How GPs manage their funds, investors invest in startups, and capital moves between them. Backed by GV.
About the role
Nova is building the banking and payments network for private markets. This infrastructure moves money between funds and investors for subscriptions, capital calls, and distributions. Today, Nova supports $1.2B+ in deposits, $100M+ in weekly transfers across six bank integrations, and ~150k verified investors. Moving large sums between funds and investors is one of the highest-stakes parts of the private markets. Nova earns and keeps the trust of GPs and LPs by getting it exactly right every time.
What they're looking for
- Experience with fintech, payments, banking, ledgers, KYC or compliance systems, or another high-stakes domain. Direct experience with payments or financial systems is a strong plus given what this team owns
- A record of shipping and operating backend or platform systems where correctness and reliability are non-negotiable
- Experience with Ruby on Rails and service-oriented systems, or the ability to learn them quickly
- Good startup judgment. You're comfortable with ambiguity and add enough process to help the team without over-building it
More about this role
Private markets are the new public markets. The most important companies of this era are private, and almost no one can own them. What's missing is the financial system public markets spent a century building: exchanges, custodians, brokers, and ways for ordinary people to buy in. Private markets, now $28T, never had the equivalent. AngelList is building it.
The last decade of structural innovation in venture happened here: syndicates, SPVs at scale, Rolling Funds, scout programs. Today we have $200B+ in assets and 30,000+ startups funded on our platform. The rest of private markets is next. Funds is the software and services behind private funds, Nova is the banking network, Meridian is the wealth platform for accredited investors, and USVC is the brand behind a registered fund that lets anyone invest in venture.
Working here means an unusual amount of agency on a problem that matters. Titles are closer to suggestions, and there are about 200 of us building what private markets never had. Come build it with us.
Nova is building the banking and payments network for private markets. This infrastructure moves money between funds and investors for subscriptions, capital calls, and...
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