Ventures Associate - Cedars-Sinai
About the Company
Redesign Health is a global venture and applied technology firm focused on building next-generation healthcare companies. We manage venture capital and venture buyout strategies, each powered by an AI operating system and team of leading technologists, entrepreneurs, and investors.
Our venture capital strategy backs exceptional founders at the earliest stage, often before an idea is fully formed, providing the first institutional capital and an unmatched degree of strategic healthcare-specific leverage through exit. Our venture buyout strategy partners with proven management teams at existing incumbents via control investments and delivers outsized value by rewiring core products and workflows with AI.
Since inception in 2018, Redesign and our portfolio companies have touched the lives of more than 15 million patients, raised over $1.5 billion from premier institutional, sovereign, and strategic investors, and built distinctive partnerships with marquee healthcare organizations around the world. Redesign is based in New York and has offices in Bengaluru, Los Angeles, and Riyadh.
About the Cedars-Sinai / Redesign Health Partnership
Redesign Health and Cedars-Sinai have launched a Digital Innovation Platform, a first-of-its-kind venture creation engine embedded inside one of the world’s premier academic medical centers. The platform combines Redesign’s healthcare company-building methodology with Cedars-Sinai’s 4,500+ physicians and nurses, its expansive clinical network of 40+ hospitals and sites of care, a purpose-built synthetic and de-identified data platform, and a standing commitment to serve as the first customer for every company the platform creates.
Ideas originate from the clinicians and researchers who see problems up close every day. The companies that emerge are validated in real clinical environments before they ever reach the broader market. This partnership provides a fully committed institutional partner with world-class clinical expertise, deep data assets, and the infrastructure to pilot and validate at scale—all before a company writes its first check to a customer.
About the Role
As a New Ventures Associate, you will research opportunities across the healthcare landscape to identify space for new venture-backable companies to be built or scaled. You will build competitive landscapes and market analyses to separate real opportunities from noise, and help turn that work into investment theses the team can act on. This role evaluates and identifies the right opportunities for venture creation and/or scaling while directing other solutions to the proper channel within the Cedars-Sinai organization.
This is a strong role for someone early in their career who wants exposure to venture at the heart of where healthcare is delivered through a unique partnership. You will work directly with New Ventures and Cedars-Sinai leadership, help turn thematic research into opportunities to fund companies, and have access to clinical and institutional partners. The position is based in Los Angeles and requires working onsite 3-4 days per week in the Cedars-Sinai office.
Responsibilities
- Evaluate and research commercial opportunities in healthcare.
- Identify commercially viable opportunities that address specific challenges within Cedars-Sinai and are emblematic of systemic challenges that health systems across the country face.
- Apply Redesign Health’s scoring frameworks and venture-building methodologies to evaluate, prioritize, and refine innovation opportunities.
- Direct opportunities that don’t meet the level of a new or scalable venture to the right teams or channels.
- Support the infrastructure for the Digital Innovation Program at Cedars-Sinai by fostering a culture of creativity and innovation among staff.
- Engage with stakeholders to learn about various departments and institutes at Cedars-Sinai, fostering collaboration and understanding of organizational needs.
- Drive the identification and evaluation of opportunity zones to determine viable investment theses for company creation.
- Leverage existing infrastructure to fine-tune an end-to-end pathway of evaluation to execution where every stakeholder feels included.
- Build and maintain a strong network of external founders, cultivating relationships with entrepreneurs aligned with Cedars-Sinai's strategic priorities.
- Evaluate external founders for partnership and company creation opportunities that advance Cedars-Sinai's mission and innovation objectives.
- Serve as a thought partner throughout venture development, providing strategic guidance before and after operating company (OpCo) formation.
- Facilitate meaningful connections between founders and Cedars-Sinai stakeholders, resources, clinicians, and ecosystem partners.
- Lead the development and launch of new venture-backed companies that leverage validated opportunities and create meaningful impact across the healthcare ecosystem.
- Successfully launch at least one new company annually in partnership with a founder, translating identified opportunities into scalable healthcare businesses.
Requirements
- 1–3+ years of experience in venture capital, early-stage investing, startups, or a related field.
- Healthcare domain expertise preferred, with the ability to develop original investment theses across care delivery, health tech, and digital health.
- Fluency in business model analysis, primary and secondary research, investment thesis development, and financial modeling.
- Bachelor’s degree required with demonstrated academic excellence.
Skills
- Institutional Credibility: You hold your own in a room with senior clinicians and health system executives. You have worked inside or alongside a complex organization and understand how decisions actually get made, who needs to be brought along, and how to be useful to the people building internal support.
- Analytical Rigor: You take an ambiguous question about a market and turn it into a clear, defensible answer. You build competitive landscapes, size markets, and pressure-test your own assumptions, and you can tell the difference between a finding that holds up and one that just looks clean.
- Commercial Curiosity: You want to understand how businesses actually make money. You think about who pays, why they pay, and whether a model can hold up, and your questions get sharper as your sense for healthcare economics develops.
- Bias to Output: You move work forward without being managed through it. You hold several threads at once, hit your commitments, and produce clean material the team can put in front of leadership. When something is stuck, you surface it early rather than letting it drift.
- Self-Starter: You are comfortable working independently and can own the execution of your own responsibilities. You are proactive in transforming your workflows and don’t wait for someone else to tell you something is wrong or should be improved.
- Clear Communicator: Able to translate analyses into concise insights for senior leaders, investment committees, and management teams.
- Entrepreneurial: You are resourceful, proactive, and comfortable building from ambiguity. You treat the sourcing engine itself as a product to be developed.
- Bias for Action: Thrives in a fast-paced, entrepreneurial environment characterized by urgency, ownership, and adaptability.
- Technology Innovator: You proactively leverage AI and emerging technology tools to create extraordinary productivity and impact. You think ahead about how your role will evolve and independently experiment with, adopt, and refine technology-driven solutions.