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Cory Azzalino, Finance Expert in Los Angeles, CA, United States
Cory Azzalino

Finance Expert in Los Angeles, CA, United States

Member since January 31, 2017
Cory is a CPA with over a decade of experience in accounting and private equity, where he invested over $1 billion across 20+ transactions as well as raising $20 million on behalf of startups. He left private equity to start a venture-backed IoT company while freelancing for family offices, private equity funds, and public companies. He's worked in various fields such as business and tech development, capital raising, and transaction execution.
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Career Highlights

Education

Select Certifications

Industry Expertise

  • Finance
  • Venture Capital & Private Equity
  • Manufacturing
  • Aerospace & Defense
  • Security Software
  • eCommerce
  • Financial Modeling
  • Project Management

Software Expertise

Other Expertise

Employment

  • Senior Vice President, Finance

    2020 - PRESENT
    Eaze
    • Raised $90 million in Series D funding from current and new investors.
    • Built a financial forecast model used for budgeting and capital raising.
    • Created a pitch deck for investor presentations and closed Series D.
    Focus areas: Pitch Decks, Forecasting, Budgeting, Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A), Capital Raising

  • CEO

    2013 - PRESENT
    Rally Networks
    • Established and executed a company strategy for technology development, manufacturing, operations, hiring, and sales.
    • Hired and managed seven employees, including mechanical and electrical engineers, software programmers, and a sales team.
    • Prepared investment material, negotiated term sheets, and closed a $750,000 seed round from investors including Techstars, Liberty Global, Virgin Media, and Tomorrow Lab.
    • Signed critical business development partnerships with customers managing over 8,000 retail locations and established relationships with seven mobile app companies leading to over $250,000 in contracts.
    Focus areas: Financial Reporting, Financial Modeling, Project Management, Venture Funding, Angel/Seed Funding, Fundraising, Financial Planning & Analysis (FP&A)

  • CEO and Interim CFO

    2017 - 2020
    DionyMed Brands, Inc.
    • Raised over $100 million in seed, Series A, Series B capital, and a go-public transaction.
    • Closed four acquisitions totaling more than $45 million in the purchase price.
    • Scaled a team to more than 425 people prior to exiting via an acquisition.
    • Built financial and projection models to manage the cash flow.
    Focus areas: Financial Modeling, Capital Raising, Mergers & Acquisitions (M&A)

  • Director of Corporate Development

    2014 - 2017
    JH Capital
    • Led the diligence and investment research on seven early-stage and growth opportunities across several verticals, including technology, business services, specialty finance, manufacturing, cybersecurity, and aerospace.
    • Created the business case for a debt settlement and consumer lending company that led to an increase in revenue from $3.7 million in 2014 to $10.2 million in 2015 and $23 million in 2016.
    • Developed a critical operating model and investment material to secure $100 million in credit facilities for the continued expansion of lending and purchasing activity.
    • Raised $75 million in equity investment from leading private equity firms.
    • Acted as a board observer.
    Focus areas: Equity Research, Debt Capital Markets, Financial Planning & Analysis (FP&A), Financial Benchmarking, Financial Modeling, Financial Reporting, Capital Raising, Capital Structure Analysis

  • Senior Financial Analyst

    2010 - 2014
    Prudential Capital Group
    • Worked as a member of a three-person investment team with one direct report that managed over $1.7 billion of senior debt, mezzanine and equity investments in fifteen portfolio companies; including three control equity investments.
    • Screened deals, performed extensive diligence, created LBO models, formulated investment theses, presented recommendations to the investment committee, and aided the structuring and negotiation of over $1 billion of investments across seventeen transactions.
    • Was awarded the highest-ranking classification (five out of five) among a 50+ person international analyst class each year.
    • Generated prospective deals by identifying potential investment targets, cold-calling to set up meetings, and presenting the financing capabilities to the senior management.
    • Reviewed and negotiated term sheets, examined closing documents, and completed over fifteen legal modifications.
    Focus areas: Growth Capital Raising, Capital Raising, Capital Structure Analysis, Equity Research, Private Credit, Financial Modeling

  • Audit Assistant

    2008 - 2009
    Deloitte
    • Received certified public accounting certification after only a year.
    • Audited public and private companies across several industries, including enterprise software, real estate, manufacturing, and engineering.
    • Developed financial models and detailed reports to analyze revenue and expenses line items.
    • Analyzed financial statements for inaccuracies and suggested changes before the release of public filings.
    • Created variance reports to statistically recognize material changes that were anomalous.
    Focus areas: Financial Planning & Analysis (FP&A), Financial Benchmarking, Financial Modeling, Financial Reporting

Education

  • Certified Public Accountant License in Accounting
    2008 - 2010
    CalCPA | California Society of Certified Public Accountants - Los Angeles, CA, USA
  • Bachelor's Degree in Accounting
    2004 - 2008
    University of Southern California - Los Angeles, CA, USA
  • Bachelor's Degree in Finance
    2004 - 2008
    University of Southern California - Los Angeles, CA, USA

Certifications

  • Certified Public Accountant (CPA)
    JANUARY 2009 - JANUARY 2012
    California Board of Accountancy

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