New Ventures Principal, Cedars at Redesign Health

New York, New York, United States

Redesign Health Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Skills

Key technologies and capabilities for this role

financial analysisquantitative analysismarket diligencebusiness plan creationbusiness analysiscompetitive analysisstrategyoperationsproduct managementfinancehealthcare

Questions & Answers

Common questions about this position

What is the work location and arrangement for this role?

The position is hybrid and based in Los Angeles, requiring approximately 3-4 days per week onsite.

What is the salary for this position?

This information is not specified in the job description.

What experience and skills are required for this role?

Candidates need 5-7 years of experience in management consulting, investment firm, banking, corporate strategy, or research, plus healthcare experience, with skills in cross-functional work, financial and quantitative analyses, market diligence, and behavioral traits like entrepreneurial drive and effective communication.

What is the company culture like at Redesign Health?

This information is not specified in the job description.

What makes a strong candidate for this Principal role?

A strong candidate holds a Bachelor’s Degree with high academic achievement, has 5-7 years of relevant experience in consulting, investment, or strategy, brings healthcare experience, and demonstrates entrepreneurial drive, ability to manage complexity, action orientation, and effective communication.

Redesign Health

Creates and scales healthcare companies

About Redesign Health

Redesign Health creates and scales new healthcare companies to address significant health challenges. They identify needs in the healthcare sector and build businesses from the ground up, focusing on both patients and healthcare providers. Their process involves thorough research and leveraging a network of over 200 relationships within the industry to inform their ventures. Unlike traditional investors, Redesign Health actively recruits top-tier founders to lead these new companies, ensuring they have the potential for substantial growth. The company generates revenue through the healthcare services provided by its portfolio companies and through potential exits like acquisitions or public offerings. Their goal is to improve human health by rapidly advancing innovative solutions in the healthcare market.

New York City, New YorkHeadquarters
2018Year Founded
$479MTotal Funding
LATE_VCCompany Stage
HealthcareIndustries
201-500Employees

Benefits

Full medical, dental, and vision coverage with no monthly contribution for you and your dependents (for all of our plans!)
Quarterly in-home house cleaning
$50 a month wellness stipend
401K match
Student loan repayment contribution
Tax preparation services
Unlimited PTO
An annual 2-week company-wide winter break
2 months sabbatical after 4 years
Reimbursements to Spotify & Headspace
16 week full paid parental leave
Maven Clinic access with $10k lifetime contributions to fertility & adoption services
Diaper subscription service & summer camp reimbursement program

Risks

Increased competition from hospital-backed startups could challenge market position.
Internal competition among portfolio companies may dilute focus and resources.
Pressure for rapid scaling from significant investments could lead to strategic missteps.

Differentiation

Redesign Health creates companies from scratch, not just investing in existing ones.
They leverage extensive industry relationships to identify and address healthcare challenges.
Their model involves ideating, building, and scaling healthcare companies rapidly.

Upsides

Secured $175 million to scale operations, showing strong investor confidence.
Focus on geriatric mental health aligns with growing senior population needs.
Launch of specialized startups like Sounder Benefits highlights niche market opportunities.

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