My experience at Venteur: Where Fintech, Insurtech, and Healthtech meet
- matt imhof
- Oct 2, 2024
- 3 min read
Updated: Oct 7, 2024
Being a pre-business student at BYU is a challenge in itself, but adding a 40-hour work week at Venteur into the mix has pushed me to new limits, both mentally and physically. That being said, I wouldn't have it any other way. I am on a pursuit of both knowledge and experience, I can have fun on the weekends.
My Daily Bread
Currently, Venteur is investing heavily into their East Coast presence and brand recognition. This is very convenient for me! I get to start my workday at 7 AM, and around 2 PM, I shift gears and head straight to class which runs until 7 PM. Once my academic day is done, I spend the rest of my evening buried in the library until nearly midnight. This is my joy for 5 days per week! This feeds my zeal for both knowledge and experience.
Immersed
At Venteur, my primary role is in business development, which is about much more than just making deals. I meet with companies looking to enhance their health insurance benefits, often engaging in discussions with large customers and executives. Frequently, I see a CEO, CFO, COO, and HR department all work together in collaboration with the needs of the a company's bank account and employee health in mind. My role also involves closely collaborating with our product team, where I do my best to provide feedback and advocate for product updates based on customer needs and my own observations. One of the most valuable aspects of my role has been the opportunity to learn from our Growth lead, Nikhil, and GTM lead, Sunny. They are brilliant! I am grateful that we have such a small (but growing!) team -- this allows me to see how many different processes work, hands on.
A Lesson in Adaptability
One of the greatest lessons I've learned over the past 10 months is the value of adaptability. In the early days at Venteur, I relied on scripts to navigate meetings with prospective clients. This caused me great stress, as my biggest fear was to misspeak! Or, even worse, what if a customer asked a question that I didn't have a script ready for? How unprofessional. However, at around the three week mark, I started to move beyond those scripts. I began to understand the depth and beauty of the healthcare world. We’re dealing with life-saving technology, and that realization made me care much more—about our product, our customers, and the entire health tech industry.
Seeing Beyond the Present
Working closely with pre-seed companies has been an eye-opener. Each day, I meet with companies that are in their infancy—some not even raising capital yet (or planning to at all). While these companies face obvious challenges, I often see potential in their scalability that even the founders haven’t recognized yet. Unfortunately, many of these startups lack the funding to fully realize their potential, which is where my passion for venture capital comes in.
It's worth noting, though, if I had $100,000 to invest, I’d put it into Venteur without hesitation. I see firsthand the impact we’re making in health tech, and I believe we’re just getting started.
What’s Next?
Looking ahead, I see myself transitioning at some point into venture capital, where I can help early-stage startups find their footing and scale their ideas into successful businesses. If that road leads me back to Venteur with a post-graduation full-time role, I'd love that. The versatility I’ve developed at Venteur—learning everything from growth strategy to product feedback—will undoubtedly serve me well in the VC space.
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