New Ventures Associate - Cedars-Sinai

Redesign Health and Cedars-Sinai have launched a Digital Innovation Platform, a first-of-its-kind venture creation engine embedded inside one of the world's premier academic medical centers. The platform combines Redesign's healthcare company-building methodology with something no standalone venture firm can offer: Cedars-Sinai's 4,500+ physicians and nurses, its expansive clinical network of 40+ hospitals and sites of care, a purpose-built synthetic and de-identified data platform, and a standing commitment to serve as the first customer for every company the platform creates. Ideas originate from the clinicians and researchers who see problems up close every day. The companies that emerge are validated in real clinical environments before they ever reach the broader market.

This is an unparalleled opportunity to build generational healthcare companies. You will have something almost no one in a healthcare venture has: a fully committed institutional partner with world-class clinical expertise, deep data assets, and the infrastructure to pilot and validate at scale - all before a company writes its first check to a customer. The access is real. The commitment is structural, not performative.

For the full list of exclusive benefits as part of the Redesign Health and Cedars-Sinai partnership, explore the article here.

Most healthcare investors wait for companies to come to them. This role creates them.

As a New Ventures Associate, you will research opportunities across the healthcare landscape to identify space for new venture backable companies to be built or scale. You will build the competitive landscapes and market analyses that separate real opportunities from noise, and help turn that work into investment theses the team can act on. Our job is to evaluate and identify the right opportunities for venture creation and/or scaling while directing other solutions to the proper channel within the Cedars-Sinai organization. You will continue to develop the infrastructure that lets us do this repeatedly and you will spend real time in the local innovation community, building the relationships with investors and founders.

This is a strong role for someone early in their career who wants to get exposure to venture at the heart of where healthcare is delivered through a truly unique partnership. You will work directly with New Ventures and Cedars-Sinai leadership, help turn thematic research into opportunities to fund companies, and have access to clinical and institutional partners.

We are looking for someone with 1 to 3 years of experience in investing (banking, venture, PE, or other relevant areas) or research (consulting, strategy, other relevant areas) including with a preference for candidates with exposure to healthcare and digital health. We'r looking for someone with sharp analytical judgment, genuine curiosity about healthcare innovation, and the ability to earn credibility with clinicians, operators, and entrepreneurs. You should be able to move quickly, be comfortable with ambiguity, and provide succinct answers to complex problems.

This position is based in Los Angeles and will work onsite 3-4 days per week in our Cedars-Sinai office.

• Evaluate and research commercial opportunities in healthcare.

  • Identify Commercially Viable Opportunities: Find opportunities that address specific challenges within Cedars-Sinai and are emblematic of systemic challenges that health systems across the country face, ensuring they are strategically aligned with organizational goals.
  • Redesign Research: Apply Redesign Health's scoring frameworks and leverage RH venture-building methodologies to evaluate, prioritize, and refine innovation opportunities
  • Direct opportunities that don't meet the level of a new or scalable venture opportunity to the right teams and/or channels that are more appropriate to address those pain points

• Support the Infrastructure for the Digital Innovation Program at Cedars-Sinai

  • Socialize the Innovation Program: Foster a culture of creativity and innovation among staff by promoting the innovation program across the organization.
  • Meet with Stakeholders: Engage with stakeholders to learn about the various departments and institutes at CS, fostering collaboration and understanding of organizational needs.
  • Finalize Opportunity Zones: Driving identification and evaluation of opportunity zones to determine whether we believe there are viable investment theses for company creation.
  • Create the End to End Pipes: Leverage the existing infrastructure (i.e., internal submissions, areas of research, founder referrals) to fine tune an end to end pathway of evaluation to execution where every stakeholder feels included in the process.

• Source and Co-ideate with founders once an opportunity is identified

  • Build and maintain a strong network of external founders, continuously cultivating relatio

• 1–3+ years of experience in venture capital, early-stage investing, startups, or a related field

• Healthcare domain expertise preferred with the ability to develop original investment theses across care delivery, health tech, and digital health

• Fluency in business model analysis, primary and secondary research, investment thesis development, and financial modeling

• Bachelor's degree required with demonstrated academic excellence

• Self-Starter: You are comfortable working independently and can own the execution of your own responsibilities. You are proactive in transforming your workflows and don't wait for someone else to tell you something is wrong or should be improved.

• Clear Communicator: Able to translate analyses into concise insights for senior leaders, investment committees, and management teams.

• Entrepreneurial: You are resourceful, proactive, and comfortable building from ambiguity. You treat the sourcing engine itself as a product to be developed.

• Bias for Action: Thrives in a fast-paced, entrepreneurial environment characterized by urgency, ownership, and adaptability.

• Technology Innovator: You proactively leverage AI and emerging technology tools to create extraordinary productivity and impact. You think ahead about how your role will evolve and independently experiment with, adopt, and refine technology-driven solutions.