Healthbox is seeking a creative, passionate, and driven professional with a deep understanding of healthcare to join our Strategic Investing team. Healthbox recently closed a strategic venture fund and is seeking a Principal to help lead that work. The fund will primarily invest in early-stage healthcare IT/services companies. Responsibilities include:
- Oversee market research and sourcing efforts to help identify new investment trends and opportunities
- Deal screening: call and/or meet with prospects, evaluate opportunities
- Documentation: summarize call notes, enter deals into CRM
- Network with peers at other venture capital firms and other industry partners
- Be a thought leader, maintaining up-to-date knowledge on industry and technology trends, as well as attending and speaking at events/conference
- Manage due diligence efforts
- Liaise with target company leadership throughout diligence process
- Define diligence process priorities and identify key questions to be addressed
- Collaborate with senior associates and/or associates in the conduct of due diligence, where necessary
- Oversee development of internal investment memos
- Support development of term sheets and deal negotiation
- Support portfolio companies
- Represent the fund as a board member or board observer, as appropriate
- Actively support the execution of tasks, projects, and priorities supporting portfolio company success
- Oversee development of quarterly LP reporting documents
- Actively engage in the limited partner relationship management
- Network and immerse self within LP organizations as well as their related ecosystem
- Endeavor to build long-term relationships and understand LP strategic priorities
- Present to Investment Committee and LP organizations
- Support fund strategy development and operations
- Assist partners with the definition of fund-level priorities and strategies, as well as operational processes and procedures
- Support any and all fundraising efforts
- Invest in the future of the firm, helping to drive the continued improvement of systems, process and infrastructure as the firm grows
Professional Qualifications
- Bachelor’s degree required, MBA preferred
- 8+ years work experience with significant exposure to the healthcare industry, consulting or banking background strongly preferred; VC or PE investing experience with deal origination and execution required; experience in an operating role a plus
- Past experience successfully managing teams in the investing industry
- Demonstrated problem-solving, quantitative, and qualitative analysis skills, including deep familiarity with financial modeling and valuation techniques
- Understanding of clinical, operational, and financial drivers that impact healthcare organization decision-making
- Intellectual curiosity mindset and enthusiasm for the healthcare IT/services industry
- Strong communication (written, verbal, listening, and presentation) skills
- Highly collaborative work-style, pragmatic, and resourceful problem-solver
- Capability and desire to build relationships and network within the healthcare industry
- Responds well to change and has a high tolerance for ambiguity
- Approaches work with an unparalleled level of personal ownership, responsibility, integrity, and ethics
- Ability to travel up to 40% of time required, but Chicago or New York-based
- Authorization to work in the US; Healthbox will not sponsor visas
Employee Benefits & Perks
We offer a competitive salary and a comprehensive benefits package including medical, dental, unlimited PTO, life & disability insurance, 401(k) program with a company match and flexible spending account. In addition, we enjoy team perks such as an office stocked with healthy snack foods, monthly lunch stipend, transportation shuttle, and onsite gym.
Equal Opportunity
Healthbox provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Healthbox complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Healthbox expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Healthbox’s employees to perform their job duties may result in discipline up to and including discharge.
How to Apply
Submit your cover letter and resume here to apply. Unfortunately, we cannot respond to every inquiry. We will contact you if there is a potential fit with the open position. Thank you for your interest.
