Medtronic · 1 month ago
Principal Associate, Venture Capital
Fridley, Minnesota, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$134K/yr - $200K/yr
7+ years expMedtronic is a leader in global healthcare technology, focused on alleviating pain, restoring health, and extending life. The Principal Associate in Venture Capital will play a crucial role in selecting and prioritizing investment opportunities, conducting due diligence, and collaborating with various teams to support innovation in the medical device industry.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Coordinate due diligence activities on target companies relating to target pro forma financial modeling, target pro forma capitalization table, waterfall, and investment return scenario analysis
Coordinate weekly investment team meeting agendas, logging projects through the evaluation process and engaging in active discussions about the pro’s and con’s of target opportunities
Research and compile clinical and technical assessments of new and existing medical technologies, healthcare services and business models, as well as complete market and competitive analysis and profiling
Prepare monthly reports of venture capital and private equity activity and trends
Participate with the Ventures team in receiving and vetting investment presentations by companies seeking to raise venture and growth capital
Perform analysis to determine potential market size and opportunity for new products and technologies
Support corporate-wide strategic initiatives as well as Ventures/Corporate Development process and capability improvement activities
Prepare presentation materials for meetings with Medtronic constituents relating to approval and reporting investments
Qualification
Required
Bachelor's degree plus 7+ years of experience in healthcare or medical technology within one of the following functions: venture capital investing, consulting, investment banking, research & development, business development, or marketing (or 5+ years with an advanced degree)
Preferred
Strong work ethic with high degree of initiative and motivation
Dedicated learner with high level of intellectual curiosity
Proficiency in financial analysis and modeling
Ability to persevere in a field filled with ambiguity and requires 'needle in the haystack' persistence to find actionable investments
Team player
Benefits
Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
10001+ employees
H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
Bizjournals.com Feed (2025-11-12 15:43:17)
2026-01-23
Company data provided by crunchbase