New Ventures Associate - Cedars-Sinai

Redesign Health•New York, NY

3d•Hybrid

About The Position

This role is responsible for creating new ventures within the healthcare landscape by researching opportunities, building competitive landscapes, and developing investment theses. The New Ventures Associate will work within a unique partnership between Redesign Health and Cedars-Sinai, embedded inside a leading academic medical center. This position offers exposure to venture creation at the heart of healthcare delivery, working directly with leadership and having access to clinical and institutional partners. The role involves evaluating commercial opportunities, identifying viable ventures, supporting the innovation program infrastructure, and building relationships with external founders and the local innovation community. The goal is to identify and evaluate opportunities for company creation and/or scaling, and to successfully launch at least one new company annually in partnership with a founder.

Requirements

1–3+ years of experience in venture capital, early-stage investing, startups, or a related field.
Healthcare domain expertise preferred with the ability to develop original investment theses across care delivery, health tech, and digital health.
Fluency in business model analysis, primary and secondary research, investment thesis development, and financial modeling.
Bachelor’s degree required with demonstrated academic excellence.
Institutional Credibility: Ability to hold your own in a room with senior clinicians and health system executives; experience working inside or alongside a complex organization and understanding decision-making processes.
Analytical Rigor: Ability to turn ambiguous market questions into clear, defensible answers; build competitive landscapes, size markets, and pressure-test assumptions.
Commercial Curiosity: Desire to understand how businesses make money, including who pays, why they pay, and model sustainability.
Bias to Output: Ability to move work forward without constant management, hold multiple threads simultaneously, hit commitments, and produce clean material for leadership.
Self-Starter: Comfortable working independently, owning execution, and proactively transforming workflows.
Clear Communicator: Able to translate analyses into concise insights for senior leaders, investment committees, and management teams.
Entrepreneurial: Resourceful, proactive, and comfortable building from ambiguity; treating the sourcing engine as a product to be developed.
Bias for Action: Thrives in a fast-paced, entrepreneurial environment characterized by urgency, ownership, and adaptability.
Technology Innovator: Proactively leverages AI and emerging technology tools for productivity and impact; thinks ahead about role evolution and independently experiments with technology-driven solutions.

Nice To Haves

Preference for candidates with exposure to healthcare and digital health.

Responsibilities

Evaluate and research commercial opportunities in healthcare.
Identify Commercially Viable Opportunities that address specific challenges within Cedars-Sinai and are emblematic of systemic challenges faced by health systems nationwide, ensuring strategic alignment with organizational goals.
Apply Redesign Health’s scoring frameworks and leverage RH venture-building methodologies to evaluate, prioritize, and refine innovation opportunities.
Direct opportunities that do not meet the criteria for new or scalable ventures to appropriate teams or channels.
Foster a culture of creativity and innovation among staff by promoting the innovation program across the organization.
Engage with stakeholders to understand various departments and institutes at Cedars-Sinai, fostering collaboration and understanding of organizational needs.
Drive the identification and evaluation of opportunity zones to determine viable investment theses for company creation.
Leverage existing infrastructure (internal submissions, research areas, founder referrals) to refine an end-to-end pathway from evaluation to execution, ensuring all stakeholders are included.
Source and co-ideate with founders once an opportunity is identified.
Build and maintain a strong network of external founders, continuously cultivating relationships with entrepreneurs aligned with Cedars-Sinai's strategic priorities.
Evaluate external founders for partnership and company creation opportunities that advance Cedars-Sinai's mission and innovation objectives.
Serve as a thought partner throughout venture development, providing strategic guidance before and after operating company (OpCo) formation.
Facilitate meaningful connections between founders and Cedars-Sinai stakeholders, resources, clinicians, and ecosystem partners.
Lead the development and launch of new venture-backed companies that leverage validated opportunities and create meaningful impact across the healthcare ecosystem.
Successfully launch at least one new company annually in partnership with a founder, translating identified opportunities into scalable healthcare businesses.