Principal Investor, Castor Ventures

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Description

About Alumni Ventures Alumni Ventures (AV) is a leading venture capital firm that is redefining the way individuals can invest in startups.

Alumni Ventures has raised more than $1B AUM, holds a rapidly growing portfolio of over 1,200 venture-backed companies, and counts 600,000+ community members and subscribers across all of its funds.

With 130 employees, including 50 investment professionals, spread across Boston, Chicago, New York City, Menlo Park, and Manchester, NH, we are growing rapidly and continuously pushing the boundaries of innovation.

About this role : Alumni Ventures is seeking a full-time, experienced venture Principal to contribute to the investment activities of our Castor Ventures Fund (MIT) .

Reporting to the Managing Partner, this role is instrumental for sourcing, evaluating, and cultivating relationships with potential portfolio companies and industry peers.

As Principal, you will significantly influence the quality of deals and co-investing opportunities and play an integral role in shaping a valuable strategic portfolio in a fast-paced entrepreneurial environment.

Role / Responsibilities :

• Engage with key players in the startup ecosystem to broaden our network
• Source and assess potential deals through outreach to venture capitalists, entrepreneurs, incubators, and other stakeholders
• Guide deal sources and prospective companies on our investment process, while nurturing professional relationships
• Lead the preparation and distribution of due diligence materials
• Conduct a thorough analysis of each investment opportunity, including discussions with company teams, competitors, and customers
• Recruit, train, and manage interns / fellows for deal outreach and research support
• Present investment opportunities, field questions from the Managing Partner and Limited Partners, and coordinate Investment Committee meetings
• Oversee and update our company database, continually monitoring prospect status
• Assist with investor relations and potential investor outreach as needed
• Supervise administrative tasks and recommend process and product improvements

Requirements

• Bachelor's degree required, MBA or other advanced degrees preferred.
• MIT degree strongly preferred.
• 1-5 years of venture capital experience, supplemented by 7-10 years of overall work experience

Ideal Traits :

• Exceptional research and analytical skills
• Professional demeanor complemented by a strong work ethic
• Social media savvy / digitally native- enjoys creating podcasts & videos
• Demonstrable interest in entrepreneurship, emerging companies, and new technologies
• Proven experience in conducting company research and due diligence
• Capable of managing multiple complex projects concurrently
• Effective communicator with excellent listening and sales skills
• Adept at networking and growing deal identification systems
• Highly organized yet able to focus on the broader strategy
• Self-motivated, good team player, and capable manager
• Quick learner with a creative problem-solving mindset
• Proficiency in database management and technical platforms is a strong advantage

All employment is subject to passing a background check. Alumni Ventures is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

Salary Description

$150,000-175,000.00 plus carry, equity and bonus