Venture Capital Internship

PledgeLA VC Fellowship

The PledgeLA Venture Capital Fellowship program prepares outstanding SoCal-based graduate students from underrepresented backgrounds for careers in venture capital investing. The program offers fellows:

  • 3 months of training in venture capital fundamentals including: VC Financial Modeling, Fund Structure & Economics, Sourcing, Funding Instruments & Cap Tables, and Investment Memos.
  • Hands-on experience in the due diligence and investment process
  • A full-time, 8-week summer internship at a Los Angeles venture capital firm with a stipend of $10K
  • Support with networking and career opportunities in the LA venture ecosystem


Mid February

Cohort Selected & Notified

Mid February
March 1 – May 31

Program Training Period

March 1 – May 31
March 1, April 12, May 31

In-Person Training Sessions (Half Days in Downtown LA)

March 1, April 12, May 31
March 15, March 29, April 5, April 26, May 10, May 17

Virtual Training Sessions (Fridays, 10AM to 12 PM)

March 15, March 29, April 5, April 26, May 10, May 17
June 17 – August 9

Summer Internship Placements

June 17 – August 9


Learn more about eligibility criteria and application information for our 2023 program below.

Ready to Apply? Submit an interest form below by January 19th, 2024 at 5 PM PST.

PledgeLA, in collaboration with HBCUvc, launched four years of LA’s first-ever Venture Capital Internship program.

This in-person program provided promising students from backgrounds not well-represented in VC with tailored training and a 10-week, full-time paid summer experiential learning internship with some of the top VC firms in Los Angeles from 2019-2022. 

PledgeLA Internship Alumni Highlights

Since 2019, PledgeLA has placed 60 interns at VC firms in LA. Of these, 53% are now working in VC or tech-related roles.

2019 – 2022 Host Firms


Frequently asked questions about the VC Internship experience:

Yes – fellows are paid a stipend of $10,000 by their firms for the 8-week, full-time summer internship.

Yes. Because fellows are employed by our partner firms, international students must have received final authorization to work in the U.S. prior to the start of the program in March 2024. Finalists will be asked to provide non-expired documents as proof of their eligibility to work in the U.S.

The spring 2024 training and the summer internship will take place in-person in Los Angeles. Fellows should plan to be based in the Los Angeles area for the duration of the program.

We are unable to provide additional funding to assist with transportation or housing expenses. Depending on their placement firm, some fellows may be permitted to work remotely or work a hybrid schedule that minimizes commuting.

No. While an interest in venture capital, startups, and supporting entrepreneurs is part of what we seek in candidates, no prior experience at a VC firm is required.

Most likely not. Unlike large internship programs at investment banks or consulting firms that hire cohorts of interns each fall, we are unable to guarantee that firms will hire for open roles after the program. However, many program alumni have leveraged this opportunity to advance their careers – securing roles at other venture firms, portfolio companies, and accelerators. Check out our alumni highlights above to see where our alums are now!

Requirements for Applicants

No prior experience in venture capital is required. Applicants should: have completed at least one year of college/community college before applying; be legally eligible to work in the U.S.; and be available for an in-person internship in Los Angeles in summer 2022.

This internship is intended for: 

  • Rising sophomores 
  • Juniors
  • Seniors
  • Recent college graduates (no more than 3 years after graduation)
  • Graduate students

As part of our mission to increase diversity, equity, and inclusion, we are intentional in our outreach to candidates who self-identify as a person of color, women, LGBTQIA, first-gen college students, persons with disabilities, and/or other underrepresented minorities.

For VC Firms:

Complete our interest form to learn more about the 2024 program and how to host a graduate fellow.