Firm Overview: Canapi Ventures is a venture capital and growth equity firm with $1.4Bn of AUM. We invest in early to growth-stage companies that are building the digital ecosystem of tomorrow. Canapi was founded by Gene Ludwig (27th Comptroller of the Currency under Bill Clinton) and Chip Mahan (Chairman and CEO of Live Oak Bank), who are founders of software companies like nCino (NASDAQ: NCNO), IntraFi ($3Bn+ equity value), S1 Corp (the world's first digital bank), and more. We've created a unique investing model for today's exceptional fintech, AI, and B2B SaaS companies, backed by over 70 of the top regional and community banks in the US. Canapi has deep relationships with a network of banks and strategic partners, connecting our portfolio companies to the financial service leaders who may become their future customers.
Investment Associate Role: Canapi is seeking an Associate to join the investment team in Washington, D.C.. Canapi views this hire as a potential career-track position for successful associates. This is an ideal opportunity for an individual eager to join a fast-growing team investing at the cutting edge of innovation in the fintech, AI, and B2B SaaS sectors. Associates are an integral part of our investment decision-making process as well as the day-to-day operations of the firm. The successful candidate will have experience in software or financial services/fintech, with a passion for the future of the sector. We are looking for an entrepreneurial self-starter with exceptional communication skills and an eagerness to contribute in a meaningful way.
Location: This Associate will be based in our Washington, D.C. office. We anticipate this role to involve travel (~5-7 days/month) related to investment opportunity sourcing, portfolio company management, and Limited Partner engagement.
Responsibilities
Work closely with and support the investment team on identifying areas of risk and opportunity with new investments
Source new investment opportunities and develop relationships with promising entrepreneurs in the space
Identify and analyze core due diligence questions, evaluate value drivers that determine investment outcomes, and synthesize diligence and analysis findings to form investment recommendations
Gather and present market data to analyze trends and identify investment opportunities in the software, fintech and financial services sectors
Help managing the investment pipeline by tracking and responding to inbound investment opportunities
Prepare investment memoranda, present recommendations and due diligence findings to partners
Assist in preparation of Canapi Alliance engagements and Limited Partner events
Support existing and future investments and portfolio companies, including ongoing portfolio management activities
Experience & Other Requirements
1-4 years of professional experience in investment banking, corporate development, corporate strategy, strategy / management consulting, venture capital, or private equity
Experience in financial services and/or financial technology is a significant advantage
Strong financial analysis and modeling skills
Exceptional verbal and written communication skills, with the ability to interact with business professionals (both internally and externally) at all seniority levels
Ability to work independently and as part of a team
Strong creativity and entrepreneurial mindset - eager to run with assignments independently, manage personal workload, and take initiative to advance new workstreams
Passion for investing and an eagerness to be a part of building a top-tier investment firm
Salary Range: The expected base salary for this Washington D.C. based position is $150,000-175,000. In addition, you will be eligible for a discretionary bonus.
Canapi is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age or other legally protected status.