Job Title: Entrepreneur In Residence (EIR) - Future CEO of B2B SaaS Portfolio Company

Location: Toronto, ON (In-Office)

Reports To: Managing Partner

Type: Full Time / Permanent

Travel: Up to 30%

We are currently seeking a motivated Entrepreneur-in-Residence (EIR) who will transition into the CEO role for our next SaaS company acquisition. We are looking for an experienced leader who is highly driven to become a CEO. The EIR will first partner with our Investment Team during the deal sourcing and diligence phase, with the intent to take on the CEO role of a SaaS business post-acquisition. This is an opportunity to own the P&L of a well-positioned business and drive a growth journey, with the support of a committed investment partner. We invest in expansion-stage SaaS businesses with up to $20M of revenue, principally located in North America. This is a full-time opportunity. We are looking for someone to commit full-time and exclusively to this position.

About Us

Klass Capital is a growth-oriented private equity firm focused on acquiring and scaling high quality enterprise software businesses (B2B SaaS). We're long-term, patient investors and aim to add value to our portfolio partners. Our mission is to create long-term value by pairing capital with exceptional operational leadership. We have ample committed capital and the flexibility to hold our investments for a longer time horizon than traditional funds. Klass is backed by a large U.S. institutional investor and high net worth individuals. For more information on Klass and our investments, please visit www.klass.com.

About the Role

The EIR will work closely with our investment team to evaluate acquisition opportunities, develop post-close value creation plans, and ultimately step into the CEO role of an acquired SaaS business. This is a unique opportunity for an operator with leadership experience to take ownership of a business and drive its growth under the strategic guidance and backing of our firm.

Responsibilities

Pre-Acquisition:

• Deal Sourcing & Evaluation - collaborate with the investment team to assess and diligence SaaS acquisition targets. Evaluate target companies' presentations and investment materials.
• Contribute to investment theses by providing operational insight and identifying value creation levers.
• Participate in management meetings, customer interviews, and technology assessments.
• Assist in drafting integration plans, operating models and growth plans as part of the acquisition process.

Post-Acquisition (as CEO):

• Assume day-to-day leadership of the acquired company, typically within 30 days post-close.
• Drive execution of strategic and operational initiatives to accelerate growth, grow revenues, improve retention, and increase EBITDA.
• Build, lead and retain high-performing teams, foster a strong company culture, and set a clear organizational vision.
• Professionalize systems, processes, and reporting.
• Partner closely with the Board and our firm on reporting, capital allocation, and strategic priorities.
• Lead product strategy and go-to-market initiatives.

Requirements

• SaaS Operator: 5+ years of leadership experience within B2B SaaS companies as a CEO, Founder, GM, or COO (preferably a VC or Private Equity-backed company) OR
• Growth Leader: Proven success scaling a SaaS business, driving revenue growth and leading cross functional teams as a CRO, GTM Executive, Product or Technology Leader OR
• Intrapreneurial Experience: Prior experience leading a business unit or line of business with full ownership of a P&L within a larger organization (ie. GM)
• Strategic & Tactical: Able to zoom out to think big picture, while diving into details when needed
• Data-Informed: Strong command of SaaS metrics, recurring revenue models, customer success, and operational KPIs and metrics
• Builder Mentality: Comfortable leading through ambiguity, executing rapidly, acting with urgency, creating structure in underdeveloped environments
• Culture Fit: humble, hardworking, respectful, can obtain customer trust, low-ego, high-impact and hands-on leadership style
• Strong communication skills and proven leadership skills
• Experience hiring, coaching, and leading teams
• Demonstrated success managing a P&L, go-to-marketing planning and financial modeling
• Versatile across business functions such as sales, product, marketing, and operations, with depth in at least one
• Highly self-motivated
• Collaborative individual who can work with cross-functional teams and with multiple levels and types of stakeholders, including Board Members, Investors, Executives, Employees, Customers, Partners, etc.
• Entrepreneurial mindset combined with desire to be successful in a team culture

What We Offer

• A clear and accelerated path to CEO of a high-growth SaaS company
• Competitive compensation during EIR phase and meaningful equity and performance-based incentives post-close
• Operational and strategic support from an experienced private equity team
• Opportunity to lead a well-capitalized, growth-focused business with long-term backing

Klass is committed to a diverse and inclusive workplace. Klass is an equal opportunity employer committed to a barrier-free recruitment and selection process. We believe that getting to the best outcomes requires diverse perspectives and backgrounds. We encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. Klass provides an accessible candidate experience. If you require any accommodations or adjustments throughout the recruitment/interview process and beyond, please let us know.