VC Director @ DaVita in Denver, CO

DaVita Venture Group is the innovation and growth arm of DaVita, focused on transforming care delivery to improve quality of life for patients around the globe. DVG oversees investments, partnerships, M&A opportunities, and pharma contracting with businesses that improve care for patients suffering from kidney disease and related comorbidities. We are seeking a creative, passionate, and driven professional with a deep understanding of healthcare to join our Strategic Venture Investing team. The team will primarily invest in early-stage healthcare companies across technology, care delivery models, diagnostics, and devices. The position is in Denver, CO. Travel is anticipated to be 20-30%. Essential Duties And Responsibilities Manage venture investing team, which is focused on sourcing and vetting innovative companies to DaVita Venture Fund Guide the strategic direction/focus of fund operations and sourcing efforts Work with team to establish and maintain operating processes and principles Create sourcing pipeline that spans across diverse thematic areas Identify opportunities to bring relevant companies to DaVita leadership and craft deeper strategic learnings from potential partnerships Build strong relationships within DaVita and the external market Network and build strong relationships within DaVita and existing business lanes to understand strategic priorities and initiatives Become trusted partner who will be utilized to vet internal diligence processes Facilitate involvement of subject matter experts in diligence and strategic assessments Drive market research and support sourcing efforts to help identify new investment trends and opportunities Deal screening: call and/or meet with prospects, evaluate opportunities Cultivate a network of venture capital investors and other industry partners to support sourcing and syndicate creation Be a thought leader, maintaining up-to-date knowledge on industry and technology trends Lead DaVita’s presence externally by attending and participating at events and conferences Lead due diligence and deal execution efforts Coordinate, perform, and assist in diligence efforts, leading management interviews and external research to evaluate team, market, competition, product, sales, and growth Perform and oversee financial and valuation analysis Draft internal investment memos Coordinate with internal and external counsel on legal and IP diligence Collaborate with DaVita stakeholders to build strategic investment rationale Lead and support deal negotiations with target companies and other investors Portfolio company management Be a point of connectivity between portfolio companies and DaVita and support the development of customer relationships Take Board of Director seat or Board Observer seat in portfolio companies Support portfolio company success, including fundraising support, strategic guidance, hiring, etc. Minimum Qualifications Bachelor’s degree required; MBA preferred 8+ years work experience, ideally with exposure to the healthcare industry, consulting, banking or early-stage investing. Experience in an operating role in healthcare is also a plus Demonstrated problem-solving, quantitative, and qualitative analysis skills Understanding of clinical, operational, and financial drivers that impact healthcare organization decision-making Intellectual curiosity and enthusiasm for the healthcare IT/services industry Strong communication (written, verbal, listening, and presentation) skills Highly collaborative, pragmatic, and resourceful problem-solver Capability and desire to build relationships and network within the healthcare industry Responds well to change and has a high tolerance for ambiguity Approaches work with a high level of personal ownership, responsibility, integrity, and ethics Personal values in line with DaVita’s values of Service Excellence, Integrity, Team, Continuous Improvement, Accountability, Fulfillment & Fun Denver-based; Ability to travel required What We’ll Provide Comprehensive benefits: Medical, dental, vision, 401(k) match, paid time off, PTO cash out Support for you and your family: Family resources, EAP counseling sessions, access Headspace®, backup child and elder care, maternity/paternity leave and more Professional development programs: DaVita offers a variety of programs to help strong performers grow within their career and also offers on-demand virtual leadership and development courses through DaVita’s online training platform StarLearning. EEO Statement We are proud to be an equal opportunity workplace and an affirmative action employer. As such, individuals are recruited, hired, assigned and promoted without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, protected veteran status, or any other protected characteristic. Salary/ Wage Range $133,300.00 – $195,700.00 / year #J-18808-Ljbffr VC Stack