Full-Time

Senior Manager Business Development

Updated on 4/17/2024

Brightseed

Brightseed

51-200 employees

AI-driven discovery of bioactive compounds

AI & Machine Learning

Compensation Overview

$170,000 - $185,000Annually

+ Commission

Senior, Expert

San Bruno, CA, USA

Required Skills
Sales
Communications
Requirements
  • Minimum of 8-12 years of related experience with a Bachelor's degree, or 6-8 years and a Master's degree, or a PhD with 3-5 years experience
  • Experience in business development, product development, strategy, or sales within biopharma, consumer health, or CPG/nutrition
  • Experience partnering with technical sales to effectively present to technical and non-technical audiences
  • Experience with complex deal structuring, involving value sharing terms, IP use, and milestone payments
  • Track record of scoping, structuring, and managing deals as well as strategic account management at VP or CXO levels
  • Experience managing a sales pipeline with a history of meeting or exceeding sales goals
  • Ability to work well with intense timelines and ambiguity in a highly technical field
  • Experience working closely with research functions, with demonstrable ability to translate scientific data and results into relevant commercial insights
  • Strong interpersonal, influence, communication, and presentation skills to represent Brightseed’s value proposition and mission
Responsibilities
  • Scope, negotiate, and close groundbreaking and industry-disrupting deals in the consumer health, OTC, nutrition, and Rx space
  • Identify and qualify new potential partners leveraging existing network as well as expanding beyond through proactive outreach
  • Lead a portfolio of R&D collaborations and deliver program success while developing and maintaining relationships with key partner stakeholders
  • Pursue opportunities for the expansion of Brightseed services and technologies for new and existing partner collaborations by understanding the drivers of partners’ business, and proactively identifying opportunities to expand and deepen collaborations
  • Work with the Brightseed product and technology teams to develop new products and service offerings based on industry insights and market intelligence
  • Develop standardized sales processes and materials to be used in prospecting meetings and for existing partners

Brightseed utilizes their proprietary A.I. platform, Forager®, to identify bioactive compounds in nature and their health benefits, partnering with organizations to offer insights into bioactives and produce branded, proprietary bioactives for incorporation into health beneficial consumer products. Forager® has already mapped 4 million plant compounds and identified 30,000 predicted bioactives targeting 18 health territories, accelerating discovery and validation from years to months.

Company Stage

Series B

Total Funding

$120.8M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-13%

2 year growth

33%

Benefits

Hybrid work flexibility

Medical, dental, & vision

Unlimited PTO

Life insurance

EAP

401(k) plan

Mental health platform

Employee discounts

Cell phone & commuter costs

Parental leave