Fractional CFO Services for Startups
airCFO’s Fractional CFO Services enable clients to make quick and informed decisions in response to operating conditions. We provide in-depth analysis on areas of strength as well as potential red flags, and advise on the strategic decisions that pave the best path forward.
Our team has helped clients raise hundreds of millions in debt and equity capital and taken several companies from Seed to Exit. From acting as your partner to creating fundraising materials and prepping for board meetings, your airCFO financial advisor will be a critical resource from day one.
Trusted by founders at 130+ startups including:
How We Can Help
Partnering with the airCFO finance team enables you to avoid surprises, provide financial and strategic context and ensure that the company is on the right track. airCFO drives immediate value while helping form the long-term roadmap for the company.
Here are some ways we can help:
A Critical Resource from Day One
Choose the Right Financial Partner from the Get-Go
Every startup needs forward-looking financial guidance to help them make better decisions and craft a compelling pitch to investors. Imagine having access to insightful answers to your most pressing questions, such as:
Utilize our expertise
Let us handle the nuances of GAAP accounting and all the software that comes with managing a company's financial functions
Our team will perfect your financial model and help prepare the financial documents required to keep your current investors happy and/or raise your next round
Free up valuable time
Outsource repetitive non-strategic accounting, finance, and tax tasks to
focus on growing your business
Delay hiring an expensive full-time CFO or accounting resource/team until you really need them
Gain peace of mind
No longer worry about compliance or deadlines, leave that to us
You're a good fit for airCFO if...
You've Raised Venture Capital or Have Traction
Most of our clients have raised at least $1MM or are generating over $500k ARR.
Your Company is a
The majority of the companies we work with are Delaware C-Corp entities, or are planning on becoming one.
You Want a Professional, Integrated Solution
We work with clients on an ongoing basis and act as an extension of your team.
What some of our happy clients have to say
Founder and CEO, TruSTAR (acquired by Splunk)
Over the last four years, we've grown to 30+ employees and millions in revenue, and airCFO has scaled with us to provide our company's finance & accounting backbone. Their team is able to get the job done with limited guidance so that I can spend less time worrying about the numbers and more time building the business. They understand the highs and lows of early-stage startups, are able to give guidance based on their experiences working with similar companies, and have been instrumental in helping TruSTAR raise multiple rounds of venture funding. I'd recommend airCFO to any early-stage founder who needs a cost-effective solution for managing their startup's finance & accounting.
VP of Marketing and Operations, Weddington Way (acquired by Gap)
CEO and Founder, Freckle (acquired by Renaissance Learning)
As a growth stage startup, we needed to get a lot of our processes and reporting in order. For example, our budgeting process needed to move out of my plate and become much more detailed and sophisticated. Our invoicing and revenue recognition process needed significant updating. Our books needed to shift to GAAP basis.
We considered hiring a CFO full time, but airCFO was such a more efficient way to fill all our needs, with folks who are experts in each of those areas. In fact, given the number of SaaS and technology companies airCFO works with, they knew exactly what to do. Within a couple of months, airCFO had built a brilliant, sophisticated model, which leveraged the knowledge they have developed over time working with other companies.
What makes an ideal airCFO client?
airCFO is for fast-growing startups who want to maintain a best-in-class back-office as they scale. For those startups able and willing to invest in their back office, we’ll be the best match for price and total value.
airCFO is best suited for startups looking for a long-term partner and willing to hand over some level of ownership and responsibility for your company’s back office. We can build, manage and own from the simple to the complex; from bookkeeping to fractional-CFO duties.
An ideal client has a budget of at least $1000/mo and is willing to invest more in the finance function as the company scales. We support most of our clients from day one through exit.
How does it work?
Based on needs we identify, we will partner your startup with one or more dedicated team members in your area(s) of need (i.e. accounting, financial advisory, tax and soon-to-be People Operations/HR).
Our team will have regular defined duties (e.g. weekly, monthly or annually) and you will also be able to scale up our hours as needed for any projects that come up during the year.
We don’t require long-term contracts, and we won’t put you on proprietary systems or software.
How long does it take to get started?
This depends on how much clean-up work is involved. If there is no material cleanup, most clients are materially through onboarding and will have their first deliverable from airCFO within 30 days from our onboarding call.
If there is a material clean up project such as going backward and cleaning up prior years, we will need more information.
What does it cost?
Our clients have a budget of at least $1000/month for airCFO, and most of our clients fall somewhere between $1,000 and $3,000 per month.
What commitment is required?
We request that you're looking for a long-term accounting and financial services solution when considering airCFO. Most of our clients work with us for 2-3+ years until they outgrow an outsourced solution and need to hire an in-house team.