At a Glance
- Tasks: Build financial models, prepare investment materials, and support fund operations.
- Company: Join UpGrade, a pioneering growth financing fund with a tech-driven approach.
- Benefits: Competitive salary, performance bonuses, and professional development opportunities.
- Other info: Flexible part-time role with potential for full-time by 2025 and rapid career advancement.
- Why this job: Be part of a founder-friendly fund and shape the future of growth capital.
- Qualifications: Background in finance or startups, strong modelling skills, and an entrepreneurial mindset.
The predicted salary is between 30000 - 40000 € per year.
Location: London / Tel Aviv / Cyprus or Remote
Commitment: Part-time (50%), scaling to full-time by the end of 2025
About UpGrade: UpGrade is a growth financing fund providing flexible, non-dilutive capital for user acquisition and revenue growth. We partner with companies in gaming, fintech, SaaS, and consumer sectors, offering up to $30M in cohort-based co-financing of sales and marketing. Our model is founder-friendly: financing is flexible, capped, and repaid only when cohorts generate revenue. No fixed installments, no cash flow mismatch — just aligned growth. As a product-led private credit fund, we are building technology-driven workflows and automation into every layer of the fund, from deal structuring to monitoring.
Role: Associate
As Associate, you will work directly with the partners and play a hands-on role across the investment and operations lifecycle. This is a unique opportunity to help shape both the fund and its processes from the ground up. The role offers a clear progression path within the firm, with opportunities to assume greater responsibility in investment decisions, investor relations, and fund management. You will also benefit from structured training, mentorship, and long-term career development in the asset management and private investment space.
Compensation & Benefits: We offer a competitive compensation package, including base salary, performance-based bonus opportunities, and potential participation in carried interest schemes. In addition, you will have access to comprehensive benefits and professional development support. Exceptional performance is recognized and rewarded, with scope for accelerated advancement.
Responsibilities:
- Build and maintain financial models for new deals, including return analysis and terms structuring.
- Prepare investment materials (teasers, decks, memos) for internal decision-making, LPs, and portfolio companies.
- Contribute to due diligence processes, evaluating financial, operational, and strategic aspects of potential investments.
- Monitor existing portfolio performance and report on key metrics.
- Support fund operations, including capital calls and investor reporting.
- Drive automation of fund workflows using AI and no-code/low-code tools.
Who You Are:
- Background in finance, venture capital, private equity, investment banking, or startup CFO/finance roles.
- Strong modeling skills and attention to detail.
- Comfortable switching between high-level strategy and hands-on execution.
- Excited about technology, automation, and rethinking how a private-credit fund can operate.
- Comfortable with reading legal documents and interpreting them for internal procedures.
- Entrepreneurial mindset, eager to work in a lean, fast-moving environment.
Why Join Us:
- First hire at a product-led growth financing fund.
- Direct exposure to investment decision-making and portfolio management.
- Work closely with three experienced partners.
- You will be working with top-notch Series B / C fast growing companies – their founders and C-Suite.
- Flexible start: part-time alongside your current role, scaling into full-time by the year-end.
Associate @UpGrade Growth Financing Fund in London, Tel Aviv, Cyprus, or Remote employer: VC Stack
At UpGrade, we pride ourselves on being an exceptional employer that fosters a dynamic and innovative work culture. As an Associate, you will have the unique opportunity to shape the future of our growth financing fund while benefiting from structured training, mentorship, and clear career progression in a supportive environment. With flexible working arrangements across London, Tel Aviv, Cyprus, or remotely, we offer competitive compensation, recognition for exceptional performance, and the chance to work closely with experienced partners and high-growth companies.
StudySmarter Expert Advice🤫
We think this is how you could land Associate @UpGrade Growth Financing Fund in London, Tel Aviv, Cyprus, or Remote
✨Network Like a Pro
Get out there and connect with people in the finance and investment space. Attend industry events, webinars, or even local meetups. You never know who might have a lead on that perfect Associate role at UpGrade!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your financial modelling skills and any relevant experience. Bring examples of your work or discuss projects you've been involved in to really impress them.
✨Be Ready for the Interview
Prepare for interviews by brushing up on your knowledge of growth financing and the sectors UpGrade operates in. Think about how you can contribute to their mission and be ready to discuss how you can help drive automation and efficiency.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It shows you're genuinely interested and gives us a chance to see your application in the best light. Plus, it’s the quickest way to get your foot in the door!
We think you need these skills to ace Associate @UpGrade Growth Financing Fund in London, Tel Aviv, Cyprus, or Remote
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Associate role. Highlight any relevant finance or investment experience, and don’t forget to showcase your modelling skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about UpGrade and how your background fits into our mission. Be genuine and let your personality come through.
Showcase Your Tech Savvy:Since we’re all about technology-driven workflows, mention any experience you have with automation tools or AI. This will show us you’re on the same page when it comes to rethinking private credit operations.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at UpGrade!
How to prepare for a job interview at VC Stack
✨Know Your Numbers
Brush up on your financial modelling skills before the interview. Be ready to discuss how you would build and maintain financial models for new deals, as this is a key part of the Associate role. Familiarise yourself with return analysis and terms structuring to impress the interviewers.
✨Showcase Your Tech Savvy
Since UpGrade is all about technology-driven workflows, make sure to highlight any experience you have with automation tools or no-code/low-code platforms. Discuss how you can drive automation in fund operations, as this will show that you're aligned with their innovative approach.
✨Prepare Investment Materials
Get ready to talk about your experience in preparing investment materials like teasers, decks, and memos. Think of examples where you've contributed to due diligence processes or evaluated potential investments, as this will demonstrate your hands-on experience and strategic thinking.
✨Embrace the Entrepreneurial Spirit
UpGrade is looking for someone with an entrepreneurial mindset. Be prepared to share instances where you've thrived in fast-moving environments or taken initiative in previous roles. This will help convey your eagerness to shape the fund's processes and contribute to its growth.
