VC Principal @ Azolla Ventures in San Francisco, CA

VC Stack; San Francisco (CA); On-site; USD 165,000 - 185,000; Full time

Job summary

VC Stack in San Francisco is seeking a Principal for their early-stage climate tech venture capital fund. This role involves sourcing, evaluating, and monitoring investments in transformative start-ups, conducting due diligence, and serving on boards to add value to portfolio companies.

The ideal candidate will have experience in venture capital or private equity investing and a strong network within the industry. Compensation ranges from $165k to $185k, with potential bonuses based on impact metrics.

Qualifications

• Experience in venture capital or private equity investing, particularly in climate tech.
• Strong network with entrepreneurs and co-investors in relevant fields.
• Proven track record of sourcing and closing investments.

Responsibilities

• Source, evaluate, structure, and monitor investments in transformational start-ups.
• Conduct due diligence including industry research and expert interviews.
• Serve on boards as a member or observer.

Skills

Investment sourcing

Financial modeling

Due diligence

Negotiation

Relationship building

Job description

Azolla Management Company seeks a Principal for our early-stage, impact-driven venture capital fund. Azolla Ventures brings a fundamentally new approach to venture investing, integrating catalytic capital and full-cycle capital (i.e. conventional venture capital) to embrace high risk and prioritize climate impact. Azolla Ventures was created by Prime Coalition, a nonprofit organization that partners with philanthropists and other mission-driven investors to support market-driven innovations designed to catalyze, deepen, or accelerate solutions for climate change.

Reporting to the General Partners, the Principal will be a crucial member of a team of a fully capitalized $230MM+ climate tech venture fund. Alongside the broader team, the Principal will source high-impact investment opportunities, build relationships with start-up founders, fund breakthrough technology companies, and serve on boards of portfolio companies. This is a unique opportunity for the right individual to provide vision and stewardship at the cutting edge of impact investing.

Azolla Management Company is an equal opportunity employer with an intentional focus on diversity, equity, and inclusion. We have a majority-female leadership team, and especially encourage applicants from backgrounds that are underrepresented in venture capital to apply.

Key Responsibilities

• Source, evaluate, structure, and monitor investments in transformational start-ups tackling climate change, focusing on pre-seed to Series A.
• Build and maintain a network with entrepreneurs, co-investors, and technology hubs, establishing yourself as a key contact for breakthrough founders.
• Conduct due diligence, including industry research, expert interviews, and financial modeling, to inform investment decisions.
• Negotiate investment terms and support deal closure.
• Promote diversity, equity, and inclusion (DEI) in external advocacy, hiring, and developing a diverse pipeline.
• Serve on boards as a member or observer, adding value to portfolio companies.
• Develop and advocate for investment theses in key technology areas.
• Support impact and financial reporting, and assist in LP relations.
• Contribute to thought leadership through presentations, articles, and social media.
• Rapidly adapt to new responsibilities in a fast-paced environment.
• Be a dedicated advocate for the fund’s mission in all professional aspects.

Compensation

Base range from $165k to $185k, with the potential to flex upward commensurate with experience level. Discretionary bonus and competitive incentive compensation partially based on impact metrics.

Interested candidates are encouraged to apply.