Associate, Healthcare
B Capital
$110,000 - $130,000 / year
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Description
POSITION SUMMARY:
B Capital is seeking a pre-MBA Associate for the Healthcare AI Team in our San Francisco, CA office with a strong drive to support the end-to-end investment process, from Series A to Growth Equity. Primary responsibilities include identifying new healthcare investment opportunities through research-driven sourcing; researching market and sector trends; evaluating deals; and conducting detailed business and financial due diligence, including complex financial models. The individual will work across healthtech and digital health. The role requires a background in finance, familiarity with AI, and maturity, flexibility, intellectual curiosity, and a proven track record of turning ideas into action.
BASIC JOB RESPONSIBILITIES:
Market research
- 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
Deal screening and evaluation
- Evaluate and assess the viability of investment materials we receive from potential companies.
- Lead key pieces of diligence on investment opportunities and deal processes (e.g., audit, tax, legal, financial modeling, etc.).
Building company value
- Deliver high-touch support to our portfolio companies across a number of operating areas.
- Utilize the firm’s and BCG’s networks to connect companies with the highest value customer targets.
BASIC JOB REQUIREMENTS:
- Passion for disruptive technology.
- 1-3+ years of relevant work experience strongly preferred (e.g., investment banking on a healthcare team or work on a finance or BD team in an operating role)
- An undergraduate degree in economics, data science, biology, biomedical engineering, engineering with biology, biochemistry, or other relevant fields is highly desired.
- Excellent quantitative and qualitative analytical skills.
- Prior VC/PE investing experience not required, but a plus. Finance experience is highly desired.
- The role will be based in San Francisco, and you must be comfortable relocating or presently be based in SF
- Hybrid Work (3 days in SF office)
KEY COMPETENCIES:
The ideal candidate has strong analytical abilities and is intellectually curious – particularly in terms of new and emerging technologies.
- Awareness of the market and a perspective on potential investable market trends, particularly in AI related approaches.
- Experience distilling ideas and insights into clean, digestible formats (e.g., slides, documents) required.
- Experience with detailed financial modeling, including P&L, balance sheet, and cash flow statements, as well as quantitative market research (e.g., valuation comps) required.
- Exposure to core venture capital “math” skills (e.g., cap table, returns modeling) and familiarity with standard venture terms and concepts is a plus.
- Entrepreneurial spirit to help us shape new portfolio investments and our own company.
- Exceptional interpersonal skills, business judgment, and work ethic.
ABOUT B CAPITAL
B Capital invests globally in extraordinary founders and businesses shaping the future through technology. With approximately $10 billion in assets under management and dedicated stage-based funds, the firm focuses on seed to early- and late-stage venture growth investments, primarily in the technology, healthcare and resilience tech sectors. Founded in 2015, B Capital has an integrated, global team across nine locations in the U.S. and Asia. The firm’s value-add platform, together with the consulting expertise of its strategic partner, The Boston Consulting Group, provides entrepreneurs with the tools and resources to scale quickly and efficiently, expand into new markets and build market-leading businesses. For more information, click here.
B CAPITAL GROUP CORE VALUES:
- Generosity: We’re collaborative and always willing to share our time and knowledge.
- Resilience: We’re persistent and determined to succeed, persevering through challenges and seeing change as an opportunity.
- Open-mindedness: We’re curious and welcoming. Our global perspective and commitment to diversity, equity, and inclusion make our culture stronger and more innovative.
- Will: We believe in the companies we’ve invested in and we’ll do everything in our power to help them change the world for the better.
- Teamwork: We value our relationships above all. We work hard to build trust and respect with founders, investors, partners and colleagues.
- Humility: We add value by going beyond for founders and LPs. We strive to let our work speak for itself.
B Capital Global US LLC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected under federal, state or local law.
The salary range is $110,000-$130,000 and will be commensurate with relevant experience.
Salary Range applies to California candidates only. The actual salary may be subject to change.
Benefits
- stock options
About this role
B Capital's Healthcare AI Team is building out investment capabilities in healthtech and digital health, and this Associate role sits at the center of that work. You'd own pieces of the full investment lifecycle—from identifying promising companies through market research and sourcing, to evaluating deals and running detailed financial and operational due diligence. The work spans both the analytical side (building investment theses, financial modeling, valuation analysis) and the relationship side (supporting portfolio companies, leveraging the firm's and BCG's networks to create value). This is a pre-MBA role designed for someone ready to move quickly between different types of problems.
The ideal candidate brings 1-3 years of relevant finance or business experience—whether that's healthcare investment banking, corporate development, or a finance role in an operating company. You'll need strong quantitative skills and comfort building detailed financial models, but equally important is the ability to synthesize complex information into clear, actionable insights. A background in economics, data science, biology, or engineering is highly valued, and genuine curiosity about AI and emerging technologies in healthcare is essential. Prior VC or PE experience isn't required, but familiarity with venture fundamentals (cap tables, term sheets, returns modeling) is a plus.
The role is hybrid, requiring three days per week in the San Francisco office, and the salary range is $110,000–$130,000 based on experience. B Capital manages roughly $10 billion across stage-based funds and operates globally with the strategic support of The Boston Consulting Group, giving portfolio companies access to both capital and operational expertise.
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Pay for this role
$110,000 to $130,000 per year
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