Venture Capital ยท Portfolio Company Finance Partner

Accounting and Fractional CFO Services for VC-Backed Startups

Cypher provides startup accounting services, bookkeeping and fractional CFO support for VC-backed tech, AI and gaming companies. Build investor-ready reporting, clearer cash runway forecasts and financial models that support your next funding conversation.

For the VC firm making an introduction, and for the founder buying the work.

Books

Monthly accounting

CFO

Models & runway

Reporting

Board & investors

SaaS

Revenue schedules

How introductions become company engagements

A firm can introduce us to a portfolio company, or a founder can engage us directly. Either way the engagement is scoped with that company about its own books, and the work runs in that company's systems and records.

Verticals we specialize in

Built around how tech, AI & gaming actually make money

Enterprise & B2B tech

AI-powered products & platforms

Gaming & interactive media

Tech marketplaces

SaaS & cloud platforms

Web3 & digital assets

Creator & UGC platforms

What we do

Startup accounting, bookkeeping and fractional CFO services

Startup Accounting and Bookkeeping

Bookkeeping, month-end close, accounts payable and receivable, and books an investor can read.

Fractional CFO for Startups

Unit economics, financial modeling, board-level reporting and planning.

Startup Financial Modeling, Burn Rate and Runway

Scenario models, forecast against actuals and the decisions behind the burn number.

Investor-Ready Reporting and Fundraising Preparation

Board packages, KPI reporting and a data room that is organized before diligence starts.

SaaS Revenue Recognition and ASC 606

ASC 606 for SaaS, digital goods, marketplaces and usage-based pricing.

R&D Capitalization

AI model development, game assets and platform engineering, accounted for correctly.

Why Cypher

How we work with VC firms and with founders

Vertical depth. We know how tech, AI and gaming revenue actually works, and how to account for it.

Scales with the company. One finance partner from pre-seed through later rounds.

Round-ready books. Records and reporting prepared before finance diligence starts.

No search required. An embedded finance team without the delay of a full-time hire.

Cost-efficient. A fractional model at a fraction of a full-time team.

Portfolio companies build great products. The financials usually lag behind.

From enterprise tech and AI platforms managing a burn rate to gaming studios with complex digital-goods revenue, the common gaps are the same: a slow close, no current view of cash, and a data room that isn't ready when it needs to be. Founders are smart. Finance infrastructure isn't their job. Ours.

Partner ecosystem

Specialists we coordinate with when a company needs one

Cypher coordinates these engagements where a company's situation calls for one. The legal, sales tax, systems and audit work itself is performed by that firm, under its own scope and engagement.

Legal & Compliance

Sales Tax Advisory

Tech & Systems Integration

Audit Firms

Common questions

VC-backed startup accounting and fractional CFO questions

What accounting services do VC-backed startups need?

Most VC-backed startups need bookkeeping and month-end close, accounts payable and receivable, revenue recognition that matches how the product is sold and investor-ready reporting. Cypher runs that work with an embedded team and scales it from pre-seed through later rounds.

When should a startup use a fractional CFO?

A fractional CFO makes sense when the finance work moves from compliance to decisions: unit economics, pricing, hiring plans, burn and runway scenarios and board reporting. Cypher's fractional CFO service covers financial modeling, board-level reporting and planning without the cost of a full-time hire.

How does Cypher support investor reporting and fundraising preparation?

Cypher prepares board packages, P&L and cash-flow reporting, KPI dashboards, forecast against actuals and a data room package that is organized before diligence starts. Fundraising outcomes depend on the business, and Cypher does not guarantee them.

Can Cypher help with SaaS revenue recognition and cash runway planning?

Yes. Cypher supports SaaS revenue recognition under ASC 606 and cash runway planning: contract and billing review, revenue schedules, deferred revenue and a runway model with burn scenarios that show the decisions behind the numbers.

Finance infrastructure for VC-backed companies.

Bring Cypher in for a portfolio company, from its first close and through later rounds. Every engagement is scoped with that company, and can start with an introduction from your firm.

Partner With Cypher