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CFO Services · Tech Startups · Canada · Licensed CPA

CFO Services for Tech Startups

Fractional CFO support built for Canadian tech startups and founders. Get the runway control, burn-rate discipline, investor-ready reporting, SR&ED and fundraising support of a full-time CFO, without the full-time salary. Delivered on a clear monthly engagement by a licensed CPA firm that understands how startups actually run.

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ACTIVELY ACCEPTING
Startup Clients

Runway, burn, SR&ED, fundraising, reporting

Convenient Availability

Weekend and evening support until 9 PM

Startup CFO Specialists

Burn rate, MRR/ARR, cap table, investor decks

Startups Run on Runway, and Runway Runs on the Numbers

A tech startup lives or dies by how long its cash lasts and how fast it grows before the next raise. Burn rate, runway, MRR and ARR, gross margin, CAC and the cap table are the metrics that decide whether you reach the next milestone or run out of road. Most founders are builders and sellers at heart, not finance people, and that is exactly where a CFO earns their place.

We give you a senior financial partner who manages the numbers investors and boards actually look at: monthly burn, months of runway, growth rate, unit economics and the model behind your next round. We turn your startup bookkeeping into a forecast you can raise on, claim your SR&ED credits against, and steer the company with. Fractional CFO support, scaled to your stage, on a clear monthly engagement.

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Gondaliya CPA team - CFO services for tech startups

CFO Services for Tech Startups

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Burn Rate & Runway

Track monthly burn and months of runway in real time, so you always know how long your cash lasts and when to raise.

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Financial Modelling & Forecasting

Investor-grade models and rolling forecasts for revenue, hiring and spend, built to support your plan and your raise.

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SaaS Metrics & Unit Economics

MRR, ARR, churn, CAC, LTV and gross margin tracked and reported so you and your investors see the real growth story.

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SR&ED & Tax Credits

Identify and support SR&ED claims and other credits so the government funds part of your R&D and extends your runway.

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Fundraising Support

The financials, model and data room investors expect, plus support through diligence so your raise runs smoothly.

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Board & Investor Reporting

Clear monthly reporting and board packages on the KPIs investors track, so updates are credible and on time.

How Our Startup CFO Engagement Works

A clear, structured process that turns your startup’s numbers into runway, growth decisions and a fundable model. AFFORDABLE flat monthly engagement.

1

Discovery & Financial Review

We start with a free consultation to understand your startup, then review where you really stand.

  • Understand your product, stage, business model and goals for the year.
  • Review your financials, accounting and current burn and runway.
  • Identify whether SR&ED or other credits are being left on the table.
  • Confirm the state of the books the CFO work will rely on.
  • Map the scope so the engagement fits your stage and needs.
2

Set Your Metrics and Targets

We agree the metrics that matter for your model and set the targets you manage against.

  • Define burn, runway and growth-rate targets for the period.
  • Set the SaaS or product metrics that fit your model: MRR, ARR, churn, CAC.
  • Agree the board and investor KPIs you will report each month.
  • Build the dashboard founders and investors will actually use.
  • Tie each metric to the decisions it should drive.
3

Clean Up the Foundation

Investor-grade insight needs investor-grade books. We make sure the numbers are right.

  • Confirm bookkeeping, revenue recognition and reporting are clean.
  • Set up the chart of accounts the way investors expect to see it.
  • Reconcile accounts so the figures hold up in diligence.
  • Capture R&D spend properly to support SR&ED claims.
  • Run ongoing bookkeeping where you want it bundled in.
4

Build the Model and Dashboards

We build the forward-looking tools you raise on and steer with.

  • Build a financial model for revenue, hiring and spend scenarios.
  • Create a rolling cash flow forecast with live runway.
  • Stand up the monthly KPI dashboard for your startup.
  • Model the impact of a raise, a hire plan or a pricing change.
  • Make the numbers board-ready and easy to act on.
5

Monthly Reporting and Strategy

Each month we deliver reporting and meet to turn it into decisions.

  • Deliver board-quality reporting on burn, runway and growth.
  • Walk through what the numbers mean in a strategy meeting.
  • Advise on hiring pace, spend and the timing of your next raise.
  • Flag runway risk early, while there is still time to act.
  • Track progress against targets month over month.
6

Fundraising & Ongoing Leadership

We act as your on-call financial partner through the raise and beyond.

  • Prepare the financials, model and data room for your round.
  • Support you through investor diligence and questions.
  • Keep SR&ED, bookkeeping and the corporate return tied together.
  • Advise on the big calls as the company scales.
  • One firm managing the whole startup financial file.

Free Startup CFO Consultation

Pick a Time That Suits You

Case Studies: Startup CFO Work

Illustrative of the outcomes we help founders reach. These describe the kind of results our CFO work delivers, not a specific client file.

Seed-Stage SaaS, Toronto

A seed SaaS founder did not know the true monthly burn or how many months of runway were left. We built a live burn-and-runway model, which showed the raise needed to start sooner than planned. The founder went into the round early and on the front foot. Get Started →

Runway visible. Raise started on time.

Pre-Seed Tech Startup, Ontario

An early startup had never claimed SR&ED despite significant R&D. We set up the books to capture eligible work and supported the claim, recovering credits that extended the runway by months without raising a dollar.

SR&ED claimed. Runway extended.

Series A SaaS, Canada

A startup heading into a Series A had reporting investors did not trust. We rebuilt the financials, stood up clean SaaS metrics and a board-ready model, and supported diligence. The round closed without the numbers becoming a sticking point.

Investor-ready. Round closed.

Bootstrapped Software Co, GTA

A profitable bootstrapped software company was flying blind on unit economics. We built CAC, LTV and gross-margin reporting, which revealed where growth spend actually paid back, and the founder reallocated budget to the channels that worked.

Unit economics clear. Spend reallocated.

The Startup Numbers a CFO Watches

A startup CFO manages the specific metrics that decide whether you reach the next milestone, not generic business numbers.

MetricWhy It Decides Your Outcome
Burn rateHow much cash you spend each month. The number that, against your balance, sets how long you have to hit the next milestone.
RunwayMonths of cash left at current burn. The single figure every founder and investor watches; running out is fatal.
MRR / ARR & growth rateRecurring revenue and how fast it grows. The core of a SaaS valuation and the story investors fund.
Gross marginWhat is left after the direct cost of delivering your product. Determines how efficiently revenue turns into runway.
CAC & LTVWhat it costs to acquire a customer versus their lifetime value. The test of whether growth spend actually pays back.
Cap table & dilutionWho owns what, and how each raise changes it. The numbers behind every funding and option decision.

Most founders track revenue and ignore the rest. Burn, runway and unit economics are what decide whether the company survives to its next milestone, and they are exactly the numbers a startup CFO manages for you, before they become a crisis.

Startup CFO Support by Stage

Your StageWhat We Focus OnTypical Priority
Pre-seed / bootstrappedClean books, burn and runway tracking, SR&ED setupExtend runway and claim every credit
SeedFinancial model, KPI dashboard, fundraising prepBuild a model you can raise on
Series A and beyondBoard reporting, SaaS metrics, diligence supportInvestor-grade reporting and a clean raise
Scaling / profitableUnit economics, spend efficiency, forecastingGrow efficiently and protect margin

No matter your stage: the right level of CFO support is the one matched to where your startup is now. We scale it up as you raise and grow, so you never pay for more than you need today.

What Our Startup CFO Engagement Includes

AreaWhat You Get
Burn & runway trackingLive monthly burn and months-of-runway reporting so you always know your timeline.
Financial model & forecastAn investor-grade model and rolling forecast for revenue, hiring and spend scenarios.
SaaS & unit-economics reportingMRR, ARR, churn, CAC, LTV and gross margin tracked and reported each month.
SR&ED & tax creditsIdentifying and supporting SR&ED and other credits to extend your runway.
Board & investor reportingBoard-ready packages and updates on the KPIs investors actually track.
Fundraising supportThe model, financials and data room for your round, plus diligence support.
Bookkeeping & tax (optional)We can run your bookkeeping, HST and corporate return alongside the CFO work.
On-call financial leadershipA senior CPA available for the big decisions, not just at month-end.

SR&ED is real money most startups under-claim. If your team is developing software or solving technical uncertainty, part of that R&D may be recoverable through SR&ED, directly extending your runway. We make sure the books capture it and the claim is supported. SR&ED Claims →

Signs Your Startup Needs a CFO

  • You do not know your exact monthly burn or how many months of runway you have left
  • You are about to raise and do not have an investor-grade model or data room
  • Your reporting is not something you would put in front of a board or investor
  • You are developing software or technology and have never claimed SR&ED
  • You cannot say what your CAC, LTV or gross margin actually are
  • You are hiring or spending fast and are not sure how it affects runway
  • Investors have asked for numbers you could not produce quickly
  • Your bookkeeping is behind, so the numbers you have cannot be trusted
  • You are making spend and hiring decisions on instinct, not a model
  • You want a senior financial partner without a full-time CFO salary
  • Your revenue recognition or chart of accounts is not investor-ready
  • You want one firm to handle CFO, SR&ED, bookkeeping and tax together

Give Your Startup a CFO

Runway control, a fundable model and investor-ready reporting. 30-Day Money-Back.

Know Your Exact Fee

Why Founders Choose Gondaliya CPA for CFO Support

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Startup Focus

Burn, runway, SaaS metrics, SR&ED and fundraising, not generic accounting.

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Investor-Ready

Models, reporting and data rooms built the way investors expect to see them.

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Clear Monthly Fee

Transparent monthly engagement. No hourly. 30-Day Money-Back. 60-Day Fees-Matching.

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1300+ Reviews

Canada’s most AFFORDABLE CPA. Flat fees for every service.

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Startup CFO Pricing

CFO support is scoped to your startup’s stage and needs, so a pre-seed team differs from a Series A company in diligence. We confirm a clear fixed monthly fee after a short scoping call. All fees include HST.

Engagement LevelBest ForMonthly Fee
EssentialsPre-seed or bootstrapped founders wanting burn, runway and clean reportingFixed monthly retainer, confirmed on scoping
GrowthSeed-stage startups needing a model, KPI dashboard and fundraising prepFixed monthly retainer, scoped to the work
Scale / AdvisorySeries A and beyond needing board reporting, diligence and deeper leadershipCustom monthly retainer by stage and scope

Why we scope rather than quote one flat number: unlike a corporate tax return, CFO work depends on your stage, whether you are raising, the state of your books and how deep the financial leadership goes. We give you a clear fixed monthly fee after a short call, with no hourly billing.

Know Your Exact CFO Fee Before We Start

AFFORDABLE flat monthly fee. 30-Day Money-Back. 60-Day Fees-Matching.

Calculate My Fee

CFO Services for Other Industries

Restaurants
Prime cost, covers, cash flow, margins
E-commerce
Margins, inventory, ad spend, cash flow
Professional Services
Utilisation, billing, cash flow, profit
All Industries
Fractional CFO services across sectors

Frequently Asked Questions: Startup CFO Services

What is a fractional CFO for a startup?
A fractional CFO is a senior financial leader who works with your startup part-time, giving you runway control, financial modelling, investor reporting and fundraising support without a full-time CFO salary. You get the expertise scaled to your stage and budget.
Does my startup really need a CFO?
If you do not know your burn and runway, you are about to raise, or your reporting is not investor-ready, a fractional CFO usually pays for itself. The service turns the numbers you have into runway, a fundable model and decisions that keep the company alive and growing.
What is the difference between a CFO and a bookkeeper or accountant?
A bookkeeper records transactions and an accountant prepares statements and files taxes. A CFO uses those numbers to lead, managing burn and runway, building the model, and guiding hiring, spend and your raise. We can provide all three so they work together.
What is burn rate and runway?
Burn rate is how much cash your startup spends each month. Runway is how many months of cash you have left at that burn. Together they are the most important numbers a founder watches, because running out of runway ends the company. We track both live.
How much do CFO services cost for a startup?
CFO support is a monthly engagement scoped to your stage and needs, so a pre-seed team differs from a Series A company in diligence. We confirm a clear fixed monthly fee after a short scoping call, with no hourly billing. All fees include HST. Know Your Exact Fee →
Why is CFO pricing not a single flat number?
Unlike a corporate tax return, CFO work depends on your stage, whether you are raising, the state of your books and how deep you want the support to go. We scope it on a short call and then give you a fixed monthly fee, so you know exactly what you pay.
Can you help me get ready to raise?
Yes, fundraising support is core to the service. We build the investor-grade model and financials, set up clean metrics and a data room, and support you through diligence, so your numbers strengthen the raise rather than slow it down.
What is SR&ED and can you help me claim it?
SR&ED is a federal tax credit for businesses doing eligible research and development, including a lot of software work. Many startups under-claim or miss it entirely. We set up the books to capture eligible work and support the claim, which can directly extend your runway. SR&ED Claims →
Will SR&ED really extend my runway?
It can. SR&ED returns a portion of eligible R&D spending, which is real cash back into the company. For a startup spending heavily on development, a well-supported claim can add months of runway without raising a dollar. The key is capturing the work properly through the year.
What SaaS metrics will you track?
The ones that decide a software startup’s value and health: MRR, ARR, growth rate, churn, CAC, LTV and gross margin, alongside burn and runway. We tailor the dashboard to your model so you and your investors see the real growth story.
Can you build a financial model for my startup?
Yes. We build an investor-grade model covering revenue, hiring and spend scenarios, tied to your burn and runway, so you can plan, test decisions and raise on numbers that hold up. The model becomes the tool you steer the company with.
Do I need clean bookkeeping before CFO work starts?
Investor-grade insight needs investor-grade books, so accurate, current bookkeeping is the foundation. If your books need work, we clean them up first, set up the chart of accounts the way investors expect, and can run ongoing bookkeeping. Catch-Up Bookkeeping →
Can you also handle my bookkeeping and taxes?
Yes. We can run your startup bookkeeping, HST, SR&ED and corporate tax return alongside the CFO work, so everything ties together under one firm and nothing falls between providers. Bundling often makes the whole engagement more efficient.
Can you prepare board and investor reporting?
Yes. We produce board-ready packages and monthly investor updates on the KPIs investors actually track, burn, runway, growth and unit economics, so your reporting is credible, consistent and on time. Good reporting builds investor confidence between rounds.
I am pre-seed, is this too early for a CFO?
Not at all. The Essentials level is built for pre-seed and bootstrapped founders who want burn and runway visibility, clean reporting and SR&ED set up properly from the start. Getting the foundation right early makes every later raise smoother.
How quickly will I see value?
Usually within the first month or two, once you can see your real burn, runway and a clean model. Founders often find immediate clarity on when to raise and where spend is inefficient. Deeper value builds as the model and reporting mature.
Do you work with SaaS, hardware and other tech models?
Yes. The CFO fundamentals, burn, runway, unit economics, fundraising, apply across SaaS, hardware, marketplaces and other tech models. We tailor the metrics and model to how your specific business makes money.
Can you help a startup that is running low on runway?
Yes, and that is often when CFO support matters most. We give you an honest view of how many months are left, model the options, cut burn where it makes sense, and help you plan the raise or path to profitability before the runway runs out.
Is this a long-term commitment?
It is an ongoing monthly engagement because financial leadership is most valuable continuously, especially around a raise, but we keep terms clear and fair. We would rather earn the relationship each month than lock you in. Scope and terms are agreed up front.
Do you use my existing accounting and SaaS tools?
Yes. We work with your existing accounting software and the billing or SaaS tools you already use wherever possible, and advise on improvements where the setup is holding back clean reporting. The goal is investor-ready numbers, not a rebuild for its own sake.
What makes a startup CFO different from a general one?
Startup finance has its own language, burn, runway, ARR, dilution, SR&ED and the rhythm of fundraising. We manage those specifics rather than applying generic business metrics, which is what makes the insight genuinely useful to a founder and credible to investors.
Can you help with my cap table?
We help you understand the financial impact of your cap table and dilution as you raise, model how a round changes ownership, and prepare the numbers behind funding and option decisions. For legal cap-table documents you will also want a lawyer; we handle the financial side.
How is this different from hiring a full-time CFO?
A full-time CFO is a senior salary plus equity most early startups cannot justify. A fractional CFO gives you the same expertise for the hours you actually need, at a fraction of the cost, scaling up as you raise and grow into a full-time hire later if it makes sense.
Can you support diligence during a raise?
Yes. We prepare the financials and data room investors expect, answer the financial questions in diligence, and make sure your numbers hold up under scrutiny. Clean, credible financials keep a round moving instead of stalling it.
Are you a licensed CPA firm?
Yes. Gondaliya CPA Professional Corporation is a licensed CPA firm in good standing, dual-credentialed in Canada and the USA, serving business clients only. You can verify our standing directly with CPA Ontario.
Do you only work with startups in Toronto?
No. We deliver CFO services virtually to tech startups across Ontario and Canada. Remote delivery means you get senior CPA expertise wherever your startup is based, which suits the way most tech teams already work.
What if I just need help for a raise?
We can scope a focused engagement around the raise, building the model, financials and data room and supporting diligence, then continue monthly if you want ongoing CFO support afterward. Tell us the goal on the consultation and we will shape it around your round.
Can you help me decide when to raise?
Yes. With a live runway model we show how many months you have, what milestones you can hit first, and the lead time a raise needs, so you start the process early and from strength rather than scrambling when cash runs low.
Will you help me understand my unit economics?
Yes. We build CAC, LTV and gross-margin reporting so you can see whether your growth spend actually pays back and which channels work. Clear unit economics is one of the fastest ways to stop wasting runway on growth that does not return.
How do I get started?
Book a free consultation. We review your burn, runway and reporting, show you exactly how CFO support would help, and scope a clear fixed monthly fee. Most AFFORDABLE CPA for business clients in Canada. Book Free Consultation →

Meet Your Startup CFO Team

Sharad Gondaliya CPA

Sharad Gondaliya, CPA

Founder & Managing Director
Gondaliya CPA Professional Corporation

Sharad leads CFO engagements for founders, focused on runway discipline, investor-grade models, SR&ED and fundraising support that helps startups reach the next milestone.

Vandana Goel CPA

Vandana Goel, CPA

Senior Accountant
Gondaliya CPA Professional Corporation

Vandana keeps the numbers behind every CFO engagement accurate and investor-ready, setting up clean books and revenue recognition and capturing R&D spend for SR&ED.

What Our Clients Say

1300+ five-star reviews from business owners and founders across Ontario and Canada.

10 Ways a CFO Strengthens Your Startup

These are the moves that protect your runway, sharpen your raise, and turn your startup’s data into better decisions.

  • 1Track burn and runway liveKnowing your exact monthly burn and months of runway is the foundation of every other decision. A live number means you raise or cut on time, never by surprise.
  • 2Build a model you can raise onAn investor-grade model of revenue, hiring and spend lets you test decisions and walk into a round with numbers that hold up under diligence.
  • 3Claim SR&ED every yearEligible R&D, including much software development, can return real cash through SR&ED. Captured properly, it extends your runway without raising a dollar.
  • 4Know your unit economicsCAC, LTV and gross margin reveal whether growth spend pays back. Fixing weak unit economics stops you burning runway on growth that does not return.
  • 5Report like an investor expectsClean monthly reporting on burn, runway, ARR and growth builds investor confidence between rounds and makes the next raise easier.
  • 6Time your raise from strengthA runway model shows the lead time a round needs, so you start early and from a position of strength instead of scrambling when cash is low.
  • 7Set up investor-ready booksThe right chart of accounts and revenue recognition mean diligence finds clean numbers, not surprises that stall or reprice the round.
  • 8Model hiring and spend before you commitEvery hire and spend decision changes runway. Modelling it first means you grow the team at a pace the cash can actually support.
  • 9Watch growth rate, not just revenueInvestors fund the slope, not the snapshot. Tracking growth rate and ARR tells the real story and shows where to focus to keep it climbing.
  • 10Keep CFO, SR&ED and tax under one roofWhen the model, the bookkeeping, the SR&ED claim and the corporate return all sit with one firm, the numbers agree and nothing falls between providers.

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Give Your Startup a CFO

Runway control, a fundable model, SR&ED and investor-ready reporting on a clear monthly engagement with a licensed CPA firm. AFFORDABLE flat fees.

Licensed CPA Ontario1300+ Five-Star Reviews30-Day Money-Back GuaranteeStartup CFO Specialists



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