Venture Associate Jobs (NOW HIRING)

Role Location: Waltham, MA
The Company
We are Alloy Therapeutics -a biotechnology ecosystem company empowering the global scientific community to make better medicines together. Through a community of partners, we democratize access to pre-competitive tools, technologies, services, and company creation capabilities that are foundational for discovering and developing therapeutic biologics. The company facilitates affordable, non-exclusive access to the entire drug discovery community from academic scientists, small and medium biotech, to the largest biopharma. At Alloy, we believe our industry should compete on getting the best drugs to patients as quickly as possible, not exclusive access to the best platforms. As a reflection of our relentless commitment to the scientific community, we reinvest 100% of our revenue in innovation and access to innovation.
Alloy has evolved from a startup into a global biotechnology infrastructure company operating 11 divisions across 5 research sites in 4 countries on 3 continents. Our model - Integrated Independence - combines centralized capabilities with entrepreneurial operating divisions. Successful members thrive in our shared culture of accountability, deliberate trust, and open communication. As a team we aspire to work together to exceed expectations and collectively contribute across the global organization to always maintain our nimble, startup culture.
In 2020, Alloy launched 82VS, which builds and invests in early stage biotechnology startups leveraging the tools and capabilities of the Alloy ecosystem. To date 82VS has founded 15 asset-focused companies developing new medicines across the areas of oncology, immunology, ophthalmology, neurology, and rare diseases. Our current companies are developing antibody, antisense oligonucleotide, and TCR mimic therapeutics, but we are also working actively to build out multimodal therapeutics and expand our delivery capabilities (e.g., antibody shuttlesLNPs, peptides).
About 82VS
In 2020, Alloy launched 82VS, which builds and invests in early stage biotechnology startups leveraging the tools and capabilities of the Alloy ecosystem. To date 82VS has founded 15 asset-focused companies developing new medicines across the areas of oncology, immunology, ophthalmology, neurology, and rare diseases. Our current companies are developing antibody, antisense oligonucleotide, and TCR mimic therapeutics, but we are also working actively to build out multimodal therapeutics and expand our delivery capabilities (e.g., antibody shuttles, LNPs, peptides).
The 82VS core team is based out of our headquarters in Waltham, MA. Our team offers a balance of working in the office and remotely from your home office. We prioritize in person engagement for team collaboration and discussions, which is typically at least three days per week in office.
There are significant opportunities for career advancement and apprenticeship mentorship inside Alloy, through our affiliated venture studio and across our network of over 100 affiliated and partner companies.
MAY THE BEST DRUG WIN.
About Venture Associate - Waltham, MA
We are hiring a (Senior) Venture Associate who is passionate about biotech company building, operating, and investing. Venture Associates at 82VS will be exposed to all aspects of new company building, including science, therapeutic discovery and development, strategy, financing, operations, and legal. This is a full-time position targeting a start date of late summer/early fall 2026 in Waltham, MA. For more information on the 82VS team, see our webpage here.
Principal Responsibilities

• Two year program after which the expectation is that the associate would move into a portfolio company they have been supporting or started within 82VS
• Venture Studios team member supporting company building and due diligence across 2-3 NewCos
• Lead deep dives into an area of interest for the Venture Studios team, ideally culminating in an investment or company build recommendation
• Support current portfolio companies and pipeline projects with operations, strategy, and technical projects
• Conduct diligence on competitive landscape, unmet clinical need, biological validation, and other key areas to assess feasibility of new company creation/development

Required Qualifications and Skills

• PhD, MD with 2+ years of venture, consulting, investing, or operational experience in a VC- backed company in the fields of biosciences, drug discovery, or similar
• Experience with antibody, multispecific, or genetic medicine platforms preferred
• Ability to efficiently digest, synthesize, and communicate scientific and medical concepts
• Experience using AI models to support diligence and automate repetitive workflows
• Eager to propose, structure, and advance new projects independently
• Significant passion for developing new therapies for patients
• Team player who is collaborative and resourceful in building new companies
• An ability to build a strong network of founders, investors, academics, and KOLs in the therapeutics space

Taking Care of Our People
We support the individuality of what people need to do outside of work to empower them to do their best at work. While you focus on making better medicine together, we focus on programs and benefits that support a diverse and growing team. Whether you're single, in a growing family, or nearing retirement, Alloy offers a variety of comprehensive and competitive benefits starting from day one.
Compensation

• Competitive base and equity compensation commensurate with level of experience and independence
• 401(k) company match

Health & Family

• Generous personal and family medical, dental and vision benefits with 100% of premiums and deductibles covered
• Company-paid disability (STD, LTD) and life insurance

Paid parental leave

• Family planning support up to $45,000 (e.g., IVF/PGT, adoption, surrogacy, egg retrieval)

Unique Perks

• Unlimited PTO (paid time off) and flexible schedules
• Annual stipend for continuing education with commitment to your career through individualized professional development plan
• Wellness and Extensive Employee Assistance Program (EAP) including resources for mental wellness

Pay Transparency
At Alloy Therapeutics, we believe in fostering trust and open communication. For this role, the estimated annual base salary range is $120,000-$150,000, with the final offer based on factors like your experience, skills, alignment with our needs, and the level of the position (Associate or Senior Associate).
Additionally, this role is eligible for equity compensation, reflecting our commitment to shared success as we work together to make better medicines.
We are proud to offer competitive compensation and benefits, aiming to support our team's professional and personal well-being. If you have any questions about pay or benefits, we're here to help.
Alloy Therapeutics is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, disability, or other legally protected status. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [email protected]. We will make every effort to respond to your request for disability assistance as soon as possible.