Associate, Healthcare

B Capital • San Francisco, CA

1d • $110,000 - $130,000 • Hybrid

About The Position

B Capital is seeking a pre-MBA Associate for its Healthcare AI Team, based in San Francisco, California. The Associate will support the end-to-end investment process, from Series A through growth equity, and work across healthtech and digital health. The role involves research-driven sourcing, market and sector research, deal evaluation, and detailed business and financial due diligence, including complex financial modeling. The position calls for a finance background, familiarity with AI, intellectual curiosity, flexibility, maturity, and a track record of translating ideas into action.

The Associate will develop research and investment theses, source and evaluate investment opportunities, lead key diligence workstreams, and provide hands-on support to portfolio companies. The role is hybrid, with three days per week in the San Francisco office. Candidates must be based in San Francisco or comfortable relocating there.

B Capital invests globally in technology-driven businesses, with approximately $10 billion in assets under management and investments spanning seed through early- and late-stage venture growth. Founded in 2015, the firm has teams across nine locations in the U.S. and Asia. Its value-add platform and strategic partner, The Boston Consulting Group, support entrepreneurs as they scale, enter new markets, and build businesses.

Requirements

• Passion for disruptive technology.
• Strong analytical abilities and intellectual curiosity, particularly regarding new and emerging technologies.
• Awareness of the market and the ability to form perspectives on potential investable market trends, particularly AI-related approaches.
• Ability to distill ideas and insights into clear, digestible formats such as slides and documents.
• Experience with detailed financial modeling, including P&L, balance sheet, and cash flow statements, and quantitative market research such as valuation comparables.
• Exceptional interpersonal skills, business judgment, and work ethic.
• Must be based in San Francisco or comfortable relocating there.

Nice To Haves

• 1–3+ years of relevant work experience, such as healthcare investment banking or experience on a finance or business development team in an operating role.
• An undergraduate degree in economics, data science, biology, biomedical engineering, engineering with biology, biochemistry, or another relevant field.
• Prior VC or PE investing experience.
• Finance experience.
• Exposure to venture capital math, such as cap tables and returns modeling, and familiarity with standard venture terms and concepts.
• Entrepreneurial spirit to help shape portfolio investments and the firm.

Responsibilities

• Develop market research and investment theses to guide sourcing efforts.
• Source new investment opportunities based on investment themes and research.
• Follow AI trends in healthcare.
• Evaluate the viability of investment materials received from potential companies.
• Lead key parts of investment diligence and deal processes, including audit, tax, legal, and financial modeling work.
• Provide high-touch support to portfolio companies across operating areas.
• Use the firm’s and BCG’s networks to connect portfolio companies with high-value customer targets.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level