VC Associate

About the Role

The role is based in Los Altos Hills, California, but remote work within other U.S. cities is possible, offering flexibility and work-life balance. As a key member of the team, you will be expected to collaborate with colleagues to support portfolio companies and contribute to the growth of the firm.

Toyota Research Institute is committed to fostering a culture of innovation and inclusivity, with a strong focus on diversity and integrity. As a VC Associate, you will be part of a dynamic team that values bold ideas, humility, and a willingness to take calculated risks.

What You Will Do

• Network and take part in industry and VC events, organizations to stay informed about market trends and identify potential investment opportunities
• Help generate deal-flow and source high-potential target companies in areas like AI, advanced materials, automation, and robotics
• Meet with and evaluate companies to make recommendations on investing, utilizing your analytical skills to assess market potential and growth prospects
• Participate in due diligence, competitive analyses, and industry deep dives to inform investment decisions
• Prepare memos and present potential investments to the Investment Committee, clearly articulating the investment thesis and potential returns
• Support deal negotiations and closings, ensuring that all parties are aligned and that transactions are completed efficiently
• Analyze latest industry trends and author market research briefings to inform investment strategies and portfolio company support
• Collaborate with Toyota Ventures platform team to support portfolio companies, providing guidance and resources to help them scale and grow
• Develop and maintain relationships with key stakeholders, including entrepreneurs, investors, and industry experts

What We Are Looking For

• Bachelor's degree in business, computer science, engineering, or a relevant field, with a strong academic record and a demonstrated interest in deep tech and venture capital
• 4+ years of work experience in a related role, preferably in venture capital or an operational role in a technology company, with a track record of success and a deep understanding of the startup ecosystem
• High level of integrity and professionalism, with the ability to maintain strict confidentiality and handle sensitive information with discretion
• Entrepreneurial-minded and well-networked, with a strong ability to build and maintain relationships with key stakeholders
• Excellent communication and interpersonal skills, with the ability to articulate complex ideas and negotiate effectively
• Strong financial modeling and analysis skills, with extensive experience working with Excel and Google Suite
• Comfortable with ambiguity and risk, with a willingness to take calculated risks and adapt to changing market conditions

Nice to Have

• Experience creating cap tables, digesting financial statements, and preparing investment memos, with a strong understanding of financial analysis and modeling
• Hands-on experience in a development or product management role related to one of our investment areas, with a deep understanding of the technical and market dynamics
• Familiarity with the startup ecosystem, with a strong network of contacts and a deep understanding of the key players and trends
• Experience working with venture capital firms or startup companies, with a strong understanding of the investment process and the challenges faced by early-stage companies

Benefits and Perks

• Competitive salary and bonus structure, with a comprehensive benefits package that includes health insurance, retirement savings, and paid time off
• Opportunity to work with a leading venture capital firm, with a strong reputation and a track record of success
• Collaborative and dynamic work environment, with a team of experienced professionals who are passionate about deep tech and venture capital
• Flexible work arrangements, with the option to work remotely and balance work and personal life
• Professional development opportunities, with access to training and education programs to help you grow and develop your skills
• Access to a network of entrepreneurs, investors, and industry experts, with opportunities to build relationships and learn from the best in the industry
• A culture that values diversity, integrity, and humility, with a strong focus on teamwork and collaboration

• Develop a deep understanding of the startup ecosystem, including key players, trends, and technologies, to stay informed and identify potential investment opportunities
• Build a strong network of contacts, including entrepreneurs, investors, and industry experts, to stay connected and learn from the best in the industry
• Create a portfolio of your work, including investment memos, financial models, and market research briefings, to demonstrate your skills and experience
• Prepare for interviews by researching the company, practicing your pitch, and anticipating common questions, to make a strong impression and showcase your knowledge
• Be prepared to discuss your experience working with Excel and Google Suite, as well as your ability to analyze financial statements and create cap tables, to demonstrate your technical skills
• Show a passion for learning about new technologies and understanding their business potential, to demonstrate your entrepreneurial mindset and willingness to take calculated risks
• Research the company culture and values, and be prepared to discuss how you align with them, to demonstrate your fit with the team and the organization