Venture Sourcing Analyst


Venture Sourcing AnalystJohannesburg / We're building the most powerful growth engine for African startups and their founders. Founders Factory Africa (FFA) is unlike any place else youve ever worked. We are venture builders dedicated to solving some of Africas biggest challenges and capitalizing on its incredible potential by leveraging market and tech opportunities. Over the next five years, well build 24 businesses from scratch and scale 64 existing growth-stage ventures through our venture development programs. Backed by leading corporates, such as Standard Bank the continents largest bank we have access to their vast resources, infrastructure, and expertise and will bring those to bear for all our ventures and entrepreneurs. Starting with FinTech, HealthTech, and AgriTech FFA will expand our focus as we grow, adding other sectors. Our CultureOur goals are audacious, and we want to work with people who share our passion for pursuing transformation at scale. We believe that good ideas can come from anywhere - not just the top - and we love to build our way out of uncertainty. At FFA, you will work with and meet outstanding and diverse talent from across the continent and help us build a collaborative, inclusive, and supportive network. You will work faster (and learn faster) than you ever have before. With offices in Johannesburg and London, we are building an ambitious, talented, and passionate team, ensuring that Founders Factory Africa is the continents best partner for founders. The RoleThe Venture Sourcing Analyst will to support the team in sourcing and qualifying early stage startups in Africa. The successful candidate will be responsible for sourcing market research, founder communication, coordination of engagement sessions, preparing initial investment memos, written correspondence/ materials, due diligence, and other tasks that arise in the course of business. Responsibilities- Research and scan the market to build a list of potential startups that may fit FFAs investment criteria for the team to follow up on - Conduct initial screening of all inbound applications and present startups of interest to the rest of the team - Ensure all companies receive responses in reasonable time and assist in managing email communications - Support in building relationships to strengthen our partnership referral network across the continent - Assist in the carrying out of financial, legal, and commercial due diligence for investments - Contribute to investment team meetings and document call notes - Source and close speaking opportunities for team members - Produce reports as and when required i.e. trend analysis etc. - Administrative support for sourcing team i.e. writing reports, tracking and reporting sourcing market trends, drafting presentations etc. Candidate ProfileExperience, Formal qualifications and Knowledge - Minimum 2-3 years' experience in a venture capital fund, accelerator, incubator or a start-up, preferably in Africa/ emerging markets - BCom Finance or similar/equivalent - Strong qualitative research skills and knowledge of various platforms and databases used within VC - Knowledge and Prior experience of building financial models (advantage) - Startup mindset - enthusiasm for and interest in technology and start-ups - Analytical and inquisitive mind - Ability to qualify and understand different concepts and business models - Be proficient in Excel and comfortable manipulating data - A self-starter who thrives in both working collaboratively and autonomously - Delivery and excellence orientation, Why you should applyThis is an exciting opportunity to join one of Africas largest venture development and investment companies, to help shape the future of Africas startup ecosystem. You will work with and meet exceptional talent and learn faster than you ever have before. We are in a startup environment, not corporate 9-5, so you determine where you want to grow and how quickly you want to do this. You will have the rare opportunity to work on hundreds of different products across a variety of sectors. Founders Factory Africa is part of the strongest global network for startup founders. Our relationships with corporate executives, established entrepreneurs, and funders are unparalleled. Founders Factory Africa provides a rare opportunity to join a team of world-class thinkers, entrepreneurs, and creators. We provide the freedom and excitement of early-stage startups but the stability and resources of a large organisation. Founders Factory Africa has global ambitions, and youll play a key role in our future success. This role is a once in a lifetime opportunity to join a high-growth organization as part of the founding team and to help shape the future of Africas startup ecosystem.
Posted
05/05/2022
Location
Johannesburg, GT, ZA