US Investment Associate

Flourish Ventures

Washington, DC, USA
Posted on March 25, 2024

About Flourish Ventures:
Flourish is a global venture firm that backs disruptive technology companies whose entrepreneurs seek to redefine the financial services sector and whose innovations help people achieve financial health and prosperity.

Flourish invests at the early stage across key investment themes. With over $850M of capital under management, our global portfolio spans across North America, South America, Asia and Africa. Our current portfolio includes 70+ fintech innovators across disruptive categories including challenger banks, embedded finance, infrastructure, insurtech, personal finance and regtech. In addition to our venture investments, we also partner with ecosystem-building entrepreneurs, thought leaders, and regulators.

Our team of dedicated, global specialists is culturally and geographically diverse. We are a small, flat team that combines a high degree of autonomy with a culture of close collaboration. We strive to be close to the entrepreneurs we support and to understand the people they serve.

Flourish deploys half of its capital annually in the US and our portfolio includes leaders such as Alloy, Chime, Clerkie, Hummingbird, Jetty, Kin, Propel, Skipify, and Unit, among others. We complement our disruptive fintech investments with meaningful partnerships across thought leaders and research partners in the sector, including the Financial Health Network and Alliance for Innovative Regulation.

Position Summary:
We are seeking an energetic self-starter to join our US investment team as an Investment Associate in Washington DC[1].

The candidate will be primarily responsible for sourcing and evaluating new investment opportunities, performing due diligence and market research, developing investment theses, and supporting existing portfolio companies. In addition, the candidate will help to advance innovative ecosystem initiatives, including efforts to expand diversity in US FinTech. The Associate role features the chance to hone direct investment skills on cutting-edge deals, work closely with C-suite leaders at exciting fast-growth start-ups, and gain broad exposure to the early-stage venture capital ecosystem.

This individual’s responsibilities will include the following:

Roles and Responsibilities: 

  • Actively contribute to sourcing and managing the investment pipeline, including representing Flourish at industry-leading events and conferences;
  • Drive due diligence and deal execution efforts for prospective investments (e.g., assess business plans; conduct market research; build detailed financial models);
  • Evaluate market trends and help to develop new investment themes;
  • Support the design and execution of innovative ecosystem initiatives, including efforts to advance diversity and inclusion in US FinTech;
  • Facilitate portfolio engagement efforts and post-close performance management;
  • Communicate and collaborate internally to advance Flourish’s strategy and mission, and support on a variety of events and projects, as needed.

Education, Experience and Requirements:

  • 3-5 years of prior experience at a VC/PE fund, investment bank, management consulting firm, or in a corporate / startup investment role;
  • Strategic thinker with outstanding analytical, deal evaluation, and financial modeling skills;
  • High-energy and independent self-starter, entrepreneurial spirit, and great teammate;
  • Excellent written and oral communication skills, with strong networking capabilities;
  • Financial services and/or technology domain knowledge strongly preferred;
  • Prior demonstrated interest in/experience with advancing diversity and inclusion;
  • Comfort with working in a fast-paced, highly collaborative, global team;
  • Advanced degree preferred.

Compensation, Benefits, and Perks:

  • Flourish is a small team of diverse individuals dedicated to the vision of bringing Fair Finance systems to all. We have a high bar of hiring values-aligned, mission-driven team members, so in turn we strive to offer best in class benefits and market driven compensation.
  • In addition to our competitive pay and inclusive carry plan, Flourish Ventures offers medical, dental, and vision benefits, unlimited PTO, a 401(k) with employer matching, and a 16-week parental leave policy. We offer perks including monthly wellness stipend, free coaching and therapy sessions, professional development stipend, and an annual team retreat,
  • This is a full-time, salaried role. The all-in compensation range for this role is $123-167K.

Commitment to Diversity, Equity, and Inclusion:

Flourish firmly believes that diversity and inclusion make us more successful in our work, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. All qualified applicants will receive consideration for employment without regard to race, national origin, age, sex, religion, disability, sexual orientation, marital status, veteran status, gender identity or expression, or any other basis protected by local, state, or federal law.

Location: Washington DC

[1] While strong preference will be given to candidates who can be based in Washington DC, we remain open to exceptional candidates based in other locations.

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