🧬 Let's accelerate medical innovation

At Power, we're making clinical trials easy to navigate for all patients.

Today, patients look to promising medical research when standard treatments have failed them. Unfortunately, there is no single source of truth that patients can understand and trust. The status quo is a government run website which is written in complex medical jargon that is impossible for most people to navigate.

At the same time, clinical trials are the bottleneck on medical innovation—new medicine takes almost 10 years to test and over 86% of all clinical trials are delayed because they can't find enough patients. This is one of the biggest problems facing the life science industry.

Power is the easiest way for patients to access promising new studies. We help more patients find treatments, and accelerate the discovery of novel medicine as we go.

🏹 The role

Power is reaching the point where our product really works. Given this, we’re looking for a high-agency generalist to help lead finance, analytics, and strategic projects across the business as we grow into the next phase of scale.

At a high level, this will require grokking the overall company strategy, owning our financial model and forecast, reporting on performance to the team and board, identifying strategic levers across GTM and product, then spearheading initiatives to capture those opportunities.

If we were to zoom in, you’ll likely spend time:

• Building the finance function. You’ll own our operating and financial model, forecasting, reporting, and planning.
• Using data to deliver insights. You’ll gather context through sql queries, build internal dashboards and pipelines, and help drive better decision making with data.
• Driving strategy across the P&L. You’ll identify the highest impact levers, be it in GTM, product, or operations and align the team around those opportunities.
• Enabling core GTM initiatives. You’ll own strategic projects across pricing, partnerships, and marketing to help accelerate our GTM team.

This role is based in San Francisco

🤔 Some of the problems we'll be working on

We don't believe in strict years of experience, but you’re likely a great fit if you’ve spent some time in finance (IB, PE, or growth stage investing) and then joined an early stage company (strategic finance, FP&A, analytics).

If these problems sound fun + familiar, you're probably well suited for this role:

1. Owning FP&A; building an operating and financial model to forecast the business
2. Defining core KPIs and using SQL to automate reporting progress monthly and quarterly
3. Setting up dashboards in Hex, Metabase, and Hubspot to monitor performance
4. Running analytics on production data to identify trends, challenges, and opportunities
5. Leading pricing and margin analysis for the GTM team
6. Using data to identify our highest priority customers we want to target

🔎 The product

Power is the most patient-friendly marketplace resource for clinical trials. We’re striving to build a tool that’s

• Comprehensive we make it easy to search across every trial in North America so patients never feel like they have blind spots
• Simple we apply a healthy amount of data engineering and empathy to the reams of unstructured medical data on clinical trials to simplify things for patients that are trying to evaluate potential trials
• Connected we help patients proactively reach out to the researchers directly and researchers love connecting with motivated patients

👋 The team

We're a team of experienced marketplace operators with backing from some of the best across health tech and pharma.

Check out our team page

✉️ If this sounds like your kind of adventure

We'd love to hear from you. Email brandon@withpower.com

In lieu of a cover letter, please film a loom video of a financial model you’ve built and walk us through the operating levers for the business.

❓ FAQ

What is the culture like at Power?

A few values stand out: urgency, selflessness, agency, obsession. We’re looking for owners, so we hope you’ll help us expand this list.

Where is this role located?

This role will be located in our SF office. Our San Francisco team is in office 4-5 days a week (Wednesdays are flexible).

We’ve budgeted for quarterly team off sites over the course of the next year, as we believe work is more fun when you have a deep personal relationship with your colleagues.

What are the requirements? Do I need certain years of experience, or a background in healthcare?

We have no 'formal' experience requirement, but think it's important that our earliest team members are highly autonomous.

Inversely, if you're at a point in your career where active mentorship is very important to you, this role likely isn't a fit for you.

How is the work life balance?

At the highest level: we trust team members to manage their own schedules and we believe that taking time off to recharge makes you more productive in the long run.

The truth about early stage companies and small teams is that everyone’s work makes a big difference on the company’s trajectory. We’re not afraid to work hard if it’s impactful.

Typically, we check out around 6pm to protect family time and then log-in later to finish anything that was left undone.

How are you funded?

Happy to share specifics but we've raised a large seed round from top investors. We've intentionally raised enough to comfortably get us through the messy 0 to 1 stage.

How does your interview process look?

3x Behaviour Interviews

1x Technical Interview

After which, we'd love to pay you to work with us for ~2 days, so you can get a sense of what it's like to work together.

How big is this market?

Clinical trial recruiting is $3B dollars annually. Total spend on clinical trial operations is $180B annually.

Diversity is a priority for our team. Historically, clinical research has been terrible about including diverse populations. This is problematic because the efficacy and safety of medicine may differ by age, sex, race, and ethnicity. As a result, we draw healthcare conclusions that don’t actually reflect the outcomes for various groups (source).

Power exists to empower all patients, and that starts with having a diverse team.