About City Light Capital:
City Light (LinkedIn, Crunchbase) is a venture capital firm that invests early in impactful companies. We partner with experienced teams building category-defining solutions in the areas of education, healthcare, and the environment - where more revenue equals better lives at scale, every time. As one of the earliest and most successful impact investing firms, City Light has a track record of identifying and scaling impact in ways that build better companies. Some key portfolio investments are 2U (Nasdaq: TWOU), ShotSpotter (Nasdaq: SSTI), Bicycle Health, OhmConnect, and Headspace Health.
About The Job:
City Light Capital is seeking an energetic, passionate, and intellectually curious Associate to join our investment team. This position is ideal for someone with several years of relevant experience who is passionate about venture capital, entrepreneurship, and impact investing. City Light Capital is looking for a team member who can take a leading role in our investment process, learn and adapt quickly to a fast-moving start-up environment, and would be able to take on multiple projects at the same time.
The position will be based out of our office in New York City.
Key Responsibilities:
- Take leading role in due diligence of potential venture capital investments. Prepare thoughtful and rigorous analysis of prospective fund investments, including sector, financial, founder analysis
- Lead diligence calls with entrepreneurs and develop recommendations on investments to present to the investing team
- Support City Light sourcing activities by leveraging existing network and establishing new relationships with founders/CEOs, investors and industry experts. Know how to identify winning technology & teams
- Continue building sector-specific expertise in City Light’s sectors and sharing learnings with the firm
- Work with investing team to support portfolio companies post-investment
- Work closely to oversee junior investing team members and with senior investing team across the deal process
- Develop, maintain, and oversee creation of financial models to evaluate investment opportunities
- Conduct and oversee creation of market research on City Light’s three sectors of interest (care, education, and climate)
- Help the team effectively manage/track large seed portfolio (including portfolio onboarding)
Requirements
Ideal Qualifications:
- 2-4 years of relevant professional experience including some venture capital experience
- Strong venture capital foundations - understanding what makes a good investment, financial and market analysis, financial modeling, venture capital deal terms, growing network
- Strong interest and growing expertise in one or multiple of our sectors
- Excellent financial modeling skills, and strong market research capabilities
- Strong written and verbal communication skills, including the ability to build rapport with founders/investors/industry leaders, and impart key insights clearly and efficiently
- Demonstrated passion for City Light’s mission
- Ability to work with cutting-edge tech
- New York based role
Ideal Personal Attributes:
- Passionate about the City Light mission
- “Self-starter” mentality and strong attention to detail
- Team player and quick learner
- Desire to learn and teach
- Impeccable work ethic
- Willingness to learn new skills when required
Benefits
Interested individuals should submit a cover letter and resume using the link below. City Light is an equal-opportunity employer. City Light provides an extensive benefits package, including health benefits, disability, and life insurance, generous paid leave, and a flexible work schedule (although NY-based is a must). Compensation will be considered on an individual basis, looking at items like experience. The total compensation range for this position is anticipated to be between 120,000 & 150,000.
