JMI Equity
2026 Summer Analyst
TLDR
The Summer Analyst program offers an 8-week immersive experience focused on sourcing and investment due diligence in the software growth equity sector.
About JMI
Founded in 1992, JMI Equity is a premier growth equity firm focused on investing in leading software and AI-driven businesses. For more than three decades, JMI has partnered with founder-owners and management teams across market cycles to accelerate growth and build their companies into industry leaders. With offices in San Diego, Washington, D.C., and Baltimore, JMI has invested in nearly 200 businesses in its target markets. As of October 2025, the firm’s portfolio represents approximately $10 billion in combined revenue, $85 billion in aggregate enterprise value, and 40,000 jobs. To learn more, visit www.jmi.com.
INVESTMENT STRATEGY
JMI is an active investor. Our portfolio companies have distinguished themselves with proven business models and we partner with management teams to build industry leaders. We take seats on the boards of our portfolio companies and assist with strategic planning, executive recruiting, capital allocation, acquisitions, and liquidity options. Typical JMI investments range from $40 million to $400 million.
We are committed to helping our companies succeed and have invested successfully at all stages in the business lifecycle. We provide capital for growth, recapitalizations, acquisitions, and buyouts.
TEAM
JMI’s investment team currently consists of 40+ investment professionals located in the greater DC area and San Diego. In addition, JMI has an Operating Team that works closely with the investment teams and management teams to drive operational best practices at our portfolio companies.
OPPORTUNITY
Position: 2026 Summer Analyst
Location: San Diego, CA / Washington D.C.
2026 SUMMER ANALYST PROGRAM GOALS
The JMI Summer Analyst program is an immersive 8-week experience designed to build the skillset of a software growth equity investor, with an emphasis on sourcing. Summer Analysts will also have exposure to deal due diligence and portfolio company operations. Top performers will have an opportunity to join JMI in a full-time analyst capacity after graduation.
Summer Analysts will focus on and learn the following concepts:
· Investment framework for growth software businesses
· Fundamentals of sourcing, including:
- Identifying JMI investment opportunities
- Tactics for breaking into companies
- Deal creation with entrepreneurs and CEOs
· Strategic applications of sourcing:
- Company, product, market, and financial due diligence
- Market mapping and coverage
- Industry-focused conferences
- Broader thematic research and thesis-building
· Financial Diligence
- Data packs
- Mini- model
JMI’s work ebbs and flows, and no two days look the same. The same will be true for a Summer Analyst. The program begins with a two-week onboarding and training period, designed to provide a strong foundation in concepts and skills critical to the analyst role. Following training, Summer Analysts will complete two focused “sprint” assignments in specific markets. Each sprint culminates in a presentation of a new potential investment opportunity, where Summer Analysts will outline the business, market dynamics, investment thesis, and key risks. Intro to Growth Equity, Software, and JMI.
Training topics include:
· Introduction to Growth Equity, Software, and JMI
· Sourcing Engine, Prospecting, and Thematic Sourcing
· Diligence Frameworks, Market Work, and Portfolio Review
· Financial Diligence
· Data Packs and SaaS Analytics
· Basic Finance and Transaction Topics
· Introduction to Modeling and Portfolio Value Creation
· Returns and Exits
Ideal qualifications include:
· Entering senior year at the time of internship (Class of 2027)
· Experience or interest in the software and tech space
· Ability to build and maintain relationships; enjoy building a network of contacts
· A balanced ego and desire to join a highly collaborative, team-oriented investment team
· Exceptional academic achievement; tracking to an undergraduate degree from a top academic institution
· Strong written and oral communication skills
· Self-starter with the ability to operate effectively with limited supervision; strong organizational skills
· Highly collaborative team player; likes winning as a team
· Willing to relocate for the summer
Compensation
It is expected that the annualized base pay range for this role will be $100,000 for the term of the summer program.
For more information, please contact Kitty Glick at (410) 951-0221 | kglick@jmi.com
JMI Equity believes in diversity and is committed to fostering and preserving a culture of diversity and inclusion, both internally and at our portfolio companies. JMI seeks to continue building a team comprised of talented individuals with a diverse mix of expertise, experience, skills, and backgrounds. All qualified applicants will receive consideration of employment without regard to race, sex, color, religion, national origin, protected veteran status, disability, or any other classification prohibited by applicable law.
DISCLAIMER: With an uptick in fraudulent activity regarding fake job offers, we wanted to make candidates aware of the JMI candidate experience. All candidates in the JMI interview process will be contacted by JMI employees (listed on our website) using @jmi.com email addresses. Interviews will be conducted by multiple team members, including our talent team, and will be in-person onsite (or via video) - never via chat.
To protect yourself from fraudulent activity, please be reminded that JMI will never ask candidates for bank account information, money, personal identification numbers, or to purchase computer equipment during the interview or hiring process. If you suspect fraud, notify us at compliance@jmi.com and report it to https://consumer.ftc.gov/articles/job-scams#report.
JMI Equity is a growth equity firm that specializes in investing in software and AI-driven businesses. We partner with founder-owners and management teams to accelerate their growth, helping to transform promising companies into industry leaders. With a strong track record and a diverse portfolio, we focus on delivering value in our target markets.