Mikhail Karmali

ONT Investment Associate

2024

o Front Row Ventures is Canada's leading university-focused and student-operated VC firm with a presence on 20+ university campuses across Canada. o We are early-stage and industry-agnostic investors. We back high impact student entrepreneurs with diverse backgrounds and ambitious technology-enabled ideas, regardless of their field of work. o Over the past 5 years, we have invested in over 30 companies including, Puzzle Medical Devices, Nomic Bio, and Valence Discovery. Combined, our portfolio has gone on to raise over $100 million in follow-on funding with top tier investors.

Club President

2023

Current President of Laurier's Private Capital Club looking to engage students into the world of Venture Capital, Private Equity, and Private Credit.

Private Equity Analyst

2023 - 2024

Currently contributing to deal sourcing and evaluation efforts, leveraging a keen analytical mindset to identify potential investment targets aligned with strategic themes. Actively participate in live investment opportunity evaluations, conducting thorough due diligence encompassing financial analysis, industry trends, and competitive landscapes.

Venture Investment Strategy Analyst

2023 - 2023

• Built out a series of investment theses for the HealthTech, EdTech, PropTech, and B2B SaaS portfolios to help inform investment decisions, capital allocation, and drive venture portfolio growth through corporate M&A or equity investment • Developed financial models to valuate post-IPO acquisition opportunities and monitor annual progress of portfolio companies • Worked alongside members of the Fund of Fund and Direct Investment capital team to model and evaluate fund investments based on IRR, TVPI, & MOIC metric analysis to provide insightful recommendations for RBC’s potential LP investments • Designed and executed industry analysis to map product offerings and emerging consumer segments to internal investment themes for C-suite bank executives looking to tap into the “beyond-banking” needs of both new and existing RBC clients

Junior Venture Capital Analyst

2022 - 2022

~$15M investment into Resilia’s $35M Series B a SaaS-enabled support platform to support and optimize nonprofits (Closed) o Helped to construct a 5-year MRR schedule, alongside a high-level financial model detailing unit economics to produce a series of slide decks outlining key takeaways for the internal investment committee and management team o Forecasted operational and payroll expenses to highlight current organizational gaps and revaluate hiring plans o Synthesized market sizing and acquisition channels to produce a report outlining the path to $100M ARR $9M Series A investment into Brizo Data’s AI-backed foodservice analytics SaaS platform serving the CPG industry (Closed) o Spearheaded comparable transaction diligence to build valuation and exit benchmarks in private/public markets o Led a team to evaluate go-to-market strategies that mitigated market saturation and secured product differentiation o Consulted internal revenue teams to help propose go-to-market strategies to mitigate market saturation risks

VP of Marketing

2021 - 2022

Supervises the Business Technology Laurier's marketing portfolio on a variety of platforms including Instagram, Facebook, and LinkedIn. Manages a team of individuals to manage accounts and develop high quality content through graphic and video design softwares.

Business Strategy Consultant

2021 - 2021

As a Business Strategy Consultant my role is to conduct market research into new opportunities, changing price points, and competitor activity while also gathering data and improving our social media presence.

Small Business Owner

2020 - 2021