Venture Ecosystem Principal at Redesign Health

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Venture Capital, Health TechnologyIndustries

Requirements

5+ years experience at a venture firm or a venture-backed company involved in deal/founder sourcing, deal closing, or startup fundraising
Existing venture ecosystem network
Fluency in financial modeling, valuation methodologies, and deal structuring
Excellent written and verbal communication skills
Self-starter who is able to work independently and collaboratively
Action Oriented: Readily take action on new opportunities with a sense of urgency, high energy, and enthusiasm; display a can-do attitude, and step up to handle tough issues
Network Building: Deep connectivity to the venture ecosystem with a proven ability to build, nurture, and maintain meaningful relationships
Manages Complexity: Ask the right questions to accurately analyze situations and uncover root causes to difficult issues; acquire data from multiple and diverse sources to make sense of complex, high-quantity, and sometimes contradictory information to solve problems
Business Insights: Use knowledge of business drivers and how strategies and tactics play out in the market to guide actions
Technology Innovator: Track record of proactively leveraging AI and other emerging technology tools to create extraordinary productivity and impact; built systems and workflows

Responsibilities

Build and own Redesign’s relationships with the venture community
Identify dynamics in the evolving venture market and opportunities to partner on co-builds or existing deals
Contribute thematic and market insights to research and co-ideation processes with founders as well as to existing portfolio company founders; make recommendations for thematic white spaces of opportunity
Source founders through venture ecosystem network building
Close and structure co-build NewCo deals and bring in capital alongside existing pre-seed deals
Share market insights regarding strategic finance, benchmarks, and fundraising/capital structure with existing portfolio companies
Provide partnership and advice to portfolio company founders on venture firm relationship building and fundraising
Build roster of relationships and insights to benefit portfolio company fundraising processes
Host events and attend conferences with potential founders and venture firms
Contribute to Redesign’s thought leadership in the early stage healthcare AI community
Produce content to attract founders and venture co-build relationships

Skills

Key technologies and capabilities for this role

venture capitalrelationship buildingdeal sourcingdeal structuringmarket analysisfounder sourcingstrategic financecapital marketsco-ideationinvestment committee

Questions & Answers

Common questions about this position

What experience is required for the Venture Ecosystem Principal role?

Candidates need 5+ years of experience at a venture firm or venture-backed company involved in deal/founder sourcing, deal closing, or startup fundraising, along with an existing venture ecosystem network.

What key skills are essential for this position?

Fluency in financial modeling, valuation methodologies, and deal structuring is required, plus excellent written and verbal communication skills and the ability to work independently as a self-starter.

Is this role remote or hybrid?

The position is hybrid.

What is the company culture like at Redesign Health?

Redesign Health emphasizes grit, technical excellence, and teamwork to create breakthrough innovations in global health technology, seeking builders who share their ambitious vision.

What makes a strong candidate for this role?

A strong candidate will have 5+ years in venture deal sourcing or fundraising, an established network in the venture ecosystem, and expertise in financial modeling and deal structuring.

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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