Associate, Investment Innovation

Connecticut Innovations is seeking an Associate for Investment Innovation in New Haven, CT. The role involves executing investment strategies, conducting market research, due diligence, financial modeling, and supporting portfolio companies. Candidates should have a bachelor's degree in computer science or equivalent, an MBA, and experience in market research or venture capital. This position is for 2 to 3 years and focuses on high-tech investments, particularly in AI and quantum technologies.
Come join Connecticut Innovations - Venture Capital for Biotech, IT, and More Connecticut Innovations !!!!
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 has invested $675+ million in innovative startups since 1995.
7 million in 81 companies and venture funds in the fiscal year ending June 30, 2024. CI’s investments also attracted an additional $1.This fiscal year generated $35 million in cash proceeds through company exits, which includes acquisitions and IPOs, which will allow CI to invest in more early-stage companies in the future.

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.

Our Technology Fund has provided more than $100 million to date to Connecticut’s promising high-tech companies, with a focus on FinTech, InsurTech, SaaS and PaaS early-stage companies. In February 2025, we launched our $50 million Artificial Intelligence and Quantum Computing (AIQ) Fund to support the State of Connecticut and its $100+ million in funding of key capital investments in artificial intelligence and quantum computing in partnership with University of Connecticut (UConn) and Yale University. The AIQ Fund will work closely with QuantumCT - Leading the Next Quantum Revolution and other organizations across the State of Connecticut.

Durational Venture Capital (VC) Associate

A CI VC Associate plays a key role in executing our investment strategy by researching promising technology markets. They also participate in all phases of the investment process including due diligence, meetings with management, focused company and industry research, financial modeling, writing investment recommendations, and supporting CI portfolio companies as board observers.

We are currently seeking a VC Associate to join and assist our Technology and AIQ Funds Venture Team for a period of 2 to 3 years and help develop and manage an active high-tech portfolio. Candidates should be self-starting, curious, flexible and have knowledge of financial statements, business plans and other financial and legal documents.

Bachelor’s degree in computer science or the equivalent
MBA or master’s degree
Work experience in market research, management consulting, venture capital or investment management
Work experience supporting artificial intelligence, quantum, machine learning, deep learning, natural language processing and/or computer vision models and technologies
Screening and analysis of potential investments
Conducting due diligence and competitive analysis
Financial modeling and valuation analysis, collaborating with and supporting other members of the CI Venture team.
Preparing reports and proposals regarding potential investments and portfolio companies
Reviewing legal documents related to financings and other matters
Project management and organization skills to solicit and follow up on meetings.
Ability to synthesize data into a compelling story.
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.