Summer Intern
Oakland, CA · Remote
Mid-level +1 · Internship
Posted 2 years ago
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POWERHOUSE VENTURES: SUMMER INTERN

Position: Intern

Entity: Powerhouse Ventures

Reports to: Associate/Senior Associate

Location: Remote or Oakland, CA

Please submit a resume and one-page cover letter to careers@powerhouse.fund with the subject line ‘Ventures Intern Application - [Your First and Last Name]’ by January 27th, 2023.

 

About Powerhouse Ventures

Our mission at Powerhouse Ventures is to identify and support founding teams building innovative software to rapidly transform our global energy and mobility systems. We believe that addressing the climate crisis requires deploying our most viable market-based solutions today.

 

Who are we looking for?

Powerhouse Ventures is hiring a Summer Intern to support the investment team. This individual’s primary role is to support both active market research and diligence, as well as longer-term projects directly associated with our OKRs. The internship is expected to be roughly 40 hours per week for 12 weeks between May and August 2023.

 

What you will be working on:

  • Support on deal evaluation, including financial analysis, customer calls, and expert interviews

  • Collaborate on research efforts to proactively identify new investment opportunities

  • Support Investment Memo writing for any deals completed during the internship period

  • Support the quarterly survey process and LP reporting, as well as other aspects of portfolio company support 

  • Support on data aggregation and CRM management 

  • Other projects and responsibilities as assigned

 

About You:

  • Currently enrolled in an industry-relevant Masters or PhD program, or 4-6 years of prior industry-relevant job experience  

  • Thrive in a fast-paced environment 

  • Excellent communication skills and high EQ

  • Strong strategic, analytical, and critical thinking skills

  • A willingness to dive into the details and navigate through ambiguity

  • Driven and self-directed with outstanding organizational skills

  • A passion for building climate solutions and deploying clean energy and next-generation mobility technology

  • Industry-relevant technical and engineering backgrounds are a plus

 

Benefits

  • Exposure to the country’s most innovative climate tech startups and access to Powerhouse Ventures extensive network of industry executives, investors, and thought leaders

  • Insight into climate tech software trends and opportunities

  • Experience on a fast growing, ambitious, and passionate team dedicated to changing the way we power our world

  • $25/hour stipend

 

Diversity

One of our values is to broaden leadership opportunities for women, people of color, LGBTQ+, and anyone with an experience historically underrepresented in companies, board rooms, and venture funds. We believe that everyone in the industry, and at our fund, has to be committed to pro-DE&I policies and practices. We celebrate diversity and are committed to creating an inclusive, safe, and growth-oriented environment for all members of our team.

 

Purpose, Culture, and Values

Our purpose is to address the climate crisis with innovation.

The Powerhouse Ventures team has built a high-performance, results based, and impact oriented environment. We’re committed to cultivating a positive workplace that embraces feedback and supports personal and professional growth.

As Powerhouse Ventures has continued to grow, we have remained rooted in our values:

 

Ambition.

Addressing the climate crisis requires the ambition to completely reimagine and rebuild our energy and mobility systems. We challenge ourselves, our clients, and our portfolio companies to act boldly, innovate quickly, and decarbonize equitably.

 

Collaboration.

No company—no matter how big—has the ability to decarbonize by itself. Through our client engagement and investments, we’re enabling collaboration between the biggest corporations and the most effective startups.

Innovation.

The structures of the past hundred years are insufficient to address the climate crisis. Rapid decarbonization requires a radical expansion of new technologies to deploy our best solutions at scale.

 

People.

Every startup, client, and organization we work with is driven by people. Our work is rooted in strong and personal relationships with the people changing the way we power our world.

Powerhouse Ventures
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems.
Size:  1-10 employees
Year Founded:  2018
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