Associate, Healthcare

Role overview

B Capital is hiring a pre-MBA Associate to join its Healthcare AI team. This person will support the full investment lifecycle for opportunities ranging from Series A through growth equity. The role centers on identifying promising healthcare investments through research-led sourcing, studying markets and sector movements, assessing deals, and performing detailed business and financial due diligence, including advanced modeling. The work spans healthtech and digital health. A strong finance foundation, familiarity with AI, and the ability to translate ideas into action are important for success.

What you will do

• Build market research and investment theses that inform sourcing priorities.
• Identify potential investments using the team’s themes and research findings.
• Track AI developments and trends in healthcare.
• Review incoming investment materials and judge whether opportunities look viable.
• Take ownership of major parts of diligence and transaction work such as audit, tax, legal, and financial modeling.
• Support portfolio companies across a range of operating needs.
• Use the firm’s and BCG’s networks to help portfolio companies connect with high-value customers.

What the firm is looking for

• A strong interest in disruptive technology.
• 1-3+ years of relevant experience preferred, such as healthcare investment banking or finance/business development work in an operating role.
• An undergraduate degree in economics, data science, biology, biomedical engineering, biology-focused engineering, biochemistry, or a closely related field is strongly preferred.
• Strong quantitative and qualitative analytical ability.
• VC or PE experience is not mandatory, though it would be an advantage; finance experience is highly valued.
• Comfort with relocating to San Francisco or being based there already.
• Availability for a hybrid setup with 3 days per week in the San Francisco office.

Key capabilities

• Strong analytical judgment and natural curiosity, especially around emerging technologies.
• Ability to understand market dynamics and spot investable trends, particularly AI-driven approaches.
• Skill in turning complex ideas into clear, concise slides and written materials.
• Experience with detailed financial modeling, including P&L, balance sheet, and cash flow analysis, plus valuation comparisons.
• Exposure to venture capital fundamentals such as cap tables, returns modeling, and standard venture terms is helpful.
• Entrepreneurial mindset and willingness to help shape new investments.
• Excellent interpersonal skills, sound business judgment, and a strong work ethic.

About B Capital

B Capital invests globally in exceptional founders and companies building the future with technology. With about $10 billion in assets under management and stage-specific funds, the firm backs seed, early-stage, late-stage venture, and growth companies, mainly in technology, healthcare, and resilience tech. Founded in 2015, B Capital operates across nine locations in the U.S. and Asia. Its platform, along with strategic support from The Boston Consulting Group, helps entrepreneurs scale, enter new markets, and build category-leading businesses.

Core values

• Generosity: Collaboration and a willingness to share time and knowledge.
• Resilience: Persistence, determination, and the ability to see change as an opportunity.
• Open-mindedness: Curiosity, inclusiveness, and a global perspective that supports diversity, equity, and inclusion.
• Will: A commitment to helping portfolio companies create meaningful impact.
• Teamwork: Trust, respect, and strong relationships with founders, investors, partners, and colleagues.
• Humility: Focusing on adding value through actions rather than self-promotion.

Additional information

This employer is an equal opportunity employer. All qualified applicants will be considered without regard to race, color, age, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by applicable law.

Compensation

The listed annual salary range for California candidates is $110,000 to $130,000. Final pay may vary depending on relevant experience and is subject to change.