Simplify Logo
Interplay

Interplay

VC-backed startup formation, incubation, funding

Associate

Full-Time
$135k - $150k/yr
Junior, Mid
JD
New York, NY, USA
Remote

About the job

Requirements
  • A J.D. from a top law school is required.
  • Membership in the New York state bar is required.
  • At least two years of experience with a top national law firm or in-house with a technology company is required.
  • Strong project management, communication, and analytical skills are required.
  • The attorney must be able to work independently while remaining connected in a remote work environment.
Responsibilities
  • Serve as outside general counsel to early-stage and growth companies by triaging day-to-day legal questions, spotting issues, and delivering practical, business-minded guidance.
  • Form and structure new entities, draft founder documents, and set up capitalization tables using tools such as Carta.
  • Lead venture financings from pre-seed through Series B and later rounds, including drafting and negotiating SAFEs, convertible notes, NVCA equity rounds, term sheets, stock purchase agreements, investor rights, ROFR/Co-Sale, voting agreements, and ancillary closing deliverables.
  • Manage debt transactions for venture-backed companies, including reviewing term sheets, negotiating loan and security agreements, warrants, intercreditor and subordination arrangements, and coordinating perfection and filings.
  • Own closing execution by running diligence, building and tracking closing checklists, coordinating signatures, managing data rooms, and delivering clean, on-time closings.
  • Draft, review, and negotiate commercial contracts, including SaaS subscriptions, master services agreements, statements of work, data processing agreements, nondisclosure agreements, vendor agreements, and partnership agreements.
  • Advise on corporate governance and compliance, including board and stockholder consents, charter and bylaw updates, equity plan administration, Section 409A matters, insider matters, and ongoing minute-book maintenance.
  • Proactively manage projects and client communications across time zones in a largely remote-first environment.

About the company

Interplay is a venture firm that starts companies with great people, helps teams develop their business, and then invests in them. Its process is described as three core activities: COFOUND (starting companies with strong teams), INCUBATE (helping great teams grow their business), and INVEST (financing companies led by capable founders). The organization emphasizes a family-oriented approach, using services that power about 10% of all VC-backed companies. The leadership and operating partners span multiple roles across major U.S. locations, signaling a hands-on, operational, and talent-focused model. Its goal is to support entrepreneurs from formation through scale by combining cofounding, structured development, and investment under one umbrella, differentiating itself with its focus on a broad, hands-on “family” network and service platform that fuels a large portion of the VC-backed ecosystem.

Company Size

11-50

Company Stage

N/A

Total Funding

$873M

Headquarters

New York City, New York

Founded

2012

Get referred to Interplay

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Ollie was acquired by Agrolimen on February 11, 2026, validating the portfolio.
  • Q1 2026 showed several Fund II and Fund III companies turning profitable or cash-flow positive.
  • Fund IV added Surround Sound in Q1 2026, showing continued deal flow.

What critics are saying

  • Q1 2026 closed no new or follow-on Fund II or Fund III investments.
  • Interplay's $45 million Fund III remains small; one bad mark dents performance.
  • If 2026 exits stall after Ollie, Fund V fundraising collapses.

What makes Interplay unique

  • Interplay keeps the same general partners across vintages, reducing key-person drift.
  • It specializes in B2B marketplaces and vertical software, backed by Fund III since 2023.
  • Its studio-plus-venture model combines cofounding, incubation, and investing under one platform.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Hybrid Work Options

Company News

Law.com
Sep 16th, 2026
‘AI Native’ Immigration Law Firm Alma Announces $17M in Series A Funding | Law.com

Co-founded by a former Cooley associate, the firm looks to streamline employment visa distribution and international hiring.

Antlers American
Feb 20th, 2026
Pepper raises $50M Series C to expand AI platform for independent food distributors

Pepper, a technology platform for independent food distributors, has raised $50 million in Series C funding led by Lead Edge Capital. Existing investors ICONIQ, Index Ventures, Greylock, Harmony Partners and Interplay participated. The company provides AI-enabled software for ordering, sales, marketing, accounts receivable and payments workflows. Pepper serves over 500 distributors representing approximately $30 billion in annual gross merchandise volume and supports more than 100,000 active operators. Independent distributors account for over two-thirds of North American food distribution, representing over $1.4 trillion in annual sales, yet many rely on manual systems. Pepper offers 70-plus ERP integrations linking legacy systems into a unified digital platform. The funding will support product expansion, including next-generation AI solutions, enhanced workflow modules, and broader technology stack integrations.

FinancialContent
Sep 17th, 2025
TeachMe.To Raises $3M for Growth

TeachMe.To, an in-person lesson marketplace, raised $3 million in seed+ funding led by Interplay, with participation from Bling Capital and 1984 Ventures. The funds will enhance technology and app development, including AI features. The platform has 5,000 instructors, 30,000 students, and nearly 100,000 lessons delivered. TeachMe.To offers lessons in various categories and is nearing profitability. The platform operates in over 250 U.S. cities with an average instructor rating of 4.9/5.

FinSMEs
May 13th, 2024
Plenty Raises $5M in Funding

Plenty, a San Francisco, CA-based provider of a wealth-building platform that helps couples invest and plan for their future, raised $5M in funding

Crowdfund Insider
May 9th, 2024
Wealthtech Plenty Raises $5 Million Seed Round | Crowdfund Insider

Plenty was co-founded by Emily Luk (formerly of Stripe) and Channing Allen (formerly of Homebase) out of personal need. Luk and Allen met while working