Full Time

Associate - Intuitive Ventures

Sunnyvale, CA
Venture Capital

About the job

Company Description

At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.Job Description

Intuitive Ventures is the venture arm of Intuitive Surgical Robotics, it invests in companies reimagining the future of minimally invasive care. Our global focus spans diagnostics, MedTech, therapies, and digital health.With $250 million in assets under management, we back teams that share our passion for advancing positive patient outcomes, improving provider experience, and increasing the efficiency of healthcare delivery.Our team brings unique expertise as veteran investors, physicians, healthcare executives, engineers, and entrepreneurs.Responsibilities Include

Intuitive Ventures is looking to add an associate to the investing team in the Bay Area. Associates work directly with senior associates and partners to support all aspects of the investment process.Top Level Responsibilities Include

  • Sourcing investment opportunities – Associates play a key role in uncovering investment opportunities through meeting and networking with founders and teams (direct outreach, attending conferences, demo days, meet-ups, etc.) Successful associates are an integral part of their ecosystem and develop deep relationships with entrepreneurs, fellow investors, and relevant industry executives.
  • Driving investment due diligence - Associates are working with lead partners to answer key questions and frame any opportunities for review by our investment committee. Diligence often centers on questions around market dynamics, competitive landscape, and customer traction.
  • Supporting portfolio companies – The real work often begins after the investment. Associates partner closely with portfolio companies and help founders with business development, financial planning, fundraising, opportunistic M&A, hiring, and more

Qualifications

Experience/ Skill Requirements:

  • Minimum 3-5 years of healthcare- or life sciences- focused work experience, ideally from a venture capital firm, top-tier investment bank, management consulting firm or entrepreneurship.
  • Minimum Degree in finance, economics, healthcare or life science related field
  • Strong corporate finance and accounting knowledge typically gained through an investment banking analyst program and/or corporate finance and accounting coursework during university
  • Advanced Excel financial modelling skills with ability to build complex models from scratch and independently
  • Excellent written and oral communication skills, attention to detail and work effort
  • Demonstrated passion for cutting edge healthcare technology and early stage companies
  • Proven ability to build relationships and influence key stakeholders internal and external. Ability to gain alignment towards common objectives
  • Highly collaborative. Proven ability to work as a team player and cross-functionally with other teams and stakeholders
  • Demonstrated entrepreneurial drive. High integrity and resourcefulness. Intellectual curiosity and strong learning ability.

Additional InformationDue to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.Intuitive is an Equal Employment Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target salary ranges are listed.Base Salary Range Region 1:$158,700 - $228,300Shift: DayTravel: 25% of the timeWorkplace Type: Purposeful Onsite - This job requires being onsite for leader-defined events and activities which could be monthly/annually. Onsite frequency may increase based on business need.

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