--- title: 'Investment Associate at Emergence Software' canonical: 'https://feeny.ai/job/investment-associate-emergence-software-new-york-rtmshg5d4n0s' type: 'job' last_seen: '2026-09-05' --- # Investment Associate at Emergence Software - **Company:** Emergence Software - **Location:** New York, NY / San Francisco, CA / Toronto, Canada - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-06-23 - **Last confirmed live:** 2026-09-05 - **Apply:** https://jobs.ashbyhq.com/emergence/dd1b8501-7cf1-4963-87bc-43ad94071434 ## Job description Investment Associate | New York/San Francisco/Toronto - Full-Time / Part-Time | Onsite ## Who We Are Emergence is a thematic holding company backed by the Pritzker Organization focused exclusively on acquiring and scaling category-defining software businesses. We organize investments into focused portfolios with deep domain expertise and proven operational playbooks. We combine permanent capital with a growth equity mindset — partnering closely with leadership teams to drive sustainable ARR growth, profitability improvements, and industry-leading customer outcomes. The Mission Own the investment execution process end to end - from first look through close - on majority buyout transactions in enterprise software. ## What You'll Do - Lead financial and operational due diligence on acquisition targets, owning the workstream from kickoff to IC. - Build comprehensive financial models covering unit economics, SaaS KPIs, valuation, and operating leverage. - Run quality of earnings analyses and own the net working capital bridge and indebtedness definitions. - Write and present Investment Committee memos with clear diligence findings and a defensible point of view. - Assess and synthesize deal terms and majority buyout structures, identifying risks in negotiated positions. - Collaborate with legal, finance, and operations teams to drive clean deal execution and post-close integration planning. - Develop retention analyses and customer cohort work to evaluate pipeline health of acquisition targets. ## What We're Looking For Must-haves - 3 to 5 years of experience in private equity, growth equity, or investment banking with direct deal execution exposure. - Has run a full diligence process and contributed directly to a closed transaction. - Deep understanding of enterprise software and SaaS business models - can assess a business independently. - Strong financial modelling skills across LBO, DCF, and SaaS-specific KPI frameworks. - Can write a clear, concise IC memo that stands on its own without being walked through. Nice-to-haves - Experience with majority buyout structuring and complex transaction terms. - Prior exposure to post-acquisition integration planning. - Software-focused PE or growth equity background. ## Who you are You have run a data room without being told what to look for. You have pushed back on a deal and explained why with numbers. You write things once and they are right. You pull problems toward yourself instead of waiting for someone to assign them. You have changed your view on a business because the data said something different and you said so out loud. ## What We Offer Competitive base with bonus and meaningful carry participation. Direct ownership of deal execution with exposure to the full lifecycle from sourcing through close and post-acquisition integration. ## About Emergence Software ## Company Overview - **One-liner**: Emergence Software is a permanent equity partner that provides long-term capital and strategic support to high-potential B2B software companies. - **Entity Type**: Private (family office / PE/Buyout firm) - **Headquarters**: Palo Alto, California, United States - **Founded**: 2023 - **Founders**: Led by Henry Zhang (founder/CEO); backed by The Pritzker Organization ## Core Business - **Primary industry**: Private equity / investment management, with a focus on technology and software. - **Target customers**: B2B software companies generating between $2M and $20M in revenue that are seeking patient, permanent capital rather than a traditional exit-driven investment. - **Mission or purpose statement**: “To foster enduring growth stories that will shape the industry for decades to come” by building a thriving ecosystem through software and data. ## Products & Services - **Permanent Equity Capital**: Long-term, non-dilutive capital investments with no fixed exit timeline, designed to support growth without the pressure of a typical fund lifecycle. - **Strategic & Operational Support**: Tailored guidance on go-to-market, product strategy, and scaling operations, leveraging the network of The Pritzker Organization. - **Portfolio Ecosystem**: Access to a curated network of portfolio companies (e.g., Gemtalk Systems, AlgoDriven, MedEvolve, PureInfluence, NYVUS) for cross-collaboration and best practice sharing. ## Market Standing - **Valuation / Market Cap**: Not publicly disclosed. - **Key Metric**: Has made 6 investments since inception (latest deal: Gemtalk Systems, April 2026). Total assets under management not disclosed. - **Notable Investors / Partners**: The Pritzker Organization (backer), 53 Stations, Asymmetric. - **Growth Signals**: Rapid portfolio build (6 deals in ~3 years), active deal flow, and a team of 27 professionals as of 2026. ## Competitive Advantages - **Permanent Capital Structure**: Unlike traditional PE funds, Emergence does not need to exit investments within a set timeframe, allowing long-term value creation. - **Pritzker Affiliation**: Backed by The Pritzker Organization, a multi-billion dollar family office with deep industry connections and operational expertise. - **Niche Focus**: Concentrates exclusively on B2B software companies with $2M–$20M revenue, a segment often underserved by larger PE firms. - **Founder-Friendly Approach**: Positions itself as a partner rather than a controller, seeking to preserve founder autonomy. ## Strategic Focus - **Current priorities**: - Expand portfolio by investing in additional high-growth B2B software companies. - Deepen support for existing portfolio companies through operational resources and network access. - Build a differentiated ecosystem where portfolio companies can share technology and go-to-market capabilities. - **Growth direction**: Continue to be a “permanent equity partner” while scaling the team and investment capacity organically. ## Why Work Here - **Culture highlights**: Small, boutique firm (27 employees) with a collaborative, long-term mindset. Emphasis on building enduring businesses rather than chasing quick returns. - **Remote / hybrid policy**: Not publicly specified; headquarters in Palo Alto suggests an in-office expectation, but flexibility may be offered. - **Notable perks or engineering culture**: As a PE firm, roles are likely in investment, operations, and finance rather than pure engineering. Perks typical of a family office environment (e.g., competitive compensation, direct exposure to deal-making, mentorship from Pritzker network). - **For job seekers**: A chance to work closely with a small team on high-impact investments, with direct access to the resources of a major family office. Ideal for candidates passionate about B2B software and long-term value investing. ## Sources 1. [emsoft.com](https://www.emsoft.com/) 2. [pritzkerorg.com](https://pritzkerorg.com/investment/emergence-software/) 3. [pitchbook.com](https://pitchbook.com/profiles/company/538967-26) 4. [cbinsights.com](https://www.cbinsights.com/company/emergence-software) 5. [jobs.ashbyhq.com](https://jobs.ashbyhq.com/emergence) ## Other roles at Emergence Software - [VP, Strategic Finance](https://feeny.ai/job/vp-strategic-finance-emergence-software-united-states-canada-krhqmjfy6xc7) — United States / Canada - [test role](https://feeny.ai/job/test-role-emergence-software-remote-k85ap1xwh2zf) - [Director](https://feeny.ai/job/director-emergence-software-united-states-tw4e3q1k95z4) — United States - [Software Development Engineer III](https://feeny.ai/job/software-development-engineer-iii-emergence-software-india-qqyzz0s4k5jj) — India - [Principal Engineer | Remote | Full-Time](https://feeny.ai/job/principal-engineer-remote-full-time-emergence-software-india-26nggg5z0www) — India - [Staff Accountant](https://feeny.ai/job/staff-accountant-emergence-software-india-xebb8vpmy96q) — India - [Director of Legal](https://feeny.ai/job/director-of-legal-emergence-software-united-states-ynt6fssanxqb) — United States - [M&A Integration Lead](https://feeny.ai/job/m-a-integration-lead-emergence-software-united-states-aj33w9fj0zc0) — United States - [Senior Implementation consultant](https://feeny.ai/job/senior-implementation-consultant-emergence-software-india-3x0gyekmwp0c) — India - [Senior staff accountant](https://feeny.ai/job/senior-staff-accountant-emergence-software-india-azesn1nn4gqe) — India