Venture Capital Research Internship @ in Santa Monica, CA

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!

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.

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…