Job ID: 2402121
Location: MOFFETT FIELD, CA, United States
Date Posted: Feb 22, 2024
Category: Business Development
Subcategory: Strategic Plng
Shift: Day Job
Travel: Yes, 25 % of the Time
Minimum Clearance Required: None
Clearance Level Must Be Able to Obtain: None
Potential for Remote Work: Hybrid Remote
Benefits: Click here
SAIC is looking for a Corporate Venture Capital Principal to source, cultivate, and manage investments with startups. This individual contributor will work from the San Francisco Bay Area with west coast-based VCs and Startups. Coordination with the SAIC Ventures team will also include key SAIC stakeholders across our Chief Innovation Officer (CINO) organization including Innovation Factories for technology, Sales and Strategic Partnerships teams for Platform & value capture, and P&L owners across our five Business Units. The CVC Principal will develop relationships with investors and startups to scout, define & develop VC investment theses, and drive post-deal value creation with startups and co-investors. By treating our partners’ offerings as if they are our own you will help to accelerate SAIC’s government customers’ use of novel & disruptive technologies across domains of Cloud, Cyber, Digital Transformation, Digital Engineering, AI, and beyond.
The primary role of the CVC Director is to make CVC investments and help drive those companies’ products into SAIC offerings to help drive growth and differentiation. The responsibilities are equal parts VC & startup relationship development & cultivation, investment opportunity development & diligence to drive the thesis for new deals, and post-deal value creation facilitation leveraging the power of our CINO team with portfolio companies.
A successful candidate will work to understand the variety of SAIC’s Defense, Civilian, Federal, and State customers & create relationships with SAIC’s CINO team to differentiate SAIC with startups’ dual-use commercial technologies. This CVC leader must have proven capability to develop relationships with startups, co-investors, and company-wide leaders, rapidly growing their internal and external networks. They must express an affinity for and experience working with technology-driven product & service offerings. Highly qualified candidates will have previous experience working with venture capital backed startups and understand the unique role that strategically aligned Corporate Venture Capital investors have in the VC ecosystem. Ideal candidates will have a mix of business and technical/product experience.
Roles & Responsibilities:
SAIC accepts applications on an ongoing basis and there is no deadline.
SAIC® is a premier Fortune 500® technology integrator driving our nation's technology transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions.
We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity, and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $6.9 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.