A Premarket Medical Device Startup
 is hiring a fractional

Chief Financial Officer

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You’ll receive an update within 14 days
If the company is interested, we’ll intro the two of you directly

Weekly Commitment

5 - 10 hrs

Compensation Range

$5 - $8K / mo

Company Stage

Early-stage VC

Industry

Medtech

Location

Remote
moonlight ok
moonlight ok
convert full-time
convert full-time
equity offered
equity offered
hands-on needed
hands-on needed

Note: We've kept the name of the company private. If you'd like to know the company before requesting an intro, just email us at hello [at] fractionaljobs.io

‍

The Company

We're building a modern, multi-channel infusion pump to replace the outdated hardware hospitals rely on to deliver IV fluids, medications, and blood.

Stage & proof points:

  • Raised a friends-and-family round
  • Patent-pending hardware, and a functional UI built
  • Founder is a professor and attending at one of the top 5 heart hospitals in the country

‍

The Work

Our founder is a physician with an EE/CS background, not a business background. They're gearing up for a Seed fundraise and looking for a Fractional CFO to act as an experienced strategic partner to help lead these efforts.

Specifically, you'll:

  • Lead our Seed fundraise, targeting $500K - $1MM
  • Build the pitch deck, and help craft the story that goes into it
  • Build our financial projections and other materials for the data room
  • Help us shape our business model and better understand how we'll sell into our target market
  • Join relevant investor calls
  • Network us with capital providers in the medtech space, using your own connections

We think we'll need about 5 - 10 hrs per week of time, and looking to compensate around $5K / month to as high as $8K / month. We're also open to a bonus arrangement on successful fundraise.

‍

About You

You MUST have:

  • A CFO, COO, or similar Finance leader for other medical device startups
  • Led medtech startups through early-stage funding rounds, where you were materially involved in the fundraising activity
  • Hardware experience, ideally with FDA-regulated Class II devices
  • Can be based anywhere, but your career must be in the US-based medtech industry, and you must have significant time zone overlap with EST

Nice-to-haves:

  • A network of capital providers in medtech that you can activate
  • Experience with infusion pumps and infusion technology such as insulin pumps, dialysis machines, cardiopulmonary bypass machines
  • Experience with any other type of electromechanical medical device such as a ventilator that has both a hardware and software component


How to Get in Touch

Hit that "Request Intro" button below. Include any relevant links so we can get to know you better.

Your brief intro note should clearly address:
‍

  • The medical device startups you've owned finance, ops, or strategy for
  • Your medtech fundraising experience, including your involvement in the process, what you owned, and the capital you successfully raised
  • Any existing network connections among the medtech investor community


If we think there's a fit, we'll reach out to schedule an intro call. Looking forward!

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