Senior Associate

About Raven

We are Raven, RA Capital’s healthcare incubator. From discovery to delivery, whether we incubate, accelerate or rejuvenate, Raven’s goal is to turn scientific breakthroughs into transformative therapies and get them quickly, safely and efficiently to the patients that need them most. Raven’s experienced scientists, operators, and healthcare innovators have deep sector expertise across therapeutics, diagnostics, devices and services. They have brought hundreds of therapeutics into development, managed hospital systems, optimized clinical trials and navigated payor and regulatory systems to deliver patient impact - and they are ready to work with you.

Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital’s knowledge engine is guided by our Tech Atlas internal research division, and Raven, RA Capital’s company building team, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined.

RA Capital has more than 150 employees and over $10 billion in assets under management.

RA Ventures (Raven) is seeking a highly motivated Senior Associate to support the identification, evaluation, and creation of new biotechnology companies. This role sits at the intersection of science, strategy, and venture formation, working closely with Venture Partners, Entrepreneurs-in-Residence, and the broader RA Capital team. The Senior Associate will help translate novel scientific insights into compelling new company opportunities through rigorous diligence, market and financial analysis, operational excellence and thoughtful collaboration with internal and external stakeholders.

This is an opportunity for a scientifically trained, analytically minded individual to play a hands-on role in company building within a fast-paced, entrepreneurial environment. We believe that diverse perspectives and an inclusive and welcoming culture to all are essential for achieving this goal. We value our working relationships that are founded on trust, collaboration, diligence, and integrity. We are also pleased to offer a competitive compensation package, including but not limited to employer-paid medical insurance, flexible PTO and retirement benefits.

• Partner with Venture Partners, Entrepreneurs-in-Residence (EIRs), and RAcolleagues to identify, assess, and advance novel technologies, therapeutic programs and platforms as the basis for new company formation.
• Develop and maintain a deep understanding of scientific foundations, therapeutic hypotheses and platform capabilities underlying Raven programs.
• Research, track and synthesize competitive landscapes, emerging technologies and external programs, and communicate strategic implications for new and existing companies.
• Operational setup and management – directly managing technical FTEs/CROs and execution of research plans either for incorporated companies or Raven projects.

• Support new project incubation and newco formation through scientific, commercial and strategic diligence.
• Evaluate therapeutic applications, indication strategies and commercial potential for novel targets, programs and technologies.
• Contribute to the development of target product profiles, positioning and early portfolio or pipeline strategy in collaboration with senior team members.
• Assist in sourcing and evaluating external opportunities, including academic programs, licenses, partnerships and collaborations.

• Conduct market research, including market sizing, competitive analysis and growth assessments to inform newco strategy and investment decisions.
• Build and maintain financial models to evaluate budgets capital structure valuation…