Connecticut Innovations Director, Investments I Technology Fund

Connecticut Innovations • New Haven, CT

7d • Hybrid

About The Position

Connecticut Innovations (CI) is seeking a Director, Venture Team to support its Technology Fund. CI is Connecticut's strategic venture capital arm and a significant investor on the East Coast, with a diverse portfolio and a focus on life sciences, technology, and climate tech. CI invests in early-stage companies, provides follow-on capital, and invests as a Limited Partner in venture funds. Since 1995, CI has invested over $700 million, with a leveraging power of 10X. In the fiscal year ending June 30, 2025, CI invested $45.8 million in 67 companies and funds, attracting an additional $653 million in outside capital. The organization fosters a vibrant, diverse, collaborative, and inclusive culture, with its New Haven headquarters serving as a hub for partnership and innovation. The Technology Fund specifically has invested over $140 million in Connecticut's high-tech companies, focusing on FinTech, InsurTech, SaaS, and PaaS. The role involves a hands-on venture capital experience in an innovative and collaborative environment, with the opportunity to make a significant economic impact on Connecticut.

Requirements

• Hands-on experience with FinTech, InsurTech, SaaS, artificial intelligence, quantum, machine learning, deep learning, natural language processing and/or computer vision models and technologies.
• Master's and/or higher degree in business or computer science. Minimum undergraduate degree in computer science or the equivalent.
• Excellent oral and written communication skills.
• Connecticut residency is required.

Nice To Haves

• Experience as a founder or early-stage entrepreneur is highly preferred.
• Startup/growth experience in a venture-backed, tech company is highly valued.
• 5+ years of experience in venture capital, private-equity, and/or investment management in tech companies preferred.
• Experience in investment origination, due diligence, deal execution, and portfolio company management preferred.
• Experience in conducting market, product, competitive and valuation analysis in deep-tech companies preferred.
• Knowledge of financial statements, business plans, and legal documentation.

Responsibilities

• Executing investment strategy by researching and cultivating promising investment opportunities.
• Participating in all phases of the investment process including sourcing, due diligence, meetings with management, company and industry research, financial modeling, and writing investment recommendations.
• Monitoring portfolio companies post-investment.
• Supporting portfolio companies on strategic growth initiatives.
• Potentially serving as a board member or observer for portfolio companies.
• Prospecting for new investment opportunities.
• Conducting market, product, and competitive analysis on each potential investment.
• Developing financial models and valuation assessments.
• Collaborating with internal team members to structure, negotiate, and finalize deal terms.
• Preparing reports and proposals regarding potential investments and portfolio companies.
• Presenting investments for approval to CI advisory committees and committees of the CI Board of Directors.
• Supporting portfolio companies by identifying strategic, marketing, and partnership opportunities to accelerate growth and value creation.

Benefits

• Competitive starting salary
• Additional bonus opportunities based on team and individual investment performance
• Generous paid time off
• Culture that encourages work-life balance

What This Job Offers

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