Chief Investment Officer

BetSmart; United States; Remote; USD 150,000 - 450,000; Full time

Benefits offered by this job

Equity ownership

Performance-based upside

Job summary

A leading company in sports betting is seeking a Chief Investment Officer (CIO) to spearhead capital formation and investment governance. The ideal candidate will have extensive experience in fundraising and be adept at managing investor communications, ensuring a competitive edge in a rapidly evolving market.

Qualifications

• 10+ years in capital formation or investor relations roles.
• Demonstrated success in raising capital.
• Strong understanding of fund structures.

Responsibilities

• Lead all fundraising initiatives across fund structures.
• Build and manage relationships with institutional LPs.
• Guide strategic decisions related to asset allocation.

Skills

Fundraising

Investor Relations

Strategic Thinking

Communication Skills

Job description

This range is provided by BetSmart. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $450,000.00/yr

Additional compensation types

Annual Bonus and Stock options

Direct message the job poster from BetSmart

Founder & CEO, BetSmart | AI/ML in Sports Betting

Job Title: Chief Investment Officer (CIO)

Location: Remote (strong preference for candidates in the New York City metropolitan area)

Type: Full-Time

Compensation: Competitive base + equity + performance incentives

About BetSmart

BetSmart is redefining the future of sports betting through design-forward thinking, advanced

data science, and a thesis that resonates. We’re a fast-moving team blending analytics,

technology, and creativity to build a smarter, more intuitive sports betting experience.

We are now seeking a Chief Investment Officer (CIO) to lead BetSmart’s capital formation and

investor strategy — someone who brings institutional credibility, deep fundraising experience,

and the ability to communicate complex strategies to sophisticated investors. This is not a

traditional portfolio management role. Instead, it is focused on scaling capital inflows, leading

investor engagement, and establishing investment governance frameworks.

The Role

As CIO, you will be the architect of BetSmart’s capital strategy, responsible for building trusted

relationships with LPs, raising new capital, and guiding high-level investment governance

decisions. You’ll work alongside our executive team to shape how we present our thesis to the

market, structure capital vehicles, and establish a formal investment committee to review

strategy shifts in our algorithmically-driven platform.

We’re looking for a capital markets leader with fundraising experience at the fund level, a strong

LP network, and a collaborative approach to institutional governance.

What You’ll Do

• Lead all fundraising initiatives across fund structures and vehicles

• Build and manage relationships with family offices, institutional LPs, and sophisticated HNW

investors

• Develop and iterate investor communications, pitch materials, and due diligence frameworks

• Structure fund terms, raise tranches, and manage close processes

Investor Relations & Communication

• Serve as the face of BetSmart for investors — articulating strategy, performance, and market

opportunity• Manage quarterly investor updates, virtual data rooms, and capital calls

• Develop LP onboarding protocols and serve as their primary point of contact

• Proactively engage investors with transparency and institutional-grade reporting

Governance & Strategic Oversight

• Help establish an internal investment committee with voting authority on key strategic or

algorithmic changes

• Collaborate with compliance, legal, and executive leadership on fund governance and risk

frameworks

• Guide strategic decisions related to asset allocation across our algorithmic products and capital

vehicles

Partnerships & Expansion

• Identify and close strategic capital partnerships to enable new fund launches or product

expansions

• Explore co-investment opportunities and institutional collaborations that align with our thesis

• Represent BetSmart at key industry conferences, capital formation summits, and investor

What You Bring

Experience

• 10+ years in capital formation, investor relations, or fund leadership roles at hedge funds,

alternatives platforms, or venture-backed financial firms

• Demonstrated success raising capital from institutional investors or large family offices

• Strong understanding of fund structures, LP-GP relationships, and fundraising operations

• Prior experience working with or within a fund that uses quantitative or algorithmic strategies

(a plus, not a must)

Skills

• Proven ability to communicate complex investment theses to diverse investor audiences

• Expert in building and managing investor pipelines and CRM workflows

• Strong understanding of fund economics, term sheet structuring, and legal fundraising

frameworks

• Strategic thinker with excellent judgment, negotiation, and interpersonal skills

Mindset

• Mission-driven and commercially astute with a founder’s mentality

• Collaborative and transparent with a deep respect for institutional-grade governance

• Comfortable operating in a fast-paced, data-driven, and entrepreneurial environment

• Believes the best investment decisions come from well-structured teams, not lone decision-

makersWhy Join BetSmart?

• Capital-First Strategy: Play the leading role in building our capital foundation — the single

most critical growth lever for our platform

• Institutional Credibility: Bring your fundraising experience to a team building a scalable,

• Governance-Driven Growth: Shape the structure, process, and oversight of our investment

decision-making as part of a collective committee

• Long-Term Incentives: Equity ownership, performance-based upside, and deep influence on

firm direction

• Category Leadership: Join an elite team creating the future of intelligent, algorithmic

investing in non-traditional markets

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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