Associate, Healthcare

About the role

B Capital is looking for a pre-MBA Associate for the Healthcare AI Team who has an incredible drive to assist in the investment process from end-to-end on investments from Series A to Growth Equity. The role requires a background in finance, familiarity with AI, and maturity, flexibility, intellectual curiosity, and a proven track record of turning ideas into action. The individual will work across healthtech and digital health.

Responsibilities

• Market research
  • Develop market research and investment theses to guide sourcing efforts.
  • Source new investment opportunities based on investment themes and research.
  • Follow AI trends in healthcare.
• Deal screening and evaluation
  • Evaluate and assess the viability of investment materials received from potential companies.
  • Lead key pieces of diligence on investment opportunities and deal processes (e.g., audit, tax, legal, financial modeling).
• Building company value
  • Deliver high-touch support to portfolio companies across a number of operating areas.
  • Utilize the firm’s and BCG’s networks to connect companies with the highest value customer targets.

Requirements

• Passion for disruptive technology.
• 1-3+ years of relevant work experience strongly preferred (e.g., investment banking on a healthcare team or work on a finance or BD team in an operating role).
• An undergraduate degree in economics, data science, biology, biomedical engineering, engineering with biology, biochemistry, or other relevant fields is highly desired.
• Excellent quantitative and qualitative analytical skills.
• Prior VC/PE investing experience not required, but a plus. Finance experience is highly desired.
• Must be based in San Francisco or willing to relocate; hybrid work schedule (3 days in SF office).

Skills

• Strong analytical abilities and intellectual curiosity, particularly in new and emerging technologies.
• Awareness of the market and a perspective on potential investable market trends, especially in AI-related approaches.
• Experience distilling ideas and insights into clean, digestible formats (e.g., slides, documents).
• Experience with detailed financial modeling, including P&L, balance sheet, and cash flow statements, as well as quantitative market research (e.g., valuation comps).
• Exposure to core venture capital “math” skills (e.g., cap table, returns modeling) and familiarity with standard venture terms and concepts is a plus.
• Entrepreneurial spirit to help shape new portfolio investments and the firm’s own company.
• Exceptional interpersonal skills, business judgment, and work ethic.

About B Capital

B Capital invests globally in extraordinary founders and businesses shaping the future through technology. With approximately $10 billion in assets under management and dedicated stage-based funds, the firm focuses on seed to early- and late-stage venture growth investments, primarily in the technology, healthcare, and resilience tech sectors. Founded in 2015, B Capital has an integrated, global team across nine locations in the U.S. and Asia. The firm’s value-add platform, together with the consulting expertise of its strategic partner, The Boston Consulting Group, provides entrepreneurs with the tools and resources to scale quickly and efficiently, expand into new markets, and build market-leading businesses.

Core Values

• Generosity: Collaborative and always willing to share time and knowledge.
• Resilience: Persistent and determined to succeed, persevering through challenges.
• Open-mindedness: Curious and welcoming, with a global perspective and commitment to diversity, equity, and inclusion.
• Will: Belief in the companies invested in and dedication to helping them change the world for the better.
• Teamwork: Values relationships above all, building trust and respect with founders, investors, partners, and colleagues.
• Humility: Adds value by going beyond for founders and LPs, striving to let work speak for itself.

Pay

The salary range is $110,000–$130,000 and will be commensurate with relevant experience. Salary range applies to California candidates only.

Schedule

Hybrid work schedule (3 days in SF office).