Venture Capital Careers

HG Ventures, the venture capital arm of The Heritage Group in Indianapolis, is seeking a Director to lead investment deals, conduct due diligence, and support portfolio companies. The role requires strong leadership and a network in venture investing, with a focus on sustainable industries. While primarily based in Indianapolis, the position allows for one day of remote work per week. Candidates must be local or willing to relocate.
About HG Ventures And The Heritage Group HG Ventures is the venture capital arm of The Heritage Group (THG). Founded in 1930 in Indianapolis, IN, THG is a fourth-generation family-owned business managing a diverse portfolio of more than 30 companies specializing in heavy construction and materials, environmental services, and specialty chemicals.


HG Ventures partners with and invests in innovative, high-growth companies that support a sustainable future in materials, infrastructure, environmental solutions, and industrial systems, delivering differentiated value by activating THG's deep operating expertise, strategic assets, and long-standing industry relationships.


Why join HG Ventures
HG Ventures operates at the intersection of traditional venture capital and corporate venture capital, combining the speed, autonomy, and rigor of an independent VC with the long-term capital base and strategic depth of a 95-year-old industrial platform. This hybrid model enables the team to move decisively, take a long-term view, and work hands-on with founders to scale real-world solutions in complex, asset-intensive industries. Team members gain uncommon exposure across investing, company building, and industrial operations, while benefiting from close mentorship by senior investors and a clearly defined path toward Managing Director.
About The Role The Director will work closely with the investment team to source, lead, analyze and win deals on behalf of HG Ventures, owning outcomes from thesis through close and into portfolio value creation. They will represent the firm in the market and must bring deep curiosity and conviction across the domains of HG Ventures' platform.


This person is a driven, team-oriented, and proactive leader who brings an established network, a track record of leading investments, and the judgment to identify and prioritize unique opportunities.


This position is based in Indianapolis with the ability to work from home one day per week. Qualified candidates must currently reside in the Indianapolis, IN area or be willing to relocate.
Essential Functions



Thesis development and sourcing: Define and own investment theses on high-impact markets and source investment opportunities in those markets.
Due diligence: Lead and perform due diligence including team evaluation, business analysis, industry analysis, competitive landscape, and financial modeling, and make investment recommendations on companies in the US and international markets.
Leading and winning: Create a differentiated value proposition for founders and serve as the deal champion for given investment processes.
Support world-class founders: Work with portfolio company management teams to add leverage around key operational initiatives and take Board or Board Observer roles where appropriate.
Support the HG Ventures team: Collaborate with and help develop venture colleagues to support the full portfolio and investing activities.
Community building: Represent the firm and build relationships with founders, executives, and other investors at external and internal events.

Experience Qualifications

5+ years of venture investing experience and 8 years total work experience, including a demonstrated record of leading investments from sourcing through close and portfolio support.
Demonstrated mastery in identifying a thesis behind an investment, leading diligence, getting to ground truth amid ambiguity, winning over an entrepreneur, and effectively driving results for the most important issues in a startup (hiring, fundraising, recruiting, BD).
Experience creating and manipulating capitalization charts and term sheets for private, venture-backed companies.
Proven ability to compete and win; a track record of successful outcomes leading deals.
Ideal candidates will have operational or investment experience in market sectors relevant to The Heritage Group and HG Ventures.

Skills And Abilities

Committed to the values of HG Ventures and a strong representative for the firm.
High level of personal integrity, respected by peers, and viewed as trustworthy.
Intellectually curious, strategic, and thoughtful; collaborative and low-ego.
Action-oriented and ambitious — a “do-er,” not a “talker.”
Strong ownership mindset and leadership skills as a player/coach.