Job Description
Job Description
Overview
Union Heritage Ventures, an early-stage investor, headquartered in Detroit, Michigan is seeking a motivated Venture Associate to become a core member of our investment team. The Venture Associate will play a key role in evaluating prospective portfolio companies, preparing investment memos, and supporting the fund’s decision-making process. This role provides direct exposure to early-stage venture capital and a hands-on opportunity to sharpen analytical, financial, and strategic skills.
For more information on our firm, please visit : https : / / www.unionheritage.com / venture -capital /
Responsibilities
The Venture Associate will :
- Be a part of the core Investment Team, conducting due diligence on prospective investment opportunities.
- Prepare written investment memos, including :
- Analysis of company and opportunity.
- Analysis of business model – strengths, weaknesses, and scalability.
- Evaluate financial projections and assumptions – pressure test forecasts.
- Validation of go-to-market strategy – with emphasis on client acquisition, pilots, or proof-of-concept engagements.
- Execution analysis – assessing operational capacity, milestones, and delivery risks.
- Risk assessment – identifying key areas of uncertainty or downside.
- Exit modeling – projecting potential exit pathways and valuation scenarios.
- Perform industry research and competitive analysis to contextualize investment opportunities.
- Build and refine financial models in Excel, including sensitivity and scenario analyses.
- Develop and maintain presentations in Keynote / Google Slides for internal discussions with the Investment Committee
- Managing deal flow CRM, and then portfolio tracking of KPI’s post-investment
- Collaborate with the Investment Team on diligence workstreams, while also executing assigned projects independently.
- Engage with the start-up ecosystem as a participant in industry events and networking opportunities
Requirements
Qualifications
MBA or advanced degree preferredStrong analytical and financial modeling skills; demonstrable proficiency in Excel.Proficiency in Keynote / Google Slides and the ability to structure and communicate findings clearly.Excellent written communication skills, with the ability to prepare concise and insightful investment memos.Ability to work independently, as well as within a collaborative team environment.Strong intellectual curiosity and interest in startups, venture capital, innovation, and the journey of a startup founder.2-3 years of prior experience in finance, consulting, or startup environments (preferred but not required).Opportunity
Mentorship : Guidance from experienced investment professionals, including associates and partners.Networking : Opportunities to build a strong professional network within the VC and startup communities.Commitment
Full-time role : 40 hours per week, with a minimum of 2 days per week in the office (Newlab Detroit).Benefits
Compensation / Benefits
$130k / year salary + year end bonusCompany pays 50% of medical, dental, vision plan401(k) match of employee contribution up to 2% of salary