Background
Tailorbird is a venture-backed software startup that leverages generative AI to streamline real estate renovations. Their platform maps properties and simplifies the contractor bidding process, ultimately accelerating pre-construction and reducing costs for property owners.
Challenge
As a rapidly growing technology company focused on developing innovative software solutions for real estate portfolio companies, Tailorbird needed a financial partner who could:
- Provide comprehensive accounting and financial guidance during rapid growth
- Support strategic initiatives, including fundraising and systems implementation
- Deliver reliable financial reporting for board members and investors
Solution
Tailorbird partnered with the team at SPRCHRGR with right-sized fractional CFO, FP&A, and comprehensive accounting services.
Core Financial Operations
- Established and maintained proper books and records
- Implemented GAAP-compliant financial reporting
- Developed revenue and accrual policies with proper documentation
- Managed day-to-day accounting operations, including reconciliations, AR/AP, and monthly closes
Strategic Financial Support
- Led three successful CRM implementations as the company scaled
- Supported multiple venture capital fundraising rounds
- Provided strategic financial modeling and analysis
- Offered technical controllership expertise
Results
With SPRCHRGR's partnership, Tailorbird has achieved:
- Successful growth from early-stage startup to over 100 employees
- Reliable, accurate financial reporting for all stakeholders
- Seamless scaling of financial operations to match business growth
- Implementation of right-sized systems and processes at each stage
Ready to transform your financial operations?
Beyond installing core accounting and finance function best practices, SPRCHRGR proved invaluable in supporting Tailorbird's strategic initiatives. As the company grew, SPRCHRGR successfully led three CRM implementations, each carefully chosen to match Tailorbird's evolving needs. They provided crucial support during multiple venture capital fundraising rounds, offering strategic financial modeling and analysis that helped tell Tailorbird's story to investors.
Throughout this growth, SPRCHRGR demonstrated remarkable flexibility, scaling their services seamlessly as Tailorbird expanded from a small team of 3-4 employees to a thriving organization of 100+ people. We supercharged and supported Tailorbird’s growth with everything from day-to-day accounting to strategic financial planning, fundraising support, and systems implementation.
Don't let financial complexity hold you back. Access experienced financial leadership at a fraction of the cost of building an in-house team. Contact us and get there faster!
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