Investment Associate

Gemspring Capital; Connecticut; On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Highly competitive salary

Excellent benefits package

Job summary

An investment firm based in Connecticut seeks an experienced Associate to join their Software investment team. This role involves sourcing investment opportunities, conducting detailed financial analyses, and supporting portfolio companies. The ideal candidate will have at least two years of experience in investment banking or private equity, with a passion for software and business development. A competitive salary and excellent benefits package are offered, along with a five-day in-office work model to enhance team collaboration.

Qualifications

• Minimum of two years of professional experience in investment banking or private equity.
• Strong preference for candidates with direct experience in software business models.
• Highly organized with the ability to manage multiple processes.

Responsibilities

• Support and execute proprietary deal sourcing through outreach to software companies.
• Conduct detailed financial modeling and KPI analyses for software investments.
• Prepare investment memoranda and presentations for internal committees.

Skills

Financial modeling proficiency

Strong analytical capabilities

Business development skills

Familiarity with software metrics

Attention to detail

Education

Bachelor's degree

Job description

Gemspring is a Westport, Connecticut-based investment firm with $5.1 billion of committed capital under management. Our strategy is to partner with talented management teams and take a hands‑on approach to driving revenue growth and operating efficiencies. The goal for each of our portfolio companies is growth, enhanced market leadership, and an increase in the strategic value of the business. We are a small entrepreneurial team without bureaucracy, politics or a large investment committee. This leads to transparency and an efficient transaction process and, critically, sets up our portfolio companies for success post‑closing. Importantly, we also know when and how to provide appropriate strategic and financial support to our partner companies yet let great management teams continue to operate in the manner that has gotten them to the current point of success.

About Gemspring Growth Solutions

The Gemspring Growth Solutions platform provides flexible capital solutions, including minority equity, structured equity, and growth capital to companies seeking a value‑added partner without relinquishing control. GGS leverages Gemspring’s broader platform resources, operational expertise, and sector relationships to drive value creation alongside management teams.

Position Description

Gemspring is seeking an Associate to join the GGS Software investment team. This position will be a key contributor to the investment team, with primary responsibilities spanning direct‑to‑company sourcing, investment diligence and execution, and portfolio company support. The individual selected for this position will be a creative, intellectually curious, self‑motivated, high‑energy professional who can operate in a dynamic, performance‑driven environment. The Associate will work closely with the Vice President and Managing Director to build proprietary deal flow while developing deep technical investment skills in software and recurring revenue business models.

Key Responsibilities

Sourcing & Business Development

• Support and execute proprietary deal sourcing through direct outreach campaigns targeting software company founders, CEOs, and management teams
• Conduct thematic market mapping across software sub‑sectors to identify and prioritize attractive investment targets
• Develop and maintain a pipeline of prospective investment opportunities through proactive relationship building and CRM management
• Prepare outreach materials, company profiles, and preliminary screening analyses to support sourcing initiatives
• Build relationships with intermediaries, investment bankers, and industry contacts to expand the firm’s deal flow network
• Conduct detailed financial modeling and company KPI analyses to inform underwriting of potential software investments, including SaaS metrics (ARR, MRR, NRR, CAC, CLTV, churn, cohort analysis)
• Lead market research, competitive analysis, and other qualitative workstreams in support of investment diligence
• Prepare detailed investment memoranda and presentations for the internal investment committee
• Manage internal, company, and third‑party stakeholders to ensure effective and efficient deal processes
• Assist in structuring and negotiating transaction terms alongside senior team members
• Maintain close partnership with portfolio company management teams and internal operating partners to drive financial and operational improvements
• Support evaluation and execution of add‑on acquisitions and strategic growth initiatives for portfolio companies
• Assist in monitoring portfolio company performance through regular financial and operational reporting

Qualifications & Requirements

• Bachelor’s degree and minimum of two (2) years of professional experience at a bulge bracket or middle market investment bank, boutique software‑focused investment bank, growth equity firm, or private equity firm
• Strong preference for candidates with direct experience in and passion for software and recurring revenue business models
• Advanced analytical capabilities, financial modeling proficiency, and deal execution understanding
• Familiarity with software / recurring revenue metrics such as ARR, MRR, CAC, CLTV, NRR, churn, and unit economics
• Interest in and aptitude for business development, including comfort with proactive outreach to founders and management teams
• Highly organized with the ability to manage multiple processes simultaneously.
• Strong attention to detail and a high degree of ownership.
• Collaborative mindset with the ability to work across teams and with senior stakeholders.
• Strong investor judgment, practical problem‑solving orientation and ability to thrive in a fast‑paced, transaction‑driven environment.
• Entrepreneurial, self‑starter, and highly driven professional

Gemspring offers a highly competitive salary that reflects the qualifications required for the role, along with an excellent benefits package.

5 Days / Week In‑Office Model

Gemspring’s work model emphasizes in‑office collaboration and apprenticeship‑style learning, fostering deep connections among our team members. We believe this approach accelerates learning and integration into the firm. Meaningful interactions that occur in person cannot be replicated in a remote setting, making this model essential for personal and professional growth.