What is a fractional CFO?
A fractional CFO is an experienced finance executive who works with your company part-time, typically a few days a month, providing the strategic finance leadership of a full-time CFO (forecasting, fundraising, board reporting) at a fraction of the cost. It is the standard model for startups between seed and Series B.
How much does a fractional CFO cost?
Our monthly CFO advisory starts at $3,500 per month, which typically covers budgeting, forecasting, and board reporting. Project-based work such as fundraising support starts at $5,000 per engagement and M&A advisory at a $10,000 retainer. A full-time startup CFO typically costs $250,000+ per year.
When should a startup hire a fractional CFO?
Common triggers: you are preparing to raise a priced round, investors are asking for monthly reporting you cannot produce, you are expanding into a second jurisdiction or entity, or the founder is spending more than a day a week on finance. If any of these apply, a fractional CFO usually pays for itself.
What is the difference between a fractional CFO, a controller, and a bookkeeper?
A bookkeeper records transactions and keeps your books current. A controller owns the monthly close and makes sure the numbers are accurate. A CFO sits above both: forecasting, fundraising, pricing, and board strategy. Most startups need all three layers, which is why our engagements combine CPA-led accounting with CFO advisory instead of selling them separately.
How many hours a month does a fractional CFO work with a startup?
Most engagements run 2 to 6 days per month: a monthly close review, a board or investor reporting cycle, a forecasting session, and ad hoc support on deals, hiring plans, or banking. Intensity scales up around fundraising or M&A and back down afterwards, and you only pay for the level you need.
Do you work with crypto and Web3 companies?
Yes. Alongside SaaS and tech startups, we support token projects and digital asset companies with treasury management, token launch finance, and crypto accounting. See our Crypto & Web3 Finance service for details.