Before a raise
Two to six months out, when the model, the data room and the cap table have to hold up in diligence.
Finance · Fractional CFO
Fractional CFO for technology companies
Senior finance leadership with capital-markets and institutional fundraising experience, and operating experience inside scaling companies. In your company through the periods that test it.
When companies bring us in
As the company scales
When the finance function has to be built while the company hires.
When the board expects more
When investors want a monthly pack and a model reconciled to the books, and the founder is still the finance team.
What we do
Fundraise readiness
- A driver-based model reconciled to actuals
- A data room organized before the first partner meeting
- A cap table with every SAFE and note modeled through conversion
- KPI definitions that match across the deck, the model and the board pack
- For AI companies, inference and compute costs carried in the model
The finance function
- A monthly close run by trusted accountants from our network, under senior review
- Cash and treasury management, including digital-asset treasury
- Cash-flow planning: a rolling forecast and runway under stated assumptions
- Expense and treasury policy; audit and tax coordination with your CPA firm
Board and investors
- A monthly pack on a fixed calendar day
- Quarterly board material
- Investor updates that match the numbers
Digital assets
- Token treasury policy and reporting
- Reserve and treasury design for stablecoin issuers
- Tokenization and token structure
- Crypto-native accounting through specialists in our network
Capital strategy
Capital-markets and institutional fundraising experience, applied to the decisions that set a company's cost of capital: how much to raise, in what form, from whom and on what terms.
Equity rounds
- Round size, structure and terms modeled before the term sheet arrives
- Dilution carried through every scenario on the cap table
- Investor materials and diligence answers that match the books
Debt and credit
- Venture debt and credit facilities weighed against equity
- Covenants and reporting the company can meet
- Lender diligence and negotiation support
Structured and later-stage
- Structured rounds and secondaries
- Strategic-investor negotiation
- Series B and beyond
We advise and prepare. We do not solicit investors.
How an engagement runs
- AssessmentA structured review against what the next raise and the board will require.
- ProposalScope, deliverables and timing, agreed in writing.
- CadenceA weekly call, a monthly pack on a fixed day, and one point of contact.
- HandoverWhen you hire a full-time CFO, we hand over the function and the playbook.
Questions
What does a fractional CFO do at a seed or Series A company?
Owns the numbers the company runs on and raises on: the model, cash, the monthly close, board reporting and the raise itself. At this stage the work rarely fills a full-time role, but it has to be done to the standard a lead investor expects.
How is this different from outsourced accounting?
An accounting firm keeps the books. We run the finance function and answer for all of it: the model, cash, the board and capital decisions. We work with excellent bookkeepers and accountants from our own network, and we are glad to own and coordinate that work as well, so the books and the decisions sit in one place.
Do you raise money for us?
Not as a broker. We are highly involved in the fundraising process and help shepherd the company through its most challenging parts: the model, the materials, the data room, diligence and the terms. We do not solicit investors or take a fee tied to the money raised. Nonlinear Advisors is not a broker-dealer.
Do you work with digital-asset companies?
Yes. It is one of the sectors we know from the inside. The work includes token treasury policy, crypto-native accounting through specialists in our network, and reserve and treasury design for stablecoin issuers.