Investment Associate (Q2'23)

About MMC Ventures

MMC is a leading venture capital fund focused on Series A and Seed investments in companies that are transforming today's markets. This is an opportunity to join a leading venture capital fund focused on backing some of the most ambitious, game-changing entrepreneurs across Europe.

The startups MMC invests in leverage emerging technologies, with differentiated IP, across AI and data science within verticals we know well: fintech, enterprise software, data-driven health and data infrastructure.

As an investor, MMC commits to a deep understanding of each company’s underlying technology, sectors and business model to help make better decisions and be more effective partners. Explore MMC’s research and other actionable insights at mmc.vc.

MMC is one of the most active and experienced VCs in Europe. Transformative technology companies MMC has backed include Gousto, Interactive Investor, Copper, Synthesia, YuLife, Current Health, Bloom & Wild and Peak AI.

We are a certified B Corp and take pride in fulfilling B Corp's mission to marry profit with purpose.

The Associate role

This is an opportunity to join a high-performing, growing investment team. You will be working on investing in some of the most talented entrepreneurs and exciting tech companies in the UK, as well as helping support those companies post-investment.

The key responsibilities of the Associate role include:

• Identifying the most promising emerging startups in the spaces we focus on, building relationships with entrepreneurs and others in the ecosystem, and bringing new investment opportunities through.
• Supporting investment processes and due diligence, working closely with deal leads in our team.
• Leading pieces of research to deliver insight on technologies, markets and trends, and working on ad-hoc projects for portfolio companies.
• Building a network within the early-stage tech community, and leveraging that network for insight, dealflow and to support the entrepreneurs we work with.

We offer on-the-job experience at the heart of the startup ecosystem, supported by more structured learning. We play venture in multiplayer, with a collaborative approach driven by research and data.

You will be able to progress to Investment Manager or another role within our firm (or one of our portfolio companies).

Requirements

We expect to interview a diverse range of candidates and will be looking for a mix of the following character traits and skills:

• Three-plus years of relevant commercial experience - this might include from VC or PE, founder/product/commercial/ops roles in a startup or tech business, strategy consulting, M&A, corp dev, an accelerator or similar.
• An ability to critically assess digital products and technical concepts. We’re especially interested in candidates who have proven this with a technical background, whether academically (physics, biology, biochemistry, engineering, compsci etc.) or in previous roles in a technology context. Bonus points if you can sling code or data.
• High level of intellectual curiosity, together with the hustle to find the answers you need. You're a sponge for information, spot things others don't see and dig deeper to create genuine insight beyond the surface-level. You're able to cut through complexity to form a view quickly.
• Comfortable with uncertainty. There's no single right answer in venture, and sometimes it's not obvious what the right question is - a lot of people find this tough. You thrive in this environment.
• Self-starter and independent, with a proactive mindset. You come up with new ideas, run experiments and get others in the team excited about what you find. You can juggle a lot of balls at once when you need to.
• Comfortable in a data-driven environment with a ton of SaaS tools. You probably spot new tools before everyone else, and have ideas about how we should improve our stack over time. You can slice and dice data (whether in spreadsheets or other tools) to get the outputs you need.
• A demonstrable passion for technology, start-ups and entrepreneurship. That's easy to say - but you can talk about something you've actually done with this passion, whatever it is.
• A track record of getting things done as part of a collaborative team, able to get on with things independently but partnering well in person and online. You have a high degree of openness and self-awareness.
• Bonus marks if you write or present well! We turn our research into insight, and publish some of this to share it with the world, whether as blogs, reports, podcasts or events.

If you’re not a unicorn who fits all of these requirements exactly, we'd still love to hear from you.

We take diversity and inclusion seriously, from hiring and onboarding to how we source and interact with companies. We warmly welcome applicants from backgrounds that are traditionally under-represented in the venture capital industry, and applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

Benefits

MMC is an ambitious, dynamic firm with an open and collaborative culture. We offer a high level of autonomy, a flexible and relaxed culture, and a platform from which to build an amazing network within the venture and tech community.

We are a firm where you can build a real venture career. We have a track record of promoting our best people time and again - including several through from Associate to Partner - and sharing returns across the whole team.

As well as being a B Corp, we were listed as one of the Best in the World B Corps for our size for our efforts as an employer, making us in the top 5% globally for our company size. We offer a number of benefits including pension contributions, employee (and family) medical cover, life cover, generous maternity and paternity policies, childcare vouchers, bike-to-work etc.

MMC team members also have the opportunity to invest in our funds and deals free of fees and carry.

NB: Please note, as we are a small team we can't screen all the applications ourselves given the amount of interest we receive during these processes. So we will be using a recruitment partner to help us with the initial screening where you will meet the MMC team at the second stage! We can't wait to meet you!