Project Finance Lead, Glydways
$140-200k
+ Stock options
Autonomous electric transportation
Be an early applicant
Autonomous electric transportation
101-200 employees
Be an early applicant
$140-200k
+ Stock options
101-200 employees
Company mission
To provide a 24/7 mobility service solution that is environmentally net-negative in terms of greenhouse gas production (GHG), and, inherently profitable.
Role
Who you are
- We’re hiring a project finance lead who has worked as a developer or investor and wants to apply that experience to bring high-impact autonomous transit systems to fruition
- If you’ve spent a few years pursuing transit, toll roads, or energy infrastructure and want to work on category defining technology, this role is for you
- 3–10+ years in P3 / PPP project finance at a developer or infrastructure fund owning deal success
- Experience with project bid cycles, RFP responses, financial modeling, and deal execution
- Advanced Excel modeling (project finance models, not corporate FP&A)
- Strong grasp of:
- Capital structures (senior debt, mezz/subordinated, equity)
- SPV / HoldCo project structures
- Rating agency methodologies
- Concession structures and risk allocation
- Clear communicator who can simplify complexity
Desirable
- Transportation, mobility, energy, or large civil infrastructure experience
- Experience closing complex or first of kind projects
What the job involves
- You’ll play a key role in delivering the first scalable autonomous transit systems in the world and you’ll own project economics, modeling, and financing execution from project qualification through close. This is a high impact role with ownership across U.S. and international projects
- Build and own full project finance models: DCFs, fee structures, OpEx/CapEx cases, debt sizing, DSCR, IRR waterfalls, and sensitivities
- Turn design, construction, and operations inputs into clear commercial decisions
- Own the development and application financing and tax strategies to maximize project viability in diverse markets
- Develop pricing and bid strategy with commercial and executive leadership
- Run the finance workstream for RFQs, RFPs, negotiated procurements, and unsolicited proposals
- Draft financial content for submissions, investment committee papers, rating agency packages, and credit briefs
- Work directly with infrastructure investors, rating agencies, lenders, and public advisors
- Support negotiations on term sheets, capital structure, and risk allocation
- Prepare materials that stand up to diligence and drive alignment across parties
- Drive our partners financial outputs and contributions to implement and/or protect Glydways project and corporate interests
- Partner with engineering, construction, product and operations to align scope, design, and risk with financial outcomes
- Work closely with Legal on HoldCo/ProjectCo structures, cross-border flows, and concession terms
- Bring structured PPP discipline to a fast paced startup environment
Our take
Although more than 4000 cities across the globe meet the threshold for necessary urban mass transit systems, under 5% of them have the capacity to make it a reality. Glydways' autonomous electricity-powered transport systems could provide a cost-effective and environmentally friendly alternative for the 95% without rail or transport systems.
Glydways' Personal Rapid Transit systems consist of battery-operated electric vehicles called Glydcars that travel on dedicated rights of way. These “roads” can be built above ground level or through tunnels, and can integrate with other forms of public transport already existing within the city or town.
Whilst the addition of Glydcars' infrastructure raises questions about additional costs, the company’s mass transit solution has nonetheless attracted positive attention and serious investment from the likes of Bill Gates' venture fund, Gates Frontier. Its Series C round of funding was followed by news that Glydway is involved in over 100 different mass transit projects, with a world tour of its vehicles taking place through 2025.
Kirsty
Company Specialist at Welcome to the Jungle
Company
Funding (2 rounds)
May 2024
$20m
SERIES B
Oct 2023
$56m
SERIES B
Total funding: $76m
Company HQ
Downtown, South San Francisco, CA
Leadership
Mark Seeger
(Co-Founder & Co-CEO)Previously Director of Digital Innovation at Ogilvy. Founded M Jeans and GreenIdea, and was a Product Design Engineer at Apple.
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