Bookkeeping for VC-Backed Tech Start-Ups
Institutional-Grade Bookkeeping
for Venture-Backed Companies
Investor-Ready Financial Records
We maintain the general ledger and financial statements to the standard that institutional investors, board members, and future auditors expect -- from day one.
Fundraising and Due Diligence Ready
Clean, organized books are one of the most important things you can have when a Series A or B process begins. We keep yours that way throughout the year.
Built for SaaS and Tech Business Models
We understand recurring revenue, deferred revenue, stock-based compensation, and the accounting complexity that comes with venture-backed technology companies.
100+
Successful transactions completed
20+
Years of experience
$5 - 50m
Average size of transaction
$20-200m
Average market cap of clients across tech, manufacturing & services
Bookkeeping Built for the Demands of Venture-Backed Technology Companies
What makes us different?
Venture-backed technology companies have specific financial reporting needs that most bookkeepers are not equipped to handle. Recurring revenue models require careful attention to deferred revenue and ASC 606 compliance. Equity compensation programs create stock-based compensation accounting under ASC 718. SAFE notes and convertible instruments require technical accounting analysis. And institutional investors expect board packages that reflect a real understanding of the business.
Corviniti provides bookkeeping services designed for the specific demands of VC-backed tech companies. We maintain accurate, GAAP-compliant financial records, handle the technical accounting questions that arise in your business model, and produce the financial reporting your board and investors expect. We work with companies from seed stage through late-stage growth, and we understand what each stage requires.
We also prepare your books for what comes next. Whether that is a Series A process, a venture debt facility, or an eventual IPO, clean, well-organized financial records reduce friction at every step. We build the financial infrastructure your company needs now and design it to scale as you grow.
We help with:
- Monthly Close and Financial Statements: Execute a complete monthly close and deliver GAAP-compliant financial statements that your board and investors can rely on.
- Deferred Revenue Accounting: Account for subscription and SaaS revenue correctly under ASC 606, including deferred revenue schedules and revenue recognition waterfall.
- Stock-Based Compensation: Record equity award expense under ASC 718, maintain grant schedules, and prepare the disclosures investors and auditors expect.
- SAFE and Convertible Note Accounting: Analyze and account for SAFEs, convertible notes, and preferred equity instruments with the technical accuracy these instruments require.
- Cap Table Maintenance: Maintain accurate records of equity issuances, option grants, and conversions to support investor reporting and future financing rounds.
- Board Package Preparation: Prepare the monthly or quarterly financial package for board review — financial statements, KPI dashboard, and variance analysis.
- Audit Preparation: Prepare for institutional or Series A audit requirements, organizing records and resolving accounting questions before auditors arrive.
- Burn Rate and Cash Runway Reporting: Maintain forward-looking cash models and deliver regular burn rate reporting so management always has clear liquidity visibility.
Our Bookkeeping Services
Monthly Bookkeeping
Maintain accurate, investor-ready financial records with a disciplined monthly close that reflects the actual performance of your business.
- Account Reconciliation: Reconcile all accounts at month-end including deferred revenue schedules, accrued liabilities, and equity accounts.
- Transaction Coding: Ensure consistent, accurate coding of all transactions under a chart of accounts designed for SaaS and technology business models.
- Financial Statement Delivery: Deliver GAAP-compliant financial statements on a schedule that supports your board reporting cadence.
- Deferred Revenue Tracking: Maintain accurate deferred revenue schedules and ensure revenue is recognized in the correct period under ASC 606.
- Equity Compensation Recording: Record stock-based compensation expense monthly and maintain the underlying grant schedules.
Cleanup and Catch-Up
Organize and correct historical financial records to meet the standard institutional investors and auditors expect when a new financing round begins.
- Historical Reconstruction: Reconstruct prior-period records that were maintained informally, organizing them to meet GAAP and investor standards.
- SAFE and Convertible Note Cleanup: Review and correct the historical accounting for SAFEs, convertible notes, and equity instruments.
- Ledger Cleanup: Reclassify transactions, resolve reconciling items, and clean up the general ledger before a financing round or first audit.
- Audit-Ready Organization: Organize supporting documentation for all historical periods so a first-time audit process runs efficiently.
Financial Planning & Analysis
Turn accurate financial records into the metrics and forward-looking analysis that institutional investors and board members rely on.
- Burn Rate and Runway Analysis: Build and maintain cash models that project burn rate, runway, and the timing of the next financing requirement.
- ARR and Revenue Metrics: Track ARR, MRR, net revenue retention, and other SaaS metrics that institutional investors focus on.
- Budget-to-Actual Reporting: Deliver monthly variance analysis against budget so management understands what is driving performance.
- Scenario Modeling: Model the financial impact of hiring plans, product investments, and other strategic decisions on cash runway and unit economics.
Contact us to discuss scope and pricing for your stage and complexity.
Why Choose Us?
Big 4 expertise,
boutique agility
Corviniti provides VC-backed technology companies with institutional-grade bookkeeping — the financial rigor that Big 4-trained professionals bring, at a cost structure that makes sense for a growth-stage company.
Startups and US Capital Markets are our focus
From seed-stage startups establishing their financial infrastructure for the first time to Series B and C companies preparing for an eventual IPO, Corviniti provides the bookkeeping and accounting support that venture-backed technology companies require.
- Seed through Late-Stage Venture-Backed Companies
- SaaS, Fintech, and Technology Business Models
- IPO and Capital Markets Ready
- Big Four Experience
- Institutional Investor Standards
Contact Us To
Learn More
Call: (347) 472-1115
Email: info@corviniti.com
Tell us about your company, your current stage, and what your financial records currently look like. We will respond within 24 hours.
Learn More From
Frequently Asked Questions
Venture-backed technology companies have several accounting complexities that most bookkeepers are not equipped to handle: recurring revenue models that require ASC 606 analysis, equity compensation programs that generate stock-based compensation expense under ASC 718, complex financing instruments like SAFEs and convertible notes, and institutional investors who expect board packages that reflect a real understanding of the business. Standard bookkeeping services rarely have the technical depth to handle these correctly.
Yes. SAFEs and convertible notes are among the most common technical accounting questions we address for early-stage companies. Each instrument requires analysis of its specific terms to determine the correct accounting classification and measurement. We analyze the instruments, prepare the accounting entries, and document the conclusions in a format that will hold up when your first institutional audit arrives.
We maintain detailed deferred revenue schedules that track the timing of recognition for each subscription or contract. Revenue is recognized in accordance with ASC 606 — as the performance obligation is satisfied over the subscription period. We ensure the deferred revenue balance reconciles to the underlying schedule at every close and that the revenue recognition waterfall is accurate and auditable.
We prepare monthly or quarterly board packages that include GAAP financial statements, a KPI dashboard tracking the metrics your investors care about (ARR, MRR, NRR, burn rate, runway), budget-to-actual variance analysis with a brief narrative, and a forward-looking cash summary. We tailor the package to your investors’ expectations and update it as the business and reporting requirements evolve.
Ideally six to twelve months before you plan to begin the process. Institutional investors conduct financial due diligence, and disorganized or technically incorrect books create delays and raise concerns. Starting the cleanup process early means issues are resolved on your timeline rather than under the pressure of an active deal process.
Yes. We prepare the complete set of audit workpapers, resolve open accounting questions, and organize the financial records in the format institutional auditors expect. First-time audits are one of the most common situations we support for VC-backed companies — we make them significantly less disruptive than they would otherwise be.
Yes. We regularly work with foreign private issuers and companies with cross-border structures, including IFRS reporting, US GAAP reconciliations, and multi-entity consolidations for companies with domestic and international subsidiaries.
In most cases, we can begin within a few days of finalizing our agreement. Our KYC and onboarding process is straightforward and does not create unnecessary delays before the actual work starts.
