Analyst

Mercato Partners Overview

Mercato Partners is a growth-equity firm investing in capital-efficient technology companies across vertical SaaS, healthcare technology, and applied AI. Founded in 2007, the firm partners with exceptional founders in undercapitalized U.S. innovation regions—especially the Mountain West and Midwest—and has produced top-decile performance across four prior funds. Fund V continues this disciplined strategy with expanded institutional infrastructure, AI-enabled workflows, and a four-person Investment Committee.

Role Overview

Mercato Partners is seeking an Analyst to join the investment team. Analysts play a central role in sourcing, evaluating, and supporting growth-stage technology investments. The role includes meaningful exposure to founders, senior executives, and the firm's Investment Committee. Analysts contribute to thematic research, financial modeling, commercial diligence, AI-enabled analysis, and portfolio monitoring. This is a high-ownership, high-expectation role suited for someone who is analytically rigorous, intellectually curious, and energized by partnering with entrepreneurial leaders.

Position Qualifications

· Undergraduate degree in finance, economics, engineering, computer science, or a related field.

· Experience in consulting, investment banking, venture capital, corporate strategy, or operating roles preferred but not required.

· Strong analytical skills, including financial modeling and market research.

· Demonstrated interest in technology, entrepreneurship, and the investing ecosystem.

· Ability to work in a fast-paced environment with shifting priorities and tight deadlines.

· Strong communication skills and the ability to engage credibly with founders, executives, LPs, and board members.

· Familiarity with (or willingness to learn) AI-enabled research, diligence tools, and modern workflow systems.

· High integrity, intellectual humility, and an ownership mindset.

Primary responsibilities

Sourcing & Market Intelligence

· Track emerging themes in vertical SaaS, healthcare technology, and applied AI.

· Build and maintain target lists across Mercato's geographic markets.

· Engage early with founders and executives; participate in introductory calls and meetings.

Deal Evaluation & Diligence

· Perform detailed financial modeling, scenario analysis, and valuation work.

· Conduct customer and market reference calls; summarize insights for IC review.

· Support commercial, product, and technical diligence, including use of AI-enabled analysis tools.

· Map competitive landscapes and identify strategic positioning.

Portfolio Engagement

· Assist Mercato sponsors in preparing board materials and KPI reviews.

· Support value-creation projects, including pricing work, customer segmentation, hiring needs, and operational benchmarking.

· Maintain internal dashboards and AI-enabled knowledge systems for active companies.

Internal Research & IC Support

· Prepare investment memos, thematic briefs, and deal summaries.

· Participate in internal discussions, IC prep, and post-mortem analyses.

· Contribute to firmwide knowledge capture and sourcing automation initiatives.

Compensation and Benefits

Mercato Partners offers a competitive compensation package including base salary, discretionary bonus, and profit-sharing. All employees are eligible for group health, dental, and vision insurance, and a 401(k) plan.