Application Guide
How to Apply for Associate or Principal DOE (AI Fund)
at Lionheart Ventures
🏢 About Lionheart Ventures
Lionheart Ventures is an AI-focused investment firm that operates remotely, allowing for global deal sourcing and collaboration. Their specialization in AI at the frontier suggests they target high-conviction, early-stage investments in transformative technologies, offering a chance to work at the cutting edge of both AI development and venture capital.
About This Role
This Associate/Principal role is central to building and managing the fund's AI investment pipeline. You'll be responsible for identifying emerging AI trends, sourcing deals, and conducting technical due diligence, directly influencing which AI startups receive funding. The impact lies in shaping the fund's portfolio and potentially backing the next generation of foundational AI companies.
💡 A Day in the Life
A typical day involves reviewing AI research papers and news to identify trends, reaching out to your network or cold-emailing AI founders to source new deals, updating the CRM with pipeline progress, and collaborating remotely with partners on due diligence for a promising startup, perhaps via deep-dive calls on their technology stack and market fit.
🚀 Application Tools
🎯 Who Lionheart Ventures Is Looking For
- Has 2+ years in early-stage VC/PE/IB with a verifiable track record of sourcing and executing deals, specifically in tech or deep tech.
- Possesses either an advanced technical degree (e.g., CS, ML) or equivalent hands-on experience in AI/ML engineering, research, or product development.
- Demonstrates a proactive network within the AI startup ecosystem (founders, researchers, other investors) for deal sourcing.
- Can articulate specific examples of past investments they've worked on, detailing their role in sourcing, diligence, and execution.
📝 Tips for Applying to Lionheart Ventures
Tailor your resume to highlight specific early-stage AI or deep tech deals you've sourced or worked on; quantify your impact (e.g., 'sourced 15+ AI startup deals, 2 led to investments').
In your application, explicitly mention a recent frontier AI development (e.g., a new model architecture, regulatory shift) and briefly analyze its potential investment implications.
Research and name-drop 1-2 portfolio companies from Lionheart Ventures (if public) or similar AI-focused funds to show market awareness.
Given the remote setup, emphasize experience with asynchronous collaboration, CRM tools (like Affinity or Salesforce), and self-directed project management.
Prepare a concise 'deal memo' or investment thesis on a hypothetical AI startup as a writing sample if requested, showcasing your diligence framework.
✉️ What to Emphasize in Your Cover Letter
['Your specific experience sourcing and evaluating early-stage AI companies, with one concrete example.', 'Your ability to conduct technical diligence on AI startups (e.g., assessing team expertise, model scalability, data moats).', 'Your passion for and understanding of frontier AI trends beyond mainstream applications (e.g., reasoning models, AI safety, specialized hardware).', 'Why the remote, AI-specialized focus of Lionheart Ventures aligns with your career goals in impact-driven investing.']
Generate Cover Letter →🔍 Research Before Applying
To stand out, make sure you've researched:
- → Lionheart Ventures' public portfolio companies, investment thesis, and any blog posts or talks by partners to understand their focus areas.
- → The backgrounds of the investing partners (via LinkedIn) to tailor your approach to their expertise.
- → Recent AI funding trends and major deals in sectors like generative AI, robotics, or AI infrastructure to speak knowledgeably about the landscape.
- → The firm's remote operational model and culture, if hinted at on their website or in interviews.
💬 Prepare for These Interview Topics
Based on this role, you may be asked about:
⚠️ Common Mistakes to Avoid
- Submitting a generic VC resume without AI-specific deal experience or technical depth.
- Failing to demonstrate proactive deal sourcing ability; appearing passive or reliant on inbound flow.
- Showing superficial knowledge of AI (e.g., only discussing ChatGPT) without understanding underlying models, research trends, or hardware.
📅 Application Timeline
This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.
Typical hiring timeline:
Application Review
1-2 weeks
Initial Screening
Phone call or written assessment
Interviews
1-2 rounds, usually virtual
Offer
Congratulations!
Ready to Apply?
Good luck with your application to Lionheart Ventures!