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Venture Associate

Los Angeles
Full-Time
Posted on 
June 20, 2021
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Job Description

Higher Ground Labs is a venture fund and accelerator for progressive tech. We invest in for-profit startups that help progressive causes and campaigns advance their missions. Our platform is backed by some of the best investors in the world, including Reid Hoffman, Ron Conway, and Chris Sacca.

HGL’s 36 portfolio companies helped Democrats win the 2018 and 2020 elections. Over 10,000 Democratic campaigns used our products to reach over 150 million voters. Federal, state, and local campaigns -- along with non-profits, labor unions and progressive corporations -- relied on our tools to drive unprecedented civic engagement and change.

We are now investing out of our third fund and broadening our investment mandate. We are seeking startups that can both help progressive candidates win, and support progressive outcomes. Along with campaign tech, this potentially includes non-profit tech, mental-health tech, news and media tech, to name a few. We are building out the investment team to meet this expanded mandate.

What you’ll do:

You’ll be a member of the investment team at HGL, reporting to Co-Founder of Higher Ground Labs, Shomik Dutta. You’ll be responsible for sourcing new deals, running investment diligence, maintaining financial models, building presentations, business coaching, and evaluating follow-on opportunities within the portfolio.

What we’re looking for:

- 2-4 years experience working in venture, investment banking, or management consulting

- Fluidity with investment diligence, financial modeling, powerpoint presentations  

- Problem solver; business thinker; independent operator; comfortable with ambiguity

- Interest in investing, tech startups, and progressive politics

Benefits:

- We are a tight team with low decision overhead. We will invest in many of the founders and companies that you source. You will learn the business of venture capital and impact investing here

- Be part of a company with a real mission you can be proud of

- We offer a great benefit package, including health care, parental leave, 401K and a tech stipend-Unlimited PTO and sick leave

- Work from home stipends

Location + Salary:

LA based $125k with benefits


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