Principal, Business Development

Overview

Alumni Ventures is one of the world’s most active venture capital platforms, with $1.4B+ in assets raised and investments in 1,300+ companies. Our network includes 850,000+ members and 40+ dedicated investors, connecting accredited individuals to high-quality venture deals through alumni-driven communities and a diversified co-investment strategy. With offices in Boston, New York, Chicago, Menlo Park, and Manchester, NH, we’re rapidly growing and committed to fueling entrepreneurial success while developing the next generation of VC professionals.

As Principal, you’ll be at the forefront of sourcing, evaluating, and executing deals for various funds while collaborating across the broader AV platform. The role is fundamentally T-shaped and acts as a generalist investing role spanning sectors and stages, with encouragement to develop thesis areas. The focus is on Seed and Series A, with some investing in Pre-Seed and Growth-stage opportunities.

You’ll help shape a portfolio of 25 investments annually, with 25+ follow-on opportunities, deliver top-tier fund performance, and strengthen our position in the venture ecosystem.

You’ll work closely with the Managing Partner, Venture Associate, and broader team to identify high-potential companies, lead diligence and negotiation, and nurture relationships with founders, co-investors, and industry partners. Your network will be critical. Cultivating relationships with colleagues, VCs, and founders to access elite deals is essential. Your success will come from creativity, warmth, and smarts.

This position is a hybrid role, with an expectation that this individual will work in the office M/T/Th/F.

• Deal Sourcing – Proactively source and contribute high-quality leads that align with the team’s investment thesis and firm-wide initiatives.
• Deal Sourcing – Drive a strong conversion rate from sourced deals to qualified investment opportunities.

• Due Diligence – Lead initial due diligence on potential investments, engaging directly with founders, customers, and market data.
• Due Diligence – Analyze market trends, competitive landscapes, and emerging opportunities to strengthen investment decisions.

• Investment Success – Contribute to the successful execution of approved investments, from term sheet to close.
• Investment Success – Maintain tight alignment with the firm’s investment strategy to build a high-performing, well-balanced portfolio.

• Network Development – Grow and leverage a robust network of founders, VCs, and industry experts to gain access to top-tier deal flow.
• Network Development – Build relationships that expand the firm’s visibility and influence in the venture ecosystem.

• Administrative Support to Fundraising – Partner with the team to support fundraising activities, investor relations, and community engagement through events, webinars, and thought leadership.

• Assist with Portfolio Management – Actively manage and support portfolio companies, fostering growth and long-term value creation.
• Portfolio Monitoring – Monitor portfolio performance through regular CEO check-ins, performance tracking, and strategic guidance.

• 7+ years of professional experience in venture capital, private equity, investment banking, consulting, or startups.
• Bachelor’s degree in Business, Economics, Engineering, Computer Science, or related field; MBA or advanced degree preferred.
• Hands-on familiarity with AI tools (e.g., ChatGPT, Claude, Midjourney, Gemini) and ability to integrate them into team workflows.

The Principal role has a salary range of $175,000 to $185,000, depending on level and experience. Total compensation also includes equity participation, potential carried interest, an annual corporate bonus, and standard company benefits.

• Medical, Dental, Vision
• 401k match, HSA, FSA
• Life Insurance, Pet Insurance
• Flexible PTO, Parental Leave
• Career development

All employment is subject to passing a background check. Alumni Ventures is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status. Please review our Privacy Policy.