VC Principal - KSA

Description

Iliad Partners is a Venture Capital firm based in the UAE that invests in early-stage technology companies with a focus on the MENA region. We partner with founders to build startups into high-growth ventures and the disruptive companies of tomorrow.

We work with software and internet-based ventures that capitalize on highly scalable technologies and business models to solve local problems and support the “Tech Enablement” of the region. We focus on mainly B2B models executed by strong teams in verticals including Logistics, Mobility, Fintech, Proptech, and Edtech among others.

As former entrepreneurs and industry executives with significant operating and investment experience, and global capabilities and reach, we take an active, hands-on approach. We leverage our operating profile and regional network to actively support our startups – with business development with clients and partners, market access and regional expansion, and attracting the right talent. Above all, we deeply value our relationship with founders and work hard to help them succeed as our partners.

The Principal role is based in Riyadh and is an exciting and multi-faceted position that will be a key member of the Iliad team. You will have the unique opportunity to lead Iliad's engagement with the Saudia ecosystem, work with the most promising tech startups in the region, and top stakeholders in the industry including founders, investors, and industry leaders from MENA and around the world. This is a fast-paced, high-impact role for ambitious and high-performing candidates that aim to advance their long-term career in investments and VC based in MENA's largest market and a strategic focus for Iliad.

The key responsibilities of the position are:

Ecosystem Engagement

  • Serve as Iliad's ambassador in Saudi Arabia and lead the Fund's daily operations locally

  • Engage with leading incubators and accelerators based in KSA and attend demo days

  • Attend industry events and conferences and evangelize Iliad's vision for MENA VC

  • Execute Iliad's strategy in KSA across the full life investment cycle: sourcing to exit

Deal Sourcing

  • Systematically source startups that are within Iliad’s investment scope and thesis

  • Develop a network in the startup ecosystem with entrepreneurs and key stakeholders

  • Screen, evaluate and analyze inbound deal-flow; assess opportunities in the pipeline

  • Identify high potential investment opportunities early in their stage of development

  • Engage with startups, collect materials, and conduct initial screen against criteria

  • Cultivate relationships with founders; Over time, become a mentor / trusted advisor

 

Company Evaluation

  • Work with the Iliad investment team and advisors to evaluate startups

  • Analyze companies in line with Iliad’s investment process and investment criteria

  • Research companies, their vertical / sectors, and regional and global comparables

  • Conduct in-depth due diligence across commercial, financial, and other dimensions

  • Prepare investment memorandums for presentation to the Investment Committee

 

Investment Execution

  • Work with Iliad’s legal counsel and legal advisors to review legal documents

  • Develop a perspective on the valuation and terms of investments backed by analysis

  • Support negotiations and discussions with companies and co-investors

  • Work closely with the Partners and others on each deal team through final execution

 

Portfolio Management

  • Support KSA portfolio companies on business development and other functions

  • Drive revenue growth of portfolio companies and scaling into KSA and new markets

  • Systematically monitor the performance of portfolio companies on a regular basis

  • Prepare portfolio updates to Partners and Investors with the support of the Iliad team

  • Coordinate reporting with fund administrator, auditors, and other service provide

 

Requirements

  • 5-10 years of experience in VC, PE, investment banking, or management consulting.

  • A passion for technology & entrepreneurship. Startup experience is a significant plus.

  • Operating experience in a global blue chip technology corporation is a significant plus.

  • Entrepreneurial mindset, intellectual curiosity, proactive and “can do” mentality.

  • Outstanding analytical, quantitative, and financial modeling skills are required.

  • Experience in investments, deals and M&A and portfolio management in TMT.

  • MBA; Excellent written and verbal communication skills in Arabic and English.

  • Prior work experience in KSA and strong knowledge and interest in Saudi.

 

Benefits

  • Base Salary, Bonus and Carry - and being part of the Epic Journey

To apply, please follow this link