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.
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:
Financial Model Updates and Ongoing Maintenance
airCFO’s financial model provides clients with a comprehensive operational model that helps measure company performance against targets and understand the levers driving that performance so you can make better strategic decisions
Budgeting and Scenario Planning
airCFO will craft a realistic budget that will improve your startup’s performance and help build good habits that pay dividends as you scale
Revenue Operations
airCFO’s Revenue Operations offering gives management visibility into the composition of the sales pipeline and helps avoid surprises. We can also help create a seamless invoice-to-collect process, shortening the cash collection cycle and improving your cash burn
Vendor Management
Our team will manage your vendor spend, including negotiating with vendors to ensure your company is controlling spend effectively and receiving the best deal possible
Board Reporting and Investor Relations
airCFO’s Board & Investor Relations service helps you put your best foot forward with investors and ensures that your quarterly Board meetings run smoothly & effectively
Cap Table Management
Maintaining an accurate cap table can prevent countless headaches and save you thousands in legal fees. airCFO can help make sure your records in Carta remain accurate as your cap table changes
Advanced Reporting
Leverage our team to build and maintain custom or advanced reports to help give you the view you need to analyze your financial or operational data
Transaction Advisory
airCFO’s experienced finance professionals provide independent advice on debt and equity financing transactions, leveraging deep knowledge of the startup finance landscape and strategic conversations had around the state of your business
Advanced Metric Tracking
airCFO helps startups hone in on the metrics that matter, set up a system for collecting the raw data, and monitor performance over time
Dedicated Point of Contact for Advisory and Decision Support
End-of-Month "Flash Report"
Detailed Month-End Analysis
Something you don't see? Let us know, we often scope out ad hoc projects for our clients!
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:
"Without airCFO, we would have had a lot of difficulties in scaling up as our business became more complex. AirCFO was able to grow alongside us and deliver on its valued proposition consistently."
-John Kobs, CEO and Co-Founder, Apartment List
"At the beginning of a startup and for a very long time, if there's a lot of work but not enough to hire a full-time finance person, it usually falls on the CEO to do that work. That takes away from the mind space to grow the business which is supposed to be the CEO's main workflow. By using a fractional finance service, specifically airCFO, I was able to free a lot of mental space to go focus on growing the team and product."
Why airCFO?
Utilize our expertise
Let us handle the nuances of GAAP accounting and all the software that comes with managing a company's financial functions
Impress investors
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
Optimize cash
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
US-Based C-Corp
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.
Let's chat!
Schedule Your Discovery Call Today
We're looking forward to hearing more about your company!
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FAQs
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, Fractional CFO Services, People Operations, and/or Tax).
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.
How Scoot Science Utilized airCFO's Services to Propel Them Through Multiple Funding Rounds
We recently interviewed Jonathan Lariviere, CEO of Scoot Science. Scoot is a team of oceanographers, data scientists, and agro-economists that help marine operators manage ocean risk and ocean uncertainty. They focus on understanding extreme ocean events or “underwater weather” and events that affect the day-to-day operations of groups that carry out their business on the ocean.
Accounting, People Operations, Fractional CFO, and Tax Services for Startups
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