autoimmune diseases or experience in related therapeutic areas will be a significant advantage.

·       Exceptional work ethic and ability to synthesize information from various sources and critically evaluate alternative approaches. Ability to prepare well-written, well-organized material and present recommendations in a clear and concise manner.

·       Ability to take courageous, decisive action and make timely and independent decisions that are in the best interests of IBC.

REPORTING RELATIONSHIPS:

·       Reports to the Chief Executive Officer of the Arthritis National Research Foundation and to the board of IBC.

 

WORKING CONDITIONS:

·       Opportunity to work remotely.

·       Travel up to 25% of time to attend investor, partnering, and scientific conferences and meetings, as necessary.

·       Physical requirements consistent with an office-based executive role.

The salary range is $125,000 to $140,000.

Job level and actual compensation will be decided based on factors including, but not limited to, individual qualifications objectively assessed during the interview process (including skills and prior relevant experience, potential impact, and scope of role), market demands, and specific work location. The listed range is a guideline, and the range for this role may be modified. For roles that are available to be filled remotely, the pay range is localized according to employee work location by a factor of between 80% and 100% of range.

Total Rewards: IBC is committed to offering competitive compensation (base pay and incentive), benefits, and professional development opportunities that maximize our ability to recruit, retain, reward, and motivate a highly qualified and diverse workforce. IBC offers employees 10 days of vacation and 5 days of sick per year, as well as 14 paid holidays.