As Your Startup Grows, Count on Kruze
Kruze Consulting has established itself as a leading provider of tax and financial services for venture-funded startups. As your startup grows from its early stages through multiple funding rounds and beyond, Kruze offers scalable services that grow with your business.
Kruze offers startup accounting services at every stage
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Comprehensive Services for Every Stage
Kruze Consulting provides a wide range of services that cater to startups at various stages of growth.
- Basic bookkeeping and accounting. Kruze helps startups set up accounting systems, categorize and record transactions, and reconcile bank and credit card statements. We also help startups implement accounting policies and procedures, like expense approval workflows.
- Payroll setup and management. Kruze works with startups to establish payroll processing, determine state and local tax obligations, and handle payroll tax filings and payments.
- Tax preparation and filing. Even unprofitable startups have to file tax returns, and Kruze prepares annual tax returns and helps startups estimate quarterly tax payments. We also make sure your company is compliant with filings and renewals at all levels, including federal, state, and local governments, including the Delaware Franchise Tax.
- R&D tax credit optimization. Our comprehensive R&D tax credit support helps your startup maximize tax savings and extend your runway. Our detailed R&D tax credit studies let your company find tax savings, comply with IRS regulations, and minimize audit risks.
- Financial statement preparation. Financial statements are crucial for fundraising, and Kruze works with startups to create investor-ready financial reports and calculate key metrics and KPIs.
- Fundraising advice. Kruze has worked with hundreds of venture-funded startups and has former VCs on staff. We’re ready to help you with fundraising, from initial phone conversations and strategy meetings to more complex support like reviewing pitch decks and due diligence materials.
- More advanced budgeting, modeling, and forecasting. Kruze helps startups forecast cash flows, monitor burn rate and runway, build more detailed financial models, and analyze key business drivers.
- Accounts receivable/accounts payable. Kruze works with your startup to automate invoice processing and payment tracking to help startups maintain accurate records and a healthy cash flow.
- Sales tax support. Through comprehensive nexus studies, Kruze determines where your startup has tax obligations across different states and municipalities, managing the entire sales tax lifecycle from registration and filing to remittance.
- Advanced revenue recognition. Kruze works with startups to navigate the complexities of recognizing revenue for various business models, including subscription-based services, usage-based pricing, and bundled offerings, to ensure your records are accurate and compliant.
- 409A valuation. Kruze’s partnerships with certified valuation providers allow startups to take advantage of valuations that are competitively priced, audit-defensible and completed within ten business days with a valuation report that adheres to AICPA and Uniform Standards of Professional Appraisal Practice (USPAP) standards.
- Expert financial guidance. Kruze handles your monthly financials, budget-to-actuals reports, and tailored advice focused on your specific industry sector and tailored for your venture capital partners and board meetings. Monthly reviews and analysis from your account manager keep you informed about your financial progress.
- Venture capital fundraising support. To support your fundraising efforts, Kruze prepares detailed financial statements, assists in due diligence preparation, and optimizes your financial operations. We also provide strategic guidance on valuation, deal terms, and your investor relations. Kruze’s experienced team and detailed knowledge of the venture capital ecosystem can help startups navigate VC term sheets and negotiate deal terms.
- KPI and metric tracking and reporting. Kruze works with startups to identify, implement, and monitor the most relevant KPIs and metrics for their specific industry and growth stage.
- CFO services. Kruze’s fractional CFO team provides strategic financial guidance, including in-depth financial modeling, scenario analysis, valuation insights, and deal term review. Kruze’s CFO services help startups navigate the complex processes of larger funding rounds.
- Strategic financial planning. To help optimize your growth, Kruze provides financial strategies from an experienced team that includes former VCs and investment bankers. Kruze’s strategic planning services include forecasting, fundraising strategy, scenario analysis, and custom reporting, helping founders make data-driven decisions and communicate their vision to investors.
- M&A and due diligence support. On average, one to two Kruze clients are acquired every month. The Kruze team has extensive experience in helping startups with M&A transactions and due diligence preparation.
- Audit support. No one likes an audit, but Kruze can make the process much smoother. Kruze helps startups prepare for audits by assisting with audit readiness assessments and providing guidance on addressing issues or discrepancies.
- Expense tracking and management. Kruze relies on cutting-edge technology to automate expense capture, categorization, and reporting, so founders and their teams can monitor spending in real time.
Other Advantages of Working with Kruze
Technology-driven approach
Kruze’s practice is built on best-of-breed cloud accounting software and tools. By utilizing platforms like QuickBooks, Gusto, Bill.com, and others, we ensure your financial systems can easily scale as your startup grows. Our expertise in financial technology provides your company with greater efficiency and cost-effectiveness.
Experience in venture capital
Kruze clients have secured over $15 billion in seed and venture funding, which means Kruze has deep expertise in preparing startups for VC due diligence. As your startup progresses through funding rounds, Kruze’s team can provide critical guidance on financial presentation and strategy to help you secure investments.
Industry-specific knowledge
From SaaS to biotech, Kruze has experience across a wide range of startup industries and verticals. This specialized knowledge allows us to provide tailored advice and services for your startup’s unique needs and challenges.
Rely on Kruze Consulting for your startup accounting needs
With scalable solutions and a team of experienced professionals, Kruze can meet your startup’s accounting and financial needs at every stage of growth, from seed funding to potential acquisition. Kruze offers various pricing tiers for different service levels, allowing you to choose the option that best fits your current needs and budget. As your startup grows, you can count on Kruze!
