DoorSpace: From "Barely a Company" to Investor-Ready Finances
Meet Sarah Worthy:
Sarah Worthy is the Founder & CEO of DoorSpace, a SaaS company helping healthcare organizations transform how they retain and develop clinical talent. By automating licensing, credentialing, and continuing education, DoorSpace empowers clinicians and employers to collaborate seamlessly — reducing administrative burdens so providers can focus on patient care.
When Sarah first partnered with Cypher, DoorSpace was at an early inflection point: moving from free pilots to real customers, raising capital, and needing to keep investors confident while staying focused on product and growth.
“We did nothing before you guys. And now we do it all correctly. I never worry about whether our books are up to date — I can focus on my team, my customers, and my investors. You’ve far exceeded my expectations.” — Sarah Worthy, Founder & CEO at DoorSpace
The Challenge
Before Cypher, DoorSpace was “barely a company” in Sarah’s words:
No real financial system — relying only on a bank account as the record of truth
No P&L statements or clean financials to share with investors
Overdue tax filings and compliance risks
Leadership spread thin between building product, selling to customers, and investor updates
No capacity (or desire) to manage bookkeeping and financial ops internally
With a small team and growing investor expectations, Sarah needed affordable, trusted support to get financials in order without distracting from DoorSpace’s mission.
The Approach
Cypher designed a financial foundation for DoorSpace’s next stage of growth. This included:
Setting up a modern accounting system (Xero) tailored to early-stage SaaS
Catching up on overdue filings and ensuring compliance with tax requirements
Implementing streamlined invoicing and revenue tracking
Providing affordable, flat-rate bookkeeping so costs stayed predictable
Offering on-demand advisory for cap table questions, investor requests, and fundraising support
Giving Sarah and her co-founder the occasional CFO-level insight they needed — without the expense of a full CFO
The Outcome
With Cypher’s support, DoorSpace:
Transitioned from “doing nothing” financially to running everything correctly and confidently
Delivered clean, investor-ready financials at every stage
Never had to worry about whether books were up-to-date
Gained peace of mind knowing reports and answers were only an email away
Benefited from trusted guidance on investor and fundraising conversations
Found a long-term finance partner that scaled affordably with growth
Investor-Ready Confidence
Peace of Mind, Every Month
Scalable Support That Grows With You
If you’re ready to go from financial chaos to confidence like DoorSpace did, let’s connect.
Build your empire—we’ll crunch the numbers. — Courtesy of Cypher
Who we are
01 The Challenge
DoorSpace had no real financial system in place and needed investor-ready reporting during a critical growth phase.
02 Our Approach
Cypher set up scalable bookkeeping, streamlined compliance, and provided trusted advisory support tailored for SaaS growth.
03 Implementing the Solution
We introduced modern accounting tools, caught up filings, and created processes that kept books current and investor updates effortless.
04 The Outcome
DoorSpace gained clarity, compliance, and confidence — freeing leadership to focus on product, customers, and scaling the business.
“We did nothing before you guys. And now we do it all correctly. I never worry about whether our books are up to date — I can focus on my team, my customers, and my investors. You’ve far exceeded my expectations.”
— Sarah Worthy, CEO & Founder, DoorSpace
