What are the responsibilities and job description for the NYC Summer Internship position at Illuminate Financial?
Illuminate Financial is a late-seed to Series B investment platform investing in B2B software (both fintech and enterprise tech) that will change the future of financial services. We are a 22-person team split across New York, London, and Singapore.
It is an exciting time to join Illuminate, Ventures I is currently ranked as the #1 2015 vintage VC fund in Europe for distributions (measured by DPI). We have recently raised our 3rd Seed-Series A venture fund of $235m and as of July 2024 we completed the first close of our Series B focused Early Growth I. As a sector-specialist venture capital firm, we are proud to have institutional investors such as JP Morgan, Citi, S&P Global, Barclays and Deutsche Börse Group invested across our various funds. Our eleven strategic investors collectively represent approximately $35 billion in annual technology spend, underscoring our ability to identify the most pressing industry challenges.
We are a thesis-led investor, focusing on transformative themes that affect financial services, including topics such as Financial Markets Infrastructure, Climate Tech & Sustainable Finance, Digital Assets Infrastructure, Alternative Markets Infrastructure, Enterprise Software, Data & AI.
We believe in using our deep industry network to validate solutions and match them against high priority and high value industry challenges. We take a hands-on approach in supporting our portfolio companies, harnessing the power of our relationships and domain expertise to help them with their go-to-market strategy. This has allowed us to back and partner with companies and founders that have gone onto become core parts of the next generation of industry infrastructure with exits to companies that include Bloomberg, PayPal, Fitch, S&P Global and others.
ROLE
As a dynamic, talented and trusted individual you will join an entrepreneurial team aiming to build a world-leading sector specialist investment organization. You believe that investing is about true long-term partnerships, and you are excited about chasing new opportunities and fostering our existing brand and relationships.
You will be based in New York and work closely with our NYC Deal team to network, source, diligence and ideally invest in a business around one primary thesis over the summer. You are self-motivated, have a high degree of intellectual curiosity and can identify opportunities presented to you alongside pursuing those others might not see. This is an opportunity for the right individual to grow with the company and develop the full portfolio of core skill sets of any venture investor.
The role will cover all aspects of the investment process:
We are committed to fostering a culture where everyone regardless of background, ethnicity, or gender feels welcome. If you are excited about this role, but do not 100% meet all the qualifications listed above, we would still encourage you to apply. We recognize that a variety of different skills, strengths, and experiences can add a lot of value to our team.
Requirements
TIMELINE
Applications are closed by February 25th and round 1 interviews issued by March 1st.
It is an exciting time to join Illuminate, Ventures I is currently ranked as the #1 2015 vintage VC fund in Europe for distributions (measured by DPI). We have recently raised our 3rd Seed-Series A venture fund of $235m and as of July 2024 we completed the first close of our Series B focused Early Growth I. As a sector-specialist venture capital firm, we are proud to have institutional investors such as JP Morgan, Citi, S&P Global, Barclays and Deutsche Börse Group invested across our various funds. Our eleven strategic investors collectively represent approximately $35 billion in annual technology spend, underscoring our ability to identify the most pressing industry challenges.
We are a thesis-led investor, focusing on transformative themes that affect financial services, including topics such as Financial Markets Infrastructure, Climate Tech & Sustainable Finance, Digital Assets Infrastructure, Alternative Markets Infrastructure, Enterprise Software, Data & AI.
We believe in using our deep industry network to validate solutions and match them against high priority and high value industry challenges. We take a hands-on approach in supporting our portfolio companies, harnessing the power of our relationships and domain expertise to help them with their go-to-market strategy. This has allowed us to back and partner with companies and founders that have gone onto become core parts of the next generation of industry infrastructure with exits to companies that include Bloomberg, PayPal, Fitch, S&P Global and others.
ROLE
As a dynamic, talented and trusted individual you will join an entrepreneurial team aiming to build a world-leading sector specialist investment organization. You believe that investing is about true long-term partnerships, and you are excited about chasing new opportunities and fostering our existing brand and relationships.
You will be based in New York and work closely with our NYC Deal team to network, source, diligence and ideally invest in a business around one primary thesis over the summer. You are self-motivated, have a high degree of intellectual curiosity and can identify opportunities presented to you alongside pursuing those others might not see. This is an opportunity for the right individual to grow with the company and develop the full portfolio of core skill sets of any venture investor.
The role will cover all aspects of the investment process:
- Investments - Develop new investment theses, source deals, drive due diligence process, and present to investment committee.
- Portfolio - support portfolio companies with: fundraising, go-to-market, hiring, and strategy.
- Industry Partners - help support the relationships with our industry partnerships
- Brand expansion - be a brand ambassador - networking, sourcing, and content (blog posts and think pieces)
- Curiosity – We foster innovation, inquisitiveness, the ability to enable and unlock solutions and a thirst for knowledge.
- Challenge – We encourage positive dissent and people who challenge decisions to ensure multiple perspectives and diversity of thought. These values allow us to stay adaptable and nimble and in turn make informed and better decisions.
- Commitment – We believe in accountability and long-term relationships and partnerships. Ownership, goal alignment and helping to raise the Illuminate game are paramount.
- Collaboration – We are a team, and we only succeed as one. Communication and combining our mutual knowledge are paramount.
- Continuous Learning - We embrace a mindset of perpetual growth, constantly seeking to expand our knowledge and skills. Learning is not a phase but a core part of who we are, enabling innovation and adaptability. The journey should be fun and educational.
We are committed to fostering a culture where everyone regardless of background, ethnicity, or gender feels welcome. If you are excited about this role, but do not 100% meet all the qualifications listed above, we would still encourage you to apply. We recognize that a variety of different skills, strengths, and experiences can add a lot of value to our team.
Requirements
- We greatly value curiosity, proactivity and collaboration.
- Can work for at least 10 weeks between June and August of 2025.
- Ability to be in office 4 days a week.
- Interest in enterprise technology / B2B fintech.
- Strong existing venture network preferred.
- Permission to work in the US is required.
TIMELINE
Applications are closed by February 25th and round 1 interviews issued by March 1st.
Salary : $35