Sr Director, DaVita Venture Group

Posting Date

DaVita Venture Group is an innovation arm of DaVita, focused on transforming care delivery to improve quality of life for patients around the globe. DVG will fund, develop and launch products, solutions and business models that improve care for patients suffering from kidney disease and related comorbidities. We are seeking a creative, passionate, and driven professional with a deep understanding of healthcare to join our Strategic Venture Investing team. The team will primarily invest in early-stage healthcare IT/services companies.

Location: Denver, CO strongly preferred

ESSENTIAL DUTIES AND RESPONSIBILITIES

Please note the following duties and responsibilities generally reflect the expectations of this position but are not intended to be all-inclusive.

• Manage external Venture Capital team, which is focused on sourcing innovative companies to DaVita Venture Fund
  • Guide the strategic direction/focus of fund operations and sourcing efforts
  • Work with external VC team to establish and maintain operating processes and principles
• Build strong relationships within DaVita and the external market
  • Network and immerse self within DaVita and existing business lanes to understand strategic priorities and initiatives
  • Facilitate involvement of subject matter experts in diligence and strategic assessments
• Drive market research and support sourcing efforts to help identify new investment trends and opportunities
  • Deal screening: call and/or meet with prospects, evaluate opportunities
  • Network with peers at other venture capital firms and other industry partners
  • Be a thought leader, maintaining up-to-date knowledge on industry and technology trends, as well as attending events/conferences
• Lead due diligence and deal execution efforts
  • Coordinate, perform, and assist in full diligence efforts, leading management interviews and external research to evaluate team, market, competition, product, sales and growth
  • Perform and oversee financial and valuation analysis
  • Draft internal investment memos
  • Coordinate with internal and external counsel on legal and IP diligence
  • Collaborate with DaVita stakeholders to build strategic investment rationale
  • Lead and support deal negotiations with target companies and other investors
• Portfolio company management
  • Be a point of connectivity between portfolio companies and DaVita and support the development of customer relationships
  • Potentially take Board of Director seat or Board Observer seat in portfolio companies
  • Support portfolio company success

MINIMUM QUALIFICATIONS

Education, licenses, certifications, and experience required to fulfill the essential duties.

• Bachelor's degree required, MBA preferred
• 12+ years' work experience, ideally deep healthcare investing experience, healthcare consulting, banking and/or healthcare innovation background additionally strongly preferred; early-stage investing experience ideal; with some experience in an operating role in healthcare a plus
• Demonstrated problem-solving, quantitative, and qualitative analysis skills
• Understanding of clinical, operational, and financial drivers that impact healthcare organization decision-making
• Intellectual curiosity mindset and enthusiasm for the healthcare IT/services industry
• Clinical/Technical/Scientific background and understanding of regulatory pathways a plus to support investments in devices and diagnostics
• Strong communication (written, verbal, listening, and presentation) skills
• Highly collaborative work-style, pragmatic, and resourceful problem-solver
• Capability and desire to build relationships and network within the healthcare industry
• Responds well to change and has a high tolerance for ambiguity
• Approaches work with an unparalleled level of personal ownership, responsibility, integrity, and ethics
• Denver-based; Ability to travel required
• Personal values in line with DaVita's values of Service Excellence, Integrity, Team, Continuous Improvement, Accountability, Fulfillment & Fun

• Comprehensive benefits: Medical, dental, vision, 401(k) match, paid time off, PTO cash out

• Support for you and your family: Family resources, EAP counseling sessions, access Headspace , backup child and elder care, maternity/paternity leave and more

• Professional development programs: DaVita offers a variety of programs to help strong performers grow within their career and also offers on-demand virtual leadership and development courses through DaVita's online training platform StarLearning.

#LI-GA1

At DaVita, we strive to be a community first and a company second. We want all teammates to experience DaVita as "a place where I belong." Our goal is to embed belonging into everything we do in our Village, so that it becomes part of who we are. We are proud to be an equal opportunity workplace and comply with state and federal affirmative action requirements. Individuals are recruited, hired, assigned and promoted without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, protected veteran status, or any other protected characteristic.

This position will be open for a minimum of three days.

Compensation for the role will depend on a number of factors, including a candidate's qualifications, skills, competencies and experience. DaVita offers a competitive total rewards package, which includes a 401k match, healthcare coverage and a broad range of other benefits. Learn more at https://careers.davita.com/benefits

Colorado Residents: Please do not respond to any questions in this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.