XRC Ventures is a multi-strategy fund investing at the intersection of consumer behavior and advancements in technology. Our investments span the entire end to end consumer experience: supply chain, store tech, online tech, analytics, consumer brands, and martech/adtech. We recently launched XRC Fund IX, are on our 15th cohort, and also established an Opportunity Fund for follow-on investments.
OUR EVOLUTION
XRC Ventures has gone through numerous iterations since our inception as only the XRC Labs accelerator in 2015. From the onset, we have brought together a retail and consumer ecosystem of thought leaders on Wall Street, Retailers, Brands and founders to inform and accelerate the growth of innovative startups. Through those relationships and our over 135 companies invested, XRC Ventures has grown in the number of funds and AUM.
We have migrated from a traditional accelerator sourcing, which is often characterized as spray-and-pray or fund-and-forget, to a pre-seed investing model that identifies and delivers the bespoke services needed to ensure that the startups achieve their next round of funding effortlessly.
We are actively investing in experienced talent to grow the fund into our next phase of growth. We have learned many lessons and our most important is that human capital is the most valuable asset. We are prioritizing excellence and people that can hit the ground running from day one. XRC Ventures is a small team and we give our employees ownership to enable them to contribute across the organization in a meaningful way.
WHO YOU ARE
You would describe yourself as a “deal hound,” eager to see every exciting deal within mandate and have an insatiable desire to connect with founders and other members of the early stage venture ecosystem. You pride yourself on your deal coverage, and are seeking a role where you can increase velocity through pre-seed investing.
Ready to activate your early stage deal flow from day one? Like to roll up your sleeves and work closely with founders? This is the role for you.
We are looking for experienced candidates with prior early stage investing experience in order to “own” the investment process in the Pre-Seed Accelerator Fund. This is not an entry-level venture role. This person will source, advise and support fundraising efforts of portfolio company founders with their deep network within the early stage founder and VC community. Note: the investment scope for this fund is primarily consumer tech and enterprise SaaS companies within Retail, Consumer and Consumer Healthcare (vs. consumer products).
WHAT YOU WILL DO
REQUIRED QUALIFICATIONS
PREFERRED QUALIFICATIONS
New York City based role, we are not open to remote candidates or reimbursing relocation costs. We do not sponsor visas.
Salary range is $175,000 to $200,000 plus carry, based on experience and track record.
OUR VALUES
Companies and teams are held together by shared values. They are tangible statements of the performance we aspire to. These values drive our business in every transaction and interaction.
XRC Ventures is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation and company’s achievement as well.
At XRC Ventures, we
XRC Ventures provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.