Director, Capital Formation
3 months ago
New Haven
Job Description Come join Connecticut Innovations (CI) as a Director, Capital Formation to support startup fundraising (Seed-Series B) for our portfolio companies with CI's 5 Equity Venture Funds! Connecticut Innovations (CI) As Connecticut's strategic venture capital arm and one of the most active investors on the eastern seaboard, CI has a portfolio of 220+ companies across various industries, with strengths in life sciences, technology and climate tech. CI meets with hundreds of companies every year, identifying the most promising early-stage companies looking to grow in the state. Every year, CI invests in 20+ new companies, in addition to providing follow-on capital to existing portfolio companies. CI also invests as a Limited Partner in outside venture funds based in CT (17 in the past 6 years). • CI has invested $700+ million in innovative startups since 1995 Our culture is vibrant, diverse, collaborative, and inclusive. We embrace perspective and have mission alignment on our impact to Connecticut's innovation ecosystem. We host or participate in over 20 ecosystem events per year, and our headquarters at The District in New Haven is a catalyst for partnership and an innovation ecosystem community hub. Director of Capital Formation Capital is needed during key points of a startup's development - when starting a business, during rapid growth or scaling phases, or when planning an acquisition. Fundraising is an art that involves a lot of soft skills, and success is not tied to a set of clearly definable metrics.The role blends capital raising, investor communications, investor relations infrastructure buildout (i.e., data room, investor presentations, etc.), and relationship management. You'll play a key role in closing capital commitments for our portfolio companies (6 funds and 220+ investments) and delivering an exceptional investor experience-from first conversation through ongoing engagement. Investor Relations & Fundraising Support: • Partner with the Founder, Executive Team, and Board of Directors at our portfolio companies to support capital raising across HNWIs, family offices, and institutional allocators, • Develop and manage investor outreach pipelines; track deal flow, meetings, and follow-ups in coordination, • Create and maintain compelling investor materials: pitch decks, factsheets, talking points, and onboarding guides, • Serve as a point of contact for onboarding new investors, ensuring a smooth and responsive experience, • Coordinate across teams and legal counsel to manage the investor subscription process, including fund documentation, KYC/AML compliance, and account setup, • Build long-term relationships with VCs and angel investors who would invest in our portfolio companies and serve as trusted advisors to both the founders and the investors, • Deliver regular investor reporting in partnership with our portfolio companies, including performance summaries, market commentary, and company updates, • Assist with planning and execution of investor calls, webinars, and roadshows, • Support the creation of quarterly reports, newsletters, and investor letters Qualifications • 10 years of experience in investor relations, capital raising, or investment operations at a fund, financial institution, or venture capital firm, • Demonstrated success raising capital for early-stage companies (Seed-Series B) across multiple investment industries, • Familiarity with the asset management lifecycle and investor onboarding processes, • Experience managing or supporting HNW, family office, or institutional investor relationships, • Outstanding written and verbal communication skills, • Strong attention to detail and the ability to manage multiple priorities, • Highly organized and proactive with strong interpersonal skills, • A confident communicator-both in writing and in person-with the ability to tailor messaging to sophisticated investors, • Equally comfortable working independently and collaborating cross-functionally Connecticut Innovations offers a competitive starting salary, with additional bonus opportunities based on team and individual investment performance, generous paid time off, and a culture that encourages work-life balance. Connecticut Innovations is an equal opportunity/affirmative action employer. We welcome all candidates to apply regardless of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, or status as a protected veteran. Job Posted by ApplicantPro