External CFO services

A senior CFO team to set your startup's financial direction

We professionalize the company’s finance
We provide strong financial leadership to our clients
We leverage our expertise by working with +100 startups
We work closely with the management team of our clients

We professionalize the company’s finance

How we work

CEOs and COOs of startups spend most part of their time on administrative and financial tasks. With our external CFO service we want you to invest your time in what you do best, your project

We understand

Our CFOs team take time to deeply understand the project, what are or will be the business lines and how the company is structured. In parallel, we gather all the necessary information to start contributing from the very beginning of the collaboration

We personalize

We adapt our services to solve the main problems of each startup we work with. We integrate ourselves as a member of the team to solve the specific needs of the project

We accompany

We build the financial model, including reporting until last month and forecasting focus on three different aspects: KPIs, to analyze the company’s performance; P&L to evaluate the financial health and cashflow to know how far we can go

Would you like to know more about our
external CFO services?

We provide financial expertise and strategic business support to high-growth technology companies. With our external CFO service we want to ensure the proper control and financing of entrepreneurs, helping them to improve the world through innovation and job creation

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Our external CFO service

Our external CFO service covers the 3 main financial areas of any startup (control, processes and fundraising). Thanks to our team’s work, we have become a reference in financial management for startups, providing our knowledge, experience and involvement in each of our clients

1.Control

We control your startup by projecting and monitoring the main KPI's and financials of the company

Business planning

• We develop a new business plan based on reliable but ambitious estimates and focused on the main operating business metrics
• We integrate your company’s financial targets and KPIs with its operational goals
• We provide strategic insights on key growth drivers, headcount and expenses

Reporting

• We design monthly dashboard reports with the main KPIs for senior management
• We suggest improvements and recommendations in both business and financial aspects
• We summarize key insights and red flags in board materials for investors and CEOs

Forecasting

• We perform constant forecasts of the main KPIs, financials and cash flow
• We deliver realistic future results and insights guiding businesses to maximize growth
• We ensure current funds cover future needs in order to minimize risk

2. Processes

We smooth all administrative matters and improve every kind of internal process of the startup

Admin

• We build and scale the financial accounting system (invoicing, collections, payments and accounting processes)
• We optimize cash and currency management
• We structure finance functions and departments

Projects

• We provide project-based support (administration, legal and strategic projects)
• We assist in the process of establishing subsidiaries abroad
• We calculate and prepare documentation for phantom share programmes

Analysis

• We implement dashboards for budgetary control and KPI tracking
• We build financial models for the study of scenarios before any business decision
• We do the strategic analysis in pricing and costing

3. Fundraising

We proactively support our clients in covering their financial needs with the best possible conditions

Bank

• We analyse the company's needs in order to improve the capital structure
• We carry out the application processes with banks on behalf of the company
• We negotiate terms with banks and obtain the best deal

Public

• We provide all the necessary information to consultants or institutions
• We provide support on the company's forecast to the applications
• We review the reports to be presented in the applications

Private

• We prepare all required information for private financing rounds related to business plan, valuation or cap table.
• We provide all necessary documentation to potential investors
• We support preparing other materials and negotiations

Our achievements

We advance and grow hand in hand with our clients.

More than €43M

raised in financing rounds

More than €4M

raised in other private financing

More than 20 countries

covered with our service

Success stories

The added value that we provide

You may have asked yourself some of the questions we answer below. At The Startup CFO we work to give you answers to the problems that may arise in the financial management of your startup

Do you think you should be in charge of your startup's financial tasks?

Normally in the early stages of a startup it is the CEOs and COOs who are in charge of the administrative and financial tasks. We want you to stop investing time in these tasks so you can focus on developing your business

Do you need a CFO for your startup but can't afford a senior profile?

The time has come for an experienced CFO to take control of the financial area of your project but you can’t afford a senior profile. In The Startup CFO we integrate as a member of the team providing senior experience at the cost of a junior to help you with all your financial tasks

Have you received funding and need support dealing with investors?

It is common for investors, right after the private funding round, to start asking for a detailed control of the finances and main metrics of your startup. We usually start working right at that moment, not only to control the financial department, but also to lead the relationship with investors

Do you think you are making the right financial decisions on time?

Analyzing in detail the current situation of your company to make the right decisions is essential to ensure the growth of your project. We focus on metrics analysis and cash flow control that will help you dedicate time to other tasks such as business development

Does your bookkeeper provide the financial solution you need?

Hiring an accountant is one of the first steps for any entrepreneur. However, the need for control grows as the financing received or the stage your business is in increases. We help you take your startup’s finances to the next level

Contact us

If you think we can help you take the financial and strategic management of your startup to the next level, send us a message. We will get back to you as soon as possible to meet and discuss how we can help you