Senior Dealflow Manager

About Elemental Excelerator

Elemental Excelerator is a nonprofit investor dedicated to scaling climate solutions for deep community impact. With a 14-year track record, we invest in companies pioneering essential solutions to pressing climate challenges, making neighborhoods and homes cleaner, healthier, and safer. We've invested in over 160 climate companies to date and successfully stewarded $180 million in government and philanthropic resources, leveraging our expertise to de-risk technologies and attract additional investment. Core to our work supporting innovation and entrepreneurs, and essential to our five-year strategy, is the central role of social equity and community impact in the implementation of climate technologies. 

We are a dedicated, passionate and diverse team that thrives in a fast-paced environment driven by a shared desire to maximize impact. At Elemental, where we are constantly pushing the edge of innovation, we find ourselves at an exciting inflection point - with more federal funding into climate solutions and philanthropic engagement than ever before, we will be steadily growing our team to meet the moment. Join us at Elemental Excelerator and be part of the next phase of our journey. 

About the role

Elemental is seeking a Senior Dealflow Manager to join our portfolio team. The Portfolio team is a highly collaborative and dynamic team within the organization that is ultimately responsible for meeting our commitment to bring more funding, projects, solutions and impact into the climate sector and to deploy technologies in more communities in an equitable way.

In this role, you will drive the strategy and operations for recruiting and selecting the top climate tech and social equity entrepreneurs globally. In addition to managing the outreach and application process for prospective companies, you will design and organize the due diligence process to help Elemental select the most impactful climate tech companies to fund and bring into our portfolio. The individual will bring a growth mindset to the ways we reach and support entrepreneurs in the ecosystem. This position will report to the Senior Director of Portfolio Operations and manage at least one full-time employee and multiple seasonal interns.

Key Responsibilities Include:                         

Startup Sourcing & Investor Engagement  

• Manage scouting efforts across all sectors to identify gaps and opportunities in the climate tech space (e.g. landscape analysis) 
• Drive recruitment strategy to expand our reach to more traditionally excluded founders and leadership teams 
• Lead the strategy to better cultivate and nurture relationships with aligned investors to explore alignment and exchange dealflow 

Due Diligence & Project Management 

• Develop and manage a due diligence process that lands us with the most impactful companies in our portfolio and prioritizes equity in our decision-making  
• Drive the co-development of Elemental’s investment thesis and criteria 
• Identify, evaluate, and analyze potential investment opportunities, including market research and risk assessments for both equity and debt
• Devise rigorous investment memos based on industry know-how  

Additional Responsibilities & Opportunities 

• Lead a team of interns, fellows, and consultants throughout the year 
• Work closely with the Communications team to support company outreach, investment announcements, and more 
• Collaborate with the partnerships team to develop additional funding opportunities between our applicants and partners (eg: corporates, cities and municipalities, public financing institutions) 
• Support onboarding process for selected companies 

About You

You could be a great addition to our team if you are a strategic project manager who is passionate about supporting entrepreneurs that work at the intersection of climate and social equity. We are looking for someone who is able to effectively collaborate across teams and develop lasting relationships with other investors, accelerators, and entrepreneurs working across water, industry, agriculture, energy, and mobility. 

Qualifications (even if you don’t meet 100% of the qualifications, we still encourage you to apply!)            

Desired skills:                               

• Successful project manager that can own and drive a process from start to finish 
• Experience with due diligence and investment decision-making 
• Team-oriented mentality and proven experience working effectively in a nimble and flexible environment 
• Attention to detail with outstanding organizational skills and ability to meet deadlines with consistency and phenomenal follow-through and documentation 
• Excellent verbal and written communications skills 
• Interest in climate, sustainability, and learning about various funding structures (equity, debt, etc.)

Standout skills:                          

• Financial and business acumen, including analyzing financial documents and business plans 
• Experience working with startups, venture capital, or accelerator programs 
• Experience working with frontline communities and/or social equity organizations 
• Interest and experience with one or more of the following sector(s): energy, mobility, water, agriculture or industry 
• Network of investors or innovators across the US and internationally 

Location

We will consider candidates located near one of our headquarters: Honolulu, San Francisco, New York and Washington, D.C., with a preference for San Francisco. Elemental has a hybrid working model and if you are within a reasonable distance to one of our offices in New York, DC, Bay Area, or Honolulu, we are asking employees to come into the office at least one day a week to build community with the team. Currently, most people come in 1-2 times a week, but we encourage those who are interested to come in more often if they’d like. 

Other Application Details:

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

We will accept and review applications on a rolling basis. Although all applications will be considered, we may be unable to respond to all inquiries. Please note that we do read cover letters, so we advise spending adequate time on them to share your relevant stories and experiences with us. We also ask that you refrain from using tools like Chat GPT and keep the cover letter to 1-2 pages long. We try to keep applications open for at least 2 weeks, but if we receive a high volume of applications early on, we may close the position.

Elemental is an Equal Employment Opportunity Employer. Candidates of all backgrounds are encouraged to apply, including but not limited to: Black, Indigenous, and people of color (BIPOC); members of the lesbian, gay, bisexual, transgender, queer or questioning, intersex, asexual (LGBTQIA+) communities; people who have disabilities; veterans, and people from low-income backgrounds. 

Elemental is also committed to providing access and reasonable accommodation in its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act and other applicable laws.