avarma

co-founder/ceo @withmantle, formerly co-founder: Autonomic #Au, GM mobile @pivotal, Hatch Labs (@Tinder parent co), @xtremelabs and @extremevp

[Mantle @withmantle]

The secondaries market is one of the most misunderstood corners of private markets.

Last week, our CEO @avarma and panelists from @sydecario, @CrowdStreet, and CAIS tried to change that at the Private Wealth Infrastructure Summit.

Good conversations start with honest ones 🙌

[Mantle @withmantle]

A peek into from our AI Demo Showcase: Fintech Agents event for @TOtechweek 📸

[avarma @avarma]

The private market finally has a mirror that doesn’t lie.

Reach out for access to the truth: https://t.co/7iehse0sOc

[avarma @avarma]

(1/4) For the last few years, one of the most common requests we’ve heard from investors using Mantle Portal is some version of the same question:

“How does our portfolio actually stack up?”

Not against a public index. Not against a broad industry report. Against a real, verified peer group.

This is Mantle Portal's Fund Explorer (@withmantle).

Thousands of funds, browsable by asset class, strategy, and geography. Every performance figure (TVPI, DPI, RVPI, IRR) is traceable back to the original GP document it came from.

Click any data point, and the source report opens directly in the platform.

That traceability is the foundation everything else sits on because benchmarking is only as credible as the data underneath it.

#MantlePortalBenchmarking #PrivateMarkets #AlternativeAssets #InstitutionalInvesting #PortfolioManagement #FundPerformance

[avarma @avarma]

(4/4) A standard benchmark is a starting point. It's rarely the right answer for a portfolio with a specific strategy mix or vintage concentration.

If you're benchmarking a portfolio that's 60% buyout, late 2019 to 2021 vintage, against a broad private equity index, you're introducing comparison drift that can distort everything downstream.

The Synthetic Index Builder lets you construct a custom index calibrated to your actual holdings, and run a forward-looking simulation: portfolio growth projections, distribution modeling, multiple scenario runs.

This is what it looks like when the benchmark actually fits the portfolio.

[avarma @avarma]

The private market finally has a mirror that doesn’t lie.

Reach out to access the truth: https://t.co/7iehse0sOc

@withmantle #MantlePortalBenchmarking #PrivateMarkets #AlternativeAssets #InstitutionalInvesting #PortfolioManagement #FundPerformance

[avarma @avarma]

“Top quartile”… according to a peer group they invented last week?

Almost every fund deck says it. Almost never means the same thing twice.

Here’s what’s always bothered me about private market benchmarking:

Fund managers are comparing themselves against something they can’t verify.

Top quartile vs. what peer group? What vintage?

It’s not benchmarking if you get to decide who’s in the benchmark.

Investors deserve better, so we built it.

[avarma @avarma]

Fund Explorer → A source-verified database covering thousands of funds. Click any metric and see the original source data.

Analytics → Filter by what you actually own (Vintage x Strategy x Asset x Geography)

Portfolio Benchmarking → Upload your holdings and get matched against thousands of observation points.

Synthetic Index Builder → Build custom benchmarks calibrated to your actual portfolio.

[Mantle @withmantle]

Some of the best conversations happen when you're moving.

That's how we kicked off @TOtechweek: coffee (or Bubly) in hand, great people, and fresh air.

Our AI Demo Showcase event is up next. Link below ⤵️

[avarma @avarma]

@fahdananta You must be able to show your work in the weekly demo sessions

[Mantle @withmantle]

Meet Mantle Copilot: the AI assistant for equity management 🚀

→ Sign up for early access at https://t.co/cdlaMRnran

[avarma @avarma]

Looking forward to being on stage next week with The Private Markets Forum. Reach out if you'll be in the city 👋

[Mantle @withmantle]

The most expensive finance mistakes for startups rarely look expensive at first.

They look like:

"We'll clean up the cap table later."
"ARR is growing, so we're good."
"The spreadsheet works for now."

@rebeccaskvorc (CFO at @odaiaAI) breaks them down on Mantle Mondays.

https://t.co/GQEkh1Dh2S

[Evan McCann @evansammccann]

For years, @avarma has been one of the most important people in Toronto tech without many outside the ecosystem fully understanding why.

He helped build Xtreme Labs. Autonomic sold to Ford. Xtreme’s story even brushes up against Tinder.

He has been described as “sort of the king of Toronto.” Others put it more bluntly: “What people don’t realize is that he was carrying Toronto and KW tech on his back.”

Now, with Mantle, he is building again.

My profile:

[avarma @avarma]

Welcome to @withmantle! 👏👏

[Mantle @withmantle]

And just like that, the office (and our Slack channels) got a whole lot more energetic! 👋

The Summer '26 Co-op cohort has officially arrived at Mantle. We're excited to have Adren, Campbell, Erin, Nathan, Ray, Smeet, Stanley, and Tony joining the ranks.

From engineering to operations, we can't wait to see the incredible things they'll accomplish over the coming months!

[Mantle @withmantle]

Success gives you the resources to pursue your purpose, but it doesn’t hand you the map.

Listen to the full conversation between @avarma and Chris Canavan on Mantle Mondays. Links below 👇

[avarma @avarma]

💥

[Mantle @withmantle]

Mantle Portal, meet Claude.

The Mantle Portal MCP bridges the structured portfolio intelligence Mantle builds from your investment documents with the AI tools your LP team already uses.

Ask questions. Get answers grounded in real portfolio data.

→ Book a demo or get early access at https://t.co/TehQzaqFgd

@claudeai

[Mantle @withmantle]

We're @ProductHunt's #1 Fintech Product of the Week! 🎉

Last week, we launched Mantle's free SAFE issuance and e-signing. Thanks to your support, we climbed to:

🥇 Fintech Product of the Week
🥉 SaaS Product of the Week

Thanks to everyone who showed up and helped support!