2026 Venture Capital Research Internship

WHO WE ARE:

Anthos is a team of quiet capitalists making high-conviction investments in category-defining companies at the inflection point of growth. We were founded in 2007 by a pair of best friends who met at Goldman Sachs and Stanford Business School and continue to lead the firm today. Today, we manage nearly $3B across five funds and a tight-knit team of ~30, organized for impact, not scale. Founder-friendly is table stakes. Our edge comes from being in the trenches—as founders, operators, and relentless builders. We show up early, go deep, and stay focused.

We invest across consumer and software — sectors where we’ve built deep expertise and consistently backed breakout companies. Our integrated growth team partners closely with founders on go-to-market, talent, capital and exit planning and execution.

Our portfolio includes standout companies like Erewhon, Honey, GoPuff, Emailage, and Trunk Club—businesses we support through key moments of growth.

Interns have long been a core talent pipeline for us, with many converting to full-time roles and advancing over time. While our program is highly selective, we welcome people from all walks of life, majors, schools, and passions to apply – and have found that our most successful interns share several common traits: grit and focus, extreme curiosity, diligence, relentlessness, humility, and prescience. If that describes you, we encourage you to apply!

ABOUT THE INTERNSHIP:

For over 10 years, Anthos has invited summer interns to join our team for a highly collaborative, well-supported, and fun experience. Below are the details for our 2026 summer program:

• Strictly for rising Seniors

• 10 weeks, from June 8 to August 14

• $1500 sign-on bonus, and $1500 per week

• Paired with an experienced investor

• Office location in Santa Monica, CA

• Potential for highly selective full-time analyst offers made at the conclusion of the program

• 1 full week of foundational training to get you and the other interns up-to-speed on VC and what an Anthos deal looks like

• Other summer interns to work with and learn from

• Social events to get to know the full Anthos team

• Open to those who are legally able to work in the U.S.

By the end of the summer, you will have made new friends and learned about what it means to be a Research Analyst at Anthos.

YOUR ROLE:

The Research team applies independent thinking and analytical rigor to make a recommendation on whether or not to invest in a proposed deal. They take the Sourcing team’s ideas and turn them inside-out and upside-down to assess the financial viability of the investment. Diving into unfamiliar industries and topics, the Research team needs to quickly get up-to-speed and become the resident expert, armed with the facts. As a Research intern, you’ll become a key part of the due diligence process for live deals.

• Unbiased, methodical analyses.

  • Run quantitative analyses on key metrics such as customer acquisition cost, customer retention, growth ratios, and overall unit economics.

  • Perform research on overall industry trends, competitive landscape and dynamics, total addressable market size (TAM), etc. that may impact the prospects of companies. This includes staying on top of news articles, government reports, equity research, market analysis, and trade journals.

• Data collection and generation.

  • Work with the Sourcing team and apply your own hypothesis-driven thinking to determine what additional data might help inform the decision.

  • Chase down data through online research, using Anthos customer advisory groups, analyzing in-store pricing, etc. Creativity is welcome, as long as we derive meaningful insights!

• Fact-finding interviews.

  • Determine which experts can shed additional light on a problem, and set up information-gathering calls.

  • Speak with founders to get any “due diligence” questions answered.

• Development of recommendations supported by facts and data.

  • Pull together comprehensive data packs for the investment team to review for their decision-making.

  • Simplify complex analyses into digestible charts and summaries.

• Ad hoc projects to assist the broader Anthos team.

ABOUT YOU:

• Rising senior at a top university with a strong GPA and previous internship experience. Analytical or finance majors may be ideally positioned, but we’ve seen success across other majors. Knowledge of Python, Tableau, or other analytical tools is a plus.

• Financial ability and curiosity. While advanced financial literacy is not a requirement, candidates should be able to analyze and interpret common financial statements, and be interested in learning more about financial modeling and analysis.

• Relentlessness, unwavering work ethic, and coachability. This includes self-motivation, drive, and the ability to grind under tight timelines and pressure. The type of person who is successful at Anthos is open to constructive feedback because their broader goal is to continuously improve, not be “right”.

• Independent thinking, strong quantitative chops, and extreme curiosity. Don’t follow the crowd, use your own intuition and facts to determine what will succeed. Show a passion for numbers and data, and let your rigor and analyses give you confidence.

• Immense capacity for learning, ingesting facts and data, and having strong attention to detail. Investing means drinking from the firehose always, even as a seasoned professional. Identifying patterns and remembering details will be crucial. In your end-products, details are not missed.

• Ability to connect the dots about businesses and what’s happening in the world around you. This is what we mean by business acumen. It’s not something you learn in Econ class; it’s using logic, asking questions, and figuring out what’s going on before others do.

• Collaborative, coachable, and humble. Our unique functional model requires team members to support each other to be successful. We’re all in this together.

Anthos Capital is committed to cultivating a fair, inclusive and equal work environment. We strive to be a place where each team member is empowered to come to work as their true self.

By submitting your application, you agree that Anthos Capital may collect your personal data for recruiting, organization planning and related purposes. Anthos Capital’s Candidate Privacy Notice explains what personal information Anthos Capital may process, where Anthos Capital may process your personal information, its purposes for processing your personal information and the rights you can exercise over Anthos Capital’s use of your personal information.