At a Glance
- Tasks: Build financial models, prepare investment materials, and drive automation in fund operations.
- Company: UpGrade, a growth financing fund revolutionising capital for scaling businesses.
- Benefits: Competitive salary, performance bonuses, comprehensive benefits, and professional development support.
- Other info: Flexible part-time role transitioning to full-time, with clear career progression opportunities.
- Why this job: Be the first hire at a product-led fund and shape its future while working with top companies.
- 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. With a team experienced in structured finance, venture, and scaling global businesses, we are creating a new category of growth capital for companies ready to scale efficiently and sustainably.
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. Our commitment to employee growth is evident through structured training and mentorship opportunities, allowing you to advance your career in the asset management and private investment space. With a flexible work environment across London, Tel Aviv, Cyprus, or remotely, you will be part of a pioneering team that values your contributions and rewards exceptional performance.
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 industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your relevant skills and experiences. We want to see how you can add value to our team, so come prepared with examples of your past successes and how they relate to the role.
✨Ask Smart Questions
During interviews, don’t just wait for them to ask you questions. Show your interest by asking insightful questions about the company and its future. This not only demonstrates your enthusiasm but also helps you figure out if we’re the right fit for you!
✨Apply Through Our Website
We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in being part of our team at UpGrade!
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 🫡
Show Your Passion for Growth Financing:When writing your application, let us see your enthusiasm for growth financing and how it aligns with our mission at UpGrade. Share any relevant experiences or projects that highlight your interest in helping companies scale efficiently.
Tailor Your Application:Make sure to customise your CV and cover letter for the Associate role. Highlight your background in finance, venture capital, or any relevant fields, and connect your skills to the responsibilities listed in the job description. We love seeing candidates who take the time to make their application stand out!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate well-structured applications that make it easy for us to understand your qualifications and motivations.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your materials and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team 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 responsibility of the Associate role. Familiarise yourself with return analysis and terms structuring to impress the interviewers.
✨Showcase Your Tech Savvy
Since UpGrade is focused on technology-driven workflows, demonstrate your excitement about automation and AI. Prepare examples of how you've used no-code or low-code tools in previous roles, or how you envision driving automation in fund workflows. This will show that you're aligned with their innovative approach.
✨Prepare Investment Materials
Get comfortable with creating investment materials like teasers, decks, and memos. You might be asked to present a mock investment case during the interview, so practice summarising complex information clearly and concisely. This will highlight your ability to contribute to internal decision-making.
✨Understand the Fund's Vision
Research UpGrade’s model and its founder-friendly approach to financing. Be prepared to discuss how you can contribute to shaping the fund and its processes. Showing that you understand their mission and values will set you apart as a candidate who is genuinely interested in the role.
