Job description
Parallel Squared Technology Institute (PTI) is a non-profit research institute aiming to catalyze a leap in protein analysis technology and use it to explore new biological frontiers. PTI supports open research and educational opportunities supporting rapid career development for scientists, engineers, and mathematicians.
Why? Protein dysfunctions directly cause many diseases, such as Alzheimer’s disease. Yet, proteins remain understudied because of technological hurdles.
How? To resolve these limitations, PTI will develop mass tags enabling a new framework for multiplexed protein analysis by mass spectrometry towards achieving 100-fold increase in throughput. Scientists at and collaborating with the institute will use these gains to directly investigate disease mechanisms and resolve problems that have proven intractable for decades. Our proof of principle technology and strategies are outlined at: parallelsq.org.
New career opportunities
Members of PTI will be supported with industry-level resources to lead research projects and disseminate their discoveries and innovations to the broader biomedical community through frequent publications, presentations, and submissions to public data portals.
Summary of Position
We are looking for an exceptional fundraising and business development lead who will spearhead efforts to grow and diversify the organization’s funding base.
This role will oversee the development of a robust and sustainable pipeline of philanthropic, corporate, and institutional partners. The Head of Development will shape cultivation strategies, manage high-level relationships, oversee grant processes, and ensure the smooth execution of development operations to ensure PTI’s long-term growth and impact. To be successful in this position, this person will need a professional background in biotech or biomedical focused organizations. We are open to remote, hybrid, or in-person work. In order to be seriously considered for this position, we require a cover letter as part of the candidate’s application.
Responsibilities:
- Collaborate with leadership to design and execute engagement strategies for new business opportunities as well as major donors, corporate partners, and institutional funders.
- Identify and cultivate relationships with high-net-worth individuals, foundations, corporations, and government programs aligned with PTI’s mission.
- Build and manage a dynamic, evergreen pipeline of prospects and partners, balancing short-term opportunities with long-term relationship-building.
- Develop prospect strategies and briefing materials for leadership, ensuring readiness for high-level donor and partner engagement.
- Ensure compliance with funder requirements and coordinate deliverables across internal teams.
- Manage timelines, reporting calendars, and stakeholder updates to ensure deadlines are consistently met.
- Optimize internal fundraising and business operations and workflows, ensuring clarity, efficiency, and scalability.
- Other duties as assigned.
Qualifications:
- A minimum of 7-10 years of experience in institutional fundraising, preferably within a biotech or biomedical environment.
- Proven track record of successfully securing principal grants and gifts ($5M-plus) in support of top organizational priorities.
- Strong strategic planning and project management skills, with the ability to prioritize initiatives, allocate resources effectively, and drive results in a complex and highly dynamic environment.
- Effective communication and interpersonal skills, with the ability to engage and inspire diverse stakeholders, including donors, FRO leaders, and administrators.
- Bachelor’s degree required; advanced degree preferred.
Preferred Qualifications:
- Experience in a research, technology, or science-driven nonprofit or startup environment.
- Familiarity with venture philanthropy, public-private partnerships, or industry collaboration models for scaling biotech or biomedical organizations.
- Demonstrated success in fundraising at the seven- or eight-figure level.
- Demonstrated success in business development in nonprofit or startup environments to sustainably scale organization, preferably within biotech or biomedical contexts.
We offer:
- An opportunity to change the world and work with some of the smartest and the most talented experts from different fields.
- Excellent medical, dental, and vision insurance with many $0 premium options for you and your family with several national and regional providers. Most employees have more than 20 plan options to choose from.
- Company-paid group life, AD&D, long- and short-term disability insurance
- 15 days PTO + 10 sick days per year
- 18 company holidays + your birthday off
- $5,000 per year educational reimbursement
- Up to 16 weeks paid parental leave
We aim to help fill a structural gap in today’s R&D system. We enable fundamental research that requires unusual levels of scale and coordination yet is not rapidly monetizable by industry. We’re bringing together top talent from academia, industry, and startups to build a new model for innovative R&D. As an incubator within the Schmidt Futures Network, we identify high-impact scientific or technical research and development opportunities, ultimately defining and launching these projects as Focused Research Organizations.
We are an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. We do not make hiring or employment decisions on the basis of race, color, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender-identity, sexual orientation, disability, age, military or veteran status, or any other characteristic protected by applicable local, state, or federal law or company policy. We strive for a healthy and safe workplace and strictly prohibit harassment of any kind.
