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Director of New Ventures, Ksa

2 weeks ago

Riyadh, Saudi Arabia Redesign Health Full time

As our Director of Ventures, you will play a critical role in building Sanabil Venture Studio by Redesign Health's (SSRH) innovation platform by identifying and evaluating transformative opportunities at the intersection of AI, technology, and healthcare. You'll develop deep market theses around how emerging technologies will reshape healthcare delivery and outcomes in the Kingdom, attract and empower founders to pitch and launch their companies, build a strong network of regional investors, and support the growth of our portfolio companies through expert product, technology, and commercial guidance.

This role is ideal for someone who thrives at the nexus of venture, technology, and healthcare, and who brings compelling theses about how AI will revolutionize medicine in the Kingdom. You will work collaboratively to vet high-potential business concepts, assess implementation and scalability challenges unique to the regional market, lead fundraising efforts, and represent Redesign Health to local stakeholders.

Redesign Health is dedicated to launching AI-native healthcare ventures that will transform how care is delivered and experienced. As a company, we don't just build with AI—we work with AI, integrating these tools into our daily operations to focus our human creativity and expertise on the most complex challenges and highest-impact opportunities. We seek curious, adaptable team members who are excited to explore new ways of working, eager to master emerging technologies, and committed to pushing the boundaries of what's possible when human ingenuity meets artificial intelligence.

Reporting to the General Manager of KSA, you will be part of a global team based in Riyadh and collaborate across Redesign to ensure seamless alignment and execution with local and global goals.

This is an exciting opportunity to be one of the first team members at SSRH. You will help drive the operations and culture of our Saudi innovation platform, working closely with US-based counterparts to build upon existing Redesign innovation infrastructure and adapting to the needs of the Saudi market.

**What You’ll Do**:
Research and Investment Opportunity Development:
- Develop and maintain comprehensive market theses around AI and healthcare convergence opportunities specific to KSA, including views on technical competitiveness, regulatory approaches, and implementation challenges.- Evaluate and steward high-potential, investable health technology opportunities aligned with local market needs.- Lead diligence efforts for selected investment ideas, working with our Technology team to develop and leverage new AI-based research tools on top of our existing data and infrastructure.- Serve as a thought leader on healthcare technology trends in KSA and beyond, sharing insights about where new technologies can create lasting impact.

**Founder Partnership**:
- Identify, attract, and evaluate exceptional founders poised to create transformative health technology companies including attending events and integrating into the local founder tech ecosystem to raise the profile of SSRH.- Partner with founders to refine their ideas, prototypes, strategic plans, and pitch.- Support founding teams in product, technology, and talent strategy, evaluation of strategic opportunities & partnerships, and capital development & fundraising.

**Capital Development**:
- Deepen relationships with Redesign’s existing network of 200+ top venture investors while building new connections across the KSA and GCC regions.- Represent SSRH at investor meetings and industry conferences, using insights you glean to refine company creation strategies.- Act as a key ambassador, promoting Redesign’s mission and values to local stakeholders and partners.

**Team and Culture Building**:
- Act as a key ambassador for Redesign Health in Saudi Arabia, promoting our mission and values.- Build out the operations and culture of Redesign Health Saudi Arabia, wearing many hats as needed.

**What You’ll Need**:
- 8+ years of combined experience across: founding/scaling health technology companies, product/technology leadership at early-stage startups, or venture/PE investing with a focus on technical due diligence.- Deep understanding of the KSA healthcare market, including technical infrastructure, regulatory environment, and unique scaling challenges.- Exceptional research, analytical, and strategic thinking skills, with fluency in business model analysis, technical feasibility and competitive risk assessment, and investment thesis development.- Strong experience in fundraising, financial modeling, valuation, and structuring capital transactions within the GCC region.- A Bachelor’s Degree with a record of high academic achievement, ideally in a technical field; advanced degrees are a plus.- Fluency in Arabic and English is required.

**Who You Are**:
**Product & Technical Leadership.** You have a proven track record of making good product, technical, and commercial decisions i