Investment Associate, Growth, m/f/d

Permanent employee, Full-time · London

Your mission

Joining our London Growth Investments team is an exceptional opportunity to contribute to Lakestar’s strategy of identifying and supporting high-growth, later-stage companies. Focused on Series B+ investments, you will work closely with Georgia Watson, who leads Growth Investments at Lakestar, to evaluate and execute opportunities that have the potential to scale rapidly and define their industries globally.

This role demands a high degree of analytical rigour and strategic insight into the unique challenges and opportunities faced by growth-stage companies. You will play a pivotal role in assessing financial performance, scalability, and market dynamics to support decision-making at this critical stage of company development. Beyond deal execution, you will contribute to refining investment theses in high-growth sectors and drive Lakestar’s presence in the UK and beyond.

Deal Flow and Investment 
  • Conduct comprehensive market research and sector deep dives to identify high-potential Series B+ companies, analysing industry trends, competitive dynamics, and market opportunities.
  • Build and maintain a robust pipeline of qualified leads through active sourcing, outbound efforts, and leveraging Lakestar’s network, data analysts, and market insights.
  • Evaluate inbound opportunities by assessing key business performance metrics, including scalability, unit economics, and growth potential, to identify alignment with Lakestar’s strategy.
  • Perform rigorous first-level due diligence, including financial modeling, growth metric analysis, and market penetration assessments, to determine investment viability.
  • Prepare investment materials such as valuation models, exit scenario analyses, and structured summaries to facilitate decision-making throughout the investment process.
  • Present and discuss opportunities during deal flow meetings, contributing strategic insights to help the team prioritise and execute on the most promising growth-stage investments.
Portfolio Management
  • Hold some accountability for monitoring KPIs of portfolio companies with your Investment Partner.
  • Attend board meetings together with your Principal/Partner and support with board material preparations.
  • Actively promote portfolio companies and make intros to other VC funds or potential customers. 
  • You will own and execute end-to-end projects which will not always be directly related to the daily business of investing and portfolio management, i.e. improve existing internal processes, introduce new software tools or ways of collaboration.
Network and Ecosystem Development
  • Actively cultivate relationships with entrepreneurs, build the fund’s reputation as a collaborative advisor, and establish key relationships on behalf of the fund.
  • Represent Lakestar at conferences, being able to pitch Lakestar to different stakeholders, be it founders as well as other investors.
  • Support in organising events/dinners with key people from the ecosystem.
Your profile
As an equal opportunity employer, we value diverse experiences and do not believe in piling on rigid requirements or specific educational backgrounds. However, to thrive in this role, we expect the following:
  • You have 3–4 years of experience in investment banking, venture capital, private equity, or a similar role, with a track record of evaluating and executing growth-stage investments (Series B+).
  • You have led or significantly contributed to rebuilding business plans for Series B+ companies, demonstrating a deep understanding of financial modeling, unit economics, and market scalability.
  • You possess exceptional analytical skills and are able to challenge and validate key KPIs, and critical growth metrics, with confidence and accuracy.
  • You’ve gained experience as a board observer or have worked closely with executive teams, providing strategic insights and monitoring performance at a high level.
  • You bring strong financial modeling and presentation skills, enabling you to assess complex opportunities and clearly communicate your insights.
  • You are passionate about the UK and broader European tech ecosystems, staying well-informed about emerging trends, innovative companies, and sector dynamics.
  • You are a skilled communicator and relationship builder, able to adapt your messaging for diverse stakeholders and foster meaningful connections.
  • You thrive in high-pressure, dynamic environments, balancing resilience, curiosity, and a results-driven approach with the humility to walk away from deals that don’t align with Lakestar’s strategy.
On Process
  • Applications are open until February 4th. 
  • The last few weeks of February will be an application review period, from which a few cohorts of candidates will be called forward for interviews. 
  • Interviews are typically held in 4 main blocks: a) short get to know chat b) deep dives c) onsite case study d) final partner interactions. 
If this sounds like the right next step in your career, we’d love to hear from you!
About us

Lakestar is one of the leading pan-European venture capital firms. Lakestar’s mission is to find, fund and grow disruptive businesses that are enabled by technology and founded by exceptional entrepreneurs in Europe and beyond. Founded by Klaus Hommels in 2012, Lakestar manages an aggregated volume of over €2bn across four early stage funds and two growth funds.

The team actively advises and supports portfolio companies in marketing, recruitment, technology, product development and regulatory insight, accompanying founders from seed to early stage, growth stage or exit. Lakestar currently has the privilege of holding investments in Aleph Alpha, Auterion, Blockchain, Builder.ai, Colossyan, GetYourGuide, HomeToGo, IsarAerospace, Neko Health, Revolut, sennder and Terra Quantum to name a few. 

A long-standing champion for Europe’s digital sovereignty, Lakestar has a presence in London, Berlin and Zurich with a team of 40 talented individuals from 18 countries.

Visit us on LinkedIn and our website www.lakestar.com
We are looking forward to hearing from you!
Thank you for your interest in Lakestar!
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