Investment Associate (Clinical Innovation)

Sandbox Industries

Sandbox Industries

Accounting & Finance
Chicago, IL, USA
Posted 6+ months ago
We are seeking passionate and self-motivated people to join our growing clinical innovation investment team. Within clinical innovation, our team seeks to invest in precision medicine, diagnostics, medical devices, and artificial intelligence for diagnosis, treatment, and trials. This role offers tremendous growth opportunities and exposure across the entire investment lifecycle. We are looking for a candidate who is self-motivated, detail oriented, and intellectually curious and is excited to contribute to our team’s growth.
Responsibilities:
  • Source potential investment opportunities
  • Perform financial modeling and analysis of growth and venture stage companies
  • Conduct investment due diligence on companies of all stages and support investment committee presentations
  • Record all deal information for reporting and trend analysis
  • Research and report on industry trends and potential new business models
  • Cultivate and manage relationships with key industry contacts, including limited partners
  • Assist in all aspects of portfolio company management, including exposure roles on portfolio company boards
Experience:
  • 2-5 years’ experience in venture capital, investment banking, management consulting or a related field, preferably with exposure to healthcare or medical technology
  • Experience with financial modeling and analysis
  • Demonstrated interest and understanding of medical technologies, digital health, and the broader hospital and payor ecosystem
  • In addition to a bachelor’s degree, an advanced degree or background in life sciences, biomedical engineering, or related medical field is highly preferred
Skills:
  • Excellent verbal and written communication skills, with the ability to articulate complex ideas clearly
  • Strong interpersonal skills with the ability to build relationships and network within the med-tech and venture capital communities
  • Strong analytical and quantitative skills with proficiency in financial modeling and valuation
  • Intellectual curiosity and ability to ask hard questions within complex domains, including comfort and familiarity with scientific technical due diligence­
  • Track record of good judgment and ability to navigate ambiguity
  • Ability to prioritize and manage multiple initiatives in a fast-paced, entrepreneurial environment
­­General:
  • This role is based in Austin, TX, Chicago, IL, or Palo Alto, CA, with occasional travel
  • Sandb­­ox Industries compensation has a long-term outlook and philosophy. Base pay range for this role is $100k - $130k, commensurate with experience. Position is eligible for discretionary bonuses based on individual, team, and company performance.
About Sandbox
Sandbox Industries invests in innovation to drive lasting change across healthcare, insurance, and food and agriculture. In line with our mission, Sandbox Industries has served as the exclusive provider of investment management services to the Blue Venture Funds for over a decade.
The Blue Venture Fund, a unique collaboration among Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association, and Sandbox Industries, is owned, governed and capitalized by participating Blue Plans and affiliates. The Blue Venture Fund invests in venture and growth opportunities within healthcare technology, healthcare services and clinical sciences. Within clinical innovation, our team seeks to invest in precision medicine, diagnostics, medical devices, and artificial intelligence for diagnosis, treatment, and trials.
Sandbox is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law.