Venture Associate

Union Heritage • Detroit, MI

80d • $130,000

About The Position

Union Heritage Ventures, an early-stage investor headquartered in Detroit, Michigan, is seeking a motivated Venture Associate to become a core member of our investment team. The Venture Associate will play a key role in evaluating prospective portfolio companies, preparing investment memos, and supporting the fund’s decision-making process. This role provides direct exposure to early-stage venture capital and a hands-on opportunity to sharpen analytical, financial, and strategic skills.

Requirements

• MBA or advanced degree preferred.
• Strong analytical and financial modeling skills; demonstrable proficiency in Excel.
• Proficiency in Keynote/Google Slides and the ability to structure and communicate findings clearly.
• Excellent written communication skills, with the ability to prepare concise and insightful investment memos.
• Ability to work independently, as well as within a collaborative team environment.
• Strong intellectual curiosity and interest in startups, venture capital, innovation, and the journey of a startup founder.
• 2-3 years of prior experience in finance, consulting, or startup environments (preferred but not required).

Responsibilities

• Conduct due diligence on prospective investment opportunities as part of the core Investment Team.
• Prepare written investment memos, including analysis of company and opportunity, business model strengths and weaknesses, financial projections, go-to-market strategy, execution analysis, risk assessment, and exit modeling.
• Perform industry research and competitive analysis to contextualize investment opportunities.
• Build and refine financial models in Excel, including sensitivity and scenario analyses.
• Develop and maintain presentations in Keynote/Google Slides for internal discussions with the Investment Committee.
• Manage deal flow CRM and track portfolio KPIs post-investment.
• Collaborate with the Investment Team on diligence workstreams and execute assigned projects independently.
• Engage with the start-up ecosystem through industry events and networking opportunities.

Benefits

• $130k/year salary + year end bonus
• Company pays 50% of medical, dental, vision plan
• 401(k) match of employee contribution up to 2% of salary

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Master's degree