Connecticut Innovations (CI)
CI is Connecticut’s strategic venture capital arm and one of the most active early-stage investors on the eastern seaboard. CI has a portfolio of 250+ companies across 5 equity funds and a 1 venture debt fund. We have $550 million in assets under management, and our venture portfolio employs 4,000 jobs. In a typical year, we deploy $50 million and write between 60-80 checks. We review 750 companies per year and invite over 100 founders in to pitch us each year.We add 30 new companies to our portfolio annually, and we also invest as an LP in Connecticut-based venture capital funds.
We measure success through both financial returns and economic impact, including job creation. Over the past decade, CI has generated more than $400 million in returns and cumulatively, our portfolio companies have raised over $8 billion.
- Fiscal 2026 was our best year on record. We generated $76.1 million in cash proceeds from all investment activities. In FY26 actuals, we invested $59.3 million into 75 early-stage companies and venture funds, and those deals pulled an additional $1.2 billion of outside capital into the state.
- As of July 2026, CI earned the #1 spot in New England for portfolio exit value and ranked among top 5 East Coast venture firms investing at the Series B stage or earlier. Over the past 365 days, CI generated more than $125 million in cash returns.
Our culture is vibrant, diverse, collaborative, and inclusive. We embrace perspective and have mission alignment on our impact to Connecticut's innovation ecosystem.
Connecticut Innovations Analyst Program (2-Years)
Our two-year, generalist Analyst Program prepares individuals for a rewarding career in venture capital, while making significant contributions to our team.
The program includes intensive training taught by CI Venture Team Members and evolves into comprehensive on-the-job experience as Analysts assist in all facets of the venture capital continuum. During the program, you will have the chance to work on deal structure, financial analysis and modeling, the due diligence process, presentations, client communications and more. Instead of being assigned to a single equity fund, Analysts work across multiple funds. They take on additional responsibilities based on their individual skill sets; an exceptional second-year Analyst can receive work that corresponds to the Associate level.
Venture Capital (VC) Analyst
All Venture Team members play a pivotal role as part of the investment due diligence process and post-investment, as part of scaling the portfolio company.
An Analyst helps execute our investment strategy by researching macro venture capital trends and deep-dive analysis in specific industries. They also participate in all phases of the investment process including due diligence, meetings with management, focused company and industry research, financial modeling, writing investment recommendations, and supporting CI portfolio companies as board observers.
Candidates should be self-starting, curious, flexible and have knowledge of financial statements, business plans and other financial and legal documents.
Qualifications
- Bachelor’s degree in finance or the equivalent.
- Internship experience in market research, management consulting, venture capital or investment management.
Responsibilities
- Representing CI at industry events, source investment prospects, develop relationships with potential co-investors.
- Screening and analysis of potential investments.
- Conducting due diligence and competitive analysis.
- Financial modeling and valuation analysis, collaborating with and supporting other members of the CI Venture team.
- Preparing reports and proposals regarding potential investments and portfolio companies.
- Drafting term sheets.
- Reviewing legal documents related to financings and other matters.
- Presenting investments for approval to CI advisory committees and committees of the CI Board of Directors.
- Assisting in identifying strategic, marketing and partnering opportunities for portfolio companies.
- Participate in meetings and calls related to due diligence, industry research, and investment negotiations.
Personal Characteristics
- Entrepreneurial, ambitious, curious, self-starting. High energy, high effort, positive attitude — and fun to be around on a long day.
- Demonstrated excellence in multiple pursuits and love for hard work essential.
- Comfortable with autonomy and ambiguity, and good at solving problems without waiting to be handed a process.
- Willing to move between routine detail work and high-judgment thinking without losing quality in either.
- The right mix of self-confidence and humility — a consummate teammate with a history of making teams perform at a higher level.
- Motivated by the double bottom line: this is public capital, and the returns fund the next generation of Connecticut companies.
How We Work – The CI Way
- We think as individuals and invest as a team. Our goal is never consensus — it is the best decision. Titles do not determine whose ideas matter. The best argument wins.
- We distinguish bad decisions from bad outcomes. Good decisions sometimes produce disappointing results, and poor decisions sometimes get lucky. We grade the quality of the thinking.
- Courage is a job requirement. When we believe an investment is wrong, we say so — in the room, on the record.
- Founders come first. Within the bounds of good judgment, we go out of our way to help entrepreneurs. We are allies, not obstacles.
- Humility and institutional memory. Every investment starts with a blank page. We are often wrong, so we stay open. We capture what each deal taught us so the next decision is better than the last.
Location
This role is based at Connecticut Innovations’ headquarters in New Haven, CT at District | Coworking Space. Our team is in the office most days, unless we are out visiting companies. Connecticut residency is required; candidates from out of state are welcome to apply if you will relocate to Connecticut before your start date.
Compensation and Benefits
Connecticut Innovations offers a competitive venture capital starting salary, with additional bonus opportunities based on team and individual investment performance, excellent benefits including health/dental insurance, generous paid time off, retirement plan options, flexible work schedules, and a culture that encourages work-life balance.
Equal Opportunity Employer
Connecticut Innovations is an equal opportunity/affirmative action employer. We welcome all candidates to apply regardless of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, or status as a protected veteran.
- Locations
- New Haven, Connecticut, United States
- Timezones
- Worldwide
- Education
- bachelor degree